1012, Park Heights 1
Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Park Heights 1
What is 1012 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,089 sqft
- Floor
- 10th of 18
- Parking
- PH1-B-119
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2.33M · June 2025
- Building
- Park Heights 1
About 1012, Park Heights 1
1012 is a two-bedroom apartment of 1,089 sqft on the 10th floor of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 26 June 2025 for AED 2,325,000, or AED 2,134 per sqft, in line with the AED 2,120 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 May 2026, is AED 140,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 27,900 a year.
Sales and rents for 1012 over time
1012 has sold twice; 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 Heights 1, and where 1012 sits
All 90 2-beds →1012 last sold in June 2025 at AED 2,134 per sqft, in line with what two-beds in Park Heights 1 were fetching at the time (AED 2,120). 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. 1012's AED 140,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 956 sqft | 2,025,000 | 2,118 | ||
| 25 Sep 202625 September 2026 | 959 sqft | 2,012,755 | 2,097 | ||
| 5 Aug 20265 August 2026 | 1,076 sqft | 2,050,000 | 1,905 | ||
| 6 Apr 20266 April 2026 | 955 sqft | 2,250,000 | 2,355 |
Park Heights 1
Building44 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%
Other units on the 10th floor
All 44 units in Park Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 649 sqft | AED 1.42MAED 1,420,000 · Jun 2025June 2025 | 78,750 /yr |
1012, Park Heights 1 in numbers
- Sold twice: first on 6 July 2017 for AED 1,289,888, last on 26 June 2025 for AED 2,325,000 (AED 2,134 per sqft).
- Rented since March 2021 on 6 Ejari contracts, from AED 63,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 27,900 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 1 May 2026.
Questions about 1012, Park Heights 1
What did unit 1012 last sell for?
AED 2,325,000 on 26 June 2025: AED 2,134 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 1,289,888 in July 2017.
What is the rent for unit 1012?
AED 140,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 140,000; the unit has been rented since March 2021.
How big is unit 1012?
1,089 sqft (101.2 sqm): a two-bedroom apartment on the 10th floor of a 18-storey tower completed in 2020.
What is unit 1012 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 1012, Park Heights 1
Starts from the last sale price (AED 2.33M, 26 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,325,000
- Deposit, UAE resident (20%)
- AED 465,000
- Deposit, non-resident (40%)
- AED 930,000
- Monthly over 25 years at 3.7%
- AED 9,512
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →