Central Park - Building 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Meraas
198
Total Units
183
Sold
⃃ 2,554,000
Median Price
⃃ 1,770
Median Price /sqft
Construction progress: 100%
Start: Apr, 2019Completion: Aug, 2024

Central Park - Building 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed69940 sqft - 1,710 sqft⃃ 2.7M (2,860 /sqft)⃃ 3,080 /sqft
-7.3
2 Beds801,460 sqft - 2,290 sqft⃃ 4.3M (2,920 /sqft)⃃ 3,020 /sqft
-3.32
3 Beds272,070 sqft - 4,450 sqft⃃ 7.1M (3,300 /sqft)⃃ 3,550 /sqft
-6.95
4 Beds73,510 sqft - 5,310 sqft⃃ 3,660 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Central Park - Building 1Al Wasl
May 2019—2.7K
Jun 2019—2.9K
Jul 2019—2.3K
Aug 20191.7K2.9K
Sep 20191.6K2.6K
Oct 20191.6K2.9K
Nov 20191.7K2.9K
Dec 20191.7K3.0K
Jan 20201.6K3.0K
Feb 20201.6K1.7K
Mar 2020—1.4K
Apr 20201.6K1.6K
May 20201.5K1.5K
Jun 2020—1.1K
Jul 2020—1.6K
Aug 20201.7K1.7K
Sep 20201.4K2.8K
Oct 2020—3.0K
Nov 2020—1.6K
Dec 20201.6K1.6K
Jan 20211.5K1.5K
Feb 20211.7K1.6K
Mar 20211.6K1.6K
Apr 20211.6K1.7K
May 20211.7K1.7K
Jun 20211.5K1.7K
Jul 20211.4K1.9K
Aug 20211.7K1.7K
Sep 20211.7K1.7K
Oct 20211.6K1.9K
Nov 20211.7K3.1K
Dec 20211.5K3.0K
Jan 2022—3.1K
Feb 2022—1.9K
Mar 2022—1.8K
Apr 20221.5K1.9K
May 2022—2.1K
Jun 20221.2K2.0K
Jul 2022—2.1K
Aug 20221.7K2.4K
Sep 2022—2.1K
Oct 2022—2.2K
Nov 2022—2.1K
Dec 20221.8K2.2K
Jan 20231.7K2.3K
Feb 20231.8K2.3K
Mar 20231.9K2.3K
Apr 20231.6K2.4K
May 20231.7K2.4K
Jun 20231.9K2.2K
Jul 20232.1K2.3K
Aug 20232.0K2.7K
Sep 20232.0K2.7K
Oct 20232.2K2.4K
Nov 20232.3K2.4K
Dec 20232.3K2.2K
Jan 20242.0K3.0K
Feb 20242.3K2.4K
Mar 20242.3K2.3K
Apr 20242.5K2.6K
May 2024—2.7K
Jun 2024—2.7K
Jul 20242.4K2.6K
Aug 20242.4K3.0K
Sep 20242.7K2.9K
Oct 20242.5K2.2K
Nov 20242.5K2.5K
Dec 20242.6K2.6K
Jan 20252.3K2.6K
Feb 20252.5K2.9K
Mar 20252.8K2.8K
Apr 20252.5K3.2K
May 20252.8K3.3K
Jun 20252.8K3.0K
Jul 20253.1K3.1K
Aug 20252.9K3.2K
Sep 20252.7K3.1K
Oct 20253.1K3.2K
Nov 20253.3K3.0K
Dec 20253.0K3.2K
Jan 20262.2K3.2K
Feb 2026—3.4K
Mar 20263.0K3.1K
Apr 2026—2.9K
May 20262.5K3.1K
Jun 20262.5K3.0K
Jul 20262.7K2.9K
Aug 2026—3.1K
Sep 20263.4K3.1K
Oct 2026—3.1K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
Commercial—1,434 sqft0 sqft
Commercial—195 sqft
Commercial—511 sqft
Commercial—435 sqft
Commercial—99 sqft
Commercial—361 sqft
Commercial—81 sqft
Commercial—206 sqft
Commercial—64 sqft
Commercial—229 sqft
Commercial—100 sqft
Commercial—86 sqft
Commercial—210 sqft
Commercial—104 sqft
Commercial—180 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment957 sqft9.13 sqft⃃ 2,890,000⃃ 3,020 /sqft03, Jun 2025
1Apartment1,129 sqft25.1 sqft⃃ 2,500,000⃃ 2,214 /sqft14, Jan 2026
1Apartment946 sqft8.95 sqft⃃ 2,410,000⃃ 2,548 /sqft02, Jun 2025
1Apartment1,034 sqft16.04 sqft⃃ 1,690,000⃃ 1,634 /sqft26, Apr 2023
1Apartment1,029 sqft15.64 sqft⃃ 1,589,000⃃ 1,544 /sqft23, Dec 2019
1Apartment1,025 sqft15.6 sqft⃃ 1,498,000⃃ 1,463 /sqft09, Aug 2021
1Apartment1,597 sqft68.74 sqft⃃ 1,476,000⃃ 924 /sqft19, Sep 2019
1Apartment956 sqft8.89 sqft⃃ 1,411,000⃃ 1,479 /sqft06, Dec 2021
1Apartment945 sqft8.77 sqft⃃ 1,396,000⃃ 1,477 /sqft20, Oct 2019
2Apartment2,081 sqft67.52 sqft⃃ 4,250,000⃃ 2,042 /sqft13, Jan 2025
2Apartment1,881 sqft47.87 sqft⃃ 4,100,000⃃ 2,180 /sqft25, Jun 2025
2Apartment1,833 sqft44.34 sqft⃃ 2,498,000⃃ 1,363 /sqft08, Aug 2021
2Apartment1,617 sqft24.21 sqft⃃ 2,399,000⃃ 1,484 /sqft10, Aug 2021
2Apartment2,024 sqft61.98 sqft⃃ 2,376,000⃃ 1,183 /sqft08, Jul 2021
2Apartment1,624 sqft24.21 sqft⃃ 2,299,000⃃ 1,416 /sqft06, Jul 2021

Central Park - Building 1 Real Estate Data – FAQ

  • What is the current property supply in Central Park - Building 1?

    Central Park - Building 1 has a total residential supply of approximately 37 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Central Park - Building 1?

    Central Park - Building 1 recorded 12 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Central Park - Building 1?

    The median transaction price in Central Park - Building 1 is ⃃ 3,010 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Central Park - Building 1?

    The gross rental yield in Central Park - Building 1 is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Central Park - Building 1?

    Property prices in Central Park - Building 1 have shown a capital appreciation of 11.16% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Central Park - Building 1?

    There are currently 0 active off-plan projects in Central Park - Building 1, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Central Park - Building 1?

    The total off-plan pipeline in Central Park - Building 1 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Central Park - Building 1 a good area for property investment?

    Central Park - Building 1 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 8%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Central Park - Building 1, this is 8%, indicating relatively strong income performance compared to global markets.