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

1006, Park Heights 1

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

Unit 1006 · DLD and Ejari recordsUpdated 23 January 2025
Last soldAED 1.3M23 January 2025
Current rentAED 67K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1006, Park Heights 1

What is 1006 worth today?

Last sold for AED 1,300,000 in 2025

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23 Jan 2025SoldReady
AED 1,300,000AED 2,013 per sqft
20 Jun 2024RentedRenewal
AED 66,700/yr12 months · AED 103 per sqft
20 Jun 2023RentedRenewal
AED 58,000/yr12 months · AED 90 per sqft
20 Jun 2022RentedNew contract
AED 58,000/yr12 months · AED 90 per sqft
19 Dec 2018Sold by developerOff-plan
AED 860,888AED 1,333 per sqft

Source: Dubai Land Department. Updated 23 January 2025.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-37
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.3M · January 2025
Building
Park Heights 1

About 1006, Park Heights 1

1006 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 23 January 2025 for AED 1,300,000, or AED 2,013 per sqft, in line with the AED 2,013 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 66,700 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, 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, December 2018: AED 860,888 (AED 1,333 per sqft)Sold, January 2025: AED 1,300,000 (AED 2,013 per sqft)

1006 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1006, each contractTypical one-bed in Park Heights 1
50K75K2020202220242026Typical 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, June 2022: AED 58,000 a yearRenewal, June 2023: AED 58,000 a yearRenewal, June 2024: AED 66,700 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 1006 sits

All 144 1-beds →

1006 last sold in January 2025 at AED 2,013 per sqft, in line with 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. 1006's AED 66,700 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 →

1006, Park Heights 1 in numbers

  • Sold twice: first on 19 December 2018 for AED 860,888, last on 23 January 2025 for AED 1,300,000 (AED 2,013 per sqft).
  • Rented since June 2022 on 3 Ejari contracts, from AED 58,000 to AED 66,700 a year.
  • At AED 66,700 a year the gross yield on the 2025 price is 5.1%, 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 23 January 2025.

Questions about 1006, Park Heights 1

What did unit 1006 last sell for?

AED 1,300,000 on 23 January 2025: AED 2,013 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 860,888 in December 2018.

What is the rent for unit 1006?

AED 66,700 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 58,000; the unit has been rented since June 2022.

How big is unit 1006?

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

What is unit 1006 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 1006, Park Heights 1

Starts from the last sale price (AED 1.3M, 23 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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