308, Park Heights 1
Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Park Heights 1
What is 308 worth today?
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Source: Dubai Land Department. Updated 6 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 646 sqft
- Parking
- PH1-B-13
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.25M · September 2024
- Building
- Park Heights 1
About 308, Park Heights 1
308 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 24 September 2024 for AED 1,250,000, or AED 1,936 per sqft, in line with the AED 1,941 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 7 Ejari contracts. The current contract, signed on 6 August 2026, is AED 70,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 16,600 a year.
Sales and rents for 308 over time
308 has sold 5 times; 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 308 sits
All 144 1-beds →308 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 1,941). 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. 308's AED 70,000 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%
308, Park Heights 1 in numbers
- Sold 5 times: first on 7 February 2019 for AED 848,888, last on 24 September 2024 for AED 1,250,000 (AED 1,936 per sqft).
- Rented since January 2023 on 7 Ejari contracts, from AED 92,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 5.6%, 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 6 August 2026.
Questions about 308, Park Heights 1
What did unit 308 last sell for?
AED 1,250,000 on 24 September 2024: AED 1,936 per sqft for 646 sqft. The unit has 5 registered sales; the first was AED 848,888 in February 2019.
What is the rent for unit 308?
AED 70,000 a year on the contract signed on 6 August 2026. The previous contract, from January 2026, was AED 95,000; the unit has been rented since January 2023.
How big is unit 308?
646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 308 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 308, Park Heights 1
Starts from the last sale price (AED 1.25M, 24 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 →