PARK CENTRAL

Ready

DeveloperDAMAC STAR PROPERTIES (L L C)

CommunityBusiness Bay

AreaBusiness Bay

Started

15 years 10 months ago01-03-2010

Handover

12 years 2 months ago20-11-2013

Status

CompleteFinished

Project Description

Park Central is a freehold residential & commercial development located in Business Bay area. The building consists of 2 Basement floors + Ground + 1 Parking + Health Club + 13 Typical Floors.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+7%

Growth

Current:AED 1,420/sqft

Last 12M:AED 1,328/sqft

Momentum: Last 12Mvs Prior Year

Rising

+14%

Growth

Last 12M:AED 1,328/sqft

Prior Year:AED 1,167/sqft

Community Compare: Last 90DBusiness Bay

Discount

-43%

Below Avg

Project:AED 1,420/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Moderate

15%Turnover

22Sold (Last 12M)

Supply & Demand Matrix

PARK CENTRAL averaged 15% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

46 units

8 sold38 left

17%

Velocity

1 Bedroom

52 units

9 sold43 left

17%

Velocity

2 Bedrooms

39 units

5 sold34 left

13%

Velocity

Shop

9 units

0 sold9 left

Velocity

Layouts & Units (146)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 3 units	Type Flat	Beds Studio	Size 458 sqft	Avg Price AED 612K	Last Price AED 650K	Last Sold 24 days ago	Sales 7

Units 804	Type Flat	Beds 1 B/R	Size 634 sqft	Avg Price AED 692K	Last Price AED 850K	Last Sold about 1 month ago	Sales 3

Units 4 units	Type Flat	Beds 2 B/R	Size 1,001 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold about 2 months ago	Sales 6

Units 4 units	Type Flat	Beds 2 B/R	Size 1,296 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 2 months ago	Sales 9

Units 3 units	Type Flat	Beds Studio	Size 454 sqft	Avg Price AED 619K	Last Price AED 660K	Last Sold 3 months ago	Sales 4

Units 2 units	Type Flat	Beds 1 B/R	Size 620 sqft	Avg Price AED 991K	Last Price AED 1.1M	Last Sold 3 months ago	Sales 5

Units 1607	Type Flat	Beds Studio	Size 377 sqft	Avg Price AED 563K	Last Price AED 600K	Last Sold 4 months ago	Sales 4

Units 6 units	Type Flat	Beds Studio	Size 339 sqft	Avg Price AED 513K	Last Price AED 650K	Last Sold 4 months ago	Sales 9

Units 4 units	Type Flat	Beds 1 B/R	Size 639 sqft	Avg Price AED 749K	Last Price AED 800K	Last Sold 4 months ago	Sales 8

Units 9 units	Type Flat	Beds 1 B/R	Size 686 sqft	Avg Price AED 804K	Last Price AED 750K	Last Sold 5 months ago	Sales 17

Units 5 units	Type Flat	Beds Studio	Size 439 sqft	Avg Price AED 631K	Last Price AED 640K	Last Sold 5 months ago	Sales 10

Units 405	Type Flat	Beds Studio	Size 324 sqft	Avg Price AED 511K	Last Price AED 625K	Last Sold 5 months ago	Sales 4

Units 5 units	Type Flat	Beds Studio	Size 443 sqft	Avg Price AED 584K	Last Price AED 600K	Last Sold 6 months ago	Sales 8

Units 5 units	Type Flat	Beds 1 B/R	Size 843 sqft	Avg Price AED 916K	Last Price AED 1.1M	Last Sold 7 months ago	Sales 6

Units 601	Type Flat	Beds 2 B/R	Size 1,302 sqft	Avg Price AED 1.6M	Last Price AED 1.4M	Last Sold 7 months ago	Sales 2

Units 303	Type Flat	Beds Studio	Size 1,060 sqft	Avg Price AED 953K	Last Price AED 1.2M	Last Sold 7 months ago	Sales 3

Units 4 units	Type Flat	Beds 1 B/R	Size 680 sqft	Avg Price AED 918K	Last Price AED 930K	Last Sold 10 months ago	Sales 8

Units 4 units	Type Flat	Beds 1 B/R	Size 631 sqft	Avg Price AED 734K	Last Price AED 790K	Last Sold 12 months ago	Sales 5

Units 302	Type Flat	Beds Studio	Size 839 sqft	Avg Price AED 838K	Last Price AED 890K	Last Sold about 1 year ago	Sales 3

Units 4 units	Type Flat	Beds 1 B/R	Size 866 sqft	Avg Price AED 1.0M	Last Price AED 925K	Last Sold about 1 year ago	Sales 7

Units 3 units	Type Flat	Beds 2 B/R	Size 1,030 sqft	Avg Price AED 1.1M	Last Price AED 878K	Last Sold about 1 year ago	Sales 4

Units 6 units	Type Flat	Beds Studio	Size 334 sqft	Avg Price AED 437K	Last Price AED 342K	Last Sold about 1 year ago	Sales 8

Units 2 units	Type Flat	Beds 1 B/R	Size 712 sqft	Avg Price AED 790K	Last Price AED 850K	Last Sold over 1 year ago	Sales 6

Units 709	Type Flat	Beds 2 B/R	Size 1,146 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 3

Units 9 units	Type Flat	Beds Studio	Size 450 sqft	Avg Price AED 651K	Last Price AED 610K	Last Sold over 1 year ago	Sales 17

Units 2 units	Type Flat	Beds 1 B/R	Size 689 sqft	Avg Price AED 930K	Last Price AED 930K	Last Sold over 1 year ago	Sales 1

Units 401	Type Flat	Beds 2 B/R	Size 1,391 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 6

Units 1501	Type Flat	Beds 2 B/R	Size 1,266 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold almost 2 years ago	Sales 4

Units 2 units	Type Flat	Beds 2 B/R	Size 1,142 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold almost 2 years ago	Sales 5

Units 1506	Type Flat	Beds 2 B/R	Size 1,092 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold almost 2 years ago	Sales 2

Units 4	Type Shop	Beds —	Size 461 sqft	Avg Price AED 930K	Last Price AED 800K	Last Sold almost 2 years ago	Sales 2

Units 706	Type Flat	Beds 2 B/R	Size 1,115 sqft	Avg Price AED 1.2M	Last Price AED 1.5M	Last Sold about 2 years ago	Sales 3

Units 304	Type Flat	Beds Studio	Size 856 sqft	Avg Price AED 753K	Last Price AED 625K	Last Sold about 2 years ago	Sales 2

Units 1	Type Shop	Beds —	Size 1,078 sqft	Avg Price AED 920K	Last Price AED 920K	Last Sold over 3 years ago	Sales 1

Units 1409	Type Flat	Beds 2 B/R	Size 1,033 sqft	Avg Price AED 837K	Last Price AED 500K	Last Sold almost 5 years ago	Sales 2

Units 403	Type Flat	Beds 1 B/R	Size 938 sqft	Avg Price AED 892K	Last Price AED 590K	Last Sold over 5 years ago	Sales 2

Units 6	Type Shop	Beds —	Size 571 sqft	Avg Price AED 750K	Last Price AED 750K	Last Sold over 5 years ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 668 sqft	Avg Price AED 954K	Last Price AED 650K	Last Sold about 6 years ago	Sales 4

Units 3 units	Type Flat	Beds 2 B/R	Size 1,024 sqft	Avg Price AED 1.1M	Last Price AED 1.0M	Last Sold over 6 years ago	Sales 5

Units 501	Type Flat	Beds 2 B/R	Size 1,423 sqft	Avg Price AED 1.2M	Last Price AED 930K	Last Sold over 6 years ago	Sales 2

Units 1503	Type Flat	Beds 1 B/R	Size 823 sqft	Avg Price AED 875K	Last Price AED 750K	Last Sold over 6 years ago	Sales 2

Units 1509	Type Flat	Beds 2 B/R	Size 1,074 sqft	Avg Price AED 1.1M	Last Price AED 1.0M	Last Sold almost 7 years ago	Sales 2

Units 1507	Type Flat	Beds Studio	Size 384 sqft	Avg Price AED 653K	Last Price AED 450K	Last Sold over 7 years ago	Sales 2

Units 503	Type Flat	Beds 1 B/R	Size 955 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold about 8 years ago	Sales 2

Units 3 units	Type Flat	Beds 2 B/R	Size 1,059 sqft	Avg Price AED 1.1M	Last Price AED 900K	Last Sold over 8 years ago	Sales 4

Units 9	Type Shop	Beds —	Size 311 sqft	Avg Price AED 800K	Last Price AED 800K	Last Sold about 9 years ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 702 sqft	Avg Price AED 893K	Last Price AED 1.1M	Last Sold over 9 years ago	Sales 3

Units 4 units	Type Flat	Beds 2 B/R	Size 1,324 sqft	Avg Price AED 1.6M	Last Price AED 1.8M	Last Sold about 10 years ago	Sales 6

Units 1609	Type Flat	Beds 2 B/R	Size 969 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold about 10 years ago	Sales 1

Units 8	Type Shop	Beds —	Size 704 sqft	Avg Price AED 1.3M	Last Price AED 750K	Last Sold almost 11 years ago	Sales 2

Units 7	Type Shop	Beds —	Size 247 sqft	Avg Price AED 605K	Last Price AED 585K	Last Sold about 11 years ago	Sales 2

Units 509	Type Flat	Beds 2 B/R	Size 1,158 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 11 years ago	Sales 1

Units 306	Type Flat	Beds Studio	Size 400 sqft	Avg Price AED 678K	Last Price AED 750K	Last Sold over 11 years ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 738 sqft	Avg Price AED 1.0M	Last Price AED 1.3M	Last Sold over 11 years ago	Sales 2

Units 506	Type Flat	Beds 2 B/R	Size 1,110 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 11 years ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 1,094 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold almost 12 years ago	Sales 1

Units 502	Type Flat	Beds 1 B/R	Size 706 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1603	Type Flat	Beds 1 B/R	Size 818 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1606	Type Flat	Beds 2 B/R	Size 991 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1601	Type Flat	Beds 2 B/R	Size 1,262 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 305	Type Flat	Beds Studio	Size 622 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 301	Type Flat	Beds Studio	Size 885 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5	Type Shop	Beds —	Size 546 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2	Type Shop	Beds —	Size 700 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3	Type Shop	Beds —	Size 788 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

65 unique layouts covering 146 units