704, Park Terrace
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Park Terrace
What is 704 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 7th of 11
- Parking
- B3/15
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 12,100 /yr
- Last sold
- AED 650K · January 2025
- Building
- Park Terrace
About 704, Park Terrace
704 is a one-bedroom apartment of 906 sqft on the 7th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 21 January 2025 for AED 650,000, or AED 717 per sqft, 6% above the AED 679 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 62,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 12,100 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Terrace, and where 704 sits
All 49 1-beds →704 last sold in January 2025 at AED 717 per sqft, 6% above what one-beds in Park Terrace were fetching at the time (AED 679). Over the last 12 months one-beds sold for AED 720,000 to 800,000, around AED 883 per sqft, and rent for AED 30,000 to 143,000 a year. 704's AED 62,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202613 May 2026 | 906 sqft | 720,000 | 794 | ||
| 17 Feb 202617 February 2026 | 906 sqft | 800,000 | 883 | ||
| 19 Jan 202619 January 2026 | 804 sqft | 730,000 | 908 | ||
| 24 Sep 202524 September 2025 | 805 sqft | 700,000 | 869 |
Park Terrace
Building94 apartments, studios to 3-bed over 11 floors in Dubai Silicon Oasis, completed in 2010 by Madison Holdingo. 9 sold in the last 12 months.
- Typical price per sqft
- AED 883
- Typical sale
- AED 1.2M
- Typical rent
- AED 73K /yr
- Typical yield
- 8.2%
Other units on the 7th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 804 sqft | AED 480KAED 480,000 · Dec 2019December 2019 | 49,866 /yr | |
| 702 | 2-bed | 1,449 sqft | AED 840KAED 840,000 · Sep 2023September 2023 | 56,000 /yr | |
| 703 | 2-bed | 1,426 sqft | AED 1.19MAED 1,190,000 · Apr 2014April 2014 | 73,500 /yr | |
| 705 | 1-bed | 906 sqft | AED 800KAED 800,000 · Feb 2026February 2026 | ||
| 706 | 2-bed | 1,452 sqft | AED 960KAED 959,772 · May 2010May 2010 | 60,500 /yr | |
| 707 | 2-bed | 1,456 sqft | AED 800KAED 800,000 · Apr 2024April 2024 | 90,000 /yr |
704, Park Terrace in numbers
- Sold twice: first on 15 October 2014 for AED 407,700, last on 21 January 2025 for AED 650,000 (AED 717 per sqft).
- Rented since April 2023 on 5 Ejari contracts, from AED 40,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2025 price is 9.5%, before a service charge of about AED 12,100 a year (AED 13.33 per sqft).
- One-beds in Park Terrace sold for AED 720,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 883 per sqft.
Source: Dubai Land Department. Updated 15 March 2026.
Questions about 704, Park Terrace
What did unit 704 last sell for?
AED 650,000 on 21 January 2025: AED 717 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 407,700 in October 2014.
What is the rent for unit 704?
AED 62,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 62,000; the unit has been rented since April 2023.
How big is unit 704?
906 sqft (84.2 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2010.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Terrace sold for AED 720,000 to 800,000 in the last 12 months, around AED 883 per sqft.
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Mortgage on 704, Park Terrace
Starts from the last sale price (AED 650K, 21 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →