507, Park Terrace
Sold prices and rental history: sold twice, last in January 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Park Terrace
What is 507 worth today?
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Source: Dubai Land Department. Updated 5 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,456 sqft
- Floor
- 5th of 11
- Parking
- B2/09,10
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,400 /yr
- Last sold
- AED 900K · January 2024
- Building
- Park Terrace
About 507, Park Terrace
507 is a two-bedroom apartment of 1,456 sqft on the 5th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 16 January 2024 for AED 900,000, or AED 618 per sqft.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 120,000 a year: a gross yield of 13.3% on the 2024 price, before the service charge of about AED 19,400 a year.
Sales and rents for 507 over time
507 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 507 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. 507's AED 120,000 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 | ||
| 19 Sep 202319 September 2023 | 1,449 sqft | 840,000 | 579 | ||
| 21 Nov 202221 November 2022 | 1,452 sqft | 790,000 | 544 |
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 | ||
| 503 | 2-bed | 1,426 sqft | AED 665KAED 665,000 · Feb 2012February 2012 | 75,000 /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 | |
| 508 | 805 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 78,000 /yr |
507, Park Terrace in numbers
- Sold twice: first on 8 September 2013 for AED 720,000, last on 16 January 2024 for AED 900,000 (AED 618 per sqft).
- Rented since March 2023 on 3 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 13.3%, 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 5 March 2025.
Questions about 507, Park Terrace
What did unit 507 last sell for?
AED 900,000 on 16 January 2024: AED 618 per sqft for 1,456 sqft. The unit has 2 registered sales; the first was AED 720,000 in September 2013.
What is the rent for unit 507?
AED 120,000 a year on the contract renewed on 5 March 2025. The previous contract, from March 2024, was AED 120,000; the unit has been rented since March 2023.
How big is unit 507?
1,456 sqft (135.3 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2010.
What is unit 507 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 507, Park Terrace
Starts from the last sale price (AED 900K, 16 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →