PropertyIndex

Park Avenue

Completed|109 units · 1 tower

Park Avenue is a completed development by MADISON HOLDING FZCO in Dubai Silicon Oasis, comprising 109 registered units. 213 sales are registered with the Dubai Land Department, at a current PIX© price of AED 939 per sqft. At AED 939 per sqft, Park Avenue prices 11% below the Dubai Silicon Oasis median of AED 1,052 per sqft on registered sales.

PIX© price · 1.0% YoY
1.10MAED
Typical
939AED
PSF
Gross yield
9.0%
PIX© rent ÷ PIX© price
Sale records
213
DLD · all time
Rent contracts
892
Ejari · all time
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 5

Office on Floor 5, Park Avenue

Size
Record
Dec 2016 to Feb 2026
Owners
7
Tenants
7
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
7Tenant 727 Feb 2026
Renewal
Owner 7
7Tenant 727 Feb 202512 mo
Owner 7
6Tenant 615 Aug 20246 mo
Ended early
Owner 7
5Tenant 51 Jan 20248 mo
Ended early
Owner 7
7Owner 719 Oct 20232.9 yrs
Current owner
Sold with tenant in place
4Tenant 41 May 20238 mo
Ended early
Owner 6
3Tenant 326 Jan 20222 mo
Ended early
Owner 6
6Owner 615 Dec 20202.8 yrs
Sold with tenant in place
2Tenant 29 Dec 202014 mo
Owner 5
5Owner 528 Nov 201913 mo
1Tenant 125 Jan 20186 d
Ended early
Owner 4
4Owner 425 Jul 20172.3 yrs
3Owner 328 Dec 20167 mo
2Owner 26 Dec 201622 d
Owner 1 · UndisclosedAcquisition date and price not on record
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Office · Floor 5 · Park Avenue
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Park Avenue

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
736 - 3,059 sqft
1091.10M9391.0%100K9.0%
Office
736 - 2,133 sqft
101
Shop
1,418 - 3,059 sqft
8
Sales - Project-Wide213 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
1 Sep 2026Park Avenue · Floor 41,2061,160,000962+48.7%StandardStandard Sale
12 Aug 2026Park Avenue · Floor 41,0481,048,0001,000+112.8%StandardDevelopment Sale
7 Aug 2026Park Avenue · Floor 2773810,0001,048+35.0%PremiumDevelopment Sale
Rentals - Project-Wide892 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
19 Oct 2026Park Avenue · Floor 21,04872,00069-Entry LevelCERTIFICATE
10 Oct 2026Park Avenue · Floor 131,20686,94072-StandardCERTIFICATE
29 Sep 2026Park Avenue · Floor 71,04940,00038-Entry LevelCERTIFICATE

Comparables

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

Comparable projects in Dubai Silicon Oasis

The closest-priced registered projects in Dubai Silicon Oasis.

Common questions about Park Avenue

Answered from Dubai Land Department registered transactions.

How much does a property in Park Avenue cost?

Property in Park Avenue sells at a current PIX© price of AED 939 per sqft, or about AED 1,102,600 for a typical unit, based on 213 sales registered with the Dubai Land Department.

Is Park Avenue completed?

Yes. Park Avenue is recorded as completed in the Dubai Land Department project register.

Who is the developer of Park Avenue?

Park Avenue is developed by MADISON HOLDING FZCO, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Park Avenue?

Park Avenue yields 9.0% gross, calculated from current PIX© rent against current PIX© sale price, across 892 registered Ejari contracts.

How many units are in Park Avenue?

Park Avenue holds 109 registered units, per the Dubai Land Department unit register.

Have prices in Park Avenue gone up or down?

Price per sqft has risen +1.0% over the last 12 months, to AED 939, across 213 registered sales.