1408, Park Heights 1
Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Park Heights 1
What is 1408 worth today?
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Source: Dubai Land Department. Updated 15 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 646 sqft
- Parking
- PH1-B-75
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 920K · November 2022
- Building
- Park Heights 1
About 1408, Park Heights 1
1408 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 15 November 2022 for AED 920,000, or AED 1,424 per sqft, in line with the AED 1,417 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1408 over time
1408 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1408 sits
All 144 1-beds →1408 last sold in November 2022 at AED 1,424 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,417). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 646 sqft | 1,250,000 | 1,936 | ||
| 3 Jun 20263 June 2026 | 646 sqft | 1,360,000 | 2,106 | ||
| 2 Jun 20262 June 2026 | 646 sqft | 1,350,000 | 2,091 | ||
| 9 Mar 20269 March 2026 | 646 sqft | 1,490,000 | 2,307 |
Park Heights 1
Building44 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%
1408, Park Heights 1 in numbers
- Sold twice: first on 8 April 2018 for AED 866,888, last on 15 November 2022 for AED 920,000 (AED 1,424 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 15 November 2022.
Questions about 1408, Park Heights 1
What did unit 1408 last sell for?
AED 920,000 on 15 November 2022: AED 1,424 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 866,888 in April 2018.
How big is unit 1408?
646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 1408 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 1408, Park Heights 1
Starts from the last sale price (AED 920K, 15 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →