1-bed · 646 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1406, Park Heights 1

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 18 August 2026
Last soldAED 1.5M26 September 2024
Current rentAED 85K /yr18 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Park Heights 1

What is 1406 worth today?

Last sold for AED 1,500,000 in 2024

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18 Aug 2026RentedRenewal
AED 85,000/yr12 months · AED 134 per sqft
19 Aug 2025RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
11 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 178 per sqft
26 Sep 2024SoldReady
AED 1,500,000AED 2,323 per sqft
10 Aug 2023RentedNew contract
AED 97,000/yr12 months · AED 150 per sqft
10 Apr 2023SoldReady
AED 990,000AED 1,533 per sqft
7 Apr 2022RentedNew contract
AED 44,000/yr12 months · AED 68 per sqft
25 Aug 2021SoldReady
AED 720,000AED 1,115 per sqft

Source: Dubai Land Department. Updated 18 August 2026.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-77
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.5M · September 2024

About 1406, Park Heights 1

1406 is a one-bedroom apartment of 646 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 26 September 2024 for AED 1,500,000, or AED 2,323 per sqft, 20% above the AED 1,942 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 18 August 2026, is AED 85,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, March 2018: AED 866,888 (AED 1,342 per sqft)Sold, August 2021: AED 720,000 (AED 1,115 per sqft)Sold, April 2023: AED 990,000 (AED 1,533 per sqft)Sold, September 2024: AED 1,500,000 (AED 2,323 per sqft)

1406 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, each contractTypical one-bed in Park Heights 1
50K100K2020202220242026Typical 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 82,750New contract, April 2021: AED 40,000 a yearNew contract, April 2022: AED 44,000 a yearNew contract, August 2023: AED 97,000 a yearNew contract, October 2024: AED 115,000 a yearNew contract, August 2025: AED 90,000 a yearRenewal, August 2026: AED 85,000 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 1406 sits

All 144 1-beds →

1406 last sold in September 2024 at AED 2,323 per sqft, 20% above what one-beds in Park Heights 1 were fetching at the time (AED 1,942). 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. 1406's AED 85,000 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 →

1406, Park Heights 1 in numbers

  • Sold 4 times: first on 6 March 2018 for AED 866,888, last on 26 September 2024 for AED 1,500,000 (AED 2,323 per sqft).
  • Rented since April 2021 on 6 Ejari contracts, from AED 40,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 16,600 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 August 2026.

Questions about 1406, Park Heights 1

What did unit 1406 last sell for?

AED 1,500,000 on 26 September 2024: AED 2,323 per sqft for 646 sqft. The unit has 4 registered sales; the first was AED 866,888 in March 2018.

What is the rent for unit 1406?

AED 85,000 a year on the contract renewed on 18 August 2026. The previous contract, from August 2025, was AED 90,000; the unit has been rented since April 2021.

How big is unit 1406?

646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1406 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 1406, Park Heights 1

Starts from the last sale price (AED 1.5M, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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