1601, Park Heights 1
Sold prices and rental history: sold twice, last in November 2021, 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 1601, Park Heights 1
What is 1601 worth today?
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Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 648 sqft
- Parking
- PH1-B-230
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 760K · November 2021
- Building
- Park Heights 1
About 1601, Park Heights 1
1601 is a one-bedroom apartment of 648 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 30 November 2021 for AED 760,000, or AED 1,172 per sqft, in line with the AED 1,159 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 15 January 2026, is AED 100,000 a year: a gross yield of 13.2% on the 2021 price, before the service charge of about AED 16,600 a year.
Sales and rents for 1601 over time
1601 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 1601 sits
All 144 1-beds →1601 last sold in November 2021 at AED 1,172 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,159). 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. 1601's AED 100,000 is in the upper 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%
1601, Park Heights 1 in numbers
- Sold twice: first on 24 May 2018 for AED 872,888, last on 30 November 2021 for AED 760,000 (AED 1,172 per sqft).
- Rented since April 2021 on 7 Ejari contracts, from AED 35,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2021 price is 13.2%, 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 15 January 2026.
Questions about 1601, Park Heights 1
What did unit 1601 last sell for?
AED 760,000 on 30 November 2021: AED 1,172 per sqft for 648 sqft. The unit has 2 registered sales; the first was AED 872,888 in May 2018.
What is the rent for unit 1601?
AED 100,000 a year on the contract signed on 15 January 2026. The previous contract, from January 2025, was AED 90,000; the unit has been rented since April 2021.
How big is unit 1601?
648 sqft (60.2 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 1601 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 1601, Park Heights 1
Starts from the last sale price (AED 760K, 30 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 760,000
- Deposit, UAE resident (20%)
- AED 152,000
- Deposit, non-resident (40%)
- AED 304,000
- Monthly over 25 years at 3.7%
- AED 3,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →