Park Central

P1 — Delivered Ready Secondary
Developer Damac Properties
Community Business Bay
Property type Apartment
Data updated Mar 27, 2026

Park Central is a Delivered development by Damac Properties in Business Bay. 137 units across 1 Bedroom (38%), Studio (34%), 2 Bedroom (28%). Over the trailing 12 months, 402 sales at a median of AED 870,000.

Key Metrics
Median Price
Value
AED 870,000
Change
10.1% YoY
Transactions
Value
402
Change
25 in period
Price / sqft
Value
AED 1,292
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 870,000
↑ 10.1% YoY
Transactions
402
↑ 25 in period
Price / sqft
AED 1,292
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
-0.3%
Holding Period
Value
5.9 yrs
Liquidity
Value
20.8%
Price Dispersion
Value
18.8%
Ready Market Mix
Value
0.0%
Rental Activity
Value
60.8%
Capital Return
-0.3%
Holding Period
5.9 yrs
Liquidity
20.8%
Price Dispersion
18.8%
Ready Market Mix
0.0%
Rental Activity
60.8%

Rental Performance

Rental Volume
Value
941
Avg Annual Rent
Value
AED 67,445
New Leases
Value
71.5%
Renewals
Value
28.5%
Rental Volume
941
Avg Annual Rent
AED 67,445
New Leases
71.5%
Renewals
28.5%

Unit Mix

By bedroom type
Studio 46 units · 34%
1 Bedroom 52 units · 38%
2 Bedroom 39 units · 28%

Transaction Breakdown

All time — 402 transactions
Off-Plan Primary
110
Off-Plan Secondary
8
Ready Primary
26
Ready Secondary
258

Price History

Median Price — Park Central

Median prices in Park Central have softened, declining 7% to AED 1.4M over the past 8 months.

Recent Transactions

Showing last 10 of 402
Date Type Price (AED) Size (sqft) AED/sqft
Mar 27, 2026 RP Secondary 1,555,000 1,295 1,199
Mar 17, 2026 RP Secondary 870,000 702 1,238
Mar 17, 2026 RP Secondary 1,280,000 1,032 1,240
Mar 09, 2026 RP Secondary 1,500,000 1,323 1,132
Feb 23, 2026 RP Secondary 1,325,000 1,000 1,324
Feb 18, 2026 RP Secondary 1,285,000 1,140 1,126
Feb 02, 2026 RP Secondary 650,000 453 1,432
Dec 30, 2025 RP Secondary 650,000 457 1,420
Dec 09, 2025 RP Secondary 850,000 634 1,340
Dec 05, 2025 RP Secondary 1,073,182 1,000 1,072

This project is in Business Bay

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Business Bay analysis →