1015, Park Heights 1
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1015, Park Heights 1
What is 1015 worth today?
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Source: Dubai Land Department. Updated 6 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 956 sqft
- Parking
- PH1-G-27
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 24,500 /yr
- Last sold
- AED 2.16M · November 2024
- Building
- Park Heights 1
About 1015, Park Heights 1
1015 is a two-bedroom apartment of 956 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 15 November 2024 for AED 2,160,000, or AED 2,258 per sqft, 14% above the AED 1,984 two-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 6 May 2025, is AED 136,500 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 24,500 a year.
Sales and rents for 1015 over time
1015 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 1015 sits
All 90 2-beds →1015 last sold in November 2024 at AED 2,258 per sqft, 14% above what two-beds in Park Heights 1 were fetching at the time (AED 1,984). 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. 1015's AED 136,500 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%
1015, Park Heights 1 in numbers
- Sold twice: first on 27 January 2022 for AED 1,372,888, last on 15 November 2024 for AED 2,160,000 (AED 2,258 per sqft).
- Rented since March 2022 on 5 Ejari contracts, from AED 80,000 to AED 136,500 a year.
- At AED 136,500 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 24,500 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 6 May 2025.
Questions about 1015, Park Heights 1
What did unit 1015 last sell for?
AED 2,160,000 on 15 November 2024: AED 2,258 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 1,372,888 in January 2022.
What is the rent for unit 1015?
AED 136,500 a year on the contract signed on 6 May 2025. The previous contract, from May 2025, was AED 136,500; the unit has been rented since March 2022.
How big is unit 1015?
956 sqft (88.8 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 1015 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 1015, Park Heights 1
Starts from the last sale price (AED 2.16M, 15 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,160,000
- Deposit, UAE resident (20%)
- AED 432,000
- Deposit, non-resident (40%)
- AED 864,000
- Monthly over 25 years at 3.7%
- AED 8,837
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →