1-bed · 645 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1614, Park Heights 1

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1614 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 925K15 February 2023
Current rentAED 78K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1614, Park Heights 1

What is 1614 worth today?

Last sold for AED 925,000 in 2023

Unlock today's estimate, updated daily, with

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

15 Sep 2026RentedNew contract
AED 78,000/yr12 months · AED 123 per sqft
31 Jan 2026RentedNew contract
AED 110,000/yr12 months · AED 170 per sqft
31 Jul 2024RentedNew contract
AED 105,000/yr12 months · AED 163 per sqft
31 Jul 2023RentedNew contract
AED 100,000/yr12 months · AED 155 per sqft
3 Mar 2023RentedNew contract
AED 100,000/yr12 months · AED 155 per sqft
15 Feb 2023SoldReady
AED 925,000AED 1,434 per sqft
5 Apr 2022RentedRenewal
AED 47,250/yr12 months · AED 73 per sqft
5 Apr 2021RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
1-bed apartment
Size
645 sqft
Parking
PH1-B-235
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,500 /yr
Last sold
AED 925K · February 2023

About 1614, Park Heights 1

1614 is a one-bedroom apartment of 645 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 15 February 2023 for AED 925,000, or AED 1,434 per sqft, in line with the AED 1,417 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 September 2026, is AED 78,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1614 over time

Sales
Unit 1614, each saleTypical one-bed in Park Heights 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 863,888; 2018 AED 862,888; 2019 AED 864,070; 2020 AED 868,888; 2021 AED 750,000; 2022 AED 917,500; 2023 AED 1,111,000; 2024 AED 1,300,000; 2025 AED 1,387,500; 2026 AED 1,360,000Sold by developer, July 2017: AED 871,888 (AED 1,351 per sqft)Sold, February 2023: AED 925,000 (AED 1,434 per sqft)

1614 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1614, each contractTypical one-bed in Park Heights 1
50K100K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 41,884; 2022 AED 48,000; 2023 AED 67,425; 2024 AED 80,000; 2025 AED 88,000; 2026 AED 82,750New contract, April 2021: AED 45,000 a yearRenewal, April 2022: AED 47,250 a yearNew contract, March 2023: AED 100,000 a yearNew contract, July 2023: AED 100,000 a yearNew contract, July 2024: AED 105,000 a yearNew contract, January 2026: AED 110,000 a yearNew contract, September 2026: AED 78,000 a year

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 1614 sits

All 144 1-beds →

1614 last sold in February 2023 at AED 1,434 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,417). 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. 1614's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Oct 20261,250,000
3 Jun 20261,360,000
2 Jun 20261,350,000
9 Mar 20261,490,000
10 1-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 →

1614, Park Heights 1 in numbers

  • Sold twice: first on 20 July 2017 for AED 871,888, last on 15 February 2023 for AED 925,000 (AED 1,434 per sqft).
  • Rented since April 2021 on 7 Ejari contracts, from AED 45,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 16,500 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 September 2026.

Questions about 1614, Park Heights 1

What did unit 1614 last sell for?

AED 925,000 on 15 February 2023: AED 1,434 per sqft for 645 sqft. The unit has 2 registered sales; the first was AED 871,888 in July 2017.

What is the rent for unit 1614?

AED 78,000 a year on the contract signed on 15 September 2026. The previous contract, from January 2026, was AED 110,000; the unit has been rented since April 2021.

How big is unit 1614?

645 sqft (59.9 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1614 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 1614? 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 1614, Park Heights 1

Starts from the last sale price (AED 925K, 15 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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