Park Lane Tower, Business Bay

    Sold Prices · DLD Data

    Park Lane Tower

    Business Bay, Dubai · Business Bay

    AED 2,002

    Avg Price / sqft

    AED 954K

    Avg Sale Price

    15

    DLD Sales Recorded

    6.4%

    Est. Gross Yield

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    Market snapshot

    Park Lane Tower — the numbers

    Park Lane Tower is a residential building in Business Bay, Dubai with approximately 604 units. Dubai Land Department records show 15 sales in the building, at an average price of AED 954K — around AED 2,002 per square foot.

    Since January 2026, 15 sales completed in Park Lane Tower, with the average price per square foot moving from AED 1,996 to AED 1,736 (-13%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Park Lane Tower returns an estimated 6.4% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Park Lane Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Park Lane Tower

    Average sale price per sqft by month since January 2026-13%

    1,8102,0302,251Jan 26: AED 1,996/sqft · 3 salesJan 26Feb 26: AED 1,948/sqft · 6 salesFeb 26Mar 26: AED 2,324/sqft · 1 saleMar 26Apr 26: AED 1,904/sqft · 1 saleApr 26Jul 26: AED 2,127/sqft · 3 salesJul 26Aug 26: AED 1,736/sqft · 1 saleAug 26

    Unit types

    Prices by unit type

    Studio

    AED 520K

    AED 1,618/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    05 Aug 2026Sales-510AED 885KAED 1,736
    22 Jul 2026Sales-499AED 950KAED 1,904
    21 Jul 2026Sales-372AED 775KAED 2,084
    20 Jul 2026Sales-393AED 940KAED 2,394
    16 Apr 2026Sales-368AED 700KAED 1,904
    13 Mar 2026Sales-491AED 1.1MAED 2,324
    24 Feb 2026Sales-493AED 745KAED 1,511
    24 Feb 2026Sales-509AED 1.2MAED 2,281
    24 Feb 2026Sales-517AED 1.1MAED 2,031
    10 Feb 2026Sales-425AED 1.0MAED 2,355
    05 Feb 2026Sales0321AED 520KAED 1,618
    02 Feb 2026Sales-493AED 934KAED 1,894
    29 Jan 2026Sales-655AED 1.3MAED 1,917
    13 Jan 2026Sales-528AED 1.1MAED 2,045
    07 Jan 2026Sales-580AED 1.2MAED 2,026

    About the area

    Park Lane Tower is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

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    FAQ

    Park Lane Tower: frequently asked questions

    What is the average price in Park Lane Tower?

    The average recorded sale price in Park Lane Tower, Business Bay is AED 954K, around AED 2,002 per square foot, based on Dubai Land Department transaction data.

    Are prices in Park Lane Tower going up or down?

    Average sale prices in Park Lane Tower have eased -13% per square foot since January 2026, across 15 DLD-recorded sales.

    What rental yield can I expect in Park Lane Tower?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Park Lane Tower yields roughly 6.4% gross per year, before service charges and fees.

    How many properties have sold in Park Lane Tower?

    15 sales have been recorded in Park Lane Tower according to DLD data, across approximately 604 units.

    Considering Park Lane Tower?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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