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Park Lane

A studio in Park Lane costs a median AED 225,965 — from 11 sales and 0 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
5 in 12 months
Rental contracts · Studio
0 in 12 months
Buy
225,965AED
AED 1,147/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent February 2026.

AED/yr/sqft
Sales
11
Rental contracts
0
Short-let listings seen
12 months
+85.0%
3 years
-26.3%-9.7%/yr
5 years
-11.5%-2.4%/yr

Based on 11 sales and 0 rental contracts in the last 24 months.

Park Lane is an apartment building in Business Bay, Dubai, one of the towers in the Park Lane Tower development. 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, 482 registered sales in all — the 11 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 225,965620+85.0%11

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.

Off-plan vs resale

Units sold off-plan in Park Lane between 2014 and 2016 went for a median of AED 2,100/sqft (AED 738,514). The same building resells today at AED 620/sqft (AED 225,965) — an uplift of -69.4%.

Based on 157 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.

5 resales in the last 12 months, against 7 a year on average over 2023–2025.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

Nothing registered in the last 3 months. Try a wider window.

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
28
Lifts
9
Parking bays
707
Swimming pools
1

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.

Common questions

How much does a studio in Park Lane cost?
The median registered sale price is AED 225,965 (620 AED/sqft), from 11 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Park Lane selling for right now?
Registered sales of ready units in Park Lane over the last 12 months have a median of 1,147 AED/sqft, across 5 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 Lane risen or fallen?
Median price per square foot moved +85.0% over the last 12 months against the 12 before it, on 11 registered sales. On a sample this size, read the direction rather than the exact figure.
Did off-plan buyers in Park Lane make money?
Units bought off-plan between 2014 and 2016 later resold -69.4% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.
How many apartments change hands in Park Lane?
11 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Park Lane sale record

Record type
Building-level property market record
Data date
Evidence base
11 registered sales in the trailing 24 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
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Park Lane sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/park-lane.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.