1-bed · 646 sqftPark Heights 1, Dubai Hills Estate · 14th floor · completed 2020

1407, Park Heights 1

Sold prices and rental history: sold 3 times, last in March 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 9 March 2026
Last soldAED 1.49M9 March 2026
Current rentAED 105K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Park Heights 1

What is 1407 worth today?

Last sold for AED 1,490,000 in 2026

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9 Mar 2026SoldReady
AED 1,490,000AED 2,307 per sqft
18 Dec 2024RentedNew contract
AED 105,000/yr12 months · AED 163 per sqft
1 Nov 2023RentedNew contract
AED 112,000/yr12 months · AED 173 per sqft
26 May 2023SoldReady
AED 1,056,100AED 1,635 per sqft
25 Mar 2022RentedRenewal
AED 46,200/yr12 months · AED 73 per sqft
25 Mar 2021RentedNew contract
AED 44,000/yr12 months · AED 69 per sqft
14 Aug 2017Sold by developerOff-plan
AED 866,888AED 1,342 per sqft

Source: Dubai Land Department. Updated 9 March 2026.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
14th of 18
Parking
PH1-B-76
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.49M · March 2026

About 1407, Park Heights 1

1407 is a one-bedroom apartment of 646 sqft on the 14th floor of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 9 March 2026 for AED 1,490,000, or AED 2,307 per sqft, 6% above the AED 2,168 one-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 18 December 2024, is AED 105,000 a year: a gross yield of 7.0% on the 2026 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, August 2017: AED 866,888 (AED 1,342 per sqft)Sold, May 2023: AED 1,056,100 (AED 1,635 per sqft)Sold, March 2026: AED 1,490,000 (AED 2,307 per sqft)

1407 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, 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, March 2021: AED 44,000 a yearRenewal, March 2022: AED 46,200 a yearNew contract, November 2023: AED 112,000 a yearNew contract, December 2024: AED 105,000 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 1407 sits

All 144 1-beds →

1407 last sold in March 2026 at AED 2,307 per sqft, 6% above what one-beds in Park Heights 1 were fetching at the time (AED 2,168). 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. 1407's AED 105,000 is in the upper 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
11 Feb 20261,420,000
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 →

1407, Park Heights 1 in numbers

  • Sold 3 times: first on 14 August 2017 for AED 866,888, last on 9 March 2026 for AED 1,490,000 (AED 2,307 per sqft).
  • Rented since March 2021 on 4 Ejari contracts, from AED 44,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2026 price is 7.0%, 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 9 March 2026.

Questions about 1407, Park Heights 1

What did unit 1407 last sell for?

AED 1,490,000 on 9 March 2026: AED 2,307 per sqft for 646 sqft. The unit has 3 registered sales; the first was AED 866,888 in August 2017.

What is the rent for unit 1407?

AED 105,000 a year on the contract signed on 18 December 2024. The previous contract, from November 2023, was AED 112,000; the unit has been rented since March 2021.

How big is unit 1407?

646 sqft (60.0 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2020.

What is unit 1407 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 1407, Park Heights 1

Starts from the last sale price (AED 1.49M, 9 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,000
Deposit, UAE resident (20%)
AED 298,000
Deposit, non-resident (40%)
AED 596,000
Monthly over 25 years at 3.7%
AED 6,096

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