Park Terrace rents
- 30 new leases and 31 renewals in 12 months
- 96 units
- Dubai Silicon Oasis
A one-bed here leases for about AED 60,000 a year, 3% above the typical Dubai Silicon Oasis one-bed. New tenants pay more than renewing ones, who pay AED 55,000.
1 bed · typical new lease
60,000AEDa year
AED 66/sqft · -1.6% on a year
- A month, roughly
- AED 5,000
- Renewal
- AED 55,000
- vs Dubai Silicon Oasis 1 bed
- 3% above the median
- New leases, 12 months
- 18
What should a lease in Park Terrace cost?A one-bed leases for about AED 60,000 a year; new tenants pay 9.1% more than renewing ones
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 Dubai Silicon Oasis median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 1.6% less than a year earlier: AED 60,000 against 61,000.
Chart data, 1 bed: Nov 2012, AED 31,000; latest, May 2025, AED 65,000; peak, Sep 2024, AED 72,000.
9 contracts starting on or after 12 Oct 2025.
About Park TerraceA 19-floor tower in Dubai Silicon Oasis, an 18-minute drive from DIFC
Park Terrace is an apartment building completed in 2010 in Dubai Silicon Oasis. 61 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Service charge
- Paid by the landlord · AED 13.92/sqft a year
- Floors
- 19
- Lifts
- 2
- Parking bays
- 118
Drive times · typical
- Downtown
- 22 min · 19 km
- DXB Airport
- 20 min · 22 km
- DIFC
- 18 min · 21 km
- Dubai Marina
- 28 min · 34 km
- Palm Jumeirah
- 34 min · 39 km
Nearest, as registered
- Landmark
- IMG World Adventures
Letting a unit in Park Terrace?New tenants pay more than renewing ones
- New tenant vs renewal
- +8.5%
- New leases AED 61,000, renewals 56,228, all types
Ejari leases to 12 Oct 2026
Thinking of selling? Park Terrace sale prices →Comparables in Dubai Silicon Oasis
Every Dubai Silicon Oasis building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Park Terrace places 57th of 65; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Park Terrace.
At 1 bed, Park Terrace ranks 51st of 60 by rent per square foot and 26th of 48 by gross yield in Dubai Silicon Oasis.
Market context in Dubai Silicon Oasis
Registered sales activity
1,110 ready apartment sales in the 12 months to 2026-10-12.
+11.5% in median AED/sqft versus the preceding year, supported by 1,110 current and 1,365 prior price observations.
Explore sales activityPlanned apartment projects
238 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.
2 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,069 apartments are planned in Dubai Silicon Oasis from 2026 to 2028, equal to 20% of the 15,328 homes let there today.
Ready prices per sqft fell in 7% of 55 buildings (counted once per bedroom type) in Dubai Silicon Oasis with sales in both years; the typical one moved +8.7%.
New-lease rents fell in 24% of 76 buildings (counted once per bedroom type) with leases in both years; the typical one moved +0.9%.
How these are countedDirect 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 Dubai Silicon Oasis
Prices per sq ft around Park Terrace, on the mapPrices per sq ft around Park Terrace, on the map
Silicon Gates 1
Dubai Silicon Oasis · 375 contracts, 12 months
51,000
AED a year median · 83/sqft
Arabian Gate
Dubai Silicon Oasis · 218 contracts, 12 months
52,500
AED a year median · 89/sqft
Palace Tower T2
Dubai Silicon Oasis · 144 contracts, 12 months
42,500
AED a year median · 87/sqft
Binghatti Stars
Dubai Silicon Oasis · 121 contracts, 12 months
50,000
AED a year median · 87/sqft
Ask about Park Terrace
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Common questions
- What is the registered annual rent for a 1 bedroom in Park Terrace?
- The median new annual rent is AED 60,000, from 18 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Park Terrace risen or fallen?
- The median new annual rent changed -1.6% in the trailing 12 months against the previous 12, using 18 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 Terrace pay more than sitting ones?
- A new tenant pays +9.1% against a renewing one, across 16 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 Terrace?
- 3 sales were registered with the Dubai Land Department in the last 12 months, alongside 18 Ejari rental contracts. Every median on this page rests on those counts.
- What is the rental yield in Park Terrace?
- Park Terrace returns 8.2% gross: a median new-contract rent of AED 60,000 a year (18 Ejari contracts in 12 months) over a price benchmark of AED 730,000 (median of 3 sales in the last 12 months, latest May 2026), before service charge, agency fees or vacant months.
For agents
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Park Terrace rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- 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
- Canonical record
- /rent/apartments/dubai/dubai-silicon-oasis/park-terrace
Cite as: Dubai Wealth Index. “Park Terrace rents and yield.” Dubai Silicon Oasis, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-silicon-oasis/park-terrace
Stable dataJSON