PropertyIndex

Park Central

Completed · Q4 2013|146 units · 1 tower

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Park Central is a completed apartment development by DAMAC STAR PROPERTIES (L L C) in Business Bay, comprising 146 registered units. 425 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,211 per sqft. At AED 1,211 per sqft, Park Central prices 50% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 2.7% YoY
909KAED
Typical
1,211AED
PSF
Gross yield
8.4%
PIX© rent ÷ PIX© price
Sale records
425
DLD · all time
Rent contracts
1,052
Ejari · all time
Park Central

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
247 – 1,423 sqft
146909K1,2112.7%76K8.4%
Residential
Studio · Apartment
324 – 1,060 sqft
46
1 Bed · Apartment
620 – 955 sqft
52
2 Bed · Apartment
969 – 1,423 sqft
39
Commercial
Shop
247 – 1,078 sqft
9
Sales — Project-Wide425 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
13 Jul 20262 BedFloor 51,1581,350,0001,166StandardStandard Sale
29 Jun 20262 BedFloor 81,0301,175,0001,141+33.8%StandardStandard Sale
23 Jun 2026StudioFloor 13450585,0001,300-3.2%StandardStandard Sale
Rentals — Project-Wide1,052 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 176 rentals
Floors 3-12 · 138 rentals
Floors 13-16 · 38 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
20 Jul 20261 BedFloor 1170263,250900.0%Entry Levelrenewal
15 Jul 20262 BedFloor 81,00185,00085-8.2%Entry Levelnew
1 Jul 20262 BedFloor 151,074105,000980.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Park Central

Answered from Dubai Land Department registered transactions.

How much does a property in Park Central cost?

Property in Park Central sells at a current PIX© price of AED 1,211 per sqft, or about AED 908,549 for a typical unit, based on 425 sales registered with the Dubai Land Department.

Is Park Central completed?

Yes. Park Central is recorded as completed in the Dubai Land Department project register (completed q4 2013).

Who is the developer of Park Central?

Park Central is developed by DAMAC STAR PROPERTIES (L L C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Park Central?

Park Central yields 8.4% gross, calculated from current PIX© rent against current PIX© sale price, across 1,052 registered Ejari contracts.

How many units are in Park Central?

Park Central holds 146 registered units, per the Dubai Land Department unit register.

Have prices in Park Central gone up or down?

Price per sqft has fallen -2.7% over the last 12 months, to AED 1,211, across 425 registered sales.