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Park Central rent: what tenants really pay

Rent in Park Central, Business Bay: Studio AED 60,000, 1-bed AED 72,000 a year. These are medians of 69 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 130, against AED 136 across Business Bay. About 86 homes here are advertised for rent now.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method

James Paul Booth
The agent's view
“Park Central: value at AED 130 a sq ft against the Business Bay median of 136. Lots of homes are on the market; offer at the signed figure, not the advert. Ask the agent what the last tenant signed, then use the table below.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
A tenant takes the keys to a new flat at the door
Signed, not advertised

Know the rent before you sign

What tenants in this building really paid, what landlords ask, and how hard to push.

CompletedFirst leased 2024

What the leases say about Park Central

  1. Per sq ft, a Studio here costs 4% less than the Business Bay median: AED 130 against AED 136. It is number 16 of 47 Business Bay buildings, cheapest first.
  2. New Studio tenants pay AED 60,000, renewing tenants AED 52,000.
  3. New-lease rent per sq ft held on the year, to AED 109 a sq ft.
  4. About 86 homes are advertised for rent against 69 leases signed in a year: a lot of choice, so there is room to negotiate.
  5. 19 leases end in the next 60 days, so more homes may become available soon.

Rent in Park Central by bedrooms

AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.

HomeNew leaseRenewalAskingSize sq ftAED / sq ftLeases
Studio60,00052,00060,00044313027
1-bed72,000–68,99968610127

Where Park Central is, and the buildings around it

We do not hold the exact position of Park Central yet; the map shows Business Bay.

Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.

Finding

New-lease rent per sq ft in Park Central held on the year.

Median new lease, AED a sq ft, by quarter

AED 109 a sq ft in the 12 months to 15 Oct 2026, against AED 109 the year before. Quarters with fewer than 10 new leases are left out of the chart.

Supply

19 leases in Park Central end in the next 60 days.

Leases ending soon: homes that may become available

Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.

Compare: other Business Bay buildings, Studio

BuildingNew leaseSize sq ftAED / sq ftLeases
Merano Tower60,00033416863
Ag Tower60,000524117181
The Cosmopolitan60,000491131139
Water's Edge60,50048113634
Aykon City 258,68442713988
Majestine58,000479120182
Regalia62,50044114016
Safeer Tower 156,00045512863

Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →

Questions

How much is rent in Park Central?

Rent in Park Central, Business Bay: Studio AED 60,000, 1-bed AED 72,000 a year. These are medians of 69 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 130, against AED 136 across Business Bay. About 86 homes here are advertised for rent now.

How much is a studio in Park Central?

The median rent for a new Studio lease in Park Central is AED 60,000 a year (AED 5,000 a month). The median size is 443 sq ft. This is from 15 new leases, 16 Oct 2025–15 Oct 2026.

How much is a 1 bedroom in Park Central?

The median rent for a new 1-bed lease in Park Central is AED 72,000 a year (AED 6,000 a month). The median size is 686 sq ft. This is from 17 new leases, 16 Oct 2025–15 Oct 2026.

Is it cheaper to renew or move in Park Central?

For a Studio, new tenants pay a median AED 60,000 and renewing tenants AED 52,000.

Is rent going up in Park Central?

Rent per sq ft on new leases in Park Central: AED 109 in the 12 months to 15 Oct 2026, against AED 109 the year before.

What are the alternatives to Park Central in Business Bay?

Similar rent for a Studio: Merano Tower AED 60,000, Ag Tower AED 60,000, The Cosmopolitan AED 60,000, Water's Edge AED 60,500.

How we worked it out, and the limits

Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.

This building. Leases are matched by the Ejari project name "PARK CENTRAL". 69 leases 16 Oct 2025–15 Oct 2026, 40 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.

Full method: What the leases say → · Checking a rent rise? Rent increase calculator →

Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.

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