Park Terrace
Studios to three-beds in Dubai Silicon Oasis. 4 apartments sold in the last 12 months; every sale, rent and unit is below.
About Park Terrace
Park Terrace is a mid-rise residential building located on Silicon Boulevard in Dubai Silicon Oasis, a mixed-use technology park and residential district in the eastern part of Dubai. The building sits amid landscaped streets with everyday conveniences close by, offering a practical base for professionals and families who want an established community setting. The 12-storey tower features a mix of studios as well as one- and two-bedroom apartments. Homes are arranged in a contemporary layout typical of Dubai Silicon Oasis mid-rises, with practical floor plans, balconies in many units, and basement or podium parking for residents. Building management provides 24-hour security and concierge services, with access control and CCTV in common areas. Vertical circulation is served by two elevators. Lifestyle amenities in Park Terrace include a shared gym, separate health clubs for men and women, and temperature-controlled swimming pools. Residents also have use of a Jacuzzi, sauna and steam rooms, along with outdoor facilities such as basketball and tennis courts and a dedicated children’s play area. A welcoming lobby serves visitors, and residents can subscribe to broadband and satellite TV services. Daily needs are easy to meet, with several minimarts and supermarkets in the immediate vicinity and a wider choice of grocery stores, cafes and casual restaurants across Dubai Silicon Oasis. Schools, nurseries and medical clinics operate within the wider community. Connectivity is a key advantage: buses run through Dubai Silicon Oasis, while Green Line metro stations such as Creek, Dubai Healthcare City and Al Jadaf are typically a 16 to 18‑minute drive, depending on traffic. The location offers straightforward access by car to major city destinations and leisure venues; Global Village, Dubai Outlet Mall and the Ras Al Khor Wildlife Sanctuary are reachable in roughly 15 to 20 minutes. While the tower offers comprehensive on-site amenities, those who rely exclusively on the metro for daily commuting should note that rail access generally requires a short drive or taxi connection.
94 apartments over 11 floors: 13 studios of 447 to 486 sqft, 48 one-beds of 486 to 980 sqft, 25 two-beds of 1,426 to 1,456 sqft and 4 three-beds of 2,076 to 2,218 sqft. The service charge is AED 13.33 per sqft a year.
4 apartments sold in the 12 months to February 2026, at a median of AED 881 per sqft. 26 rental contracts were registered over the same 12 months, at a typical AED 75,000 a year.
- Developer
- Madison Holdingo
- Completed
- 2010
- Floors
- 11
- Units
- 94
- Unit types
- Studio to 3-bed
Average prices in Park Terrace
In Park Terrace, typical sale prices over the last 12 months were around AED 765,000 for one-beds and AED 1,280,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Park Terrace
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Park Terrace
- Completed1-bed · 906 sqft 17 Feb 2026AED 800,000883 /sqft
- Completed1-bed · 803 sqft 19 Jan 2026AED 730,000908 /sqft
- Completed724 sqft 14 Jan 2026AED 1,275,0001,760 /sqft
- Completed2-bed · 1,456 sqft 13 Jan 2026AED 1,280,000879 /sqft
- Completed1,449 sqft 02 Oct 2025AED 1,200,000828 /sqft
- Completed805 sqft 24 Sep 2025AED 700,000870 /sqft
- Completed1,426 sqft 09 Sep 2025AED 1,180,000827 /sqft
- Completed1-bed · 805 sqft 03 Jun 2025AED 646,000802 /sqft
- Completed1-bed · 906 sqft 09 May 2025AED 730,000806 /sqft
- Completed1-bed · 971 sqft 05 Mar 2025AED 690,000711 /sqft
Over the last 12 months, Park Terrace has recorded 4 apartment sales. Typical homes sold for around AED 1.04M (about AED 881 per sqft) with a median size of 1,178 sqft; most were one-beds, from roughly AED 730K to AED 1.28M.
Units in Park Terrace
94 units- Unit 1011-bed · 804 sqftSold AED 490K, Dec 2018
- Unit 102Studio · 486 sqftSold AED 510K, Jun 2017
- Unit 104Studio · 477 sqftSold AED 369K, Jun 2015
- Unit 105Studio · 477 sqftSold AED 355K, Jul 2024
- Unit 106Studio · 447 sqftSold AED 485K, Mar 2017
- Unit 1071-bed · 744 sqftSold AED 335K, Feb 2014
- Unit 1081-bed · 756 sqftSold AED 445K, Oct 2014
- Unit 1091-bed · 980 sqftSold AED 400K, Jun 2014
- Unit 1101-bed · 971 sqftSold AED 660K, Dec 2024
- Unit 111Studio · 484 sqftSold AED 359K, Mar 2014
Every unit in Park Terrace, by number
- 101
- 102
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 301
- 302
- 303
- 304
- 305
- 306
- 307
- 308
- 309
- 310
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 501
- 502
- 503
- 504
- 505
- 506
- 507
- 508
- 601
- 602
- 603
- 604
- 605
- 606
- 607
- 608
- 701
- 702
- 703
- 704
- 705
- 706
- 707
- 801
- 802
- 803
- 804
- 805
- 806
- 807
- 808
- 901
- 902
- 903
- 904
- 905
- 906
- 907
- 908
- 1001
- 1002
- 1003
- 1004
- 1005
- 1006
- 1007
- 1008
- 1101
- 1102
- 1103
- 1104
By type: studios (13), one-beds (48), two-beds (25), three-beds (4).
Nearby buildings in Dubai Silicon Oasis
All 75 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Apricot Building | 2011 | Few sales | ||
| Platinum Residences 1 | 2015 | AED 971 | AED 76 | 7.8% |
| Silicon Arch | 2009 | AED 1,031 | AED 68 | 6.6% |
| Oasis Star | 2011 | AED 957 | AED 50 | 5.2% |
| Altia One | 2025 | AED 1,538 | AED 106 | 6.9% |
| Jade Residence | 2009 | AED 1,776 | AED 78 | 4.4% |
| Aura Elegance | AED 1,319 | AED 89 | 6.7% | |
| Axis Silver 1 | 2015 | AED 986 | AED 74 | 7.5% |
| Oasis High Park | 2009 | AED 1,096 | AED 79 | 7.2% |
| Silicon Gates 4 | 2015 | AED 1,199 | AED 104 | 8.7% |
Park Terrace in numbers
- Across 4 DLD sales in the 12 months to February 2026, the median price in Park Terrace was AED 881 per sqft and the typical home sold for about AED 1.04M.
- Completed in 2010 by Madison Holdingo; 11 floors of studios to three-beds; service charge AED 13.33 per sqft a year.
- An one-bed of 486 to 980 sqft rents for AED 41,553 to 143,000 a year on the 14 contracts registered in the last 12 months.
- Gross rental yield 8.6%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 17 February 2026.
Questions about Park Terrace
How much does an one-bed in Park Terrace cost?
2 one-beds sold in the 12 months to February 2026; the median was AED 765,000, or AED 896 per sqft.
How much is an one-bed for rent in Park Terrace?
About AED 73,000 a year: that is the median of the 14 contracts for one-beds registered with Ejari in the 12 months to February 2026, from AED 41,553 to 143,000.
What is the rental yield in Park Terrace?
About 8.6% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in Park Terrace?
AED 13.33 per sqft a year. For a typical 1,178 sqft home that is about AED 15,700 a year.
Who built Park Terrace and when?
Madison Holdingo; completed in 2010; 11 floors; 94 apartments.
How many apartments are there in Park Terrace?
94, studios to three-beds. Each has its own page with its full sales and rental history.
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