1502, Park Heights 1
Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Park Heights 1
What is 1502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 646 sqft
- Parking
- PH1-B-92
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 870K · May 2018
- Building
- Park Heights 1
About 1502, Park Heights 1
1502 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. The developer sold it on 3 May 2018 for AED 869,888, or AED 1,347 per sqft, in line with the AED 1,338 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 8 June 2025, is AED 68,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 16,600 a year.
Sales and rents for 1502 over time
1502 has sold once; 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 1502 sits
All 144 1-beds →1502 last sold in May 2018 at AED 1,347 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,338). 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. 1502's AED 68,000 is in the lower half of that range.
| 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%
1502, Park Heights 1 in numbers
- Sold once: by Dubai Hills Estate on 3 May 2018 for AED 869,888, or AED 1,347 per sqft.
- Rented since August 2021 on 4 Ejari contracts, from AED 45,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2018 price is 7.8%, 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 8 June 2025.
Questions about 1502, Park Heights 1
What did unit 1502 last sell for?
AED 869,888 on 3 May 2018, sold by the developer: AED 1,347 per sqft for 646 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 68,000 a year on the contract renewed on 8 June 2025. The previous contract, from June 2024, was AED 68,000; the unit has been rented since August 2021.
How big is unit 1502?
646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 1502 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.
Selling 1502? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1502, Park Heights 1
Starts from the last sale price (AED 870K, 3 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 869,888
- Deposit, UAE resident (20%)
- AED 173,978
- Deposit, non-resident (40%)
- AED 347,955
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →