1-bed · 805 sqftPark Terrace, Dubai Silicon Oasis · 8th floor · completed 2010

808, Park Terrace

Sold prices and rental history: sold twice, last in March 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 12 March 2020
Last soldAED 450K12 March 2020
Current rentAED 52K /yr25 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Park Terrace

What is 808 worth today?

Last sold for AED 450,000 in 2020

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12 Mar 2020SoldReady
AED 450,000AED 558 per sqft
25 Oct 2018RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
10 Sep 2016RentedNew contract
AED 64,000/yr12 months · AED 79 per sqft
14 Oct 2015RentedNew contract
AED 73,000/yr12 months · AED 90 per sqft
29 Jul 2010Sold by developerReady
AED 559,473AED 694 per sqft

Source: Dubai Land Department. Updated 12 March 2020.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
8th of 11
Parking
B2/13
Developer
Madison Holdingo
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 450K · March 2020
Building
Park Terrace

About 808, Park Terrace

808 is a one-bedroom apartment of 805 sqft on the 8th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 12 March 2020 for AED 450,000, or AED 558 per sqft, in line with the AED 571 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 25 October 2018, is AED 52,000 a year: a gross yield of 11.6% on the 2020 price, before the service charge of about AED 10,700 a year.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical one-bed in Park Terrace
400K600K800K2010201520202025Typical sale price by year: 2010 AED 581,608; 2011 AED 451,306; 2012 AED 547,060; 2013 AED 607,846; 2014 AED 519,225; 2015 AED 607,570; 2016 AED 580,600; 2017 AED 640,000; 2018 AED 490,000; 2019 AED 475,000; 2021 AED 317,102; 2023 AED 437,500; 2024 AED 555,000; 2025 AED 690,000; 2026 AED 730,000Sold by developer, July 2010: AED 559,473 (AED 694 per sqft)Sold, March 2020: AED 450,000 (AED 558 per sqft)

808 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 808, each contractTypical one-bed in Park Terrace
40K60K80K2012201620202024Typical rent by year: 2012 AED 44,000; 2013 AED 53,000; 2014 AED 60,000; 2015 AED 70,000; 2016 AED 64,000; 2017 AED 60,000; 2018 AED 50,500; 2019 AED 43,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 38,750; 2023 AED 55,000; 2024 AED 61,000; 2025 AED 70,000; 2026 AED 61,450New contract, October 2015: AED 73,000 a yearNew contract, September 2016: AED 64,000 a yearNew contract, October 2018: AED 52,000 a year

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 808 sits

All 49 1-beds →

808 last sold in March 2020 at AED 558 per sqft, in line with what one-beds in Park Terrace were fetching at the time (AED 571). 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. 808's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 May 2026720,000
17 Feb 2026800,000
19 Jan 2026730,000
24 Sep 2025700,000
3 1-bed sales in the last 12 months

Park Terrace

Building

94 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%
Park Terrace, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 8th floor

All 94 units in Park Terrace
Value
8011-bedAED 500K · Sep 2024
8022-bedAED 507K · May 2021
8032-bedAED 499K · May 2021
8041-bedAED 317K · May 2021
8051-bedAED 317K · May 2021
8062-bedAED 508K · May 2021
8072-bedAED 1.04M · Jan 2014

808, Park Terrace in numbers

  • Sold twice: first on 29 July 2010 for AED 559,473, last on 12 March 2020 for AED 450,000 (AED 558 per sqft).
  • Rented since October 2015 on 3 Ejari contracts, from AED 73,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2020 price is 11.6%, before a service charge of about AED 10,700 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 12 March 2020.

Questions about 808, Park Terrace

What did unit 808 last sell for?

AED 450,000 on 12 March 2020: AED 558 per sqft for 805 sqft. The unit has 2 registered sales; the first was AED 559,473 in July 2010.

What is the rent for unit 808?

AED 52,000 a year on the contract signed on 25 October 2018. The previous contract, from September 2016, was AED 64,000; the unit has been rented since October 2015.

How big is unit 808?

805 sqft (74.8 sqm): a one-bedroom apartment on the 8th floor of a 11-storey tower completed in 2010.

What is unit 808 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 808, Park Terrace

Starts from the last sale price (AED 450K, 12 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →