2-bed · 1,076 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1004, Park Heights 1

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 2.12M14 November 2024
Current rentAED 120K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Park Heights 1

What is 1004 worth today?

Last sold for AED 2,120,000 in 2024

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8 Sep 2026RentedNew contract
AED 120,000/yr12 months · AED 112 per sqft
25 Apr 2025RentedNew contract
AED 145,000/yr12 months · AED 135 per sqft
25 Apr 2025RentedNew contract
AED 145,000/yr12 months · AED 135 per sqft
14 Nov 2024SoldReady
AED 2,120,000AED 1,970 per sqft
1 Jun 2022RentedNew contract
AED 75,000/yr12 months · AED 70 per sqft
15 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
24 Nov 2019SoldOff-plan
AED 850,000AED 789 per sqft
1 Aug 2018Sold by developerOff-plan
AED 1,360,888AED 1,264 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
2-bed apartment
Size
1,076 sqft
Parking
PH1-B-173
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,600 /yr
Last sold
AED 2.12M · November 2024

About 1004, Park Heights 1

1004 is a two-bedroom apartment of 1,076 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 14 November 2024 for AED 2,120,000, or AED 1,970 per sqft, in line with the AED 1,961 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 8 September 2026, is AED 120,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 27,600 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Park Heights 1
1M2M2017202020232026Typical sale price by year: 2017 AED 1,255,888; 2018 AED 1,266,888; 2019 AED 1,263,888; 2021 AED 1,190,000; 2022 AED 1,372,944; 2023 AED 1,775,000; 2024 AED 2,100,000; 2025 AED 2,255,000; 2026 AED 2,150,000Sold by developer, August 2018: AED 1,360,888 (AED 1,264 per sqft)Sold, November 2019: AED 850,000 (AED 789 per sqft)Sold, November 2024: AED 2,120,000 (AED 1,970 per sqft)

1004 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Park Heights 1
50K100K150K2020202220242026Typical rent by year: 2020 AED 64,000; 2021 AED 61,500; 2022 AED 72,500; 2023 AED 95,000; 2024 AED 130,000; 2025 AED 131,250; 2026 AED 124,000New contract, February 2021: AED 60,000 a yearNew contract, June 2022: AED 75,000 a yearNew contract, April 2025: AED 145,000 a yearNew contract, April 2025: AED 145,000 a yearNew contract, September 2026: AED 120,000 a year

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

2-beds in Park Heights 1, and where 1004 sits

All 90 2-beds →

1004 last sold in November 2024 at AED 1,970 per sqft, in line with what two-beds in Park Heights 1 were fetching at the time (AED 1,961). Over the last 12 months two-beds sold for AED 2,012,755 to 2,340,000, around AED 2,146 per sqft, and rent for AED 90,587 to 180,000 a year. 1004's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,025,000
25 Sep 20262,012,755
5 Aug 20262,050,000
6 Apr 20262,250,000
8 2-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 →

1004, Park Heights 1 in numbers

  • Sold 3 times: first on 1 August 2018 for AED 1,360,888, last on 14 November 2024 for AED 2,120,000 (AED 1,970 per sqft).
  • Rented since February 2021 on 5 Ejari contracts, from AED 60,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 27,600 a year (AED 25.65 per sqft).
  • Two-beds in Park Heights 1 sold for AED 2,012,755–2,340,000 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 8 September 2026.

Questions about 1004, Park Heights 1

What did unit 1004 last sell for?

AED 2,120,000 on 14 November 2024: AED 1,970 per sqft for 1,076 sqft. The unit has 3 registered sales; the first was AED 1,360,888 in August 2018.

What is the rent for unit 1004?

AED 120,000 a year on the contract signed on 8 September 2026. The previous contract, from April 2025, was AED 145,000; the unit has been rented since February 2021.

How big is unit 1004?

1,076 sqft (100.0 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Heights 1 sold for AED 2,012,755 to 2,340,000 in the last 12 months, around AED 2,146 per sqft.

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Mortgage on 1004, Park Heights 1

Starts from the last sale price (AED 2.12M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,120,000
Deposit, UAE resident (20%)
AED 424,000
Deposit, non-resident (40%)
AED 848,000
Monthly over 25 years at 3.7%
AED 8,674

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