3-bed · 1,610 sqftPark Heights 1, Dubai Hills Estate · completed 2020

213, Park Heights 1

Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 2.19M14 March 2022
Current rentAED 210K /yr9 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Park Heights 1

What is 213 worth today?

Last sold for AED 2,185,888 in 2022

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9 Dec 2024RentedNew contract
AED 210,000/yr18 months · AED 130 per sqft
10 Apr 2024RentedNew contract
AED 195,000/yr12 months · AED 121 per sqft
6 Sep 2023RentedRenewal
AED 195,000/yr6 months · AED 121 per sqft
6 Sep 2022RentedNew contract
AED 170,000/yr12 months · AED 106 per sqft
14 Mar 2022Sold by developerReady
AED 2,185,888AED 1,357 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
3-bed apartment
Size
1,610 sqft
Parking
PH1-B-197, PH1-B-T24
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 41,300 /yr
Last sold
AED 2.19M · March 2022

About 213, Park Heights 1

213 is a three-bedroom apartment of 1,610 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 14 March 2022 for AED 2,185,888, or AED 1,357 per sqft, in line with the AED 1,357 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 9 December 2024, is AED 210,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 41,300 a year.

Sales and rents for 213 over time

Sales
Unit 213, each saleTypical three-bed in Park Heights 1
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,137,888; 2018 AED 2,117,388; 2019 AED 2,108,888; 2021 AED 2,176,888; 2022 AED 2,203,388; 2024 AED 2,740,000; 2025 AED 3,050,000; 2026 AED 3,050,000Sold by developer, March 2022: AED 2,185,888 (AED 1,357 per sqft)

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

Rents
Unit 213, each contractTypical three-bed in Park Heights 1
100K150K200K2021202320252027Typical rent by year: 2021 AED 100,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 189,286; 2025 AED 208,000; 2026 AED 200,000New contract, September 2022: AED 170,000 a yearRenewal, September 2023: AED 195,000 a yearNew contract, April 2024: AED 195,000 a yearNew contract, December 2024: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Heights 1, and where 213 sits

All 36 3-beds →

213 last sold in March 2022 at AED 1,357 per sqft, in line with what three-beds in Park Heights 1 were fetching at the time (AED 1,357). Over the last 12 months three-beds sold for AED 1,625,572 to 3,200,000, around AED 1,954 per sqft, and rent for AED 170,000 to 247,500 a year. 213's AED 210,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Jul 20262,900,000
7 May 20263,050,000
1 Apr 20263,200,000
6 Mar 20263,150,000
7 3-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 →

213, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 14 March 2022 for AED 2,185,888, or AED 1,357 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 170,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2022 price is 9.6%, before a service charge of about AED 41,300 a year (AED 25.65 per sqft).
  • Three-beds in Park Heights 1 sold for AED 1,625,572–3,200,000 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 9 December 2024.

Questions about 213, Park Heights 1

What did unit 213 last sell for?

AED 2,185,888 on 14 March 2022, sold by the developer: AED 1,357 per sqft for 1,610 sqft. It is the only registered sale of the unit.

What is the rent for unit 213?

AED 210,000 a year on the contract signed on 9 December 2024. The previous contract, from April 2024, was AED 195,000; the unit has been rented since September 2022.

How big is unit 213?

1,610 sqft (149.6 sqm): a three-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 213 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Heights 1 sold for AED 1,625,572 to 3,200,000 in the last 12 months, around AED 1,954 per sqft.

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Mortgage on 213, Park Heights 1

Starts from the last sale price (AED 2.19M, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,185,888
Deposit, UAE resident (20%)
AED 437,178
Deposit, non-resident (40%)
AED 874,355
Monthly over 25 years at 3.7%
AED 8,943

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