503, Park Terrace
Sold prices and rental history: sold once, by the developer in February 2012, 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 503, Park Terrace
What is 503 worth today?
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Source: Dubai Land Department. Updated 15 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,426 sqft
- Floor
- 5th of 11
- Parking
- B2/03,04
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,000 /yr
- Last sold
- AED 665K · February 2012
- Building
- Park Terrace
About 503, Park Terrace
503 is a two-bedroom apartment of 1,426 sqft on the 5th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. The developer sold it on 1 February 2012 for AED 665,000, or AED 466 per sqft.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 December 2023, is AED 75,000 a year: a gross yield of 11.3% on the 2012 price, before the service charge of about AED 19,000 a year.
Sales and rents for 503 over time
503 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 503 sits
All 25 2-beds →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. 503's AED 75,000 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 5th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 804 sqft | AED 470KAED 470,000 · May 2019May 2019 | 100,000 /yr | |
| 502 | 725 sqft | AED 1.28MAED 1,275,000 · Jan 2026January 2026 | 142,000 /yr | ||
| 504 | 1-bed | 906 sqft | AED 730KAED 730,000 · May 2025May 2025 | 80,000 /yr | |
| 505 | 1-bed | 906 sqft | AED 645KAED 645,000 · Oct 2024October 2024 | 55,000 /yr | |
| 506 | 2-bed | 1,452 sqft | AED 790KAED 790,000 · Nov 2022November 2022 | 73,000 /yr | |
| 507 | 2-bed | 1,456 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 120,000 /yr | |
| 508 | 805 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 78,000 /yr |
503, Park Terrace in numbers
- Sold once: by Madison Holdingo on 1 February 2012 for AED 665,000, or AED 466 per sqft.
- Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2022 and recovered to AED 75,000 by December 2023.
- At AED 75,000 a year the gross yield on the 2012 price is 11.3%, before a service charge of about AED 19,000 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 15 December 2023.
Questions about 503, Park Terrace
What did unit 503 last sell for?
AED 665,000 on 1 February 2012, sold by the developer: AED 466 per sqft for 1,426 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 75,000 a year on the contract signed on 15 December 2023. The previous contract, from December 2022, was AED 55,000; the unit has been rented since April 2014.
How big is unit 503?
1,426 sqft (132.5 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2010.
What is unit 503 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 503, Park Terrace
Starts from the last sale price (AED 665K, 1 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus AED 32,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →