Unit 408, Park Central: what it sold for and what it is worth now

Unit 408 at Park Central is a studio of 450 sq ft. It last sold for AED 600,000 on 23 Feb 2023. At AED 1,376 per sq ft, from 6 sales of units ending 08 (same position in the tower), it is worth about AED 619,000 today.

Value todayAED 619,000AED 602,000 to AED 641,000
Last saleAED 600,00023 Feb 2023 · Resale
Change since last sale+3.2%Building trend alone: AED 743,704
Rent (median asking, studio)AED 52,000Gross yield 8.4%
Bedroomsstudio
Size450 sq ft
Floor4 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingPark Central by DAMAC Properties, handed over 2013
Registered sales of this unit1

Every registered sale of unit 408

DatePriceSizeAED/sq ftType
23 Feb 2023AED 600,000450 sq ft1,333Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
5082 Feb 2026AED 650,000454 sq ft1,432Resale
60824 Oct 2025AED 660,000454 sq ft1,454Resale
160822 Aug 2025AED 615,000438 sq ft1,404Resale
8085 Aug 2025AED 600,000445 sq ft1,348Resale
120820 Dec 2024AED 590,000442 sq ft1,335Resale
80830 Oct 2024AED 418,200445 sq ft940Resale
14083 Sep 2024AED 650,000442 sq ft1,471Resale
100818 Jul 2024AED 610,000442 sq ft1,380Resale

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 6 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,376). We multiplied it by the size of this unit (450 sq ft). The range uses the middle half of those sales (AED 1,338 to AED 1,425 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 743,704. 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 408 at Park Central worth?

About AED 619,000 (range AED 602,000 to AED 641,000), based on AED 1,376 per sq ft from registered sales up to 9 Oct 2026.

When did unit 408 last sell?

23 Feb 2023, for AED 600,000 (resale). It has 1 registered sale.

What rent can unit 408 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 405 · Unit 508