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

1404, Park Heights 1

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

Unit 1404 · DLD and Ejari recordsUpdated 26 December 2025
Last soldAED 2.31M15 November 2024
Current rentAED 147K /yr26 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Park Heights 1

What is 1404 worth today?

Last sold for AED 2,310,000 in 2024

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26 Dec 2025RentedNew contract
AED 147,000/yr12 months · AED 137 per sqft
1 Dec 2024RentedNew contract
AED 145,000/yr12 months · AED 135 per sqft
15 Nov 2024SoldReady
AED 2,310,000AED 2,146 per sqft
15 May 2024RentedRenewal
AED 83,641/yr2 months · AED 78 per sqft
15 May 2023RentedRenewal
AED 83,160/yr12 months · AED 78 per sqft
15 May 2022RentedRenewal
AED 69,300/yr12 months · AED 65 per sqft
15 May 2021RentedNew contract
AED 66,000/yr12 months · AED 62 per sqft
17 May 2018Sold by developerOff-plan
AED 1,370,888AED 1,274 per sqft

Source: Dubai Land Department. Updated 26 December 2025.

Key facts

Type
2-bed apartment
Size
1,076 sqft
Parking
PH1-B-149
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,600 /yr
Last sold
AED 2.31M · November 2024

About 1404, Park Heights 1

1404 is a two-bedroom apartment of 1,076 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 15 November 2024 for AED 2,310,000, or AED 2,146 per sqft, 8% above the AED 1,984 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 26 December 2025, is AED 147,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 27,600 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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, May 2018: AED 1,370,888 (AED 1,274 per sqft)Sold, November 2024: AED 2,310,000 (AED 2,146 per sqft)

1404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, 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 66,000 a yearRenewal, May 2022: AED 69,300 a yearRenewal, May 2023: AED 83,160 a yearRenewal, May 2024: AED 83,641 a yearNew contract, December 2024: AED 145,000 a yearNew contract, December 2025: AED 147,000 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 1404 sits

All 90 2-beds →

1404 last sold in November 2024 at AED 2,146 per sqft, 8% above what two-beds in Park Heights 1 were fetching at the time (AED 1,984). 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. 1404's AED 147,000 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 →

1404, Park Heights 1 in numbers

  • Sold twice: first on 17 May 2018 for AED 1,370,888, last on 15 November 2024 for AED 2,310,000 (AED 2,146 per sqft).
  • Rented since May 2021 on 6 Ejari contracts, from AED 66,000 to AED 147,000 a year.
  • At AED 147,000 a year the gross yield on the 2024 price is 6.4%, 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 26 December 2025.

Questions about 1404, Park Heights 1

What did unit 1404 last sell for?

AED 2,310,000 on 15 November 2024: AED 2,146 per sqft for 1,076 sqft. The unit has 2 registered sales; the first was AED 1,370,888 in May 2018.

What is the rent for unit 1404?

AED 147,000 a year on the contract signed on 26 December 2025. The previous contract, from December 2024, was AED 145,000; the unit has been rented since May 2021.

How big is unit 1404?

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

What is unit 1404 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 1404, Park Heights 1

Starts from the last sale price (AED 2.31M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,310,000
Deposit, UAE resident (20%)
AED 462,000
Deposit, non-resident (40%)
AED 924,000
Monthly over 25 years at 3.7%
AED 9,451

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