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

111, Park Heights 1

Sold prices and rental history: sold twice, last in February 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 8 April 2026
Last soldAED 920K7 February 2023
Current rentAED 78K /yr8 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Park Heights 1

What is 111 worth today?

Last sold for AED 920,000 in 2023

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8 Apr 2026RentedNew contract
AED 78,000/yr12 months · AED 119 per sqft
19 Mar 2025RentedRenewal
AED 84,000/yr12 months · AED 128 per sqft
19 Mar 2023RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft
7 Feb 2023SoldReady
AED 920,000AED 1,399 per sqft
25 Nov 2019Sold by developerOff-plan
AED 864,251AED 1,314 per sqft

Source: Dubai Land Department. Updated 8 April 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Parking
PH1-B-45
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,900 /yr
Last sold
AED 920K · February 2023

About 111, Park Heights 1

111 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. It last sold on 7 February 2023 for AED 920,000, or AED 1,399 per sqft, in line with the AED 1,408 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 8 April 2026, is AED 78,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 16,900 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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, November 2019: AED 864,251 (AED 1,314 per sqft)Sold, February 2023: AED 920,000 (AED 1,399 per sqft)

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

Rents
Unit 111, 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, March 2023: AED 75,000 a yearRenewal, March 2025: AED 84,000 a yearNew contract, April 2026: AED 78,000 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 111 sits

All 144 1-beds →

111 last sold in February 2023 at AED 1,399 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,408). 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. 111's AED 78,000 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 →

111, Park Heights 1 in numbers

  • Sold twice: first on 25 November 2019 for AED 864,251, last on 7 February 2023 for AED 920,000 (AED 1,399 per sqft).
  • Rented since March 2023 on 3 Ejari contracts, from AED 75,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 16,900 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 8 April 2026.

Questions about 111, Park Heights 1

What did unit 111 last sell for?

AED 920,000 on 7 February 2023: AED 1,399 per sqft for 657 sqft. The unit has 2 registered sales; the first was AED 864,251 in November 2019.

What is the rent for unit 111?

AED 78,000 a year on the contract signed on 8 April 2026. The previous contract, from March 2025, was AED 84,000; the unit has been rented since March 2023.

How big is unit 111?

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

What is unit 111 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 111, Park Heights 1

Starts from the last sale price (AED 920K, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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