1006, Park Terrace
Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Park Terrace
What is 1006 worth today?
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Source: Dubai Land Department. Updated 18 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 10th of 11
- Parking
- B3/07,08
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,400 /yr
- Last sold
- AED 508K · May 2021
- Building
- Park Terrace
About 1006, Park Terrace
1006 is a two-bedroom apartment of 1,452 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 508,298, 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 2013 on 10 Ejari contracts. The current contract, renewed on 18 January 2025, is AED 77,000 a year: a gross yield of 15.2% on the 2021 price, before the service charge of about AED 19,400 a year.
Sales and rents for 1006 over time
1006 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 1006 sits
All 25 2-beds →1006 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. 1006's AED 77,000 is in the lower 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 | |
| 1002 | 2-bed | 1,449 sqft | AED 507KAED 507,167 · May 2021May 2021 | 85,000 /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 | |
| 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 |
1006, Park Terrace in numbers
- Sold twice: first on 9 July 2015 for AED 1,081,880, last on 23 May 2021 for AED 508,298 (AED 350 per sqft).
- Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 77,000 by January 2025.
- At AED 77,000 a year the gross yield on the 2021 price is 15.2%, before a service charge of about AED 19,400 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 18 January 2025.
Questions about 1006, Park Terrace
What did unit 1006 last sell for?
AED 508,298 on 23 May 2021: AED 350 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,081,880 in July 2015.
What is the rent for unit 1006?
AED 77,000 a year on the contract renewed on 18 January 2025. The previous contract, from January 2024, was AED 70,000; the unit has been rented since June 2013.
How big is unit 1006?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2010.
What is unit 1006 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 1006, Park Terrace
Starts from the last sale price (AED 508K, 23 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 508,298
- Deposit, UAE resident (20%)
- AED 101,660
- Deposit, non-resident (40%)
- AED 203,319
- Monthly over 25 years at 3.7%
- AED 2,080
Plus AED 26,359 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →