PARK CENTRAL
ResaleDeveloperDAMAC STAR PROPERTIES (L L C)
CommunityBusiness Bay
AreaBusiness Bay
Started
15 years 10 months ago01-03-2010
Handover
12 years 2 months ago20-11-2013
Status
CompleteFinished
Project Description
Park Central is a freehold residential & commercial development located in Business Bay area. The building consists of 2 Basement floors + Ground + 1 Parking + Health Club + 13 Typical Floors.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-10%
DeclineCurrent:AED 1,221/sqft
Last 12M:AED 1,353/sqft
Momentum: Last 12Mvs Prior Year
Rising+20%
GrowthLast 12M:AED 1,353/sqft
Prior Year:AED 1,131/sqft
Community Compare: Last 90DBusiness Bay
Discount-54%
Below AvgProject:AED 1,221/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate16%Turnover
23Sold (Last 12M)
Supply & Demand Matrix
PARK CENTRAL averaged 16% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
46 units
9 sold37 left
20%
Velocity
1 Bedroom
52 units
9 sold43 left
17%
Velocity
2 Bedrooms
39 units
5 sold34 left
13%
Velocity
Shop
9 units
0 sold9 left
0%
Velocity
Layouts & Units (146)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 3-16 | Inventory 46units 24 layouts · Typically 1 parking 34-53 sqm balcony | Size Range 324-1,060sqft | Price Range AED 325K - AED 1.2M | Avg PSF 1,325 | Sales 83 | Trend — | |
Asset Class 1 Bed FlatFloors 4-16 | Inventory 52units 31 layouts · Typically 1.1 parking 4-13 sqm balcony | Size Range 270-1,195sqft | Price Range AED 331K - AED 1.6M | Avg PSF 1,206 | Sales 82 | Trend — | |
Asset Class 2 Bed FlatFloors 4-16 | Inventory 39units 25 layouts · Typically 1.1 parking 4-13 sqm balcony | Size Range 538-1,646sqft | Price Range AED 500K - AED 2.2M | Avg PSF 1,114 | Sales 70 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 32,292-32,292sqft | Price Range AED 32.3M - AED 32.3M | Avg PSF 1,000 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 9units 9 layouts · Typically 1.4 parking | Size Range 247-1,078sqft | Price Range AED 585K - AED 1.8M | Avg PSF 1,968 | Sales 9 | Trend — |
Grouped into 5 asset classes covering 146 units