Park Corner

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 Gulf Developers
46
Total Units
46
Sold
AED 910,400
Median Price
AED 810
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Mar, 2013

Park Corner 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

Studio9360 sqft - 470 sqftAED 1,720 /sqft
0
1 Bed19740 sqft - 1,580 sqftAED 0.8M (1,080 /sqft)AED 1,430 /sqft
-24
2 Beds161,150 sqft - 1,940 sqftAED 1,310 /sqft
0
3 Beds21,960 sqft - 2,390 sqftAED 1,440 /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

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
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment1,257 sqft16.74 sqft 1AED 1,017,360AED 809 /sqft 26, Apr 2016
1Apartment1,004 sqft14.67 sqft 1AED 812,430AED 809 /sqft 29, Mar 2016
1Apartment790 sqft12.87 sqft 1AED 641,520AED 812 /sqft 27, Apr 2016
2Apartment1,654 sqft13.09 sqft 1AED 1,339,998AED 810 /sqft 28, Feb 2016
2Apartment1,556 sqft19.23 sqft 1AED 1,260,360AED 810 /sqft 06, Apr 2016
2Apartment1,605 sqft25.6 sqft 1AED 1,225,000AED 763 /sqft 26, Nov 2024
StudioApartment472 sqft6.28 sqft 1AED 382,320AED 810 /sqft 29, Mar 2016
StudioApartment409 sqft6.4 sqft 1AED 375,000AED 917 /sqft 26, Mar 2017
StudioApartment408 sqft6.4 sqft 1AED 330,480AED 810 /sqft 29, Mar 2016
StudioApartment376 sqft0 sqft 1AED 304,636AED 810 /sqft 28, Feb 2016
StudioApartment371 sqft0 sqft 1AED 275,000AED 741 /sqft 13, Jan 2023
1Apartment1,256 sqft16.78 sqft 2AED 1,017,360AED 810 /sqft 06, Apr 2016
1Apartment1,153 sqft12.16 sqft 2AED 933,120AED 809 /sqft 29, Mar 2016
1Apartment794 sqft12.16 sqft 2AED 642,753AED 810 /sqft 28, Feb 2016
1Apartment783 sqft12.16 sqft 2AED 633,420AED 809 /sqft 29, Mar 2016

Park Corner Real Estate Data – FAQ

  • What is the current property supply in Park Corner?

    Park Corner has a total residential supply of approximately 17 units. This represents completed and available inventory within the area.

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

    Park Corner recorded 1 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 Corner?

    The median transaction price in Park Corner is AED 1,080 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Park Corner?

    The gross rental yield in Park Corner 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 Corner?

    Property prices in Park Corner have shown a capital appreciation of 0% 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 Corner?

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

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  • What is the future supply pipeline in Park Corner?

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

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  • Is Park Corner a good area for property investment?

    Park Corner 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 Corner, this is %, indicating relatively strong income performance compared to global markets.

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