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

1311, Park Heights 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 18 January 2025
Last soldAED 997K11 October 2022
Current rentAED 95K /yr18 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1311, Park Heights 1

What is 1311 worth today?

Last sold for AED 996,888 in 2022

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18 Jan 2025RentedRenewal
AED 94,500/yr12 months · AED 144 per sqft
19 Jan 2024RentedRenewal
AED 94,500/yr12 months · AED 144 per sqft
20 Jan 2023RentedNew contract
AED 90,000/yr12 months · AED 137 per sqft
11 Oct 2022Sold by developerReady
AED 996,888AED 1,516 per sqft

Source: Dubai Land Department. Updated 18 January 2025.

Key facts

Type
1-bed apartment
Size
657 sqft
Parking
PH1-G-18
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,900 /yr
Last sold
AED 997K · October 2022
Building
Park Heights 1

About 1311, Park Heights 1

1311 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. The developer sold it on 11 October 2022 for AED 996,888, or AED 1,516 per sqft, 10% above the AED 1,379 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 18 January 2025, is AED 94,500 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 16,900 a year.

Sales and rents for 1311 over time

Sales
Unit 1311, 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, October 2022: AED 996,888 (AED 1,516 per sqft)

1311 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1311, each contractTypical one-bed in Park Heights 1
50K75K100K2020202220242026Typical 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 83,000New contract, January 2023: AED 90,000 a yearRenewal, January 2024: AED 94,500 a yearRenewal, January 2025: AED 94,500 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 1311 sits

All 144 1-beds →

1311 last sold in October 2022 at AED 1,516 per sqft, 10% above what one-beds in Park Heights 1 were fetching at the time (AED 1,379). 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. 1311's AED 94,500 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 →

1311, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 11 October 2022 for AED 996,888, or AED 1,516 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, from AED 90,000 to AED 94,500 a year.
  • At AED 94,500 a year the gross yield on the 2022 price is 9.5%, 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 18 January 2025.

Questions about 1311, Park Heights 1

What did unit 1311 last sell for?

AED 996,888 on 11 October 2022, sold by the developer: AED 1,516 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 1311?

AED 94,500 a year on the contract renewed on 18 January 2025. The previous contract, from January 2024, was AED 94,500; the unit has been rented since January 2023.

How big is unit 1311?

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

What is unit 1311 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 1311, Park Heights 1

Starts from the last sale price (AED 997K, 11 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 996,888
Deposit, UAE resident (20%)
AED 199,378
Deposit, non-resident (40%)
AED 398,755
Monthly over 25 years at 3.7%
AED 4,079

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