2-bed · 1,088 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1712, Park Heights 1

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1712 · DLD and Ejari recordsUpdated 11 April 2022
Last soldAED 1.39M11 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1712, Park Heights 1

What is 1712 worth today?

Last sold for AED 1,394,494 in 2022

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11 Apr 2022Sold by developerReady
AED 1,394,494AED 1,281 per sqft

Source: Dubai Land Department. Updated 11 April 2022.

Key facts

Type
2-bed apartment
Size
1,088 sqft
Parking
PH1-B-112
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,900 /yr
Last sold
AED 1.39M · April 2022

About 1712, Park Heights 1

1712 is a two-bedroom apartment of 1,088 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 11 April 2022 for AED 1,394,494, or AED 1,281 per sqft, in line with the AED 1,300 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1712 over time

Sales
Unit 1712, 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, April 2022: AED 1,394,494 (AED 1,281 per sqft)

1712 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1712, 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 124,000

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 1712 sits

All 90 2-beds →

1712 last sold in April 2022 at AED 1,281 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.

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 →

1712, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 11 April 2022 for AED 1,394,494, or AED 1,281 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 11 April 2022.

Questions about 1712, Park Heights 1

What did unit 1712 last sell for?

AED 1,394,494 on 11 April 2022, sold by the developer: AED 1,281 per sqft for 1,088 sqft. It is the only registered sale of the unit.

How big is unit 1712?

1,088 sqft (101.1 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1712 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 1712, Park Heights 1

Starts from the last sale price (AED 1.39M, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,394,494
Deposit, UAE resident (20%)
AED 278,899
Deposit, non-resident (40%)
AED 557,798
Monthly over 25 years at 3.7%
AED 5,705

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