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Project · #2795 by 12M value

Park Central

Business Bay · Damac Properties

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
2

Market bulletin · Thu, 22 Oct 2026

Park Central: 2 sales worth AED 3.08M in 30 days

Park Central recorded 2 sales worth AED 3.08M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 1.68M), against 1 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Business Bay, Park Central ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.

Leases registered in the last three months had a median annual rent of AED 68K. The best gross yield is on 2 BR apartments at about 7.6%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25AED 1,349
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25AED 1,103
Feb 25—
Jan 25—
Dec 24—
Nov 24AED 1,068

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26002
Sept 26000
Aug 26000
Jul 26001
Jun 26000
May 26001
Apr 26000
Mar 26001
Feb 26003
Jan 26000
Dec 25004
Nov 25000

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month2—AED 3.08M——
Last 3 months2unchanged 0.0%AED 3.08M——
Last 6 months4down 50.0%AED 5.03M——
Last 12 months13down 71.7%AED 14.4M1,324up 23.5%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)13100%AED 1.28M1,324up 23.5%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio431%———
1 bedroom215%———
2 bedrooms754%AED 1.35M1,133up 17.7%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M13100%AED 1.28M1,324up 23.5%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25AED 62K
Nov 25AED 58K
Oct 25—
Sept 25AED 70K
Aug 25AED 65K
Jul 25—
Jun 25—
May 25AED 85K
Apr 25—
Mar 25—
Feb 25—
Jan 25—
Dec 24AED 78K
Nov 24—
Leases (12M)
87
New leases
52.9%
Median rent 3M
AED 68K
Rent/sqft 3M
AED 111
Gross yield
2 BR apartmentsAED 103K / AED 1.35M7.6%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
Studio33AED 55KAED 60K134
1 BR23AED 71KAED 72K101
2 BR14AED 103K—92

Competing projects in Business Bay

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Bugatti ResidencesBinghatti265,436—
DWTN Residences - Downtown ResidencesDeyaar Development2942,773—
Al Habtoor TowerAl Habtoor Group1772,661—
One by BinghattiBinghatti1722,205up 2.7%
Tiger Sky TowerTiger Properties - Tiger Real Estate1562,350—
Volante 2Xtreme Vision123,491—
Burj Binghatti by Jacob & CoBinghatti273,523—
Avarra - Business Bay Palace ResidencesEmaar Properties593,460—
One River PointEllington Properties Development792,714—
Bayz 102 By DanubeDanube Properties932,955—

Biggest sales, last 3 months

Biggest sales in Park Central
PricePropertyDate
AED 1.68M1 BR Apartment · 641 sqftPark Central · Business Bay16 Oct
AED 1.40M2 BR Apartment · 1,146 sqftPark Central · Business Bay9 Oct

Questions about Park Central

How many properties were sold in Park Central in the last year?

13 sales worth AED 14.4M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in Park Central?

The median annual rent on leases registered in the last three months was AED 68K, and the best gross rental yield is about 7.6%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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