Park Lane Tower property prices & sales
Park Lane Tower at a glance written from registered records
Park Lane Tower recorded 39 registered sales in the last 12 months, worth AED 42.79M in total. The median price was AED 2,010 per sq ft, up 21.3% on the previous 12 months, and the median sale price was AED 1.00M. 10.3% of these sales were off-plan and 89.7% were ready properties. Across 290 rental contracts registered in the same period, the median annual rent was AED 80,000, an indicative gross yield of 8.0%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 25 | 2,045 | AED 1.05M |
| 2025 | 85 | 1,655 | AED 806,000 |
| 2024 | 64 | 1,471 | AED 800,000 |
| 2023 | 64 | 1,227 | AED 570,000 |
| 2022 | 68 | 820 | AED 400,000 |
| 2021 | 20 | 887 | AED 461,682 |
| 2020 | 13 | 705 | AED 359,559 |
| 2019 | 53 | 752 | AED 350,000 |
| 2018 | 31 | 800 | AED 425,000 |
| 2017 | 133 | 878 | AED 429,827 |
| 2016 | 77 | 2,055 | AED 738,512 |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Office | 114 | AED 712,500 | AED 887,500 | AED 1.16M | 1,883 | 509 sq ft |
| Studio | 11 | AED 199,540 | AED 225,965 | AED 352,500 | 620 | 321 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-10-01 | Unit | Office | Park Lane | 863 | AED 2,000,000 | 2,317 |
| 2026-09-30 | Unit | Office | Park Lane | 687 | AED 1,166,000 | 1,696 |
| 2026-09-29 | Unit | Office | Park Lane | 714 | AED 1,042,245 | 1,459 |
| 2026-09-24 | Unit | Office | Park Lane | 537 | AED 1,080,000 | 2,010 |
| 2026-09-24 | Unit | Office | Park Lane | 377 | AED 865,000 | 2,293 |
| 2026-08-19 | Unit | Office | Park Lane | 256 | AED 640,000 | 2,502 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Park Lane Tower
What is the average price per sq ft in Park Lane Tower?
Over the last 12 months the median registered sale price in Park Lane Tower was AED 2,010 per sq ft (+21.3% year on year).
What is the rental yield in Park Lane Tower?
Comparing the median annual rent (AED 80,000) with the median sale price (AED 1,000,000) over the last 12 months gives an indicative gross yield of 8.0%.
How many properties sold in Park Lane Tower in the last 12 months?
39 sales were registered in the last 12 months, 10.3% of them off-plan.
What is the average rent in Park Lane Tower?
The median annual rent across 290 contracts registered in the last 12 months was AED 80,000.
Comparables in Business Bay 12m
Park Lane Tower ranks #76 of 130 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Lumena Alta by Omniyat | 147 | 6,131 |
| HQ by ROVE | 329 | 4,674 |
| burj capital | 140 | 3,661 |
| Avarra by Palace | 155 | 3,490 |
| Binghatti Skyrise | 392 | 2,938 |
| One by Binghatti | 208 | 2,938 |
| Peninsula Three | 169 | 2,654 |
| Binghatti Aquarise | 577 | 2,625 |
| Peninsula Four | 212 | 2,515 |
| Tiger Sky Tower | 171 | 2,394 |
| Binghatti Skyhall | 228 | 2,364 |
| Park Lane Tower | 39 | 2,010 |
| Damac Towers By Paramount | 151 | 1,489 |
Project record
| Developer | The Developer Properties L.L.C |
| Status | Finished |
| Completion | 100% |
| Handover | 2016-03-08 |
| Units | 604 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
