1-bed · 646 sqftPark Heights 1, Dubai Hills Estate · completed 2020

306, Park Heights 1

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.25M17 September 2024
Current rentAED 85K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Park Heights 1

What is 306 worth today?

Last sold for AED 1,250,000 in 2024

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1 Nov 2025RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
20 Jun 2025RentedRenewal
AED 92,000/yr12 months · AED 142 per sqft
20 Jun 2025RentedRenewal
AED 92,000/yr12 months · AED 142 per sqft
17 Sep 2024SoldReady
AED 1,250,000AED 1,936 per sqft
20 Jun 2024RentedNew contract
AED 70,400/yr12 months · AED 109 per sqft
20 Jun 2024RentedNew contract
AED 70,400/yr12 months · AED 109 per sqft
20 Jun 2023RentedNew contract
AED 64,000/yr12 months · AED 99 per sqft
20 Jun 2022RentedNew contract
AED 60,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-15
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.25M · September 2024

About 306, Park Heights 1

306 is a one-bedroom apartment of 646 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 17 September 2024 for AED 1,250,000, or AED 1,936 per sqft, in line with the AED 1,942 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 1 November 2025, is AED 85,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 16,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Park Heights 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 863,888; 2018 AED 862,888; 2019 AED 864,070; 2020 AED 868,888; 2021 AED 750,000; 2022 AED 917,500; 2023 AED 1,111,000; 2024 AED 1,300,000; 2025 AED 1,387,500; 2026 AED 1,360,000Sold by developer, October 2017: AED 848,888 (AED 1,314 per sqft)Sold, September 2024: AED 1,250,000 (AED 1,936 per sqft)

306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Park Heights 1
50K75K100K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 41,884; 2022 AED 48,000; 2023 AED 67,425; 2024 AED 80,000; 2025 AED 88,000; 2026 AED 82,750New contract, June 2022: AED 60,000 a yearNew contract, June 2023: AED 64,000 a yearNew contract, June 2024: AED 70,400 a yearNew contract, June 2024: AED 70,400 a yearRenewal, June 2025: AED 92,000 a yearRenewal, June 2025: AED 92,000 a yearNew contract, November 2025: AED 85,000 a year

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 306 sits

All 144 1-beds →

306 last sold in September 2024 at AED 1,936 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,942). 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. 306's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Oct 20261,250,000
3 Jun 20261,360,000
2 Jun 20261,350,000
9 Mar 20261,490,000
10 1-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 →

306, Park Heights 1 in numbers

  • Sold twice: first on 30 October 2017 for AED 848,888, last on 17 September 2024 for AED 1,250,000 (AED 1,936 per sqft).
  • Rented since June 2022 on 7 Ejari contracts, from AED 60,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 16,600 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 2025.

Questions about 306, Park Heights 1

What did unit 306 last sell for?

AED 1,250,000 on 17 September 2024: AED 1,936 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 848,888 in October 2017.

What is the rent for unit 306?

AED 85,000 a year on the contract signed on 1 November 2025. The previous contract, from June 2025, was AED 92,000; the unit has been rented since June 2022.

How big is unit 306?

646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 306 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 306, Park Heights 1

Starts from the last sale price (AED 1.25M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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