1-bed · 649 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1301, Park Heights 1

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 867K11 February 2019
Current rentAED 75K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Park Heights 1

What is 1301 worth today?

Last sold for AED 866,888 in 2019

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20 May 2026RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
28 Jul 2025RentedNew contract
AED 85,000/yr12 months · AED 131 per sqft
1 Jun 2023RentedRenewal
AED 46,200/yr12 months · AED 71 per sqft
1 Jun 2022RentedRenewal
AED 44,000/yr12 months · AED 68 per sqft
1 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
11 Feb 2019Sold by developerOff-plan
AED 866,888AED 1,336 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
1-bed apartment
Size
649 sqft
Parking
PH1-B-80
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 867K · February 2019

About 1301, Park Heights 1

1301 is a one-bedroom apartment of 649 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 11 February 2019 for AED 866,888, or AED 1,336 per sqft, in line with the AED 1,333 one-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 20 May 2026, is AED 75,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, February 2019: AED 866,888 (AED 1,336 per sqft)

1301 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1301, 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, June 2021: AED 40,000 a yearRenewal, June 2022: AED 44,000 a yearRenewal, June 2023: AED 46,200 a yearNew contract, July 2025: AED 85,000 a yearNew contract, May 2026: AED 75,000 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 1301 sits

All 144 1-beds →

1301 last sold in February 2019 at AED 1,336 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,333). 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. 1301's AED 75,000 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 →

1301, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 11 February 2019 for AED 866,888, or AED 1,336 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 40,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 16,600 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 20 May 2026.

Questions about 1301, Park Heights 1

What did unit 1301 last sell for?

AED 866,888 on 11 February 2019, sold by the developer: AED 1,336 per sqft for 649 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301?

AED 75,000 a year on the contract signed on 20 May 2026. The previous contract, from July 2025, was AED 85,000; the unit has been rented since June 2021.

How big is unit 1301?

649 sqft (60.3 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1301 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 1301, Park Heights 1

Starts from the last sale price (AED 867K, 11 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 866,888
Deposit, UAE resident (20%)
AED 173,378
Deposit, non-resident (40%)
AED 346,755
Monthly over 25 years at 3.7%
AED 3,547

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