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Ready building · Madison Holding

Park Terrace, Nadd Hessa

Highlights

Park Terrace at a glance

About Park Terrace

Park Terrace is a mixed-use building in Nadd Hessa, Dubai, developed by Madison Holding. It holds about 97 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 5-bedroom apartments, commercial units. Depending on the unit, windows look out over Park.

The building was completed in 2011 and has been in use for about 15 years. 9 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 835 per sq ft.

Park Terrace is one of 103 buildings in Nadd Hessa: 61 are complete and 13 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Nadd Hessa, Dubai
  • Developed by Madison Holding
  • Completed in Q3 2011
  • Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, 5 Beds, Commercial
  • Sizes from 450 to 2,220 sq ft
  • Views: Park
  • Service charge from AED 9.55 per sq ft
Status
Ready
Developer
Madison Holding
Location
Nadd Hessa, Dubai
Completed
Q3 2011
Unit types
Studio, 1 Bed, 2 Beds, 3 Beds, 5 Beds, Commercial
Prices from
AED 283.0K
Median price per sq ft
AED 835
Median gross yield
7.4%
Service charge
AED 1024.07 per sq ft (2026)
Nearest metro
Academic City, 2.1 km

Building details

Inside Park Terrace

Properties in Park Terrace

Studios in Park Terrace

There are about 7 of these in Park Terrace, from 450 to 490 sq ft. They have recently sold for a median of AED 425.0K, or AED 890 per sq ft.

1-bedroom apartments in Park Terrace

There are about 50 of these in Park Terrace, from 740 to 980 sq ft. They have recently sold for a median of AED 730.0K, or AED 880 per sq ft. Owners who resold made a median 9% over what they paid.

2-bedroom apartments in Park Terrace

There are about 34 of these in Park Terrace, from 450 to 1,460 sq ft. They have recently sold for a median of AED 1.3M, or AED 880 per sq ft. Owners who resold made a median 8% over what they paid.

3-bedroom apartments in Park Terrace

There are about 4 of these in Park Terrace, from 2,080 to 2,220 sq ft. None has sold recently enough to quote a price.

5-bedroom apartments in Park Terrace

There are about 1 of these in Park Terrace, from 480 sq ft. None has sold recently enough to quote a price.

Commercial units in Park Terrace

There are about 1 of these in Park Terrace, from 630 sq ft. None has sold recently enough to quote a price.

Unit types in Park Terrace with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio7450 sqft41.8 sqmt – 490 sqft45.5 sqmtAED 425K–
1 Bed50740 sqft68.7 sqmt – 980 sqft91 sqmtAED 730KAED 53.5K
2 Beds34450 sqft41.8 sqmt – 1,460 sqft135.6 sqmtAED 1.3MAED 82.5K
3 Beds42,080 sqft193.2 sqmt – 2,220 sqft206.2 sqmtNo recent sales–
5 Beds1480 sqft44.6 sqmtNo recent sales–
Commercial1630 sqft58.5 sqmtNo recent sales–

Recent transactions in Park Terrace

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 424.8K

    AED 891 /sqftAED 9,591 /sqmt

    ReadyApartment
    477 sqft44.3 sqmtStudioOwner7 Sept 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.2M

    AED 842 /sqftAED 9,063 /sqmt

    ReadyApartment
    1,426 sqft132.5 sqmt2 BedsOwner6 Aug 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.6M

    AED 1,104 /sqftAED 11,883 /sqmt

    ReadyApartment
    1,449 sqft134.6 sqmt2 BedsOwner3 Aug 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 720K

    AED 795 /sqftAED 8,557 /sqmt

    ReadyApartment
    906 sqft84.2 sqmt1 BedOwner13 May 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.5M

    AED 1,033 /sqftAED 11,119 /sqmt

    ReadyApartment
    1,452 sqft134.9 sqmt2 BedsOwner13 Apr 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 800K

    AED 883 /sqftAED 9,505 /sqmt

    ReadyApartment
    906 sqft84.2 sqmt1 BedOwner17 Feb 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 730K

    AED 908 /sqftAED 9,774 /sqmt

    ReadyApartment
    804 sqft74.7 sqmt1 BedOwner19 Jan 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.3M

    AED 880 /sqftAED 9,472 /sqmt

    ReadyApartment
    1,449 sqft134.6 sqmt2 BedsOwner14 Jan 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.3M

    AED 879 /sqftAED 9,461 /sqmt

    ReadyApartment
    1,456 sqft135.3 sqmt2 BedsOwner13 Jan 2026

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.2M

    AED 828 /sqftAED 8,913 /sqmt

    ReadyApartment
    1,449 sqft134.6 sqmt2 BedsOwner2 Oct 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 700K

    AED 870 /sqftAED 9,365 /sqmt

    ReadyApartment
    805 sqft74.8 sqmt1 BedOwner24 Sept 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.2M

    AED 827 /sqftAED 8,902 /sqmt

    ReadyApartment
    1,426 sqft132.5 sqmt2 BedsOwner9 Sept 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 646K

    AED 802 /sqftAED 8,633 /sqmt

    ReadyApartment
    805 sqft74.8 sqmt1 BedOwner3 Jun 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 730K

    AED 806 /sqftAED 8,676 /sqmt

    ReadyApartment
    906 sqft84.2 sqmt1 BedOwner9 May 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 690K

    AED 711 /sqftAED 7,653 /sqmt

    ReadyApartment
    971 sqft90.2 sqmt1 BedOwner5 Mar 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.8M

    AED 855 /sqftAED 9,203 /sqmt

    ReadyApartment
    2,076 sqft192.9 sqmt3 BedsOwner27 Jan 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 650K

    AED 717 /sqftAED 7,718 /sqmt

    ReadyApartment
    906 sqft84.2 sqmt1 BedOwner21 Jan 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 1.5M

    AED 676 /sqftAED 7,276 /sqmt

    ReadyApartment
    2,218 sqft206.1 sqmt3 BedsOwner16 Jan 2025

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 660K

    AED 680 /sqftAED 7,319 /sqmt

    ReadyApartment
    971 sqft90.2 sqmt1 BedOwner26 Dec 2024

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 650K

    AED 663 /sqftAED 7,136 /sqmt

    ReadyApartment
    980 sqft91 sqmt1 BedOwner11 Dec 2024

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 52K/yr

    ApartmentNew contract
    906 sqft84.2 sqmt1 Bedto

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 55K/yr

    ApartmentNew contract
    906 sqft84.2 sqmt1 Bedto

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 90K/yr

    ApartmentNew contract
    1,449 sqft134.6 sqmt2 Bedsto

  • Park Terrace, Silicon Boulevard

    Dubai Silicon Oasis

    AED 75K/yr

    ApartmentRenewal
    1,452 sqft134.9 sqmt2 Bedsto

Every sale in Park TerraceEvery rent contract in Park Terrace

Service charges in Park Terrace

The 2026 service charge in Park Terrace is AED 1024.07 per sq ft for homes, AED 9.55 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.

Service charges in Park Terrace
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 1024.07740 sqft68.7 sqmt – 980 sqft91 sqmtAED 757,812 – AED 1,003,589
2 Beds Apartment (2026)AED 1024.07450 sqft41.8 sqmt – 1,460 sqft135.6 sqmtAED 460,832 – AED 1,495,142
3 Beds Apartment (2026)AED 1024.072,080 sqft193.2 sqmt – 2,220 sqft206.2 sqmtAED 2,130,066 – AED 2,273,435
5 Beds Apartment (2026)AED 1024.07480 sqft44.6 sqmtAED 491,554 – AED 491,554
Retail (2026)AED 9.55630 sqft58.5 sqmtAED 6,017 – AED 6,017
Studio Apartment (2026)AED 1024.07450 sqft41.8 sqmt – 490 sqft45.5 sqmtAED 460,832 – AED 501,794

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

Nearby amenities

Around Park Terrace

Transportation near Park Terrace

Stations planned on new lines nearby include Academic City (blue line, 2.1 km, about 6 min drive) and Dubai Silicon Oasis (blue line, 2.1 km, about 6 min drive).

  • Academic CityBlue line · 2.1 km · about 6 min drive
  • Dubai Silicon OasisBlue line · 2.1 km · about 6 min drive
  • International City 2Blue line · 4.4 km · about 11 min drive
  • International City 1Blue line · 5.7 km · about 13 min drive
  • Auto MarketBlue line · 6.9 km · about 16 min drive
  • Dragon MartBlue line · 7.5 km · about 17 min drive

Shopping and groceries near Park Terrace

The closest is Spinneys / Dubai Silicon Oasis, 0.4 km from Park Terrace (about 5 min walk).

  • Spinneys / Dubai Silicon OasisSupermarket · 0.4 km · about 5 min walk
  • Dubai Outlet MallShopping Mall · 4.7 km · about 11 min drive
  • Spinneys / International City, France ClusterSupermarket · 5.6 km · about 13 min drive
  • Lulu Express / France Cluster, International CitySupermarket · 5.6 km · about 13 min drive
  • Dragon MartShopping Mall · 7.7 km · about 17 min drive

Restaurants and hotels near Park Terrace

The closest is Abidos Hotel Apartments, 2.6 km from Park Terrace (about 7 min drive).

  • Abidos Hotel ApartmentsHotel · 2.6 km · about 7 min drive

Schools near Park Terrace

The nearest is GEMS Wellington Academy -Fze, 0.8 km away. Ratings are the KHDA's latest inspection grades.

  • GEMS Wellington Academy -FzeUK - UK/IB · KHDA: Very good · 0.8 km
  • The Indian International School (Dso Branch)Indian · KHDA: Good · 0.9 km
  • Lycee Francais International Georges Pompidou School (Dubai Branch)French · KHDA: Very good · 1.5 km
  • Dubai English Speaking School - (College)UK · KHDA: Outstanding · 1.8 km
  • German International School DubaiGerman · KHDA: Not inspected due to COVID 19 · 1.9 km
  • Vernus International Primary School - FZCOAmerican · KHDA: Acceptable · 2.3 km

Other buildings in Nadd Hessa

Nadd Hessa has 103 buildings. A few others to compare Park Terrace with:

All 103 Nadd Hessa buildings →

Things to consider about Park Terrace

In its favour

  • Owners who resold have made money: a median gain of up to 9%.
  • A median gross yield of 7.4% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 1024.07 per sq ft are on the higher side for Dubai.
  • Completed 15 years ago: ask about maintenance and any planned refurbishment.

Specialists

Brokers who know Park Terrace

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

FAQs

Park Terrace: questions answered

Park Terrace was developed by Madison Holding in Nadd Hessa.

Park Terrace is completed in Q3 2011.

Across its 20 most recent registered sales, Park Terrace sold for a median of AED 835 per sq ft and AED 765.0K per unit.

Recent yearly contracts in Park Terrace have a median rent of AED 65.0K.

The median gross yield on recently sold units in Park Terrace is 7.4%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Park Terrace is AED 1024.07 per sq ft a year, as registered with the Dubai Land Department.

Park Terrace has Studio (450 to 490 sq ft), 1 Bed (740 to 980 sq ft), 2 Beds (450 to 1,460 sq ft), 3 Beds (2,080 to 2,220 sq ft), 5 Beds (480 sq ft), Commercial (630 sq ft).

Academic City is about 2.1 km from Park Terrace.

The nearest schools include GEMS Wellington Academy -Fze (0.8 km), The Indian International School (Dso Branch) (0.9 km), Lycee Francais International Georges Pompidou School (Dubai Branch) (1.5 km).

Buying, selling or renting in Park Terrace?

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

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