3-bed · 806 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1405, Park Heights 1

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 2.14M6 July 2017
Current rentAED 200K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Park Heights 1

What is 1405 worth today?

Last sold for AED 2,137,888 in 2017

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15 May 2026RentedNew contract
AED 200,000/yr12 months · AED 124 per sqft
28 Feb 2025RentedRenewal
AED 210,000/yr12 months · AED 131 per sqft
28 Feb 2025RentedRenewal
AED 210,000/yr12 months · AED 131 per sqft
28 Feb 2024RentedRenewal
AED 190,000/yr12 months · AED 118 per sqft
28 Feb 2023RentedRenewal
AED 160,000/yr12 months · AED 99 per sqft
28 Feb 2022RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft
28 Feb 2021RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
6 Jul 2017Sold by developerOff-plan
AED 2,137,888AED 1,326 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
3-bed apartment
Size
806 sqft
Parking
PH1-G-40, PH1-G-41
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 20,700 /yr
Last sold
AED 2.14M · July 2017

About 1405, Park Heights 1

1405 is a three-bedroom apartment of 806 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 6 July 2017 for AED 2,137,888, or AED 1,326 per sqft.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 15 May 2026, is AED 200,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, July 2017: AED 2,137,888 (AED 1,326 per sqft)

1405 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1405, 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 200,000New contract, February 2021: AED 100,000 a yearRenewal, February 2022: AED 120,000 a yearRenewal, February 2023: AED 160,000 a yearRenewal, February 2024: AED 190,000 a yearRenewal, February 2025: AED 210,000 a yearRenewal, February 2025: AED 210,000 a yearNew contract, May 2026: AED 200,000 a year

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 1405 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. 1405's AED 200,000 is in the lower half of that range.

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 →

1405, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 6 July 2017 for AED 2,137,888, or AED 1,326 per sqft.
  • Rented since February 2021 on 7 Ejari contracts, from AED 100,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 9.4%, before a service charge of about AED 20,700 a year (AED 25.65 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 15 May 2026.

Questions about 1405, Park Heights 1

What did unit 1405 last sell for?

AED 2,137,888 on 6 July 2017, sold by the developer: AED 1,326 per sqft for 806 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 200,000 a year on the contract signed on 15 May 2026. The previous contract, from February 2025, was AED 210,000; the unit has been rented since February 2021.

How big is unit 1405?

806 sqft (74.9 sqm): a three-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1405 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 1405, Park Heights 1

Starts from the last sale price (AED 2.14M, 6 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,137,888
Deposit, UAE resident (20%)
AED 427,578
Deposit, non-resident (40%)
AED 855,155
Monthly over 25 years at 3.7%
AED 8,747

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