Park Lane Tower

Completed|604 units · 1 tower

Park Lane Tower is a completed development by THE DEVELOPER PROPERTIES L.L.C in Business Bay, comprising 604 registered units. 896 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,913 per sqft. At AED 1,913 per sqft, Park Lane Tower prices 6% below the Business Bay median of AED 2,027 per sqft on registered sales.

PIX© price · ↑21.1% YoY

682KAED

Typical

1,913AED

PSF

Gross yield

11.2%

PIX© rent ÷ PIX© price

Sale records

896

DLD · all time

Rent contracts

2,242

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai10 min · 3.0 km

DXB Airport15 min · 14.8 km

DIFC12 min · 5.3 km

Dubai Marina24 min · 20.8 km

Palm Jumeirah24 min · 23.1 km

Nearest · straight-line

Metro stationBusiness Bay0.7 km

MallBrand Range Trading L.L.C0.2 km

SchoolHappy Steps Childcare LLC0.2 km

HospitalPink Mood Beauty Clinic LLC0.2 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 18

…

Office on Floor 18, Park Lane Tower

Size
Record: Apr 2009 to Jan 2026
Owners: 6
Tenants: 7
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
7Tenant 7	5 Jan 2026		Owner 6
6Tenant 6	20 Feb 2025	7 mo	Ended early Owner 6
6Owner 6	14 Jan 2025	20 mo	Current owner Sold with tenant in place
5Tenant 5	11 Oct 2024	12 mo	Owner 5
4Tenant 4	1 May 2024	12 mo	Owner 5
5Owner 5	17 Jan 2024	12 mo	Sold with tenant in place
4Owner 4	27 Sep 2023	4 mo	Sold with tenant in place
3Tenant 3	13 Feb 2023	15 mo	Renewal Owner 3
3Tenant 3	13 Feb 2022	12 mo	Renewal Owner 3
3Tenant 3	13 Feb 2021	12 mo	Renewal Owner 3
3Tenant 3	13 Jan 2020	13 mo	Owner 3
2Tenant 2	1 May 2018	22 mo	Owner 3
1Tenant 1	10 Feb 2018	3 mo	Ended early Owner 3
3Owner 3	4 Feb 2018	5.6 yrs
2Owner 2	21 Apr 2011	6.8 yrs
1Owner 1	9 Apr 2009	2.0 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Office · Floor 18 · Park Lane Tower

Nightly rateAED

Occupancy (237 nights)

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Park Lane Tower1,913AED/sqft · project-wide

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	PIX© Rent /yr	Yield
PIX© Core Project-Wide 217 - 1,110 sqft	604	682K	1,913	↑21.1%	76K	11.2%
Residential
Studio · Hotel Apartment 293 - 746 sqft	208				-	-
Commercial
Office 217 - 1,110 sqft	389
Shop 389 - 492 sqft	7	-	-	-	-

Sales - Project-Wide896 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
19 Aug 2026	—	Park Lane Tower · Floor 18	256	640,000	2,502	+3.4%	Premium	Standard Sale
5 Aug 2026	—	Park Lane Tower · Floor 14	510	885,000	1,736	+77.0%	Entry Level	Standard Sale
22 Jul 2026	—	Park Lane Tower · Floor 18	499	950,000	1,904	-3.0%	Entry Level	Standard Sale

Rentals - Project-Wide2,242 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Unit No.	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
4 Oct 2026	—	—	Park Lane Tower · Floor 6	393	40,000	102	-	Entry Level	CONTRACT
1 Oct 2026		—	Park Lane Tower · Floor 17	370	70,000	189	-	Standard	CERTIFICATE
25 Sep 2026		—	Park Lane Tower · Floor 7	535	85,000	159	-	Standard	CERTIFICATE

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Park Lane Tower

Compared with

Tamani Art Tower

PIX© PSF

2,027

Rank

#5 of 10

#4 of 10

Typical price

761K

Yield

10.0%

Units

604

969

Sales

224

450

Rents

1,240

3,179

Developer

THE DEVELOPER PROPERTIES L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Binary Tower BINARY DEVELOPMENT LIMITED · Completed	430					186	8,845
	SOL Bay S O L PROPERTIES DEVELOPMENT L.L.C · Completed	331					291	705
	B2B Tower THE DEVELOPER PROPERTIES L.L.C · Completed	263					167	771
	Tamani Art Tower THE DEVELOPER PROPERTIES L.L.C · Completed	969					450	3,179
5	Park Lane Tower THE DEVELOPER PROPERTIES L.L.C · Completed	604	2,027	Subject	761K	10.0%	224	1,240
	The Metropolis DEYAAR DEVELOPMENT (P.J.S.C) · Completed	332					155	1,382
	Churchill Towers EMIRATES NATIONAL INVESTMENT CO (L.L.C) · Completed	1,282					417	3,279
	Bayswater OMNIYAT PROPERTIES DEVELOPMENT CORPORATION · Completed	298					127	781
	Silver Tower TAMEER HOLDING INVESTMENT (LLC) · Completed	483					113	731
	The Burlington DEYAAR DEVELOPMENT (P.J.S.C) · Completed	524					167	1,467

Community median 2,027 AED/sqft. All 9 qualifying community peers shown. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 50 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

The MetropolisAED 1,924/sqft
Churchill TowersAED 1,865/sqft
BayswaterAED 1,762/sqft
Tamani Art TowerAED 2,106/sqft
Silver TowerAED 1,620/sqft
B2B TowerAED 2,260/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 1,913 per sqft, or about AED 681,954 for a typical unit, based on 896 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.

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 11.2% gross, calculated from current PIX© rent against current PIX© sale price, across 2,242 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 +21.1% over the last 12 months, to AED 1,913, across 896 registered sales.