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Park Central

A 2 bed in Park Central costs a median AED 1.34M, rents long-let for AED 99,000/yr (7.4% gross), and returns 11.7% short-term at the assumed 70% occupancy.

Satellite view of Park Central, Business Bay, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

1.34MAED

AED 1,153/sqft · +7.2% on a year

Rent a year
AED 99,000
Yield after service charge
5.3%
vs Business Bay
44% below the median
Cost to buy, all inAED 1.42M
Price
AED 1.34M
DLD fee 4%
AED 53,500
Agent 2% + VAT
AED 28,088
Trustee
AED 4,200

Fees repaid by net rent15 months

Against this building’s registered sales of the same type.

Ask about Park Central →

Is Park Central a good investment?Prices rising and easy to sell; lots of new supply is coming

  1. Does it pay a good rent?7.4% gross, 5.3% after the service charge (Dubai median 6.8%)7.4%Fair
  2. Is it easy to let?46% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%46%Fair
    Business Bay median 41% · top tenth from 69%Park Central · 46%

    Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Park Central is at 46%.

  3. Are rents going up?New 2 bed leases: AED 102,000 a year ago, AED 99,000 now-2.9%Fair
  4. Are prices going up?2 bed: AED 1,075/sqft a year ago, 1,153 now+7.2%Strength
  5. How fast do fees pay back?AED 85,788 in fees to buy a 2 bed; net rent covers it in 1.2 years1.2 yrsFair
  6. Can I sell easily?19 sales in 12 months, 14% of the tower (34 the year before)19Strength
  7. Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
  8. Did earlier buyers gain?Up 75% for buyers 5 years ago; up 7% for launch buyers, before fees+74.7%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Park Central prices and rents by unit typeA two-bed costs about AED 1.34M and rents for about AED 99,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio46 units · 443 sqftAED 650,0001,421/sqftlaunch 1,253 +13.4%9.2%+2.4 ptsAED 60,00013 contracts+5.9%5
1 bed52 units · 686 sqftAED 879,4021,289/sqft8.2%+1.6 ptsAED 72,00017 contractsunder 5 sales in a year4
2 bed39 units · 1,094 sqftAED 1.34M1,153/sqftlaunch 1,077 +7.1%7.4%+1.1 ptsAED 99,0008 contracts+7.2%10
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Business Bay · area median AED 2,061/sqft

3 years
+24.3% · +7.5%/yr
vs area median
-44.1%
Rank by price per sqft
100th of 102

Rental income

2 bed · Business Bay

Median new rent
AED 99,000/yr
Yield vs area median
+1.1 pts
Yield vs Dubai (6.8%)
+0.6 pts
Yield rank
8th of 51
Renewal rent
AED 100,000/yr

Short-term income

2 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 815
Net revenue
AED 156,396/yr
vs long-let rent
1.6×
Listings seen
5+

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)

Median price paid, 2 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 2 bed: Aug 2012, AED 1,708,750; latest, Oct 2026, AED 1,400,000; peak, Nov 2013, AED 1,803,750. Rent on new leases: Mar 2014, AED 117,500 a year; latest, Sep 2026, AED 90,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,239 · before fees

Launch, 2012–13
1,161
+7%
5 years ago
709
+75%
3 years ago
1,148
+8%
Previous 12 months
1,142
+8%
Last 12 months
1,239
today

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.

19 resales in the last 12 months, against 25 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
9 Oct 20262 bed1,146AED 1,400,0001,222
13 Jul 20262 bed1,158AED 1,350,0001,166
29 Jun 20262 bed1,030AED 1,175,0001,141
23 Jun 2026Studio450AED 585,0001,300
21 May 20261 bed844AED 888,8031,053
18 May 2026Studio443AED 595,0001,344
27 Mar 20262 bed1,296AED 1,555,0001,200
17 Mar 20262 bed1,032AED 1,280,0001,240
17 Mar 20261 bed702AED 870,0001,239
9 Mar 20262 bed1,324AED 1,500,0001,133

19 resales in the last 12 months.

Short-term rates around Park Central

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio500 m cluster · 3+ listings seen3720.81/sqftAED 72,531AED 60,0001.2×11.2%
1 bed2+ listings seen4870.71/sqftAED 93,703AED 72,0001.3×10.7%
2 bed500 m cluster · 5+ listings seen8150.70/sqftAED 156,396AED 99,0001.6×11.7%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Park Central places 146th of 150; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
142The Scala TowerCompleted 2010 · off-plan 1,318/sqftAED 1.21M1,295+4.6%7.0%+1.5%18
143Clayton ResidencyCompleted 2011 · off-plan 1,365/sqftAED 1.03M1,282+3.5%7.3%-7.6%10
144Ontario TowerCompleted 2010 · off-plan 1,080/sqftAED 1.07M1,277+3.1%7.3%+6.7%32
145Capital Bay BCompleted 2014 · off-plan 1,695/sqftAED 740,0001,273+2.8%8.1%+6.2%25
146Park Central · this buildingCompleted 2013 · off-plan 1,222/sqftAED 1.10M1,2396.5%+8.5%19
147Bay Square - 13Completed 2014AED 1.92M1,238-0.1%4.7%—3
148U-Bora Tower 1Completed 2011 · off-plan 1,340/sqftAED 1.25M1,228-0.9%7.2%+2.0%16
149Bay Square - 08Completed 2014AED 1.48M1,190-3.9%6.1%—7
150Park LaneCompleted 2016 · off-plan 2,100/sqftAED 352,5001,186-4.3%——4

Rank 1 is the dearest per square foot. Differences are against Park Central (AED 1,239/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Park Central has registered sale prices 44% below the Business Bay median price per square foot of 2,061 AED, across 102 eligible buildings. It ranks 100th of 102 by price per square foot and 8th of 51 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.

About Park Central

Park Central is an apartment building completed in 2013 in Business Bay with 137 registered units. 154 sales are registered with the Dubai Land Department.

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

The building, as registered

Service charge
AED 24.47/sqft a year · 2026 budget
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

Park Central: AED 1,239 per sq ft, 39% below the median Business Bay building, and a 6.5% 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

  1. Park CentralAED 1,239
  2. Business Bay, readyAED 1,869
  3. Business Bay, off-planAED 2,685
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Park CentralBusiness Bay median building

  1. Business Bay6.5% vs 6.6%
Line: the 10th to 90th percentile of 87 buildings in Business Bay. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Business Bay, by handover quarter

Prices per sq ft around Park Central, on the map
Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Park Central is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Park Central’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More 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
5,947AED
4.5% over 25 years
Monthly rent
8,250AED
AED 99,000 a year
Cash needed at purchase
369,663AED
20% down plus AED 102,163 in fees

Owning costs AED 378,532 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Park Central

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Common questions

What is the rental yield in Park Central?
Park Central returns 7.4% gross: a median new-contract rent of AED 99,000 a year (8 Ejari contracts in 12 months) over a price benchmark of AED 1.34M (median of 10 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 2 bedroom in Park Central cost?
The median registered sale price is AED 1.34M (1,153 AED/sqft), from 10 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Park Central selling for right now?
Registered sales of ready units in Park Central over the last 12 months have a median of 1,153 AED/sqft, across 10 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 Park Central risen or fallen?
Median price per square foot moved +7.2% over the last 12 months against the 12 before it, on 10 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Park Central compare with Business Bay?
Its 7.4% gross yield sits +1.1 pts against the Business Bay median of 6.3%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Park Central sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
10 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/business-bay/park-central
Method
Definitions and calculations

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

Stable dataJSON