Park Lane
- Completed 2016
- 28 floors
- 9 lifts
- 707 parking bays
- 1 pool
A studio in Park Lane costs a median AED 352,500.
Studio · typical price
352,500AED
AED 1,186/sqft
- vs Business Bay
- 50% below the median
Cost to buy, all inAED 376,103
- Price
- AED 352,500
- DLD fee 4%
- AED 14,100
- Agent 2% + VAT
- AED 7,403
- Trustee
- AED 2,100
Is Park Lane a good investment?Lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- How fast do fees pay back?AED 23,603 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 23,603
- Can I sell easily?4 sales in 12 months (7 the year before)4
- 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
- Did earlier buyers gain?Buyers 5 years ago still 8% down; up 70% for launch buyers, before fees-8.5%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Park Lane prices and rents by unit typeA studio costs about AED 352,500
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Business Bay · area median AED 2,363/sqft
- vs area median
- -49.8%
- Rank by price per sqft
- 79th of 79
- Off-plan price gain, 2014–2016
- -43.5% · -5.1%/yr
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
- Thin sample — 4 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, Studio: Apr 2014, AED 500,000; latest, Feb 2026, AED 520,000; peak, May 2024, AED 1,250,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,186 · before fees
- Launch, 2014–16
- 696
- +70%
- 34 sales
- 5 years ago
- 1,295
- −8%
- 7 sales
- 3 years ago
- 1,556
- −24%
- 9 sales
- Previous 12 months
- 620
- +91%
- 7 sales
- Last 12 months
- 1,186
- today
- 4 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.
4 resales in the last 12 months.
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 Lane places 150th of 150; the nearest 4 are shown.
Rank 1 is the dearest per square foot. Differences are against Park Lane (AED 1,186/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, Park Lane has registered sale prices 50% below the Business Bay median price per square foot of 2,363 AED, across 79 eligible buildings. It ranks 79th of 79 by price per square foot 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 activityPlanned 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 supplySupply 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 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 Park Lane
Park Lane is an apartment building completed in 2016 in Business Bay. 241 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 28
- Lifts
- 9
- Parking bays
- 707
- Pools
- 1
Drive times · typical
- Downtown
- 16 min · 13 km
- DXB Airport
- 18 min · 22 km
- DIFC
- 14 min · 17 km
- Dubai Marina
- 17 min · 18 km
- Palm Jumeirah
- 23 min · 22 km
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Park Lane: AED 1,186 per sq ft, 42% below the median Business Bay 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
- Park LaneAED 1,186
- Business Bay, readyAED 1,869
- Business Bay, off-planAED 2,685
- Dubai, readyAED 1,421
Nearby in Business Bay
Prices per sq ft around Park Lane, on the mapPrices per sq ft around Park Lane, on the map
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Al Habtoor Tower
Business Bay · 205 sales, 12 months
3.44M
AED, resale median · 2,733/sqft
Peninsula Three
Business Bay · 164 sales, 12 months
1.74M
AED, resale median · 2,656/sqft
Regalia By Deyaar
Business Bay · 105 sales, 12 months
1.28M
AED, resale median · 1,782/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 · StudioRead with care
- Rental evidence · StudioRead with care
- 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 Park Lane’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
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Park Lane?
- No gross yield is published for Park Lane as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 4 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.8% gross.
- How much does a studio in Park Lane cost?
- The median registered sale price is AED 352,500 (1,186 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How many apartments change hands in Park Lane?
- 4 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
- Which metro station is closest to Park Lane?
- Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
For agents
Send this page to a client as a branded report
Park Lane sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 4 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/business-bay/park-lane
Cite as: Dubai Wealth Index. “Park Lane sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/park-lane
Stable dataJSON