ReadyPark Central, Business Bay
HIGHLIGHTS
About Park Central
Park Central is a 16-storey residential tower in Business Bay developed by DAMAC Properties. Park Central offers 120 residential units categorised into studio, 1 and 2-bedroom apartments.
Business Bay Park Central also has a furnished gymnasium, a large swimming pool and retail options on the ground floor. DAMAC Park Central is close to Al Asayel Street, Al Khaleej Al Tejari 2 Street and Marasi Drive.
IN A NUTSHELL
- Type of building: Residential
- Location: Business Bay
- Developer: DAMAC Properties
- Number of floors: 16
- Number of units: 120 units
- Unit type: Studios, 1 and 2-bedroom apartment
- Type of ownership: Freehold
- Amenities: Gymnasium, swimming pool and kid’s play area
BUILDING DETAILS
Facilities in Park Central
Parking
There is sufficient underground parking in Park Central Business Bay. However, visitors may have to use public parking spaces outside the tower.
Elevator
There are multiple high-speed elevators in Park Central Business Bay.
Security, Central Air-Conditioning and Maintenance Services
DAMAC Park Central has 24-hour security available, consisting of security guards and a CCTV surveillance system. DEWA supplies electricity and water to this tower.
Event Space
The tower features a barbecue area which can be used for small parties. For kids, there is a secureplay area inside Park Central Business Bay.
Gym and Fitness Centre
Residents can find a well-equipped gym in DAMAC Park Central. The building also has a rooftop swimming pool with poolside furniture. The tower’s health club includes steam and sauna rooms.
Lifestyle Amenities
There is also a landscaped garden on the rooftop, an outdoor café, leisure facilities, and retail outlets on the ground floor.
Concierge and Guest Services
Park Central Business Bay has friendly staff at the front desk. There is a small lobby on the ground floor of the building.
Safety Features
Park Central Business Bay features a safety system, which includes smoke alarms, installed in all the apartments and common-use spaces.
Park Central Floor Plans
Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. Residents and investors can find the unit and bed types by browsing Park Central floor plans.
Apartment Types in Park Central
Apartment types in Park Central Business Bay include studio, 1 and 2-bedroom units.
Studio Apartments in Park Central
Studio apartments in Park Central Business Bay feature a sleeping area, an open kitchen and a bathroom. These units cover around 500 sq. ft.
1-Bedroom Apartments in Park Central
1-bedroom apartments in Park Central Business Bay cover 643 sq. ft. to 990 sq. ft. These units come with a master bedroom, an en-suite bathroom, a powder room, a balcony and a separate kitchen. These units are equipped with large windows which offer a great view of the surrounding.
2-Bedroom Apartments in Park Central
2-bedroom apartments in Park Central Business Bay cover 1,266 sq. ft. These apartments come with a master bedroom, two en-suite bathrooms, two dressing areas, a large living area, a kitchen, a powder room and a dining area. Some units also come with a balcony.
Most Popular Apartment Types in Park Central
According to Bayut, 1-bed apartments in Park Central enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot. Studio apartments take up the third position on the list.
Rental Trends in Park Central
Sales Trends in Park Central
Service Charges in Park Central
| GENERAL FUND | PRICE PER SQ. FT. IN AED |
|---|---|
| Services General upkeep of the building |
3.77 |
| Maintenance General repairs and replacements |
5.07 |
| Utilities Services Charges for using DEWA/district cooling facilities and meters |
6.22 |
| Management Services Owner’s association charges for managing the property |
1.50 |
| Insurance Charge for the insurance of the building |
0.41 |
| Master Community Fees for communal facilities in the neighbourhood |
0.75 |
| Adjustment The difference between the estimated amount charged the previous year vs the actual amount spent |
0.48 |
| Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
1.41 |
| Income A credit or debit charge |
1.41 |
| Total | 21.02 |
These figures are based on the services charges for DAMAC Park Central* as per the Dubai Land Department. There are many different types of Dubai service charges. Read up on the service charges guide if you are interested in buying a property in Dubai.
*These charges are subject to change.
NEARBY AMENITIES
Transportation near Park Central
Public transportation near DAMAC Park Central includes the metro, taxis and buses.
Bus Stops near Park Central
Capital Golden Tower Bus stop is a 7-minute walk from the residential building.
Metro Stations near Park Central
Metro stations near DAMAC Park Central Business Bay include:
- Business Bay Metro Station (5 minutes away)
- Burj Khalifa Metro Station (5 minutes away)
- Financial Centre Metro Station (6 minutes away)
Rental Trends in Park Central
2-bedroom flats offer the highest ROI in Park Central of 8.31%. 1-bed apartments generate about 7.36% return on investment.
The nearest Dubai Metro station is Business Bay. Residents can also use Uber and taxi services to travel around.
Restaurants near Park Central
Park Central is surrounded by some of the best restaurants in Business Bay, including:
- Bombay Brasserie (6 minutes away)
- Mama’esh (7 minutes away)
- Long Teng Seafood Restaurant (7 minutes away)
Bombay Brasserie, a famous Pakistani restaurant, is about 5 minutes away.
Another Middle Eastern specialist is Mama’esh, which serves a wide range of dishes. Famous dishes of this restaurant include Nutella Cookie, Cheese Fatayer, Flatbreads and Zataar.
For seafood lovers, Long Teng Seafood Restaurant is just 7 minutes away from DAMAC Park Central Business Bay. This casual dining eatery also serves Chinese dishes to its customers. Visitors love its elegant décor and peaceful atmosphere. Popular dishes at this eatery include Cantonese Food, Dimsum, Kung Pao Chicken, Egg Fried Rice and Lobsters.
Supermarkets near Park Central
DAMAC Park Central features a supermarket on the ground floor named Loft Mini Mart. Other options nearby include:
- Choithrams (7 minutes away)
- Spinneys (8 minutes away)
- West Zone Fresh Supermarket (8 minutes away)
Choithrams is one of the best supermarkets in Dubai, offering everyday grocery and household items. Other options include Spinneys and West Zone Fresh Supermarket.
Schools and Nurseries Near DAMAC Park Central
- Canadian Kids Nursery
- Dubai International School
- GEMS Our Own Indian School
Canadian Kids Nursery is a 6-minute drive away from DAMAC Park Central Tower. Maple Bear Pre School Dubai and Learning Tree Nursery can be located within a 7-minute drive.
Dubai International School Garhoud offers classes from Pre-KG to Grade 12 based on the American Curriculum. The international school can be found at a 4-minute drive away from DAMAC Park Central Tower Business Bay.
GEMS Our Own Indian School follows the Central Board of Secondary Education (CBSE). The school is a 5-minute drive away from the residential building.
The City School International follows the UK National Curriculum and is an 8-minute drive away from Park Central Dubai.
Nearby Buildings
Some buildings located near Park Central Tower Business Bay include:
- Churchill Residency (5 minutes away)
- Opus Tower (6 minutes away)
- Executive Towers (8 minutes away)
Churchill Residency developed by Emirates National Investment has 618 units as 1, 2 and 3-bedroom apartments and 4-bedroom penthouses.
Opus Tower is a mixed-use building just 6 minutes away. This 21-storey building features unique architecture, making it one of the attractions in this area. Developed by Omniyat Properties, this building comes with office units, apartments and restaurants. Zaha Hadid designed the structure. It features ME Dubai Hotel.
Executive Towers by Dubai Properties is a mixed-use project consisting of 12 towers. The complex features a mixture of apartments, penthouses and a five-star hotel. Residents can find more than 2,000 units in this project.
Major Landmark
Major landmarks near the tower are:
- The Dubai Fountain (10 minutes away)
- Burj Khalifa (10 minutes away)
- The Dubai Mall (10 minutes away)
Being so close to Downtown Dubai, one of the major landmarks near Park Central is the world’s tallest building, Burj Khalifa. This tower can be seen from a distance. You can book a tour of At The Top to enjoy magnificent views of the Dubai skyline.
You can also head to The Dubai Fountain to watch a musical choreographed fountain show.
Dubai Mall is a popular attraction that offers numerous retail, dining and entertainment options. It is a 10-minute drive from Park Central.
THINGS TO CONSIDER
Park Central residents can enjoy a convenient lifestyle in Business Bay. One thing to consider is that the area can get crowded and noisy during peak hours.
FAQs
DOES PARK CENTRAL HAVE FLOOR PLANS?
DAMAC Park Central does have floor plans available on the Bayut website.
WHAT ARE THE APARTMENT TYPES IN DAMAC PARK CENTRAL?
You can find studio, 1 and 2-bedroom apartments in DAMAC Park Central.
