3-bed · 1,611 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1305, Park Heights 1

Sold prices and rental history: sold once, by the developer in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 3 March 2021
Last soldAED 2.14M3 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Park Heights 1

What is 1305 worth today?

Last sold for AED 2,139,732 in 2021

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3 Mar 2021Sold by developerReady
AED 2,139,732AED 1,327 per sqft

Source: Dubai Land Department. Updated 3 March 2021.

Key facts

Type
3-bed apartment
Size
1,611 sqft
Parking
PH1-G-42, PH1-G-43
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 41,300 /yr
Last sold
AED 2.14M · March 2021

About 1305, Park Heights 1

1305 is a three-bedroom apartment of 1,611 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 3 March 2021 for AED 2,139,732, or AED 1,327 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical three-bed in Park Heights 1
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,137,888; 2018 AED 2,117,388; 2019 AED 2,108,888; 2021 AED 2,176,888; 2022 AED 2,203,388; 2024 AED 2,740,000; 2025 AED 3,050,000; 2026 AED 3,050,000Sold by developer, March 2021: AED 2,139,732 (AED 1,327 per sqft)

1305 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1305, each contractTypical three-bed in Park Heights 1
100K150K200K2021202320252027Typical rent by year: 2021 AED 100,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 189,286; 2025 AED 208,000; 2026 AED 200,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Heights 1, and where 1305 sits

All 36 3-beds →

Over the last 12 months three-beds sold for AED 1,625,572 to 3,200,000, around AED 1,954 per sqft, and rent for AED 170,000 to 247,500 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Jul 20262,900,000
7 May 20263,050,000
1 Apr 20263,200,000
6 Mar 20263,150,000
7 3-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 →

1305, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 3 March 2021 for AED 2,139,732, or AED 1,327 per sqft.
  • Three-beds in Park Heights 1 sold for AED 1,625,572–3,200,000 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 3 March 2021.

Questions about 1305, Park Heights 1

What did unit 1305 last sell for?

AED 2,139,732 on 3 March 2021, sold by the developer: AED 1,327 per sqft for 1,611 sqft. It is the only registered sale of the unit.

How big is unit 1305?

1,611 sqft (149.7 sqm): a three-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Heights 1 sold for AED 1,625,572 to 3,200,000 in the last 12 months, around AED 1,954 per sqft.

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Mortgage on 1305, Park Heights 1

Starts from the last sale price (AED 2.14M, 3 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,139,732
Deposit, UAE resident (20%)
AED 427,946
Deposit, non-resident (40%)
AED 855,893
Monthly over 25 years at 3.7%
AED 8,754

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