What is the registered annual rent for a 1 bedroom in Park Central?

The median new annual rent is AED 72,000, from 17 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Park Central risen or fallen?

The median new annual rent changed -3.7% in the trailing 12 months against the previous 12, using 17 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Park Central pay more than sitting ones?

A new tenant pays -6.5% against a renewing one, across 9 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Park Central?

4 sales were registered with the Dubai Land Department in the last 12 months, alongside 17 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Park Central?

Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Ejari leases to 12 Oct 2026

Park Central rents

38 new leases and 25 renewals in 12 months
137 units
Business Bay
near Business Bay Metro Station

A one-bed here leases for about AED 72,000 a year, 25% below the typical Business Bay one-bed. Renewing tenants pay more than new ones: AED 77,000.

1 bed · typical new lease

72,000AEDa year

AED 104/sqft · -3.7% on a year

A month, roughly: AED 6,000
Renewal: AED 77,000
vs Business Bay 1 bed: 25% below the median
New leases, 12 months: 17

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Buying instead? Park Central sale prices →

What should a lease in Park Central cost?A one-bed leases for about AED 72,000 a year; renewing tenants pay 6.9% more than new ones

Type	New lease	vs Business Bay	Leases
Studio	60,000143/sqft	52,0009 renewals	13% lesstypical 69,000	13
1 bedmost leased	72,000104/sqft	77,0009 renewals	25% lesstypical 96,500	17
2 bed	99,00089/sqft	100,0007 renewals	29% lesstypical 140,000	8

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs 3.7% less than a year earlier: AED 72,000 against 74,792.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
12 Oct 2026	1 bed	683	AED 66,000	97	New
5 Oct 2026	1 bed	686	AED 74,000	108	New
5 Oct 2026	Studio	384	AED 50,000	130	New
1 Oct 2026	2 bed	1,059	AED 100,000	94	Renewal
30 Sept 2026	1 bed	668	AED 55,000	82	New
26 Sept 2026	Studio	335	AED 52,800	157	New
25 Sept 2026	Studio	450	AED 52,000	116	Renewal
20 Sept 2026	Studio	445	AED 60,000	135	New
16 Sept 2026	1 bed	843	AED 68,000	81	New
8 Sept 2026	1 bed	641	AED 72,000	112	New

Showing the 60 most recent of 63 contracts starting on or after 12 Oct 2025.

About Park CentralA 15-floor tower in Business Bay, a 9-minute drive from DIFC

Park Central is an apartment building completed in 2013 in Business Bay with 137 registered units. 63 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 24.47/sqft a year
Floors: 15

Drive times · typical

Downtown: 11 min · 6.2 km
DXB Airport: 16 min · 18 km
DIFC: 9 min · 9.6 km
Dubai Marina: 17 min · 20 km
Palm Jumeirah: 23 min · 24 km

Nearest, as registered

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Letting a unit in Park Central?46% of units here signed a yearly lease in 12 months, above the Business Bay median

Units on a yearly lease: 46%Fair; Business Bay median 41%; top tenth from 69%
Short-let instead, one-bed: AED 487; a night on Airbnb; nets 1.3× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Park Central sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Park Central places 52nd of 100; the nearest 8 are shown.

Highest rental yields in Business Bay →

Rank	Building	Median rent	12-month change	Contracts
48	Bays Edge	AED 76,500	112+3.9%	-23.5%	48
49	The Cosmopolitan	AED 66,000	112+3.4%	-12.0%	145
50	Majestine	AED 70,000	112+3.0%	0.0%	225
51	Sol Bay	AED 90,000	111+2.2%	0.0%	94
52	Park Central · this building	AED 71,380	108	-4.8%	38
53	West Wharf	AED 82,000	107-0.9%	+2.5%	25
54	Water'S Edge	AED 76,500	107-1.0%	-15.0%	62
55	Executive Bay-A	AED 76,000	107-1.0%	+2.7%	67
56	Bay Square - 01	AED 90,000	106-2.0%	-9.1%	98

Rank 1 is the dearest per square foot. Differences are against Park Central.

At 1 bed, Park Central ranks 50th of 91 by rent per square foot and 2nd of 76 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted

Find service-charge budget evidence for Park Central

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Business Bay

Every building in Business Bay →

Prices per sq ft around Park Central, on the map

Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Park Central is the inverted pinOpen in Apple Maps

Peninsula Three

Business Bay · 441 contracts, 12 months

100,000

AED a year median · 162/sqft

Prive by DAMAC (A)

Business Bay · 438 contracts, 12 months

75,000

AED a year median · 147/sqft

Prive by DAMAC (B)

Business Bay · 438 contracts, 12 months

75,000

AED a year median · 147/sqft

Amna Tower

Business Bay · 406 contracts, 12 months

135,000

AED a year median · 106/sqft

Ask about Park Central

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Common questions

What is the registered annual rent for a 1 bedroom in Park Central?: The median new annual rent is AED 72,000, from 17 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Park Central risen or fallen?: The median new annual rent changed -3.7% in the trailing 12 months against the previous 12, using 17 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Park Central pay more than sitting ones?: A new tenant pays -6.5% against a renewing one, across 9 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Park Central?: 4 sales were registered with the Dubai Land Department in the last 12 months, alongside 17 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Park Central?: Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Park Central rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 8 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record: /rent/apartments/dubai/business-bay/park-central
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Park Central rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/park-central

Stable dataJSON