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1-bed · 646 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1002, Park Heights 1

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.45M27 February 2025
Current rentAED 85K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Park Heights 1

What is 1002 worth today?

Last sold for AED 1,450,000 in 2025

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1 May 2026RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
1 May 2025RentedNew contract
AED 95,000/yr12 months · AED 147 per sqft
27 Feb 2025SoldReady
AED 1,450,000AED 2,245 per sqft
8 Dec 2023RentedRenewal
AED 106,000/yr12 months · AED 167 per sqft
1 Mar 2023RentedRenewal
AED 55,824/yr12 months · AED 86 per sqft
1 Mar 2022RentedNew contract
AED 72,000/yr12 months · AED 111 per sqft
18 Jun 2020Sold by developerOff-plan
AED 861,888AED 1,334 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-39
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.45M · February 2025
Building
Park Heights 1

About 1002, Park Heights 1

1002 is a one-bedroom apartment of 646 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 27 February 2025 for AED 1,450,000, or AED 2,245 per sqft, 12% above the AED 2,013 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 May 2026, is AED 85,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Park Heights 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 863,888; 2018 AED 862,888; 2019 AED 864,070; 2020 AED 868,888; 2021 AED 750,000; 2022 AED 917,500; 2023 AED 1,111,000; 2024 AED 1,300,000; 2025 AED 1,387,500; 2026 AED 1,360,000Sold by developer, June 2020: AED 861,888 (AED 1,334 per sqft)Sold, February 2025: AED 1,450,000 (AED 2,245 per sqft)

1002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Park Heights 1
50K100K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 41,884; 2022 AED 48,000; 2023 AED 67,425; 2024 AED 80,000; 2025 AED 88,000; 2026 AED 82,750New contract, March 2022: AED 72,000 a yearRenewal, March 2023: AED 55,824 a yearRenewal, December 2023: AED 106,000 a yearNew contract, May 2025: AED 95,000 a yearNew contract, May 2026: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Park Heights 1, and where 1002 sits

All 144 1-beds →

1002 last sold in February 2025 at AED 2,245 per sqft, 12% above what one-beds in Park Heights 1 were fetching at the time (AED 2,013). Over the last 12 months one-beds sold for AED 1,250,000 to 1,490,000, around AED 2,100 per sqft, and rent for AED 65,000 to 135,000 a year. 1002's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Oct 20261,250,000
3 Jun 20261,360,000
2 Jun 20261,350,000
9 Mar 20261,490,000
10 1-bed sales in the last 12 months

Park Heights 1

Building

44 apartments, 1-bed to 3-bed over 18 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 25 sold in the last 12 months.

Typical price per sqft
AED 2,091 Down 1.8%
Typical sale
AED 2.03M
Typical rent
AED 93K /yr
Typical yield
6.2%
Park Heights 1, Dubai Hills Estate: prices, sales and rents →

1002, Park Heights 1 in numbers

  • Sold twice: first on 18 June 2020 for AED 861,888, last on 27 February 2025 for AED 1,450,000 (AED 2,245 per sqft).
  • Rented since March 2022 on 5 Ejari contracts. The rent fell from AED 72,000 to AED 55,824 in 2023 and recovered to AED 85,000 by May 2026.
  • At AED 85,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 16,600 a year (AED 25.65 per sqft).
  • One-beds in Park Heights 1 sold for AED 1,250,000–1,490,000 in the 12 months to November 2026; the building's median across all types is AED 2,091 per sqft.

Source: Dubai Land Department. Updated 1 May 2026.

Questions about 1002, Park Heights 1

What did unit 1002 last sell for?

AED 1,450,000 on 27 February 2025: AED 2,245 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 861,888 in June 2020.

What is the rent for unit 1002?

AED 85,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 95,000; the unit has been rented since March 2022.

How big is unit 1002?

646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Heights 1 sold for AED 1,250,000 to 1,490,000 in the last 12 months, around AED 2,100 per sqft.

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Mortgage on 1002, Park Heights 1

Starts from the last sale price (AED 1.45M, 27 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →