What is the rental yield in Central Park - Building 1?

Central Park - Building 1 returns 6.23% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 50 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Central Park - Building 1 cost?

The median registered sale price is AED 2.60M (2,743 AED/sqft), from 24 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Central Park - Building 1 selling for right now?

Registered sales of ready units in Central Park - Building 1 over the last 12 months have a median of 2,728 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 Central Park - Building 1 risen or fallen?

Median price per square foot moved -1.1% over the last 12 months against the 12 before it, on 24 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Central Park - Building 1 compare with City Walk?

Its 6.23% gross yield sits +0.3 pts against the City Walk median of 5.98%, computed at the same bedroom grain over the same 24-month window.

Central Park - Building 1 — sale prices & yield

Buy: 2.60MAED; AED 2,728/sqft
Long-let: 6.23%; AED 162,059/yr
Short-let: 8.34%; AED 944/night · 1.00/sqft

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

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

Yield spread: +0.3 pts; vs the City Walk median for this unit type
AED/yr/sqft: AED 166
Sales: 24
Rental contracts: 50
Renewal rent: AED 160,000/yr

12 months: -1.1%
3 years: +46.6%+13.6%/yr
5 years: +76.5%+12.0%/yr

Based on 24 sales and 50 rental contracts in the last 24 months. Rental data covers the whole Central Park at City Walk -Building 1 project, not this tower alone.

Central Park - Building 1 is an apartment building in City Walk, Dubai, one of the towers in the Central Park at City Walk -Building 1 development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2019 to 2026, 610 registered sales in all — the 24 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Central Park - Building 1, 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
1 bed	AED 2.60M	2743	6.23% +0.3 pts	-1.1%	24
2 bed	AED 4.15M	2616	6.02% +0.7 pts	+13.8%	23
3 bed	AED 6.50M	2696	5.43% -0.1 pts	+20.9%	9
4+ bed	AED 13.50M	3311	—	—	1

Deltas compare each yield with the City Walk 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 Central Park - Building 1

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
1 bed500m	944	1.00	AED 216,902	AED 162,059	1.3×	8.34%	15+
2 bed	1,218	0.77	AED 273,797	AED 250,000	1.1×	6.60%	1+
3 bed500m	1,560	0.65	AED 344,481	AED 380,000	0.9×	5.30%	4+

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 Central Park - Building 1 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Central Park - Building 1 between 2019 and 2024 went for a median of AED 1,671/sqft (AED 2.43M). The same building resells today at AED 2,720/sqft (AED 3.65M) — an uplift of +53.8%.

Based on 250 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.

12 resales in the last 12 months, against 37 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
24 Jul 2026	1 bed	953	AED 2,600,000	2,728
10 Jun 2026	2 bed	1,477	AED 3,735,000	2,528

2 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

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: 11
Lifts: 5
Parking bays: 250
Swimming pools: 1

Nearby

Metro: Burj Khalifa / Dubai Mall Metro Station
Mall: Dubai Mall
Landmark: Burj Khalifa

Compare with nearby buildings

The most-traded buildings in City Walk, on the same figures over the same window.

Highest rental yields in City Walk · Central Park - Building 1 places 5th of 22

Common questions

What is the rental yield in Central Park - Building 1?: Central Park - Building 1 returns 6.23% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 50 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Central Park - Building 1 cost?: The median registered sale price is AED 2.60M (2,743 AED/sqft), from 24 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Central Park - Building 1 selling for right now?: Registered sales of ready units in Central Park - Building 1 over the last 12 months have a median of 2,728 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 Central Park - Building 1 risen or fallen?: Median price per square foot moved -1.1% over the last 12 months against the 12 before it, on 24 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Central Park - Building 1 compare with City Walk?: Its 6.23% gross yield sits +0.3 pts against the City Walk median of 5.98%, computed at the same bedroom grain over the same 24-month window.

Central Park - Building 1