 |
Property Makler
Advanced analytics for residential real estate investing |
|
Dubai, UAE US |
Dubai US Cap rates Online Property Valuation Market Research
Park Central in Business Bay - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Park Central
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| Studio | 43 | 15,291 | 650,000 |
| 1 | 59 | 14,424 | 850,000 |
| 2 | 107 | 11,422 | 1,218,556 |
Rents in Park Central
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| Studio | 42 | 1,543 | 64,826 |
| 1 | 65 | 1,202 | 77,500 |
| 2 | 118 | 1,102 | 130,000 |
The cap rate (rental yield) of investments into Park Central project is 9.7% on average.
The price of an apartment in Park Central is 12,506 AED/sqm on average.
The long term rent of an apartment in Park Central is 1,210 AED/sqm/year on average.
Price for completed Studio apartment in Park Central is 650,000 AED or 15,291 AED/sqm.
Price for completed 1 bedroom apartment in Park Central is 850,000 AED or 14,424 AED/sqm.
Price for completed 2 bedroom apartment in Park Central is 1,218,556 AED or 11,422 AED/sqm.
Rent for Studio apartment in Park Central is 64,826 AED or 1,543 AED/sqm.
Rent for 1 bedroom apartment in Park Central is 77,500 AED or 1,202 AED/sqm.
Rent for 2 bedroom apartment in Park Central is 130,000 AED or 1,102 AED/sqm.
About Park Central
'Park Central' in 'Business Bay' area project description
Park Central is a ready-to-move-in residential tower developed by Damac Properties in the heart of Business Bay, Dubai. Completed in January 2014, this 16- to 18-story building houses 120 units, including studios, 1-bedroom apartments (638 to 845 sq.ft.), and 2-bedroom apartments, blending modern aesthetics with simple, elegant design for comfortable urban living.
The architecture emphasizes a peaceful environment amid Business Bay's skyscrapers, with lush green surroundings and waterfront views from three sides. Its layout features a family-friendly gated community with ground-level retail areas, ensuring convenience in a vibrant, central location near the Burj Khalifa, Dubai Mall, and the dancing fountain.
Amenities cater to a balanced lifestyle, including an infinity pool, communal swimming pool, gymnasium, outdoor gymnasium, basketball and sports courts, kids play area, jogging and running tracks, yoga and meditation spaces, spa and sauna, health care center, gardens, parks, and green spaces. Residents enjoy 24/7 security, reception lobby, supermarkets, retail outlets, gourmet shops, restaurants, dining outlets, outdoor dining areas, and attached market shops. Nearby facilities extend to a marina and yacht club, water activities, schools, institutes, and hospitals.
Strategically positioned in Business Bay's Burj Area, Park Central offers seamless connectivity via major road networks to the city's financial districts, World Trade Centre, and Meydan Racecourse. It provides short walks to Dubai Mall's retail, dining, and leisure options, plus proximity to the tallest tower. Beaches are easily accessible: drive 15-20 minutes via Sheikh Zayed Road to Jumeirah Beach or Pearl Jumeirah, or 25 minutes to Dubai Marina beaches, with public transport like the Dubai Metro (Business Bay station) linking to coastal areas.
Nearby projects and landmarks include towering skyscrapers, Burj Al Arab, The Palm Jumeirah, Al Maktoum Airport, Dubai International Airport, pedestrian bike paths, community parks, and tennis courts. Close retail spots feature Spinneys Shopping Centre, West Zone Fresh Supermarket, and Long Teng Seafood Restaurant. The area borders a beachfront development with shopping, dining, and entertainment stretching to Jumeirah Bay, enhancing Business Bay's dynamic market as Dubai's fastest-growing business and residential hub.
Park Central is a ready-to-move-in residential tower developed by Damac Properties in the heart of Business Bay, Dubai. Completed in January 2014, this 16- to 18-story building houses 120 units, including studios, 1-bedroom apartments (638 to 845 sq.ft.), and 2-bedroom apartments, blending modern aesthetics with simple, elegant design for comfortable urban living.
The architecture emphasizes a peaceful environment amid Business Bay's skyscrapers, with lush green surroundings and waterfront views from three sides. Its layout features a family-friendly gated community with ground-level retail areas, ensuring convenience in a vibrant, central location near the Burj Khalifa, Dubai Mall, and the dancing fountain.
Amenities cater to a balanced lifestyle, including an infinity pool, communal swimming pool, gymnasium, outdoor gymnasium, basketball and sports courts, kids play area, jogging and running tracks, yoga and meditation spaces, spa and sauna, health care center, gardens, parks, and green spaces. Residents enjoy 24/7 security, reception lobby, supermarkets, retail outlets, gourmet shops, restaurants, dining outlets, outdoor dining areas, and attached market shops. Nearby facilities extend to a marina and yacht club, water activities, schools, institutes, and hospitals.
Strategically positioned in Business Bay's Burj Area, Park Central offers seamless connectivity via major road networks to the city's financial districts, World Trade Centre, and Meydan Racecourse. It provides short walks to Dubai Mall's retail, dining, and leisure options, plus proximity to the tallest tower. Beaches are easily accessible: drive 15-20 minutes via Sheikh Zayed Road to Jumeirah Beach or Pearl Jumeirah, or 25 minutes to Dubai Marina beaches, with public transport like the Dubai Metro (Business Bay station) linking to coastal areas.
Nearby projects and landmarks include towering skyscrapers, Burj Al Arab, The Palm Jumeirah, Al Maktoum Airport, Dubai International Airport, pedestrian bike paths, community parks, and tennis courts. Close retail spots feature Spinneys Shopping Centre, West Zone Fresh Supermarket, and Long Teng Seafood Restaurant. The area borders a beachfront development with shopping, dining, and entertainment stretching to Jumeirah Bay, enhancing Business Bay's dynamic market as Dubai's fastest-growing business and residential hub.
Q&A on Park Central
What projects are better than 'Park Central' project in Dubai which are located close by, and why?The Opus by Omniyat stands out due to its distinctive architecture designed by Zaha Hadid, offering a mix of office, residential, and hotel spaces along with high-end amenities.
Executive Towers provide a comprehensive living experience with its mixed-use development, featuring residential, commercial, and retail spaces, along with parks, jogging tracks, and playgrounds.
Bay Square is known for its live-work-play concept, blending office spaces, residential units, and retail outlets all within walking distance, fostering a community-centric lifestyle.
The Churchill Towers include both residential and commercial towers, offering panoramic views of the Burj Khalifa and The Dubai Canal, complemented by luxury amenities and facilities.
The Burlington Tower, primarily an office tower, attracts business professionals with its strategic location and state-of-the-art facilities including conference rooms and high-speed internet.
What are the closest schools to 'Park Central' project in Dubai?
1. Jumeirah English Speaking School (JESS)
- Location: Al Safa 1, Dubai
2. GEMS Our Own Indian School
- Location: Al Quoz, Dubai
3. Horizon English School
- Location: Al Safa 1, Dubai
4. Clarion School
- Location: Al Quoz, Dubai
5. Dubai International School
- Location: Al Quoz, Dubai
6. Patricia School
- Location: Business Bay, Dubai
7. Great Minds Nursery
- Location: Business Bay, Dubai
Property Makler © 2026 Contacts T&C About