1603, Park Heights 1
Sold prices and rental history: sold twice, last in March 2023, 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 1603, Park Heights 1
What is 1603 worth today?
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Source: Dubai Land Department. Updated 14 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 956 sqft
- Parking
- PH1-B-46
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.8M · March 2023
- Building
- Park Heights 1
About 1603, Park Heights 1
1603 is a two-bedroom apartment of 956 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 14 March 2023 for AED 1,800,000, or AED 1,882 per sqft, 42% above the AED 1,324 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Heights 1, and where 1603 sits
All 90 2-beds →1603 last sold in March 2023 at AED 1,882 per sqft, 42% above what two-beds in Park Heights 1 were fetching at the time (AED 1,324). Over the last 12 months two-beds sold for AED 2,012,755 to 2,340,000, around AED 2,146 per sqft, and rent for AED 90,587 to 180,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 956 sqft | 2,025,000 | 2,118 | ||
| 25 Sep 202625 September 2026 | 959 sqft | 2,012,755 | 2,097 | ||
| 5 Aug 20265 August 2026 | 1,076 sqft | 2,050,000 | 1,905 | ||
| 6 Apr 20266 April 2026 | 955 sqft | 2,250,000 | 2,355 |
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%
1603, Park Heights 1 in numbers
- Sold twice: first on 3 March 2019 for AED 1,262,888, last on 14 March 2023 for AED 1,800,000 (AED 1,882 per sqft).
- Two-beds in Park Heights 1 sold for AED 2,012,755–2,340,000 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 14 March 2023.
Questions about 1603, Park Heights 1
What did unit 1603 last sell for?
AED 1,800,000 on 14 March 2023: AED 1,882 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 1,262,888 in March 2019.
How big is unit 1603?
956 sqft (88.8 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Heights 1 sold for AED 2,012,755 to 2,340,000 in the last 12 months, around AED 2,146 per sqft.
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Mortgage on 1603, Park Heights 1
Starts from the last sale price (AED 1.8M, 14 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →