408, Park Terrace
Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Park Terrace
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 4th of 11
- Parking
- B3/01,02
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,400 /yr
- Last sold
- AED 937K · July 2014
- Building
- Park Terrace
About 408, Park Terrace
408 is a two-bedroom apartment of 1,452 sqft on the 4th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. The developer sold it on 22 July 2014 for AED 936,540, or AED 644 per sqft, in line with the AED 644 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 1 February 2026, is AED 100,000 a year: a gross yield of 10.7% on the 2014 price, before the service charge of about AED 19,400 a year.
Sales and rents for 408 over time
408 has sold once; 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 408 sits
All 25 2-beds →408 last sold in July 2014 at AED 644 per sqft, in line with what two-beds in Park Terrace were fetching at the time (AED 644). 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. 408's AED 100,000 is at the top 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 4th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 804 sqft | AED 519KAED 518,580 · Jul 2014July 2014 | 41,580 /yr | |
| 402 | Studio | 477 sqft | AED 308KAED 307,665 · Aug 2014August 2014 | 143,000 /yr | |
| 403 | 1-bed | 971 sqft | AED 626KAED 626,295 · Aug 2014August 2014 | 30,000 /yr | |
| 404 | 1-bed | 971 sqft | AED 626KAED 626,295 · Aug 2014August 2014 | 30,000 /yr | |
| 405 | Studio | 452 sqft | AED 292KAED 291,540 · Aug 2014August 2014 | 39,000 /yr | |
| 406 | 1-bed | 906 sqft | AED 584KAED 584,370 · Jul 2014July 2014 | 47,250 /yr | |
| 407 | 1-bed | 906 sqft | AED 584KAED 584,370 · Jul 2014July 2014 | 143,000 /yr | |
| 409 | 2-bed | 1,456 sqft | AED 939KAED 939,120 · Jul 2014July 2014 | 66,000 /yr | |
| 410 | 1-bed | 805 sqft | AED 519KAED 519,225 · Aug 2014August 2014 | 43,900 /yr |
408, Park Terrace in numbers
- Sold once: by Madison Holdingo on 22 July 2014 for AED 936,540, or AED 644 per sqft.
- Rented since July 2014 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 100,000 by February 2026.
- At AED 100,000 a year the gross yield on the 2014 price is 10.7%, 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 1 February 2026.
Questions about 408, Park Terrace
What did unit 408 last sell for?
AED 936,540 on 22 July 2014, sold by the developer: AED 644 per sqft for 1,452 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 100,000 a year on the contract signed on 1 February 2026. The previous contract, from October 2025, was AED 72,000; the unit has been rented since July 2014.
How big is unit 408?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2010.
What is unit 408 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.
Selling 408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 408, Park Terrace
Starts from the last sale price (AED 937K, 22 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 936,540
- Deposit, UAE resident (20%)
- AED 187,308
- Deposit, non-resident (40%)
- AED 374,616
- Monthly over 25 years at 3.7%
- AED 3,832
Plus AED 44,345 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →