The First Central
- Completed 2011
- 1 units
- 31 floors
A studio in The First Central costs a median AED 799,000 and rents long-let for AED 43,852/yr (5.5% gross).
Studio · typical price
799,000AED
AED 2,234/sqft · -13.3% on a year
- Rent a year
- AED 43,852
- Gross yield
- 5.5%
- vs Barsha Heights
- 0% above the median
Cost to buy, all inAED 851,939
- Price
- AED 799,000
- DLD fee 4%
- AED 31,960
- Agent 2% + VAT
- AED 16,779
- Trustee
- AED 4,200
Fees repaid by rent14 months
Is The First Central a good investment?Easy to let, easy to sell and little new supply nearby; the rent pays below the Dubai median and prices are slipping; no record of the rent trend
- Does it pay a good rent?5.5% gross, before the service charge (not on file) (Dubai median 6.8%)5.5%Watch
- Is it easy to let?12 yearly leases, new and renewed, across 1 units in 12 months100%Strength
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?Studio: AED 2,576/sqft a year ago, 2,234 now-13.3%Watch
- How fast do fees pay back?AED 52,939 in fees to buy a studio; rent covers it in 1.2 years1.2 yrs
- Can I sell easily?20 sales in 12 months, 2000% of the tower (16 the year before)20Strength
- Is a lot being built nearby?752 apartments are planned in Barsha Heights from 2026 to 2028, equal to 13% of the 5,585 homes let there today. Barsha Heights supply by year →14%Strength
- Did earlier buyers gain?Buyers 5 years ago still 5% down; up 15% for launch buyers, before fees-4.7%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
The First Central prices and rents by unit typeA studio costs about AED 799,000 and rents for about AED 43,852 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Barsha Heights · area median AED 2,234/sqft
- 12-month change
- -13.3%
- 3 years
- +6.9% · +2.3%/yr
- 5 years
- -28.1% · -6.4%/yr
- vs area median
- 0.0%
- Off-plan price gain, 2012–2013
- -23.8% · -2.0%/yr
Rental income
Studio · Barsha Heights
- Gross yield
- 5.5%
- Median new rent
- AED 43,852/yr
- Yield vs area median
- +0.0 pts
- Yield vs Dubai (6.8%)
- -1.3 pts
- Renewal rent
- AED 50,400/yr
- New tenants pay vs sitting (6 renewals)
- -13.0%
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, Studio: Sep 2012, AED 955,972; latest, Apr 2026, AED 865,941; peak, Jul 2024, AED 1,800,000. Rent on new leases: Nov 2013, AED 39,000 a year; latest, Oct 2026, AED 43,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,199 · before fees
- Launch, 2012–13
- 1,906
- +15%
- 49 sales
- 5 years ago
- 2,307
- −5%
- 41 sales
- 3 years ago
- 1,810
- +22%
- 14 sales
- Previous 12 months
- 2,448
- −10%
- 16 sales
- Last 12 months
- 2,199
- today
- 20 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
20 resales in the last 12 months, against 14 a year on average over 2023–2025.
20 resales in the last 12 months.
Short-term rates around The First Central
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Barsha Heights
Every Barsha Heights building with a page, ranked by price per sqft over the same 12 months, all unit types. The First Central places 4th of 12; the nearest 7 are shown.
Rank 1 is the dearest per square foot. Differences are against The First Central (AED 2,199/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, The First Central has registered sale prices 0% above the Barsha Heights median price per square foot of 2,234 AED, across 5 eligible buildings.
Market context in Barsha Heights
Registered sales activity
156 ready apartment sales in the 12 months to 2026-10-12.
+19.4% in median AED/sqft versus the preceding year, supported by 156 current and 149 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
752 apartments are planned in Barsha Heights from 2026 to 2028, equal to 13% of the 5,585 homes let there today.
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.
About The First Central
The First Central is an apartment building completed in 2011 in Barsha Heights with 1 registered units. 543 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 31
Drive times · typical
- Downtown
- 21 min · 18 km
- DXB Airport
- 27 min · 33 km
- DIFC
- 17 min · 21 km
- Dubai Marina
- 14 min · 7.8 km
- Palm Jumeirah
- 20 min · 12 km
Nearest, as registered
- Metro
- Dubai Internet City
- Mall
- Mall of the Emirates
- Landmark
- Burj Al Arab
The First Central: AED 2,199 per sq ft, 28% above the median Barsha Heights building, and a 5.0% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- The First CentralAED 2,199
- Barsha Heights, readyAED 1,584
- Barsha Heights, off-planAED 2,612
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The First CentralBarsha Heights median building
- Barsha Heights5.0% vs 5.9%
Nearby in Barsha Heights
Prices per sq ft around The First Central, on the mapPrices per sq ft around The First Central, on the map
Madison Residency
Barsha Heights · 19 sales, 12 months
1.35M
AED, resale median · 1,187/sqft
Franck Muller Vanguard
Barsha Heights · 14 sales, 12 months
1.86M
AED, resale median · 2,535/sqft
Fahad 2
Barsha Heights · 11 sales, 12 months
1.11M
AED, resale median · 928/sqft
Two Towers B
Barsha Heights · 10 sales, 12 months
1.80M
AED, resale median · 1,161/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The First Central’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 3,553AED
- 4.5% over 25 years
- Monthly rent
- 3,654AED
- AED 43,852 a year
- Cash needed at purchase
- 223,729AED
- 20% down plus AED 63,929 in fees
Owning costs AED 142,062 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in The First Central?
- The First Central returns 5.5% gross: a median new-contract rent of AED 43,852 a year (6 Ejari contracts in 12 months) over a price benchmark of AED 799,000 (median of 11 sales in the last 12 months, latest Apr 2026), before service charge, agency fees or vacant months.
- How much does a studio in The First Central cost?
- The median registered sale price is AED 799,000 (2,234 AED/sqft), from 11 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in The First Central selling for right now?
- Registered sales of ready units in The First Central over the last 12 months have a median of 2,234 AED/sqft, across 11 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in The First Central risen or fallen?
- Median price per square foot moved -13.3% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- What is the registered annual rent for a studio in The First Central?
- The median new annual rent is AED 43,852, from 6 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.
For agents
Send this page to a client as a branded report
The First Central sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 11 registered sales 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
- /sale/apartments/dubai/barsha-heights/the-first-central
Cite as: Dubai Wealth Index. “The First Central sale prices and yield.” Barsha Heights, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/barsha-heights/the-first-central
Stable dataJSON