115, Park Heights 1
Sold prices and rental history: sold twice, last in May 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, Park Heights 1
What is 115 worth today?
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Source: Dubai Land Department. Updated 28 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 956 sqft
- Parking
- PH1-B-98
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.7M · May 2023
- Building
- Park Heights 1
About 115, Park Heights 1
115 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 22 May 2023 for AED 1,700,000, or AED 1,777 per sqft, 27% above the AED 1,399 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 28 July 2025, is AED 135,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 24,500 a year.
Sales and rents for 115 over time
115 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 115 sits
All 90 2-beds →115 last sold in May 2023 at AED 1,777 per sqft, 27% above what two-beds in Park Heights 1 were fetching at the time (AED 1,399). 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. 115's AED 135,000 is in the lower 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%
115, Park Heights 1 in numbers
- Sold twice: first on 29 September 2022 for AED 1,377,888, last on 22 May 2023 for AED 1,700,000 (AED 1,777 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 100,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2023 price is 7.9%, 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 28 July 2025.
Questions about 115, Park Heights 1
What did unit 115 last sell for?
AED 1,700,000 on 22 May 2023: AED 1,777 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 1,377,888 in September 2022.
What is the rent for unit 115?
AED 135,000 a year on the contract signed on 28 July 2025. The previous contract, from October 2023, was AED 100,000; the unit has been rented since October 2022.
How big is unit 115?
956 sqft (88.8 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 115 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 115, Park Heights 1
Starts from the last sale price (AED 1.7M, 22 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →