1702, Park Heights 1
Sold prices and rental history: sold once, by the developer in August 2019, 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 1702, Park Heights 1
What is 1702 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 645 sqft
- Parking
- PH1-B-64
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,500 /yr
- Last sold
- AED 874K · August 2019
- Building
- Park Heights 1
About 1702, Park Heights 1
1702 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. The developer sold it on 18 August 2019 for AED 873,888, or AED 1,354 per sqft, in line with the AED 1,327 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 88,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1702 over time
1702 has sold once; 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 1702 sits
All 144 1-beds →1702 last sold in August 2019 at AED 1,354 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,327). 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. 1702's AED 88,000 is in the lower 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%
1702, Park Heights 1 in numbers
- Sold once: by Dubai Hills Estate on 18 August 2019 for AED 873,888, or AED 1,354 per sqft.
- Rented since October 2021 on 4 Ejari contracts, from AED 40,000 to AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2019 price is 10.1%, 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 1 November 2024.
Questions about 1702, Park Heights 1
What did unit 1702 last sell for?
AED 873,888 on 18 August 2019, sold by the developer: AED 1,354 per sqft for 645 sqft. It is the only registered sale of the unit.
What is the rent for unit 1702?
AED 88,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 60,000; the unit has been rented since October 2021.
How big is unit 1702?
645 sqft (59.9 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 1702 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 1702, Park Heights 1
Starts from the last sale price (AED 874K, 18 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 873,888
- Deposit, UAE resident (20%)
- AED 174,778
- Deposit, non-resident (40%)
- AED 349,555
- Monthly over 25 years at 3.7%
- AED 3,575
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →