2-bed · 956 sqftPark Heights 1, Dubai Hills Estate · completed 2020

103, Park Heights 1

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.23M27 May 2018
Current rentAED 115K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Park Heights 1

What is 103 worth today?

Last sold for AED 1,227,888 in 2018

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1 Jul 2026RentedNew contract
AED 115,000/yr12 months · AED 120 per sqft
16 Jan 2025RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
16 Jan 2025RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
16 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
12 Nov 2023RentedNew contract
AED 115,000/yr12 months · AED 120 per sqft
19 Dec 2022RentedNew contract
AED 81,780/yr12 months · AED 86 per sqft
24 Nov 2022RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
22 Aug 2022RentedNew contract
AED 82,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Parking
PH1-B-101
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 24,500 /yr
Last sold
AED 1.23M · May 2018

About 103, Park Heights 1

103 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. The developer sold it on 27 May 2018 for AED 1,227,888, or AED 1,283 per sqft, in line with the AED 1,284 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 11 Ejari contracts. The current contract, signed on 1 July 2026, is AED 115,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 24,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Park Heights 1
1M1.5M2M2017202020232026Typical 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, May 2018: AED 1,227,888 (AED 1,283 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Park Heights 1
50K100K2020202220242026Typical 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, November 2020: AED 70,000 a yearNew contract, November 2020: AED 70,000 a yearNew contract, December 2021: AED 82,000 a yearNew contract, August 2022: AED 82,000 a yearNew contract, November 2022: AED 80,000 a yearNew contract, December 2022: AED 81,780 a yearNew contract, November 2023: AED 115,000 a yearNew contract, January 2024: AED 120,000 a yearRenewal, January 2025: AED 120,000 a yearRenewal, January 2025: AED 120,000 a yearNew contract, July 2026: AED 115,000 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 103 sits

All 90 2-beds →

103 last sold in May 2018 at AED 1,283 per sqft, in line with what two-beds in Park Heights 1 were fetching at the time (AED 1,284). 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. 103's AED 115,000 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 →

103, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 27 May 2018 for AED 1,227,888, or AED 1,283 per sqft.
  • Rented since November 2020 on 11 Ejari contracts, from AED 70,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 9.4%, 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 1 July 2026.

Questions about 103, Park Heights 1

What did unit 103 last sell for?

AED 1,227,888 on 27 May 2018, sold by the developer: AED 1,283 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 115,000 a year on the contract signed on 1 July 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since November 2020.

How big is unit 103?

956 sqft (88.8 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 103 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 103, Park Heights 1

Starts from the last sale price (AED 1.23M, 27 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,227,888
Deposit, UAE resident (20%)
AED 245,578
Deposit, non-resident (40%)
AED 491,155
Monthly over 25 years at 3.7%
AED 5,024

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