Home
Dubai prices
About
Research
2-bed · 1,075 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1604, Park Heights 1

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 3 October 2026
Last soldAED 1.37M8 November 2018
Current rentAED 130K /yr3 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1604

Property timeline for 1604, Park Heights 1

What is 1604 worth today?

Last sold for AED 1,374,888 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Oct 2026RentedNew contract
AED 130,000/yr12 months · AED 121 per sqft
20 Sep 2024RentedNew contract
AED 145,000/yr12 months · AED 135 per sqft
1 Jun 2024RentedRenewal
AED 140,000/yr12 months · AED 130 per sqft
1 Jun 2023RentedNew contract
AED 140,000/yr12 months · AED 130 per sqft
14 Apr 2022RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft
8 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
8 Nov 2018Sold by developerOff-plan
AED 1,374,888AED 1,278 per sqft

Source: Dubai Land Department. Updated 3 October 2026.

Key facts

Type
2-bed apartment
Size
1,075 sqft
Parking
PH1-B-165
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,600 /yr
Last sold
AED 1.37M · November 2018
Building
Park Heights 1

About 1604, Park Heights 1

1604 is a two-bedroom apartment of 1,075 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 8 November 2018 for AED 1,374,888, or AED 1,278 per sqft, in line with the AED 1,284 two-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 3 October 2026, is AED 130,000 a year: a gross yield of 9.5% on the 2018 price, before the service charge of about AED 27,600 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical two-bed in Park Heights 1
1M1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,255,888; 2018 AED 1,266,888; 2019 AED 1,263,888; 2021 AED 1,190,000; 2022 AED 1,372,944; 2023 AED 1,775,000; 2024 AED 2,100,000; 2025 AED 2,255,000; 2026 AED 2,150,000Sold by developer, November 2018: AED 1,374,888 (AED 1,278 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, each contractTypical two-bed in Park Heights 1
50K100K150K2020202220242026Typical rent by year: 2020 AED 64,000; 2021 AED 61,500; 2022 AED 72,500; 2023 AED 95,000; 2024 AED 130,000; 2025 AED 131,250; 2026 AED 124,000New contract, April 2021: AED 60,000 a yearNew contract, April 2022: AED 85,000 a yearNew contract, June 2023: AED 140,000 a yearRenewal, June 2024: AED 140,000 a yearNew contract, September 2024: AED 145,000 a yearNew contract, October 2026: AED 130,000 a year

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 1604 sits

All 90 2-beds →

1604 last sold in November 2018 at AED 1,278 per sqft, in line with what two-beds in Park Heights 1 were fetching at the time (AED 1,284). 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. 1604's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,025,000
25 Sep 20262,012,755
5 Aug 20262,050,000
6 Apr 20262,250,000
8 2-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 →

1604, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 8 November 2018 for AED 1,374,888, or AED 1,278 per sqft.
  • Rented since April 2021 on 6 Ejari contracts, from AED 60,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2018 price is 9.5%, before a service charge of about AED 27,600 a year (AED 25.65 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 3 October 2026.

Questions about 1604, Park Heights 1

What did unit 1604 last sell for?

AED 1,374,888 on 8 November 2018, sold by the developer: AED 1,278 per sqft for 1,075 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 130,000 a year on the contract signed on 3 October 2026. The previous contract, from September 2024, was AED 145,000; the unit has been rented since April 2021.

How big is unit 1604?

1,075 sqft (99.9 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1604 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.

Selling 1604? 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.

How OpenOffers works

Mortgage on 1604, Park Heights 1

Starts from the last sale price (AED 1.37M, 8 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,374,888
Deposit, UAE resident (20%)
AED 274,978
Deposit, non-resident (40%)
AED 549,955
Monthly over 25 years at 3.7%
AED 5,625

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