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Studio · 484 sqftPark Terrace, Dubai Silicon Oasis · 1st floor · completed 2010

111, Park Terrace

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 25 January 2025
Last soldAED 359K27 March 2014
Current rentAED 55K /yr25 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 111, Park Terrace

What is 111 worth today?

Last sold for AED 359,440 in 2014

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25 Jan 2025RentedRenewal
AED 55,000/yr12 months · AED 76 per sqft
1 Dec 2024RentedRenewal
AED 30,000/yr12 months · AED 62 per sqft
25 Jan 2024RentedRenewal
AED 55,000/yr12 months · AED 76 per sqft
1 Dec 2023RentedRenewal
AED 26,000/yr12 months · AED 54 per sqft
25 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 76 per sqft
1 Dec 2022RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
1 Jul 2021RentedRenewal
AED 21,000/yr14 months · AED 43 per sqft
1 Jul 2020RentedNew contract
AED 22,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 25 January 2025.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
1st of 11
Parking
B1/11
Developer
Madison Holdingo
Completed
2010
Service charge
AED 6,500 /yr
Last sold
AED 359K · March 2014
Building
Park Terrace

About 111, Park Terrace

111 is a studio of 484 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 27 March 2014 for AED 359,440, or AED 742 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 January 2025, is AED 55,000 a year: a gross yield of 15.3% on the 2014 price, before the service charge of about AED 6,500 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical studio in Park Terrace
350K400K2010201220142016Typical sale price by year: 2010 AED 341,963; 2014 AED 359,440; 2015 AED 400,000Sold by developer, January 2014: AED 359,440 (AED 742 per sqft)Sold, March 2014: AED 359,440 (AED 742 per sqft)

111 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 111, each contractTypical studio in Park Terrace
50K2013201720212025Typical rent by year: 2013 AED 30,500; 2015 AED 48,500; 2017 AED 43,000; 2018 AED 37,500; 2019 AED 33,400; 2020 AED 25,500; 2021 AED 21,500; 2022 AED 30,000; 2023 AED 77,000; 2024 AED 38,000; 2025 AED 51,996New contract, June 2013: AED 33,000 a yearNew contract, June 2014: AED 33,000 a yearRenewal, June 2015: AED 36,000 a yearNew contract, April 2019: AED 27,000 a yearNew contract, July 2020: AED 22,000 a yearRenewal, July 2021: AED 21,000 a yearNew contract, December 2022: AED 24,000 a yearNew contract, January 2023: AED 55,000 a yearRenewal, December 2023: AED 26,000 a yearRenewal, January 2024: AED 55,000 a yearRenewal, December 2024: AED 30,000 a yearRenewal, January 2025: AED 55,000 a year

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 111 sits

All 13 studios →

111's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jul 2024355,000
6 Jun 2017510,000
28 Mar 2017485,000
3 Sep 2015420,000
0 studio sales in the last 12 months

Park Terrace

Building

94 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%
Park Terrace, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 94 units in Park Terrace
Value
1011-bedAED 490K · Dec 2018
102StudioAED 510K · Jun 2017
104StudioAED 369K · Jun 2015
105StudioAED 355K · Jul 2024
106StudioAED 485K · Mar 2017
1071-bedAED 335K · Feb 2014
1081-bedAED 445K · Oct 2014
1–7 of 10

111, Park Terrace in numbers

  • Sold twice: first on 7 January 2014 for AED 359,440, last on 27 March 2014 for AED 359,440 (AED 742 per sqft).
  • Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 33,000 to AED 21,000 in 2021 and recovered to AED 55,000 by January 2025.
  • At AED 55,000 a year the gross yield on the 2014 price is 15.3%, before a service charge of about AED 6,500 a year (AED 13.33 per sqft).

Source: Dubai Land Department. Updated 25 January 2025.

Questions about 111, Park Terrace

What did unit 111 last sell for?

AED 359,440 on 27 March 2014: AED 742 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 359,440 in January 2014.

What is the rent for unit 111?

AED 55,000 a year on the contract renewed on 25 January 2025. The previous contract, from December 2024, was AED 30,000; the unit has been rented since June 2013.

How big is unit 111?

484 sqft (45.0 sqm): a studio on the 1st floor of a 11-storey tower completed in 2010.

What is unit 111 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 111, Park Terrace

Starts from the last sale price (AED 359K, 27 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 359,440
Deposit, UAE resident (20%)
AED 71,888
Deposit, non-resident (40%)
AED 143,776
Monthly over 25 years at 3.7%
AED 1,471

Plus AED 18,007 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →