Park Central

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 DAMAC
146
Total Units
145
Sold
AED 850,000
Median Price
AED 1,270
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Nov, 2013

Park Central 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

Studio46320 sqft - 1,060 sqftAED 0.6M (1,430 /sqft)AED 2,500 /sqft
-43.02
1 Bed52620 sqft - 950 sqftAED 0.9M (1,290 /sqft)AED 2,420 /sqft
-46.73
2 Beds39970 sqft - 1,420 sqftAED 1.3M (1,140 /sqft)AED 2,420 /sqft
-52.81

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

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.

BedsCategoryFloorSize Balcony
1Apartment, 100310844 sqft3.52 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment680 sqft0 sqft 10AED 930,000AED 1,368 /sqft 18, Mar 2025
1Apartment686 sqft0 sqft 10AED 745,000AED 1,086 /sqft 13, Dec 2018
1Apartment631 sqft0 sqft 10AED 690,000AED 1,094 /sqft 23, Apr 2014
2Apartment1,032 sqft0 sqft 10AED 1,240,000AED 1,202 /sqft 02, May 2023
2Apartment1,296 sqft3.54 sqft 10AED 1,150,000AED 887 /sqft 13, Jul 2023
2Apartment1,001 sqft0 sqft 10AED 1,067,000AED 1,066 /sqft 12, Mar 2014
StudioApartment443 sqft0 sqft 10AED 800,000AED 1,806 /sqft 27, Apr 2015
StudioApartment334 sqft0 sqft 10AED 630,000AED 1,886 /sqft 08, Mar 2017
StudioApartment442 sqft0 sqft 10AED 610,000AED 1,380 /sqft 18, Jul 2024
1Apartment702 sqft0 sqft 11AED 1,382,753AED 1,970 /sqft 23, Jul 2014
1Apartment866 sqft3.52 sqft 11AED 925,000AED 1,068 /sqft 29, Nov 2024
1Apartment639 sqft0 sqft 11AED 919,300AED 1,439 /sqft 10, Jul 2024
1Apartment683 sqft0 sqft 11AED 825,000AED 1,208 /sqft 07, May 2024
2Apartment1,324 sqft3.54 sqft 11AED 1,750,000AED 1,322 /sqft 08, Dec 2015
2Apartment1,024 sqft0 sqft 11AED 1,000,000AED 977 /sqft 06, Aug 2019

Park Central Real Estate Data – FAQ

  • What is the current property supply in Park Central?

    Park Central has a total residential supply of approximately 56 units. This represents completed and available inventory within the area.

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

    Park Central recorded 20 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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

    The median transaction price in Park Central is AED 1,270 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Park Central?

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

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  • How much have property prices increased in Park Central?

    Property prices in Park Central have shown a capital appreciation of 47% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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

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

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  • What is the future supply pipeline in Park Central?

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

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  • Is Park Central a good area for property investment?

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

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  • 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.

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  • 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.

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  • What does rental yield represent?

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

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