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

1409, Park Heights 1

Sold prices and rental history: sold twice, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 19 October 2022
Last soldAED 930K19 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Park Heights 1

What is 1409 worth today?

Last sold for AED 930,000 in 2022

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19 Oct 2022SoldReady
AED 930,000AED 1,440 per sqft
8 Apr 2018Sold by developerOff-plan
AED 866,888AED 1,342 per sqft

Source: Dubai Land Department. Updated 19 October 2022.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-74
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 930K · October 2022

About 1409, Park Heights 1

1409 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 19 October 2022 for AED 930,000, or AED 1,440 per sqft, 3% above the AED 1,394 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1409 over time

Sales
Unit 1409, 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, April 2018: AED 866,888 (AED 1,342 per sqft)Sold, October 2022: AED 930,000 (AED 1,440 per sqft)

1409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1409, each contractTypical one-bed in Park Heights 1
50K75K2020202220242026Typical 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 82,750

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 1409 sits

All 144 1-beds →

1409 last sold in October 2022 at AED 1,440 per sqft, 3% above what one-beds in Park Heights 1 were fetching at the time (AED 1,394). 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 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 →

1409, Park Heights 1 in numbers

  • Sold twice: first on 8 April 2018 for AED 866,888, last on 19 October 2022 for AED 930,000 (AED 1,440 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 19 October 2022.

Questions about 1409, Park Heights 1

What did unit 1409 last sell for?

AED 930,000 on 19 October 2022: AED 1,440 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 866,888 in April 2018.

How big is unit 1409?

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

What is unit 1409 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 1409, Park Heights 1

Starts from the last sale price (AED 930K, 19 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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