2-bed · 1,089 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1312, Park Heights 1

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1312 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 2.1M7 March 2024
Current rentAED 155K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1312, Park Heights 1

What is 1312 worth today?

Last sold for AED 2,100,000 in 2024

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5 Sep 2025RentedNew contract
AED 155,000/yr12 months · AED 143 per sqft
7 Mar 2024SoldReady
AED 2,100,000AED 1,927 per sqft
9 Mar 2023RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
9 Mar 2022RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
9 Mar 2021RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
10 May 2018Sold by developerOff-plan
AED 1,296,888AED 1,190 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
2-bed apartment
Size
1,089 sqft
Parking
PH1-B-116
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,900 /yr
Last sold
AED 2.1M · March 2024

About 1312, Park Heights 1

1312 is a two-bedroom apartment of 1,089 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 7 March 2024 for AED 2,100,000, or AED 1,927 per sqft, 6% above the AED 1,823 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 September 2025, is AED 155,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 27,900 a year.

Sales and rents for 1312 over time

Sales
Unit 1312, each saleTypical two-bed in Park Heights 1
1M1.5M2M2017202020232026Typical 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, May 2018: AED 1,296,888 (AED 1,190 per sqft)Sold, March 2024: AED 2,100,000 (AED 1,927 per sqft)

1312 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1312, 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, March 2021: AED 65,000 a yearRenewal, March 2022: AED 65,000 a yearRenewal, March 2023: AED 65,000 a yearNew contract, September 2025: AED 155,000 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 1312 sits

All 90 2-beds →

1312 last sold in March 2024 at AED 1,927 per sqft, 6% above what two-beds in Park Heights 1 were fetching at the time (AED 1,823). 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. 1312's AED 155,000 is in the upper 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 →

1312, Park Heights 1 in numbers

  • Sold twice: first on 10 May 2018 for AED 1,296,888, last on 7 March 2024 for AED 2,100,000 (AED 1,927 per sqft).
  • Rented since March 2021 on 4 Ejari contracts, from AED 65,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 27,900 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 5 September 2025.

Questions about 1312, Park Heights 1

What did unit 1312 last sell for?

AED 2,100,000 on 7 March 2024: AED 1,927 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 1,296,888 in May 2018.

What is the rent for unit 1312?

AED 155,000 a year on the contract signed on 5 September 2025. The previous contract, from March 2023, was AED 65,000; the unit has been rented since March 2021.

How big is unit 1312?

1,089 sqft (101.2 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1312 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 1312, Park Heights 1

Starts from the last sale price (AED 2.1M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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