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ReadyHanded over

Park Central

by DAMAC Properties Business Bay

About Park Central

Park Central is a freehold residential & commercial development located in Business Bay area. The building consists of 2 Basement floors + Ground + 1 Parking + Health Club + 13 Typical Floors.

Key information

DAMAC Properties
Developer
DAMAC Properties
Handover
Q4 2013
Status
Handed over
Location
Business Bay, Dubai
Master project
Business Bay
Construction started
2010
Number of buildings
2
Number of units
146
Service charge
AED 20/sqft
Registered with DLD
08 Nov 2008
Escrow bank
Abu Dhabi Commercial Bank
Escrow account no.
632233159001
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2010
  2. Handed over
    Q4 2013

Construction progress

8 inspection photos from the Dubai Land Department. Latest 29 Sept 2013 at 86% complete.

Park Central construction — photo 1
Park Central construction — photo 2
Park Central construction — photo 3
Park Central construction — photo 4
Park Central construction — photo 5
Park Central construction — photo 6
Park Central construction — photo 7
Park Central construction — photo 8

Amenities

Physical features recorded on the Dubai Land Department buildings register.

15 Floors
Retail & Shops
137 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
424
Median price
AED 874K
Median price / sqft
AED 1K-51%
Off-plan share
29%

Priced 26% below than the Business Bay median of AED 2K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio136456 sqftAED 608KAED 1K
1 Bed150737 sqftAED 908KAED 1K
2 Bed1191,175 sqftAED 1.4MAED 1K

Price per sqft by year

-51% since 2009

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
13 Jul 2026Resale1,158 sqftAED 1.4MAED 1K
29 Jun 2026Resale1,030 sqftAED 1.2MAED 1K
23 Jun 2026Resale450 sqftAED 585KAED 1K
21 May 2026Resale844 sqftAED 889KAED 1K
18 May 2026Resale443 sqftAED 595KAED 1K
27 Mar 2026Resale1,296 sqftAED 1.6MAED 1K
17 Mar 2026Resale702 sqftAED 870KAED 1K
17 Mar 2026Resale1,032 sqftAED 1.3MAED 1K

Unit mix

147 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Shop9-
Unspecified1-
Studio46324 - 1,061 sqft
1 B/R52620 - 955 sqft
2 B/R39969 - 1,423 sqft

Payment plan

Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Business Bay, Dubai.

Business Bay

Dubai, United Arab Emirates

Frequently asked questions

Park Central has already been handed over (Q4 2013), according to Dubai Land Department records.

Other new projects in Business Bay

More off-plan launches around Business Bay.

Handover Q4 201386% complete

Park Central

Enquire