406, Park Heights 1
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Park Heights 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 28 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 646 sqft
- Parking
- PH1-B-22
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.23M · October 2023
- Building
- Park Heights 1
About 406, Park Heights 1
406 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 13 October 2023 for AED 1,225,000, or AED 1,897 per sqft, 17% above the AED 1,623 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 28 July 2026, is AED 90,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 16,600 a year.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 144 1-beds →406 last sold in October 2023 at AED 1,897 per sqft, 17% above what one-beds in Park Heights 1 were fetching at the time (AED 1,623). 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. 406's AED 90,000 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%
406, Park Heights 1 in numbers
- Sold twice: first on 30 June 2019 for AED 850,888, last on 13 October 2023 for AED 1,225,000 (AED 1,897 per sqft).
- Rented since January 2021 on 6 Ejari contracts, from AED 36,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 7.3%, 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 28 July 2026.
Questions about 406, Park Heights 1
What did unit 406 last sell for?
AED 1,225,000 on 13 October 2023: AED 1,897 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 850,888 in June 2019.
What is the rent for unit 406?
AED 90,000 a year on the contract signed on 28 July 2026. The previous contract, from August 2025, was AED 105,000; the unit has been rented since January 2021.
How big is unit 406?
646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 406 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 406, Park Heights 1
Starts from the last sale price (AED 1.23M, 13 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →