703, Park Terrace
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Park Terrace
What is 703 worth today?
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Source: Dubai Land Department. Updated 16 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,426 sqft
- Floor
- 7th of 11
- Parking
- B3/14
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,000 /yr
- Last sold
- AED 1.19M · April 2014
- Building
- Park Terrace
About 703, Park Terrace
703 is a two-bedroom apartment of 1,426 sqft on the 7th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. The developer sold it on 16 April 2014 for AED 1,190,000, or AED 834 per sqft, 69% above the AED 494 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 16 September 2025, is AED 70,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 19,000 a year.
Sales and rents for 703 over time
703 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 703 sits
All 25 2-beds →703 last sold in April 2014 at AED 834 per sqft, 69% above what two-beds in Park Terrace were fetching at the time (AED 494). 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. 703's AED 70,000 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 7th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 804 sqft | AED 480KAED 480,000 · Dec 2019December 2019 | 49,866 /yr | |
| 702 | 2-bed | 1,449 sqft | AED 840KAED 840,000 · Sep 2023September 2023 | 56,000 /yr | |
| 704 | 1-bed | 906 sqft | AED 650KAED 650,000 · Jan 2025January 2025 | 62,000 /yr | |
| 705 | 1-bed | 906 sqft | AED 800KAED 800,000 · Feb 2026February 2026 | ||
| 706 | 2-bed | 1,452 sqft | AED 960KAED 959,772 · May 2010May 2010 | 60,500 /yr | |
| 707 | 2-bed | 1,456 sqft | AED 800KAED 800,000 · Apr 2024April 2024 | 95,000 /yr |
703, Park Terrace in numbers
- Sold once: by Madison Holdingo on 16 April 2014 for AED 1,190,000, or AED 834 per sqft.
- Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2020 and recovered to AED 70,000 by September 2025.
- At AED 70,000 a year the gross yield on the 2014 price is 5.9%, 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 16 September 2025.
Questions about 703, Park Terrace
What did unit 703 last sell for?
AED 1,190,000 on 16 April 2014, sold by the developer: AED 834 per sqft for 1,426 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 70,000 a year on the contract renewed on 16 September 2025. The previous contract, from September 2024, was AED 65,000; the unit has been rented since December 2016.
How big is unit 703?
1,426 sqft (132.5 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2010.
What is unit 703 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 703, Park Terrace
Starts from the last sale price (AED 1.19M, 16 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus AED 54,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →