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

309, Park Heights 1

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 849K28 September 2017
Current rentAED 90K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Park Heights 1

What is 309 worth today?

Last sold for AED 848,888 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2025RentedNew contract
AED 90,000/yr13 months · AED 139 per sqft
15 Sep 2024RentedNew contract
AED 94,000/yr12 months · AED 146 per sqft
15 Sep 2023RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
1 Jul 2021RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
28 Sep 2017Sold by developerOff-plan
AED 848,888AED 1,314 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-12
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 849K · September 2017

About 309, Park Heights 1

309 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. The developer sold it on 28 September 2017 for AED 848,888, or AED 1,314 per sqft, in line with the AED 1,338 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 October 2025, is AED 90,000 a year: a gross yield of 10.6% on the 2017 price, before the service charge of about AED 16,600 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, September 2017: AED 848,888 (AED 1,314 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Park Heights 1
50K100K2020202220242026Typical 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, July 2021: AED 38,000 a yearNew contract, September 2023: AED 80,000 a yearNew contract, September 2024: AED 94,000 a yearNew contract, October 2025: AED 90,000 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 309 sits

All 144 1-beds →

309 last sold in September 2017 at AED 1,314 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,338). 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. 309's AED 90,000 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 →

309, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 28 September 2017 for AED 848,888, or AED 1,314 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 38,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2017 price is 10.6%, 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 15 October 2025.

Questions about 309, Park Heights 1

What did unit 309 last sell for?

AED 848,888 on 28 September 2017, sold by the developer: AED 1,314 per sqft for 646 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 90,000 a year on the contract signed on 15 October 2025. The previous contract, from September 2024, was AED 94,000; the unit has been rented since July 2021.

How big is unit 309?

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

What is unit 309 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.

Selling 309? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 309, Park Heights 1

Starts from the last sale price (AED 849K, 28 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 848,888
Deposit, UAE resident (20%)
AED 169,778
Deposit, non-resident (40%)
AED 339,555
Monthly over 25 years at 3.7%
AED 3,473

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