Unit 405, Park Central: what it sold for and what it is worth now

Unit 405 at Park Central is a studio of 324 sq ft. It last sold for AED 625,000 on 18 Aug 2025. At AED 1,912 per sq ft, from 3 sales of units ending 05 (same position in the tower), it is worth about AED 619,000 today.

Value todayAED 619,000AED 476,000 to AED 622,000
Last saleAED 625,00018 Aug 2025 · Resale
Change since last sale-1.0%Building trend alone: AED 574,475
Rent (median asking, studio)AED 52,000Gross yield 8.4%
Bedroomsstudio
Size324 sq ft
Floor4 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingPark Central by DAMAC Properties, handed over 2013
Registered sales of this unit2

Every registered sale of unit 405

DatePriceSizeAED/sq ftType
18 Aug 2025AED 625,000324 sq ft1,929Resale
20 Aug 2024AED 410,000324 sq ft1,265Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
7051 Oct 2025AED 650,000340 sq ft1,912Resale
80530 Oct 2024AED 342,000334 sq ft1,024Resale
12057 Oct 2024AED 480,000334 sq ft1,437Resale
60512 Sep 2023AED 470,000335 sq ft1,403Resale

Latest studio sales in Park Central

UnitDatePriceSizeAED/sq ftType
130723 Jun 2026AED 585,000450 sq ft1,300Resale
80718 May 2026AED 595,000443 sq ft1,343Resale
5082 Feb 2026AED 650,000454 sq ft1,432Resale
60730 Dec 2025AED 650,000458 sq ft1,419Resale
60824 Oct 2025AED 660,000454 sq ft1,454Resale
16076 Oct 2025AED 600,000377 sq ft1,592Resale
7051 Oct 2025AED 650,000340 sq ft1,912Resale
30725 Aug 2025AED 640,000439 sq ft1,458Resale

How we worked out the value

We took the 3 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,912). We multiplied it by the size of this unit (324 sq ft). The range uses the middle half of those sales (AED 1,468 to AED 1,920 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 574,475. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 405 at Park Central worth?

About AED 619,000 (range AED 476,000 to AED 622,000), based on AED 1,912 per sq ft from registered sales up to 9 Oct 2026.

When did unit 405 last sell?

18 Aug 2025, for AED 625,000 (resale). It has 2 registered sales.

What rent can unit 405 make?

A studio in Park Central rents for about AED 52,000 a year (median asking rent). That is a gross yield of 8.4% on the estimate.

Sales alert for Park CentralAll sales in Park Central

Unit 404 · Unit 408