What is the rental yield in Park Central?

Park Central returns 8.85% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 38 rental contracts registered in the last 24 months.

How much does a studio in Park Central cost?

The median registered sale price is AED 600,000 (1,355 AED/sqft), from 21 Dubai Land Department sales in the last 24 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 1,433 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Park Central risen or fallen?

Median price per square foot moved +6.8% over the last 12 months against the 12 before it, on 21 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Park Central compare with Business Bay?

Its 8.85% gross yield sits +1.2 pts against the Business Bay median of 7.62%, computed at the same bedroom grain over the same 24-month window.

Park Central — sale prices & yield

Buy: 600,000AED; AED 1,433/sqft
Long-let: 8.85%; AED 57,500/yr
Short-let: 14.04%; AED 372/night · 0.84/sqft

Price per sqft: Median of 7 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread: +1.2 pts; vs the Business Bay median for this unit type
Turnover upside: +7.5%; new tenants pay more than sitting ones — 20 renewals
AED/yr/sqft: AED 128
Sales: 21
Rental contracts: 38
Renewal rent: AED 53,500/yr

12 months: +6.8%

Based on 21 sales and 38 rental contracts in the last 24 months.

Park Central is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 306 registered sales in all — the 21 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Park Central, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 600,000	1355	8.85% +1.2 pts	+6.8%	21
1 bed	AED 800,000	1152	8.62% +1.5 pts	+13.0%	17
2 bed	AED 1.34M	1137	7.41% +0.8 pts	+6.1%	16

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Park Central

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

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	372	0.84	AED 84,238	AED 57,500	1.5×	14.04%	3+
1 bed	487	0.70	AED 108,518	AED 75,000	1.4×	13.56%	2+
2 bed500m	815	0.69	AED 181,237	AED 100,000	1.8×	13.55%	5+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Park Central itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Park Central between 2012 and 2013 went for a median of AED 1,204/sqft (AED 875,000). The same building resells today at AED 1,183/sqft (AED 795,000) — an uplift of -9.1%.

Based on 118 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

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

Sales

Date	Type	Sqft	Price	AED/sqft
13 Jul 2026	2 bed	1,158	AED 1,350,000	1,166
29 Jun 2026	2 bed	1,030	AED 1,175,000	1,141
23 Jun 2026	Studio	450	AED 585,000	1,300

3 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
1 Sept 2026	2 bed	1,030	AED 90,000	87	New
1 Sept 2026	Studio	448	AED 55,000	123	Renewal
1 Aug 2026	2 bed	1,001	AED 90,000	90	Renewal
20 Jul 2026	1 bed	702	AED 63,250	90	Renewal
15 Jul 2026	2 bed	1,001	AED 85,000	85	New
1 Jul 2026	2 bed	1,324	AED 98,000	74	New
1 Jul 2026	2 bed	1,074	AED 105,000	98	Renewal
1 Jul 2026	Studio	443	AED 55,000	124	Renewal
18 Jun 2026	2 bed	1,093	AED 80,000	73	Renewal
15 Jun 2026	1 bed	843	AED 84,996	101	Renewal
10 Jun 2026	2 bed	1,296	AED 110,000	85	Renewal
1 Jun 2026	1 bed	686	AED 75,000	109	New

12 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 15
Flats: 137

Nearby

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

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Highest rental yields in Business Bay · Park Central places 53rd of 84

Common questions

What is the rental yield in Park Central?: Park Central returns 8.85% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 38 rental contracts registered in the last 24 months.
How much does a studio in Park Central cost?: The median registered sale price is AED 600,000 (1,355 AED/sqft), from 21 Dubai Land Department sales in the last 24 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 1,433 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Park Central risen or fallen?: Median price per square foot moved +6.8% over the last 12 months against the 12 before it, on 21 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Park Central compare with Business Bay?: Its 8.85% gross yield sits +1.2 pts against the Business Bay median of 7.62%, computed at the same bedroom grain over the same 24-month window.

Park Central