Project
Park Central
Park Central is a 16-storey residential building in Business Bay, Dubai. A completed project of apartments and shops in Business Bay, priced below the Business Bay median.
Small sample (14 sales): medians may move significantly with new data.
01 / Transactions
All Park Central transactions
02 / About
About Park Central
Park Central is a 16-storey residential building in Business Bay, Dubai.
Park Central at a glance
- Area
- Business Bay
- Developer
- Damac Properties through its subsidiary Damac Star Properties
- Height
- 74 metres (243 feet)
- Units
- The development contains a total of 120 units
- Unit layouts
- Park Central comprises a mix of studios, one- , and two-bedroom apartments
- Architect
- The architectural consultant was H2A & Sakly Architects
- Structure
- The substructure contains two basement levels which are used for parking
Homes, design and facilities
The building was originally intended for offices, but during construction was redesigned for apartments.
Facilities include indoor and outdoor leisure facilities, gymnasium, covered walkway, café, retail at ground level, hi-speed internet, reception desk and 24-hour security.
- indoor and outdoor leisure facilities
- gymnasium
- covered walkway
- café
- retail at ground level
- hi-speed internet
- reception desk
- 24-hour security
Getting around
- Dubai Mall
- 10 min
- Palm Jumeirah
- 21 min
- Burj Al Arab
- 19 min
- The Walk JBR
- 24 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
Construction began in March 2010. The project was completed in Nov 2013.
- Construction Started
- March 2010
- Construction Finished
- November 2013
Nearby neighbourhoods
- District One1.5 km
- Downtown Dubai2.0 km
- City Walk3.0 km
- Mohammed Bin Rashid City3.7 km
Park Central recorded 14 market sales from 2 Feb 2026 – 9 Oct 2026, at a median price of AED 1,227,500 (AED 1,230/sqft). Park Central's median price per sqft (AED 1,230/sqft) is 50% below the Business Bay median (AED 2,458/sqft).
03 / Prices
Park Central prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
Studio | 3 | 595K AED | 1,344 | |
1 bedroom | 2 | 879.4K AED | 1,146 | |
2 bedrooms | 8 | 1.34M AED | 1,183 |
04 / Rents
Renting in Park Central
Medians of the 7 market rents (one property, about a year) among 7 registered contracts. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 70,000
- Per sqft / yr
- AED 108/sqft
- Gross yield
- 8.5%
Market pulse / weekly
Park Central price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 2 Feb 2026Total AED 650,000 | 1 | AED 650,000 | AED 1,433/sqft |
| Week of 16 Feb 2026Total AED 1,285,000 | 1 | AED 1,285,000 | AED 1,126/sqft |
| Week of 23 Feb 2026Total AED 1,325,000 | 1 | AED 1,325,000 | AED 1,324/sqft |
| Week of 9 Mar 2026Total AED 1,500,000 | 1 | AED 1,500,000 | AED 1,133/sqft |
| Week of 16 Mar 2026Total AED 2,150,000 | 2 | AED 1,075,000 | AED 1,239/sqft |
| Week of 23 Mar 2026Total AED 1,555,000 | 1 | AED 1,555,000 | AED 1,200/sqft |
| Week of 18 May 2026Total AED 1,483,803 | 2 | AED 741,902 | AED 1,199/sqft |
| Week of 22 Jun 2026Total AED 585,000 | 1 | AED 585,000 | AED 1,300/sqft |
| Week of 29 Jun 2026Total AED 1,175,000 | 1 | AED 1,175,000 | AED 1,141/sqft |
| Week of 13 Jul 2026Total AED 1,350,000 | 1 | AED 1,350,000 | AED 1,166/sqft |
| Week of 14 Sept 2026Total AED 1,125,000 | 1 | AED 1,125,000 | AED 1,971/sqft |
| Week of 5 Oct 2026Total AED 1,400,000 | 1 | AED 1,400,000 | AED 1,222/sqft |
05 / Nearby
Other projects in Business Bay
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 238 | 3.21M AED | 4,699 | ||
| 221 | 2.19M AED | 2,569 | ||
| 183 | 2.03M AED | 2,513 | ||
| 161 | 2.7M AED | 2,773 | ||
| 155 | 3.44M AED | 2,636 | ||
| 155 | 3.22M AED | 3,491 | ||
| 148 | 22.98M AED | 6,130 | ||
| 140 | 1.74M AED | 2,683 | ||
| 116 | 2.68M AED | 2,618 | ||
| 105 | 1.53M AED | 1,434 |
06 / Talk to us
Interested in Park Central?
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A registered project can include several buildings or phases, so these figures cover the whole project.