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

402, Park Heights 1

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 5 June 2025
Last soldAED 852K14 March 2018
Current rentAED 85K /yr5 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Park Heights 1

What is 402 worth today?

Last sold for AED 851,888 in 2018

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5 Jun 2025RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
18 Apr 2024RentedNew contract
AED 50,400/yr12 months · AED 78 per sqft
18 Apr 2023RentedRenewal
AED 42,000/yr12 months · AED 65 per sqft
18 Apr 2022RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
18 Apr 2021RentedNew contract
AED 37,000/yr12 months · AED 57 per sqft
14 Mar 2018Sold by developerOff-plan
AED 851,888AED 1,319 per sqft

Source: Dubai Land Department. Updated 5 June 2025.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-27
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 852K · March 2018
Building
Park Heights 1

About 402, Park Heights 1

402 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 14 March 2018 for AED 851,888, or AED 1,319 per sqft, in line with the AED 1,331 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 5 June 2025, is AED 85,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 16,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, March 2018: AED 851,888 (AED 1,319 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Park Heights 1
50K75K2020202220242026Typical 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, April 2021: AED 37,000 a yearNew contract, April 2022: AED 40,000 a yearRenewal, April 2023: AED 42,000 a yearNew contract, April 2024: AED 50,400 a yearNew contract, June 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 402 sits

All 144 1-beds →

402 last sold in March 2018 at AED 1,319 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,331). 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. 402'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 →

402, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 14 March 2018 for AED 851,888, or AED 1,319 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 37,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 10.0%, 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 5 June 2025.

Questions about 402, Park Heights 1

What did unit 402 last sell for?

AED 851,888 on 14 March 2018, sold by the developer: AED 1,319 per sqft for 646 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 85,000 a year on the contract signed on 5 June 2025. The previous contract, from April 2024, was AED 50,400; the unit has been rented since April 2021.

How big is unit 402?

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

What is unit 402 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 402, Park Heights 1

Starts from the last sale price (AED 852K, 14 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 851,888
Deposit, UAE resident (20%)
AED 170,378
Deposit, non-resident (40%)
AED 340,755
Monthly over 25 years at 3.7%
AED 3,485

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