2-bed · 1,076 sqftPark Heights 1, Dubai Hills Estate · 12th floor · completed 2020

1204, Park Heights 1

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 13 January 2026
Last soldAED 2.34M5 January 2026
Current rentAED 135K /yr13 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Park Heights 1

What is 1204 worth today?

Last sold for AED 2,340,000 in 2026

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13 Jan 2026RentedNew contract
AED 135,000/yr12 months · AED 125 per sqft
5 Jan 2026SoldReady
AED 2,340,000AED 2,174 per sqft
17 Jun 2024RentedNew contract
AED 148,000/yr12 months · AED 137 per sqft
22 Nov 2023SoldReady
AED 2,050,000AED 1,905 per sqft
20 May 2023RentedRenewal
AED 70,022/yr12 months · AED 65 per sqft
20 May 2022RentedRenewal
AED 70,000/yr12 months · AED 65 per sqft
20 May 2021RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
8 Nov 2018Sold by developerOff-plan
AED 1,365,888AED 1,269 per sqft

Source: Dubai Land Department. Updated 13 January 2026.

Key facts

Type
2-bed apartment
Size
1,076 sqft
Floor
12th of 18
Parking
PH1-B-147
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,600 /yr
Last sold
AED 2.34M · January 2026

About 1204, Park Heights 1

1204 is a two-bedroom apartment of 1,076 sqft on the 12th floor of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 5 January 2026 for AED 2,340,000, or AED 2,174 per sqft, in line with the AED 2,134 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 13 January 2026, is AED 135,000 a year: a gross yield of 5.8% on the 2026 price, before the service charge of about AED 27,600 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Park Heights 1
1M2M2017202020232026Typical 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, November 2018: AED 1,365,888 (AED 1,269 per sqft)Sold, November 2023: AED 2,050,000 (AED 1,905 per sqft)Sold, January 2026: AED 2,340,000 (AED 2,174 per sqft)

1204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Park Heights 1
50K100K150K2020202220242026Typical 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, May 2021: AED 65,000 a yearRenewal, May 2022: AED 70,000 a yearRenewal, May 2023: AED 70,022 a yearNew contract, June 2024: AED 148,000 a yearNew contract, January 2026: AED 135,000 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 1204 sits

All 90 2-beds →

1204 last sold in January 2026 at AED 2,174 per sqft, in line with what two-beds in Park Heights 1 were fetching at the time (AED 2,134). 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. 1204's AED 135,000 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 →

Other units on the 12th floor

All 44 units in Park Heights 1
Value
12032-bedAED 2.15M · Mar 2026
12071-bedAED 1.4M · Jun 2025
12133-bedAED 3.35M · Sep 2025

1204, Park Heights 1 in numbers

  • Sold 3 times: first on 8 November 2018 for AED 1,365,888, last on 5 January 2026 for AED 2,340,000 (AED 2,174 per sqft).
  • Rented since May 2021 on 5 Ejari contracts, from AED 65,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2026 price is 5.8%, before a service charge of about AED 27,600 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 13 January 2026.

Questions about 1204, Park Heights 1

What did unit 1204 last sell for?

AED 2,340,000 on 5 January 2026: AED 2,174 per sqft for 1,076 sqft. The unit has 3 registered sales; the first was AED 1,365,888 in November 2018.

What is the rent for unit 1204?

AED 135,000 a year on the contract signed on 13 January 2026. The previous contract, from June 2024, was AED 148,000; the unit has been rented since May 2021.

How big is unit 1204?

1,076 sqft (100.0 sqm): a two-bedroom apartment on the 12th floor of a 18-storey tower completed in 2020.

What is unit 1204 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 1204, Park Heights 1

Starts from the last sale price (AED 2.34M, 5 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,340,000
Deposit, UAE resident (20%)
AED 468,000
Deposit, non-resident (40%)
AED 936,000
Monthly over 25 years at 3.7%
AED 9,574

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