508, Park Field Tower 1
Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Park Field Tower 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,047 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Dubai Hills Estate
- Completed
- 2025
- Last sold
- AED 1.78M · October 2022
- Building
- Park Field Tower 1
About 508, Park Field Tower 1
508 is a two-bedroom apartment of 1,047 sqft on the 5th floor of Park Field Tower 1, a 10-storey tower in Dubai Hills Estate completed in 2025 by Dubai Hills Estate. The developer sold it on 11 October 2022 for AED 1,780,888, or AED 1,700 per sqft, 6% below the AED 1,803 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 September 2026, is AED 140,000 a year: a gross yield of 7.9% on the 2022 price.
Sales and rents for 508 over time
508 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Field Tower 1, and where 508 sits
All 58 2-beds →508 last sold in October 2022 at AED 1,700 per sqft, 6% below what two-beds in Park Field Tower 1 were fetching at the time (AED 1,803). Over the last 12 months two-beds sold for AED 2,500,000 to 2,950,000, around AED 2,633 per sqft, and rent for AED 130,000 to 220,000 a year. 508's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 993 sqft | 2,500,000 | 2,518 | ||
| 19 Aug 202619 August 2026 | 986 sqft | 2,650,000 | 2,687 | ||
| 22 Jun 202622 June 2026 | 991 sqft | 2,550,000 | 2,572 | ||
| 27 Mar 202627 March 2026 | 1,050 sqft | 2,550,000 | 2,429 |
Park Field Tower 1
Building98 apartments, 1-bed to 2-bed over 10 floors in Dubai Hills Estate, completed in 2025 by Dubai Hills Estate. 17 sold in the last 12 months.
- Typical price per sqft
- AED 2,611 Up 12.7%
- Typical sale
- AED 2.6M
- Typical rent
- AED 150K /yr
- Typical yield
- 5.9%
Other units on the 5th floor
All 98 units in Park Field Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 988 sqft | AED 1.84MAED 1,842,888 · Sep 2022September 2022 | 167,000 /yr | |
| 502 | 2-bed | 987 sqft | AED 2.69MAED 2,685,000 · Dec 2025December 2025 | ||
| 503 | 2-bed | 1,047 sqft | AED 1.96MAED 1,958,888 · Oct 2022October 2022 | 180,000 /yr | |
| 504 | 1-bed | 647 sqft | AED 1.13MAED 1,126,888 · Oct 2022October 2022 | ||
| 505 | 1-bed | 647 sqft | AED 1.66MAED 1,655,000 · Jul 2024July 2024 | ||
| 506 | 1-bed | 647 sqft | AED 1.13MAED 1,126,888 · Aug 2022August 2022 | ||
| 507 | 1-bed | 647 sqft | AED 1.13MAED 1,126,888 · Sep 2022September 2022 | ||
| 509 | 2-bed | 986 sqft | AED 2.58MAED 2,575,000 · Nov 2025November 2025 | ||
| 510 | 2-bed | 991 sqft | AED 2.55MAED 2,550,000 · Jun 2026June 2026 |
508, Park Field Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 11 October 2022 for AED 1,780,888, or AED 1,700 per sqft.
- Rented since December 2025 on 2 Ejari contracts, from AED 180,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2022 price is 7.9%.
- Two-beds in Park Field Tower 1 sold for AED 2,500,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 2,611 per sqft.
Source: Dubai Land Department. Updated 1 September 2026.
Questions about 508, Park Field Tower 1
What did unit 508 last sell for?
AED 1,780,888 on 11 October 2022, sold by the developer: AED 1,700 per sqft for 1,047 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 140,000 a year on the contract signed on 1 September 2026. The previous contract, from December 2025, was AED 180,000.
How big is unit 508?
1,047 sqft (97.3 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Field Tower 1 sold for AED 2,500,000 to 2,950,000 in the last 12 months, around AED 2,633 per sqft.
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Mortgage on 508, Park Field Tower 1
Starts from the last sale price (AED 1.78M, 11 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,780,888
- Deposit, UAE resident (20%)
- AED 356,178
- Deposit, non-resident (40%)
- AED 712,355
- Monthly over 25 years at 3.7%
- AED 7,286
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →