Developer: The Developer Properties L.L.C · Business Bay

Park Lane Tower

Park Lane Tower is a residential project by The Developer Properties L.L.C in Business Bay, Dubai, with construction 100% complete per the DLD registry, 604 units, 776 DLD-registered sales since 2011.

Unit typesStudio305–547 ft²Developer supplied
StatusReadyHandover Q1 2016DLD registry

Layouts and sizes

TypeSize, sq.ft
Studio hotel apartments305–547

Units for sale in Park Lane Tower

AED 200,000 · 1 bedroom

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Estimate your payment and purchase costs for your budget.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

100%
  • StatusReady
  • Construction started02.09.2007
  • HandoverQ1 2016
  • Status date24.08.2016
  • Escrow bankNoor Bank
  • DLD project number20

Data from the Dubai Land Department project registry (updated 17.10.2026 09:55).

Inspection history 5
025507510024.11.201224.08.2016
Actual, per inspections
Construction progress 36
24.08.2016 100.00%
Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 1 of 9Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 2 of 9Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 3 of 9Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 4 of 9Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 5 of 9Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 6 of 9Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 7 of 9Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 8 of 9Park Lane Tower, Business Bay construction progress — 24 August 2016, 100.00% complete, photo 9 of 9
31.08.2015 91.50%
Park Lane Tower, Business Bay construction progress — 31 August 2015, 91.50% complete, photo 1 of 8Park Lane Tower, Business Bay construction progress — 31 August 2015, 91.50% complete, photo 2 of 8Park Lane Tower, Business Bay construction progress — 31 August 2015, 91.50% complete, photo 3 of 8Park Lane Tower, Business Bay construction progress — 31 August 2015, 91.50% complete, photo 4 of 8Park Lane Tower, Business Bay construction progress — 31 August 2015, 91.50% complete, photo 5 of 8Park Lane Tower, Business Bay construction progress — 31 August 2015, 91.50% complete, photo 6 of 8Park Lane Tower, Business Bay construction progress — 31 August 2015, 91.50% complete, photo 7 of 8Park Lane Tower, Business Bay construction progress — 31 August 2015, 91.50% complete, photo 8 of 8
26.02.2015 81.40%
Park Lane Tower, Business Bay construction progress — 26 February 2015, 81.40% complete, photo 1 of 7Park Lane Tower, Business Bay construction progress — 26 February 2015, 81.40% complete, photo 2 of 7Park Lane Tower, Business Bay construction progress — 26 February 2015, 81.40% complete, photo 3 of 7Park Lane Tower, Business Bay construction progress — 26 February 2015, 81.40% complete, photo 4 of 7Park Lane Tower, Business Bay construction progress — 26 February 2015, 81.40% complete, photo 5 of 7Park Lane Tower, Business Bay construction progress — 26 February 2015, 81.40% complete, photo 6 of 7Park Lane Tower, Business Bay construction progress — 26 February 2015, 81.40% complete, photo 7 of 7
05.05.2014 51.80%
Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 1 of 9Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 2 of 9Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 3 of 9Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 4 of 9Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 5 of 9Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 6 of 9Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 7 of 9Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 8 of 9Park Lane Tower, Business Bay construction progress — 5 May 2014, 51.80% complete, photo 9 of 9
24.11.2012 31.25%
Park Lane Tower, Business Bay construction progress — 24 November 2012, 31.25% complete, photo 1 of 3Park Lane Tower, Business Bay construction progress — 24 November 2012, 31.25% complete, photo 2 of 3Park Lane Tower, Business Bay construction progress — 24 November 2012, 31.25% complete, photo 3 of 3

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
05.10.2026Office20.6550 000
01.10.2026Office80.22 000 000
30.09.2026Office63.91 166 000
29.09.2026Office66.41 042 245
24.09.2026Office49.91 080 000
24.09.2026Office35.0865 000
19.08.2026Office23.8640 000
05.08.2026Office47.4885 000
22.07.2026Office46.4950 000
21.07.2026Office34.6775 000
20.07.2026Office36.5940 000
16.04.2026Office34.2700 000
16.03.2026Office45.61 140 000
24.02.2026Office47.31 160 000
24.02.2026Office48.01 050 000
24.02.2026Office45.8745 205
10.02.2026Office39.51 000 000
05.02.2026Studio29.9520 000
02.02.2026Office45.8933 914
29.01.2026Office60.81 255 000
13.01.2026Office49.11 080 000
07.01.2026Office53.91 175 000
30.12.2025Office40.1850 000
19.12.2025Studio28.0375 000
16.12.2025Office80.12 400 000
15.12.2025Office23.5515 000
10.12.2025Office60.61 240 000
28.11.2025Office46.61 100 000
24.11.2025Office45.6654 000
12.11.2025Studio27.2330 000
12.11.2025Studio27.7330 000
03.11.2025Office35.0531 098
31.10.2025Office63.01 290 000
30.10.2025Office29.3720 000
17.10.2025Office48.1830 000
06.10.2025Office97.41 438 844
02.10.2025Office36.8810 000
30.09.2025Office36.5806 000
23.09.2025Office46.5910 000
22.09.2025Office74.11 299 746
22.09.2025Office48.71 070 000
18.09.2025Office36.5806 000
17.09.2025Office34.3765 000
17.09.2025Office122.53 500 000
17.09.2025Office34.3765 000
28.08.2025Studio69.3855 000
21.08.2025Office49.41 080 000
18.08.2025Office34.6710 000
11.08.2025Office70.81 200 000
11.08.2025Office59.01 200 000
Rentals — 20
DateTypeSize, m²Rent, AED/yr
09.10.2026Office42.175 000
08.10.2026Office51.785 000
08.10.2026Office41.380 000
05.10.2026Office102.1170 000
05.10.2026Office39.466 000
05.10.2026Office45.880 000
04.10.2026Office36.540 000
01.10.2026Office34.470 000
01.10.2026Office45.879 500
01.10.2026Office84.0150 000
01.10.2026Office46.780 000
01.10.2026Office67.095 000
25.09.2026Office65.2110 000
25.09.2026Office49.785 000
25.09.2026Office34.357 000
25.09.2026Office34.377 000
24.09.2026Office65.877 000
24.09.2026Office29.380 000
22.09.2026Office46.780 000
20.09.2026Office41.585 029

Dubai Land Department transaction registry, updated 17.10.2026. Explore Dubai property transactions →

Registered transactions in Park Lane Tower

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

776deals since 2011
11 976AED per m², median
72%resale, the rest bought from the developer
+21%over the past year
8.2%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +3% over the same period, so the building grew faster.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio38690 27318 165244
Shop43600 00013 95314
Office48595 00012 396517

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +101% on the price per square metre in this building. The district moved +36% over the same period, so the building outpaced the market.

9 3492014——
22 6042015——
22 1202016——
9 4462017——
8 6122018——
8 090201981110.0%
7 58920207069.3%
9 57720217638.0%
8 862202291210.3%
13 24420231 1768.9%
15 95720241 5389.6%
17 81920251 7719.9%
21 8572026*1 7207.9%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Park Lane Tower worth?

DLD has recorded 776 sales in this building since 2011, 556 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Park Lane Tower

About the project

Park Lane Tower is a completed mixed-use tower in Business Bay, Dubai, combining offices, shops and Park Regis hotel apartments in studio layouts rather than conventional residential homes. The registered developer is The Developer Properties L.L.C. The Dubai Land Department project number is 20. Construction began in September 2007 and was completed in March 2016. The DLD registry records the project as Finished with 100% completion. The 28-storey tower has 604 units.

Buildings and homes

The accommodation element at Park Lane Tower comprises Park Regis studio hotel apartments. Typical studio sizes are about 28–51 sq m (305–547 sq ft), offering a compact hotel-apartment format within a building that also accommodates office and retail uses. This mixed-use composition distinguishes the tower from a standard apartment-only scheme. For studio hotel apartments, the whole DLD record since 2011, covering all sales rather than only recent transactions, shows 244 sales with a median price of AED 682,000.

Location

Business Bay is a central Dubai business district with a dense mix of commercial towers, hotels and mixed-use buildings. The area sits alongside Sheikh Zayed Road and close to Downtown Dubai, placing Park Lane Tower within an established urban setting. It is suited to a project whose uses combine workspace, retail and hotel apartments.

Prices and resale

Since 2011, the DLD has registered 777 sales of hotel apartments, offices and shops at Park Lane Tower. In the last 24 months, 11 hotel apartment sales were registered, with a median price of AED 226,000 and a range from AED 187,000 to AED 855,000. In the last 12 months, 30 commercial/office sales were registered at a median price of AED 975,000, ranging from AED 515,000 to AED 2.4 million. The most recent registered sale was on 5 October 2026. The project is complete, so units are bought and sold on the secondary market; for current availability, contact a Continental Club Property broker (RERA 31933).

Frequent questions

Who developed Park Lane Tower?
The registered developer is The Developer Properties L.L.C. The Dubai Land Department project number is 20.
Is Park Lane Tower ready?
Yes. The DLD registry records Park Lane Tower as Finished with 100% completion. Construction was completed in March 2016.
How much do units at Park Lane Tower cost?
In the last 24 months, hotel apartment sales had a median price of AED 226,000, from AED 187,000 to AED 855,000. In the last 12 months, commercial/office sales had a median price of AED 975,000, ranging from AED 515,000 to AED 2.4 million.
How can I buy an apartment in Park Lane Tower?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

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How to cite:Park Lane Tower — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-17, https://continentalclub.ae/project/park-lane-tower-business-bay/