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Park Lane Tower is a completed apartment development by THE DEVELOPER PROPERTIES L.L.C in Business Bay, comprising 604 registered units. 921 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,766 per sqft. At AED 1,766 per sqft, Park Lane Tower prices 27% below the Business Bay average of AED 2,432 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 217 – 1,110 sqft | 604 | 718K | 1,766 | ↑23.8% | 79K | 11.0% | |
| Residential | |||||||
Studio · Hotel Apartment 293 – 746 sqft | — | — | — | ||||
| Hospitality | |||||||
Studio · Hotel Room 293 – 746 sqft | 208 | — | — | — | — | — | — |
| Commercial | |||||||
Office 217 – 1,110 sqft | 389 | ||||||
Shop 389 – 492 sqft | 7 | — | — | — | |||
| Floors | Median PSF |
|---|---|
| All floors | 117 sales |
| Floors 5-10 | 44 sales |
| Floors 11-17 | 40 sales |
| Floors 18-31 | 33 sales |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 5 Aug 2026 | Floor 14 | 510 | 885,000 | 1,736 | +77.0% | Entry Level | Standard Sale |
| 22 Jul 2026 | Floor 18 | 499 | 950,000 | 1,904 | -3.0% | Entry Level | Standard Sale |
| 21 Jul 2026 | Floor 20 | 372 | 775,000 | 2,084 | +9.2% | Standard | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 634 rentals |
| Floors 5-6 | 49 rentals |
| Floors 7-21 | 542 rentals |
| Floors 31-32 | 43 rentals |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 15 Aug 2026 | Floor 16 | 253 | 52,000 | 206 | -16.1% | Entry Level | new |
| 15 Aug 2026 | Floor 7 | 739 | 105,000 | 142 | 0.0% | Standard | new |
| 15 Aug 2026 | Floor 7 | 739 | 105,000 | 142 | -16.0% | Standard | new |
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.
- Sobha Ivory - 2AED 1,768/sqft
- Residence-110AED 1,761/sqft
- Business TowerAED 1,773/sqft
- Crystal TowerAED 1,774/sqft
- Al Habtoor CityAED 1,776/sqft
- West Wharef TowerAED 1,781/sqft
Common questions about Park Lane Tower
Answered from Dubai Land Department registered transactions.
How much does a property in Park Lane Tower cost?
Property in Park Lane Tower sells at a current PIX© price of AED 1,766 per sqft, or about AED 718,457 for a typical unit, based on 921 sales registered with the Dubai Land Department.
Is Park Lane Tower completed?
Yes. Park Lane Tower is recorded as completed in the Dubai Land Department project register (completed q1 2016).
Who is the developer of Park Lane Tower?
Park Lane Tower is developed by THE DEVELOPER PROPERTIES L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Park Lane Tower?
Park Lane Tower yields 11.0% gross, calculated from current PIX© rent against current PIX© sale price, across 2,233 registered Ejari contracts.
How many units are in Park Lane Tower?
Park Lane Tower holds 604 registered units, per the Dubai Land Department unit register.
Have prices in Park Lane Tower gone up or down?
Price per sqft has risen +23.8% over the last 12 months, to AED 1,766, across 921 registered sales.