Market bulletin · Thu, 22 Oct 2026
Park Tower 1: 3 sales worth AED 6.80M in 30 days
Park Tower 1 recorded 3 sales worth AED 6.80M in the 30 days to Thu, 22 Oct 2026. Over the last week 3 sales were registered (AED 6.80M), against 0 the week before.
The median sale over the last three months was AED 2.25M, or AED 1,680/sqft.
By market over 12 months: secondary (ready) sales 100%.
In DIFC, Park Tower 1 ranked #10 of 11 leading projects by 12-month sales value; it is developed by Damac Properties. Its first registered sale was on 28 April 2025.
Leases registered in the last three months had a median annual rent of AED 100K. The best gross yield is on 1 BR apartments at about 6.7%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/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 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 3 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 2 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 4 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 3 | — | AED 6.80M | — | — |
| Last 3 months | 5 | up 150.0% | AED 10.6M | 1,680 | — |
| Last 6 months | 7 | down 46.2% | AED 15.0M | 1,680 | down 0.9% |
| Last 12 months | 20 | up 81.8% | AED 39.9M | 1,684 | up 3.8% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 20 | 100% | AED 1.96M | 1,684 | up 3.8% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 8 | 40% | AED 1.64M | 1,693 | — |
| 2 bedrooms | 11 | 55% | AED 2.30M | 1,688 | up 0.4% |
| 3 bedrooms | 1 | 5% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 10 | 50% | AED 1.61M | 1,665 | — |
| AED 2M–10M | 10 | 50% | AED 2.30M | 1,691 | up 2.8% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 120K |
| Sept 26 | AED 110K |
| Aug 26 | AED 95K |
| Jul 26 | — |
| Jun 26 | AED 120K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | AED 118K |
| Feb 26 | — |
| Jan 26 | AED 110K |
| Dec 25 | AED 112K |
| Nov 25 | AED 123K |
| Oct 25 | AED 110K |
| Sept 25 | AED 115K |
| Aug 25 | AED 110K |
| Jul 25 | — |
| Jun 25 | AED 110K |
| May 25 | — |
- Leases (12M)
- 145
- New leases
- 100%
- Median rent 3M
- AED 100K
- Rent/sqft 3M
- AED 100
| 1 BR apartments | AED 110K / AED 1.64M | 6.7% |
|---|---|---|
| 2 BR apartments | AED 135K / AED 2.30M | 5.9% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 10 | AED 70K | AED 70K | 163 |
| 1 BR | 72 | AED 110K | AED 110K | 114 |
| 2 BR | 23 | AED 135K | AED 135K | 95 |
Competing projects in DIFC
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Eden House DIFCH&H Investment and Development | 55 | 4,328 | — |
| Four Seasons Private Residences DIFCH&H Investment and Development | 12 | 6,543 | — |
| Burj Daman (Buildings By Daman)Daman Real Estate Capital Partners | 26 | 2,936 | — |
| DIFC Heights TowerDubai International Financial Centre | 22 | 4,274 | — |
| SkygardensAl Mazaya Real Estate Development | 59 | 2,129 | — |
| Ritz Carlton and Limestone HouseUnion Properties | 25 | 2,447 | — |
| Index Tower (One Central Park)Union Properties | 20 | 2,824 | — |
| Central Park Residential Tower (Arady Tower)Arady Developments | 17 | 2,231 | — |
| DIFC Living and Innovation TwoDubai International Financial Centre | 12 | 3,838 | — |
| Park Tower 2Damac Properties | 17 | 1,643 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.30M | 2 BR Apartment · 1,363 sqftPark Tower 1 · DIFC | 27 Jul |
| AED 2.30M | 2 BR Apartment · 1,341 sqftPark Tower 1 · DIFC | 19 Oct |
| AED 2.25M | 2 BR Apartment · 1,340 sqftPark Tower 1 · DIFC | 20 Oct |
| AED 2.25M | 2 BR Apartment · 1,340 sqftPark Tower 1 · DIFC | 21 Oct |
| AED 1.48M | 1 BR Apartment · 986 sqftPark Tower 1 · DIFC | 27 Jul |
Questions about Park Tower 1
What is the average price per sqft in Park Tower 1?
The median sale price in Park Tower 1 over the last three months was AED 1,680 per sqft (median sale AED 2.25M), based on 5 sales registered with Dubai Land Department.
How many properties were sold in Park Tower 1 in the last year?
20 sales worth AED 39.9M 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 Tower 1?
The median annual rent on leases registered in the last three months was AED 100K, and the best gross rental yield is about 6.7%.
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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