1-bed · 657 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1011, Park Heights 1

Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 6 August 2017
Last soldAED 878K6 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Park Heights 1

What is 1011 worth today?

Last sold for AED 877,888 in 2017

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6 Aug 2017Sold by developerOff-plan
AED 877,888AED 1,335 per sqft

Source: Dubai Land Department. Updated 6 August 2017.

Key facts

Type
1-bed apartment
Size
657 sqft
Parking
PH1-G-15
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,900 /yr
Last sold
AED 878K · August 2017

About 1011, Park Heights 1

1011 is a one-bedroom apartment of 657 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. The developer sold it on 6 August 2017 for AED 877,888, or AED 1,335 per sqft, in line with the AED 1,339 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1011 over time

Sales
Unit 1011, 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, August 2017: AED 877,888 (AED 1,335 per sqft)

1011 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1011, 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 82,750

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 1011 sits

All 144 1-beds →

1011 last sold in August 2017 at AED 1,335 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,339). 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.

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 →

1011, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 6 August 2017 for AED 877,888, or AED 1,335 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 6 August 2017.

Questions about 1011, Park Heights 1

What did unit 1011 last sell for?

AED 877,888 on 6 August 2017, sold by the developer: AED 1,335 per sqft for 657 sqft. It is the only registered sale of the unit.

How big is unit 1011?

657 sqft (61.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1011 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 1011, Park Heights 1

Starts from the last sale price (AED 878K, 6 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 877,888
Deposit, UAE resident (20%)
AED 175,578
Deposit, non-resident (40%)
AED 351,155
Monthly over 25 years at 3.7%
AED 3,592

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