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Ready building · DAMAC

Park Central, Business Bay

Highlights

Park Central at a glance

About Park Central

Park Central is a mixed-use building in Business Bay, Dubai, developed by DAMAC. It holds about 146 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units.

The building was completed in 2013 and has been in use for about 13 years. 20 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,231 per sq ft.

Park Central is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Business Bay, Dubai
  • Developed by DAMAC
  • Completed in Q4 2013
  • Unit types: Studio, 1 Bed, 2 Beds, Commercial
  • Sizes from 250 to 1,420 sq ft
  • Features: Seafront
  • Service charge from AED 14.38 per sq ft
  • Business Bay metro station 1.8 km away
Status
Ready
Developer
DAMAC
Location
Business Bay, Dubai
Completed
Q4 2013
Unit types
Studio, 1 Bed, 2 Beds, Commercial
Prices from
AED 325.0K
Median price per sq ft
AED 1,231
Median gross yield
7.5%
Service charge
AED 24.17 per sq ft (2026)
Nearest metro
Burj Khalifa Road, 1.1 km

Building details

Inside Park Central

Facilities in Park Central

Park Central lists one facility for its residents.

  • Seafront

Properties in Park Central

Studios in Park Central

There are about 46 of these in Park Central, from 320 to 1,060 sq ft. They have recently sold for a median of AED 623.0K, or AED 1,380 per sq ft.

1-bedroom apartments in Park Central

There are about 52 of these in Park Central, from 620 to 950 sq ft. They have recently sold for a median of AED 870.0K, or AED 1,240 per sq ft. Owners who resold made a median 12% over what they paid.

2-bedroom apartments in Park Central

There are about 39 of these in Park Central, from 970 to 1,420 sq ft. They have recently sold for a median of AED 1.3M, or AED 1,150 per sq ft.

Commercial units in Park Central

There are about 9 of these in Park Central, from 250 to 1,080 sq ft. They have recently sold for a median of AED 854.0K, or AED 2,570 per sq ft.

Unit types in Park Central with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio46320 sqft29.7 sqmt – 1,060 sqft98.5 sqmtAED 623KAED 49K
1 Bed52620 sqft57.6 sqmt – 950 sqft88.3 sqmtAED 870KAED 70K
2 Beds39970 sqft90.1 sqmt – 1,420 sqft131.9 sqmtAED 1.3MAED 90K
Commercial9250 sqft23.2 sqmt – 1,080 sqft100.3 sqmtAED 854K–

Recent transactions in Park Central

  • Park Central

    Business Bay

    AED 540K

    AED 1,179 /sqftAED 12,691 /sqmt

    ReadyApartment
    458 sqft42.5 sqmtStudioOwner2 Nov 2026

  • Park Central

    Business Bay

    AED 1.4M

    AED 1,222 /sqftAED 13,153 /sqmt

    ReadyApartment
    1,146 sqft106.5 sqmt2 BedsOwner9 Oct 2026

  • Park Central

    Business Bay

    AED 1.4M

    AED 1,166 /sqftAED 12,551 /sqmt

    ReadyApartment
    1,158 sqft107.6 sqmt2 BedsOwner13 Jul 2026

  • Park Central

    Business Bay

    AED 1.2M

    AED 1,141 /sqftAED 12,282 /sqmt

    ReadyApartment
    1,030 sqft95.7 sqmt2 BedsOwner29 Jun 2026

  • Park Central

    Business Bay

    AED 585K

    AED 1,300 /sqftAED 13,993 /sqmt

    ReadyApartment
    450 sqft41.8 sqmtStudioOwner23 Jun 2026

  • Park Central

    Business Bay

    AED 888.8K

    AED 1,053 /sqftAED 11,334 /sqmt

    ReadyApartment
    844 sqft78.4 sqmt1 BedOwner21 May 2026

  • Park Central

    Business Bay

    AED 595K

    AED 1,343 /sqftAED 14,456 /sqmt

    ReadyApartment
    443 sqft41.2 sqmtStudioOwner18 May 2026

  • Park Central

    Business Bay

    AED 1.6M

    AED 1,200 /sqftAED 12,917 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt2 BedsOwner27 Mar 2026

  • Park Central

    Business Bay

    AED 870K

    AED 1,239 /sqftAED 13,336 /sqmt

    ReadyApartment
    702 sqft65.2 sqmt1 BedOwner17 Mar 2026

  • Park Central

    Business Bay

    AED 1.3M

    AED 1,240 /sqftAED 13,347 /sqmt

    ReadyApartment
    1,032 sqft95.9 sqmt2 BedsOwner17 Mar 2026

  • Park Central

    Business Bay

    AED 1.5M

    AED 1,133 /sqftAED 12,196 /sqmt

    ReadyApartment
    1,324 sqft123 sqmt2 BedsOwner9 Mar 2026

  • Park Central

    Business Bay

    AED 1.3M

    AED 1,324 /sqftAED 14,251 /sqmt

    ReadyApartment
    1,001 sqft93 sqmt2 BedsOwner23 Feb 2026

  • Park Central

    Business Bay

    AED 1.3M

    AED 1,126 /sqftAED 12,120 /sqmt

    ReadyApartment
    1,141 sqft106 sqmt2 BedsOwner18 Feb 2026

  • Park Central

    Business Bay

    AED 650K

    AED 1,432 /sqftAED 15,414 /sqmt

    ReadyApartment
    454 sqft42.2 sqmtStudioOwner2 Feb 2026

  • Park Central

    Business Bay

    AED 650K

    AED 1,419 /sqftAED 15,274 /sqmt

    ReadyApartment
    458 sqft42.5 sqmtStudioOwner30 Dec 2025

  • Park Central

    Business Bay

    AED 850K

    AED 1,341 /sqftAED 14,434 /sqmt

    ReadyApartment
    634 sqft58.9 sqmt1 BedOwner9 Dec 2025

  • Park Central

    Business Bay

    AED 1.4M

    AED 1,052 /sqftAED 11,324 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt2 BedsOwner5 Dec 2025

  • Park Central

    Business Bay

    AED 1.1M

    AED 1,072 /sqftAED 11,539 /sqmt

    ReadyApartment
    1,001 sqft93 sqmt2 BedsOwner5 Dec 2025

  • Park Central

    Business Bay

    AED 660K

    AED 1,454 /sqftAED 15,651 /sqmt

    ReadyApartment
    454 sqft42.2 sqmtStudioOwner24 Oct 2025

  • Park Central

    Business Bay

    AED 1.1M

    AED 1,774 /sqftAED 19,095 /sqmt

    ReadyApartment
    620 sqft57.6 sqmt1 BedOwner14 Oct 2025

  • Park Central

    Business Bay

    AED 95K/yr

    ApartmentRenewal
    1,094 sqft101.6 sqmt2 Bedsto

  • Park Central

    Business Bay

    AED 85K/yr

    ApartmentNew contract
    1,110 sqft103.1 sqmt2 Bedsto

  • Park Central

    Business Bay

    AED 50K/yr

    ApartmentRenewal
    339 sqft31.5 sqmtStudioto

  • Park Central

    Business Bay

    AED 48K/yr

    ApartmentNew contract
    450 sqft41.8 sqmtStudioto

  • Park Central

    Business Bay

    AED 70K/yr

    ApartmentNew contract
    702 sqft65.2 sqmt1 Bedto

Every sale in Park CentralEvery rent contract in Park Central

Service charges in Park Central

The 2026 service charge in Park Central is AED 24.17 per sq ft for homes, AED 14.38 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 1,352 a year.

Service charges in Park Central
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 24.17620 sqft57.6 sqmt – 950 sqft88.3 sqmtAED 14,985 – AED 22,962
2 Beds Apartment (2026)AED 24.17970 sqft90.1 sqmt – 1,420 sqft131.9 sqmtAED 23,445 – AED 34,321
Retail (2026)AED 14.38250 sqft23.2 sqmt – 1,080 sqft100.3 sqmtAED 3,595 – AED 15,530
Studio Apartment (2026)AED 24.17320 sqft29.7 sqmt – 1,060 sqft98.5 sqmtAED 7,734 – AED 25,620

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Available now

Properties for sale and rent in Park Central

Units in Park Central listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Park Central

Transportation near Park Central

The nearest Dubai Metro station from Park Central is Business Bay (red line, 1.8 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2.5 km, about 7 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 1.1 km, about 13 min walk) and District 1 near High Speed Rail line (golden line, 1.1 km, about 13 min walk). Most residents will drive or take a taxi to the metro.

  • Burj Khalifa RoadGolden line · 1.1 km · about 13 min walk
  • District 1 near High Speed Rail lineGolden line · 1.1 km · about 13 min walk
  • Business Bay InterchangeGolden line · 1.8 km · about 6 min drive
  • Business BayRed line · 1.8 km · about 6 min drive
  • Burj Khalifa/Dubai MallRed line · 2.5 km · about 7 min drive
  • District 1Golden line · 2.8 km · about 8 min drive

Shopping and groceries near Park Central

The closest is Spinneys / south bridge downtowne Dubai, 1.1 km from Park Central (about 13 min walk).

  • Spinneys / south bridge downtowne DubaiSupermarket · 1.1 km · about 13 min walk
  • Spinneys/ Ontario TowerSupermarket · 1.2 km · about 14 min walk
  • Spinneys / The Executive TowersSupermarket · 1.3 km · about 5 min drive
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.4 km · about 5 min drive
  • Bay AvenueShopping Mall · 1.5 km · about 5 min drive

Restaurants and hotels near Park Central

The closest is Maward Restaurant, 0.2 km from Park Central (about 2 min walk).

  • Maward RestaurantRestaurant · 0.2 km · about 2 min walk
  • Oberoi HotelHotel · 1.1 km · about 13 min walk
  • Vida Hotels and ResortsHotel · 1.3 km · about 5 min drive
  • Al Manzil HotelHotel · 1.5 km · about 5 min drive
  • JW Marriott Marquis Business BayHotel · 1.6 km · about 5 min drive

Hospitals and clinics near Park Central

The closest is Medcare Hospital, 2.9 km from Park Central (about 8 min drive).

  • Medcare HospitalHospital · 2.9 km · about 8 min drive
  • Al Amal HospitalHospital · 3.1 km · about 8 min drive
  • Emirates HospitalHospital · 3.9 km · about 10 min drive
  • Internationl Medical CenterHospital · 4.3 km · about 11 min drive
  • Neuro Spinal hospitalHospital · 4.4 km · about 11 min drive

Parks and leisure near Park Central

The closest is Dubai Bowling Centre, 1.6 km from Park Central (about 5 min drive).

  • Dubai Bowling CentreSports Academy · 1.6 km · about 5 min drive
  • Al Quoz Pond ParkPark · 1.6 km · about 5 min drive
  • Safa ParkPark · 2.6 km · about 7 min drive
  • Falcon Heritage and Sports CentreSports Academy · 3.5 km · about 9 min drive
  • Falcon Centre and Cultural SportsSports Academy · 3.5 km · about 9 min drive

Schools near Park Central

The nearest is Dubai International Private School - Br, 1.3 km away. Ratings are the KHDA's latest inspection grades.

  • Dubai International Private School - BrAmerican · KHDA: Good · 1.3 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.3 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 1.4 km
  • Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.5 km
  • Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2 km
  • Clarion School L.L.CAmerican · KHDA: Good · 2 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Park Central with:

All 257 Business Bay buildings →

Things to consider about Park Central

In its favour

  • An active resale market: 20 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 12%.
  • A median gross yield of 7.5% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Service charges of up to AED 24.17 per sq ft are on the higher side for Dubai.
  • Completed 13 years ago: ask about maintenance and any planned refurbishment.
  • The nearest running metro station is 1.8 km away, so a car helps.

Specialists

Brokers who know Park Central

These brokers handle sales and lettings in Park Central and can tell you what is available now.

FAQs

Park Central: questions answered

Park Central was developed by DAMAC in Business Bay.

Park Central is completed in Q4 2013.

Across its 20 most recent registered sales, Park Central sold for a median of AED 1,231 per sq ft and AED 1.1M per unit.

Recent yearly contracts in Park Central have a median rent of AED 70.0K.

The median gross yield on recently sold units in Park Central is 7.5%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Park Central is AED 24.17 per sq ft a year, as registered with the Dubai Land Department.

Park Central has Studio (320 to 1,060 sq ft), 1 Bed (620 to 950 sq ft), 2 Beds (970 to 1,420 sq ft), Commercial (250 to 1,080 sq ft).

Burj Khalifa Road is about 1.1 km from Park Central.

The nearest schools include Dubai International Private School - Br (1.3 km), GEMS Our Own Indian School (1.3 km), Global Indian International School L.L.C (1.4 km).

Buying, selling or renting in Park Central?

A broker who works Business Bay will tell you what is available and what comparable homes went for.

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