1002, Park Terrace
Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Park Terrace
What is 1002 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,449 sqft
- Floor
- 10th of 11
- Parking
- B3/12
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,300 /yr
- Last sold
- AED 507K · May 2021
- Building
- Park Terrace
About 1002, Park Terrace
1002 is a two-bedroom apartment of 1,449 sqft on the 10th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 23 May 2021 for AED 507,167, or AED 350 per sqft, in line with the AED 350 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 85,000 a year: a gross yield of 16.8% on the 2021 price, before the service charge of about AED 19,300 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Terrace, and where 1002 sits
All 25 2-beds →1002 last sold in May 2021 at AED 350 per sqft, in line with what two-beds in Park Terrace were fetching at the time (AED 350). Over the last 12 months two-beds sold for AED 1,275,000 to 1,280,000, around AED 879 per sqft, and rent for AED 57,750 to 100,000 a year. 1002's AED 85,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202613 January 2026 | 1,456 sqft | 1,280,000 | 879 | ||
| 29 Apr 202429 April 2024 | 1,456 sqft | 800,000 | 549 | ||
| 16 Jan 202416 January 2024 | 1,456 sqft | 900,000 | 618 | ||
| 19 Sep 202319 September 2023 | 1,449 sqft | 840,000 | 579 |
Park Terrace
Building94 apartments, studios to 3-bed over 11 floors in Dubai Silicon Oasis, completed in 2010 by Madison Holdingo. 4 sold in the last 12 months.
- Typical price per sqft
- AED 881
- Typical sale
- AED 1.04M
- Typical rent
- AED 75K /yr
- Typical yield
- 8.6%
Other units on the 10th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 804 sqft | AED 547KAED 546,720 · Feb 2012February 2012 | 55,000 /yr | |
| 1003 | 2-bed | 1,426 sqft | AED 499KAED 499,105 · May 2021May 2021 | 96,338 /yr | |
| 1004 | 1-bed | 906 sqft | AED 450KAED 450,000 · Jul 2023July 2023 | 29,000 /yr | |
| 1005 | 1-bed | 906 sqft | AED 540KAED 540,000 · Jan 2024January 2024 | 49,613 /yr | |
| 1006 | 2-bed | 1,452 sqft | AED 508KAED 508,298 · May 2021May 2021 | 77,000 /yr | |
| 1007 | 2-bed | 1,456 sqft | AED 510KAED 509,616 · May 2021May 2021 | 105,000 /yr | |
| 1008 | 1-bed | 805 sqft | AED 547KAED 547,400 · Feb 2012February 2012 | 40,000 /yr |
1002, Park Terrace in numbers
- Sold twice: first on 9 July 2015 for AED 1,039,810, last on 23 May 2021 for AED 507,167 (AED 350 per sqft).
- Rented since July 2018 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2021 and recovered to AED 85,000 by August 2025.
- At AED 85,000 a year the gross yield on the 2021 price is 16.8%, before a service charge of about AED 19,300 a year (AED 13.33 per sqft).
- Two-beds in Park Terrace sold for AED 1,275,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 881 per sqft.
Source: Dubai Land Department. Updated 1 August 2025.
Questions about 1002, Park Terrace
What did unit 1002 last sell for?
AED 507,167 on 23 May 2021: AED 350 per sqft for 1,449 sqft. The unit has 2 registered sales; the first was AED 1,039,810 in July 2015.
What is the rent for unit 1002?
AED 85,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 85,000; the unit has been rented since July 2018.
How big is unit 1002?
1,449 sqft (134.6 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2010.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Terrace sold for AED 1,275,000 to 1,280,000 in the last 12 months, around AED 879 per sqft.
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Mortgage on 1002, Park Terrace
Starts from the last sale price (AED 507K, 23 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 507,167
- Deposit, UAE resident (20%)
- AED 101,433
- Deposit, non-resident (40%)
- AED 202,867
- Monthly over 25 years at 3.7%
- AED 2,075
Plus AED 26,311 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →