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2-bed · 955 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1615, Park Heights 1

Sold prices and rental history: sold once, by the developer in July 2019, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1615 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.26M24 July 2019
Current rentAED 130K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1615, Park Heights 1

What is 1615 worth today?

Last sold for AED 1,263,888 in 2019

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1 Nov 2026RentedNew contract
AED 130,000/yr12 months · AED 136 per sqft
24 Jul 2019Sold by developerOff-plan
AED 1,263,888AED 1,323 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
955 sqft
Parking
PH1-B-190
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 24,500 /yr
Last sold
AED 1.26M · July 2019
Building
Park Heights 1

About 1615, Park Heights 1

1615 is a two-bedroom apartment of 955 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 24 July 2019 for AED 1,263,888, or AED 1,323 per sqft, in line with the AED 1,300 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2026. The current contract, signed on 1 November 2026, is AED 130,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 24,500 a year.

Sales and rents for 1615 over time

Sales
Unit 1615, 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, July 2019: AED 1,263,888 (AED 1,323 per sqft)

1615 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1615, each contractTypical two-bed in Park Heights 1
50K100K2020202220242026Typical 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, November 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 1615 sits

All 90 2-beds →

1615 last sold in July 2019 at AED 1,323 per sqft, in line with what two-beds in Park Heights 1 were fetching at the time (AED 1,300). 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. 1615'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 →

1615, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 24 July 2019 for AED 1,263,888, or AED 1,323 per sqft.
  • Rented since November 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2019 price is 10.3%, before a service charge of about AED 24,500 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 1 November 2026.

Questions about 1615, Park Heights 1

What did unit 1615 last sell for?

AED 1,263,888 on 24 July 2019, sold by the developer: AED 1,323 per sqft for 955 sqft. It is the only registered sale of the unit.

What is the rent for unit 1615?

AED 130,000 a year on the contract signed on 1 November 2026.

How big is unit 1615?

955 sqft (88.7 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1615 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 1615, Park Heights 1

Starts from the last sale price (AED 1.26M, 24 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,263,888
Deposit, UAE resident (20%)
AED 252,778
Deposit, non-resident (40%)
AED 505,555
Monthly over 25 years at 3.7%
AED 5,171

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