106, Park Terrace
Sold prices and rental history: sold 3 times, last in March 2017, 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 106, Park Terrace
What is 106 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 447 sqft
- Floor
- 1st of 11
- Parking
- B1/06
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 6,000 /yr
- Last sold
- AED 485K · March 2017
- Building
- Park Terrace
About 106, Park Terrace
106 is a studio of 447 sqft on the 1st floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 28 March 2017 for AED 485,000, or AED 1,084 per sqft.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 25 November 2024, is AED 160,000 a year: a gross yield of 33.0% on the 2017 price, before the service charge of about AED 6,000 a year.
Sales and rents for 106 over time
106 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Park Terrace, and where 106 sits
All 13 studios →106's AED 160,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20249 July 2024 | 477 sqft | 355,000 | 744 | ||
| 6 Jun 20176 June 2017 | 486 sqft | 510,000 | 1,049 | ||
| 3 Sep 20153 September 2015 | 477 sqft | 420,000 | 880 | ||
| 24 Jun 201524 June 2015 | 477 sqft | 369,130 | 773 |
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 1st floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 804 sqft | AED 490KAED 490,000 · Dec 2018December 2018 | 75,000 /yr | |
| 102 | Studio | 486 sqft | AED 510KAED 510,000 · Jun 2017June 2017 | 121,175 /yr | |
| 104 | Studio | 477 sqft | AED 369KAED 369,130 · Jun 2015June 2015 | 90,000 /yr | |
| 105 | Studio | 477 sqft | AED 355KAED 355,000 · Jul 2024July 2024 | 80,000 /yr | |
| 107 | 1-bed | 744 sqft | AED 335KAED 334,800 · Feb 2014February 2014 | 51,750 /yr | |
| 108 | 1-bed | 756 sqft | AED 445KAED 445,000 · Oct 2014October 2014 | 103,000 /yr | |
| 109 | 1-bed | 980 sqft | AED 400KAED 400,000 · Jun 2014June 2014 | 60,000 /yr | |
| 110 | 1-bed | 971 sqft | AED 660KAED 660,000 · Dec 2024December 2024 | 73,000 /yr | |
| 111 | Studio | 484 sqft | AED 359KAED 359,440 · Mar 2014March 2014 | 55,000 /yr | |
| 112 | 1-bed | 805 sqft | AED 646KAED 646,000 · Jun 2025June 2025 | 70,000 /yr |
106, Park Terrace in numbers
- Sold 3 times: first on 25 July 2010 for AED 341,725, last on 28 March 2017 for AED 485,000 (AED 1,084 per sqft).
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 26,000 to AED 20,000 in 2021 and recovered to AED 160,000 by November 2024.
- At AED 160,000 a year the gross yield on the 2017 price is 33.0%, before a service charge of about AED 6,000 a year (AED 13.33 per sqft).
Source: Dubai Land Department. Updated 25 November 2024.
Questions about 106, Park Terrace
What did unit 106 last sell for?
AED 485,000 on 28 March 2017: AED 1,084 per sqft for 447 sqft. The unit has 3 registered sales; the first was AED 341,725 in July 2010.
What is the rent for unit 106?
AED 160,000 a year on the contract signed on 25 November 2024. The previous contract, from November 2023, was AED 105,000; the unit has been rented since September 2013.
How big is unit 106?
447 sqft (41.5 sqm): a studio on the 1st floor of a 11-storey tower completed in 2010.
What is unit 106 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 106, Park Terrace
Starts from the last sale price (AED 485K, 28 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus AED 23,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →