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2-bed · 956 sqftPark Heights 1, Dubai Hills Estate · completed 2020

315, Park Heights 1

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 12 June 2026
Last soldAED 1.23M11 February 2019
Current rentAED 105K /yr12 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, Park Heights 1

What is 315 worth today?

Last sold for AED 1,229,888 in 2019

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12 Jun 2026RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
5 Apr 2025RentedRenewal
AED 118,000/yr12 months · AED 123 per sqft
5 Apr 2025RentedRenewal
AED 118,000/yr12 months · AED 123 per sqft
5 Apr 2024RentedRenewal
AED 100,000/yr12 months · AED 105 per sqft
5 Apr 2023RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
5 Apr 2022RentedRenewal
AED 66,000/yr12 months · AED 69 per sqft
5 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
11 Feb 2019Sold by developerOff-plan
AED 1,229,888AED 1,285 per sqft

Source: Dubai Land Department. Updated 12 June 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Parking
PH1-B-103
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 24,500 /yr
Last sold
AED 1.23M · February 2019
Building
Park Heights 1

About 315, Park Heights 1

315 is a two-bedroom apartment of 956 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 11 February 2019 for AED 1,229,888, or AED 1,285 per sqft, in line with the AED 1,285 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 12 June 2026, is AED 105,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 24,500 a year.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical two-bed in Park Heights 1
1M1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,255,888; 2018 AED 1,266,888; 2019 AED 1,263,888; 2021 AED 1,190,000; 2022 AED 1,372,944; 2023 AED 1,775,000; 2024 AED 2,100,000; 2025 AED 2,255,000; 2026 AED 2,150,000Sold by developer, February 2019: AED 1,229,888 (AED 1,285 per sqft)

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

Rents
Unit 315, each contractTypical two-bed in Park Heights 1
50K100K2020202220242026Typical rent by year: 2020 AED 64,000; 2021 AED 61,500; 2022 AED 72,500; 2023 AED 95,000; 2024 AED 130,000; 2025 AED 131,250; 2026 AED 124,000New contract, April 2021: AED 60,000 a yearRenewal, April 2022: AED 66,000 a yearRenewal, April 2023: AED 90,000 a yearRenewal, April 2024: AED 100,000 a yearRenewal, April 2025: AED 118,000 a yearRenewal, April 2025: AED 118,000 a yearNew contract, June 2026: AED 105,000 a year

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 315 sits

All 90 2-beds →

315 last sold in February 2019 at AED 1,285 per sqft, in line with what two-beds in Park Heights 1 were fetching at the time (AED 1,285). 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. 315's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,025,000
25 Sep 20262,012,755
5 Aug 20262,050,000
6 Apr 20262,250,000
8 2-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 →

315, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 11 February 2019 for AED 1,229,888, or AED 1,285 per sqft.
  • Rented since April 2021 on 7 Ejari contracts, from AED 60,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 24,500 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 12 June 2026.

Questions about 315, Park Heights 1

What did unit 315 last sell for?

AED 1,229,888 on 11 February 2019, sold by the developer: AED 1,285 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 105,000 a year on the contract signed on 12 June 2026. The previous contract, from April 2025, was AED 118,000; the unit has been rented since April 2021.

How big is unit 315?

956 sqft (88.8 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 315 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 315, Park Heights 1

Starts from the last sale price (AED 1.23M, 11 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,229,888
Deposit, UAE resident (20%)
AED 245,978
Deposit, non-resident (40%)
AED 491,955
Monthly over 25 years at 3.7%
AED 5,032

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