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Ejari leases to 12 Oct 2026

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
Buying instead? Park Terrace sale prices →

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

TypeNew leaseRenewalvs Dubai Silicon OasisLeases
Studio45,50098/sqft—8% moretypical 42,0004
1 bedmost leased60,00066/sqft55,00016 renewals3% moretypical 58,50018
2 bed90,00062/sqft84,7009 renewals6% moretypical 85,0008

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.

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

Chart data, 1 bed: Nov 2012, AED 31,000; latest, May 2025, AED 65,000; peak, Sep 2024, AED 72,000.

StartTypeSqftAnnual rentAED/sqftContract
31 Aug 20261 bed1,456AED 56,22839Renewal
25 Jul 2026Studio484AED 41,00085Renewal
14 May 20261 bed1,456AED 60,90042Renewal
4 May 20261 bed1,456AED 60,00041Renewal
17 Apr 20261 bed1,456AED 70,00048Renewal
10 Apr 2026Studio484AED 48,00099Renewal
12 Mar 20263 bed2,219AED 115,94852Renewal
4 Feb 2026Studio484AED 41,00085Renewal
6 Jan 20262 bed2,218AED 92,00041Renewal

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.

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 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

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.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
53Binghatti ViewsAED 64,00070+5.7%+2.4%48
54Silicon Star 2AED 62,00070+5.4%-0.6%70
55Sunshine ResidenceAED 45,00068+3.0%—3
56Axis Residences 5AED 50,00067+1.6%0.0%37
57Park Terrace · this buildingAED 61,00066-1.6%30
58Axis Residence 2AED 52,00066-0.3%0.0%99
59Axis Residences 4AED 52,00064-2.8%+2.0%47
60–61Axis Residences One 1, 2one project rent, 2 towersAED 55,00063-5.3%+5.8%97

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for Park Terrace

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 Dubai Silicon Oasis

Prices per sq ft around Park Terrace, on the map
Pills show median annual rent, AED. 61 buildings pinned from Google place records and Apple geocoding · Park Terrace is the inverted pinOpen in Apple Maps

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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.

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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
Method
Definitions and calculations

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