204, Park Heights 1
Sold prices and rental history: sold once, by the developer in July 2017, 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 204, Park Heights 1
What is 204 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,076 sqft
- Parking
- PH1-B-185
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 27,600 /yr
- Last sold
- AED 1.34M · July 2017
- Building
- Park Heights 1
About 204, Park Heights 1
204 is a two-bedroom apartment of 1,076 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 4 July 2017 for AED 1,340,888, or AED 1,246 per sqft, 3% below the AED 1,288 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 75,000 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 27,600 a year.
Sales and rents for 204 over time
204 has sold once; the dashed line is the two-bed median of each year in the building.
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 204 sits
All 90 2-beds →204 last sold in July 2017 at AED 1,246 per sqft, 3% below what two-beds in Park Heights 1 were fetching at the time (AED 1,288). 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. 204's AED 75,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 956 sqft | 2,025,000 | 2,118 | ||
| 25 Sep 202625 September 2026 | 959 sqft | 2,012,755 | 2,097 | ||
| 5 Aug 20265 August 2026 | 1,076 sqft | 2,050,000 | 1,905 | ||
| 6 Apr 20266 April 2026 | 955 sqft | 2,250,000 | 2,355 |
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%
204, Park Heights 1 in numbers
- Sold once: by Dubai Hills Estate on 4 July 2017 for AED 1,340,888, or AED 1,246 per sqft.
- Rented since August 2021 on 5 Ejari contracts, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2017 price is 5.6%, 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 1 August 2024.
Questions about 204, Park Heights 1
What did unit 204 last sell for?
AED 1,340,888 on 4 July 2017, sold by the developer: AED 1,246 per sqft for 1,076 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 75,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2024, was AED 145,000; the unit has been rented since August 2021.
How big is unit 204?
1,076 sqft (100.0 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 204 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 204, Park Heights 1
Starts from the last sale price (AED 1.34M, 4 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,340,888
- Deposit, UAE resident (20%)
- AED 268,178
- Deposit, non-resident (40%)
- AED 536,355
- Monthly over 25 years at 3.7%
- AED 5,486
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →