1505, 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 1505, Park Heights 1
What is 1505 worth today?
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Source: Dubai Land Department. Updated 21 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,611 sqft
- Parking
- PH1-G-38, PH1-G-39
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 41,300 /yr
- Last sold
- AED 2.14M · May 2018
- Building
- Park Heights 1
About 1505, Park Heights 1
1505 is a three-bedroom apartment of 1,611 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 2,141,888, or AED 1,329 per sqft, in line with the AED 1,326 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 21 August 2026, is AED 180,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 41,300 a year.
Sales and rents for 1505 over time
1505 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Park Heights 1, and where 1505 sits
All 36 3-beds →1505 last sold in May 2018 at AED 1,329 per sqft, in line with what three-beds in Park Heights 1 were fetching at the time (AED 1,326). Over the last 12 months three-beds sold for AED 1,625,572 to 3,200,000, around AED 1,954 per sqft, and rent for AED 170,000 to 247,500 a year. 1505's AED 180,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202614 July 2026 | 1,610 sqft | 2,900,000 | 1,801 | ||
| 7 May 20267 May 2026 | 1,611 sqft | 3,050,000 | 1,892 | ||
| 1 Apr 20261 April 2026 | 1,610 sqft | 3,200,000 | 1,988 | ||
| 6 Mar 20266 March 2026 | 1,611 sqft | 3,150,000 | 1,954 |
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%
1505, Park Heights 1 in numbers
- Sold once: by Dubai Hills Estate on 3 May 2018 for AED 2,141,888, or AED 1,329 per sqft.
- Rented since August 2021 on 6 Ejari contracts, from AED 110,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 41,300 a year (AED 25.65 per sqft).
- Three-beds in Park Heights 1 sold for AED 1,625,572–3,200,000 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 21 August 2026.
Questions about 1505, Park Heights 1
What did unit 1505 last sell for?
AED 2,141,888 on 3 May 2018, sold by the developer: AED 1,329 per sqft for 1,611 sqft. It is the only registered sale of the unit.
What is the rent for unit 1505?
AED 180,000 a year on the contract signed on 21 August 2026. The previous contract, from September 2025, was AED 210,000; the unit has been rented since August 2021.
How big is unit 1505?
1,611 sqft (149.7 sqm): a three-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 1505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Heights 1 sold for AED 1,625,572 to 3,200,000 in the last 12 months, around AED 1,954 per sqft.
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Mortgage on 1505, Park Heights 1
Starts from the last sale price (AED 2.14M, 3 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,141,888
- Deposit, UAE resident (20%)
- AED 428,378
- Deposit, non-resident (40%)
- AED 856,755
- Monthly over 25 years at 3.7%
- AED 8,763
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →