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2-bed · 1,456 sqftPark Terrace, Dubai Silicon Oasis · 7th floor · completed 2010

707, Park Terrace

Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 800K29 April 2024
Current rentAED 95K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Park Terrace

What is 707 worth today?

Last sold for AED 800,000 in 2024

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1 Aug 2025RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
29 Apr 2024SoldReady
AED 800,000AED 549 per sqft
21 Jan 2019SoldReady
AED 915,000AED 628 per sqft
23 Jul 2014Sold by developerReady
AED 1,200,000AED 824 per sqft
6 Apr 2014RentedNew contract
AED 70,000/yr12 months · AED 48 per sqft
6 Apr 2013RentedNew contract
AED 57,500/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,456 sqft
Floor
7th of 11
Parking
B3/16
Developer
Madison Holdingo
Completed
2010
Service charge
AED 19,400 /yr
Last sold
AED 800K · April 2024
Building
Park Terrace

About 707, Park Terrace

707 is a two-bedroom apartment of 1,456 sqft on the 7th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 29 April 2024 for AED 800,000, or AED 549 per sqft, 5% below the AED 579 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 August 2025, is AED 95,000 a year: a gross yield of 11.9% on the 2024 price, before the service charge of about AED 19,400 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical two-bed in Park Terrace
500K1M2010201420182022Typical sale price by year: 2010 AED 944,525; 2014 AED 939,120; 2015 AED 1,071,875; 2021 AED 507,167Sold by developer, July 2014: AED 1,200,000 (AED 824 per sqft)Sold, January 2019: AED 915,000 (AED 628 per sqft)Sold, April 2024: AED 800,000 (AED 549 per sqft)

707 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 707, each contractTypical two-bed in Park Terrace
50K75K100K2013201720212025Typical rent by year: 2013 AED 63,500; 2014 AED 69,125; 2015 AED 83,500; 2016 AED 85,000; 2017 AED 80,004; 2018 AED 78,000; 2019 AED 72,000; 2020 AED 61,000; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 67,000; 2024 AED 74,000; 2025 AED 85,000New contract, April 2013: AED 57,500 a yearNew contract, April 2014: AED 70,000 a yearNew contract, August 2025: AED 95,000 a year

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 707 sits

All 25 2-beds →

707 last sold in April 2024 at AED 549 per sqft, 5% below what two-beds in Park Terrace were fetching at the time (AED 579). 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. 707's AED 95,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jan 20261,280,000
16 Jan 2024900,000
19 Sep 2023840,000
21 Nov 2022790,000
2 2-bed 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 7th floor

All 94 units in Park Terrace
Value
7011-bedAED 480K · Dec 2019
7022-bedAED 840K · Sep 2023
7032-bedAED 1.19M · Apr 2014
7041-bedAED 650K · Jan 2025
7051-bedAED 800K · Feb 2026
7062-bedAED 960K · May 2010

707, Park Terrace in numbers

  • Sold 3 times: first on 23 July 2014 for AED 1,200,000, last on 29 April 2024 for AED 800,000 (AED 549 per sqft).
  • Rented since April 2013 on 3 Ejari contracts, from AED 57,500 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 11.9%, 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 August 2025.

Questions about 707, Park Terrace

What did unit 707 last sell for?

AED 800,000 on 29 April 2024: AED 549 per sqft for 1,456 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in July 2014.

What is the rent for unit 707?

AED 95,000 a year on the contract signed on 1 August 2025. The previous contract, from April 2014, was AED 70,000; the unit has been rented since April 2013.

How big is unit 707?

1,456 sqft (135.3 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2010.

What is unit 707 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 707, Park Terrace

Starts from the last sale price (AED 800K, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →