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2-bed · 1,089 sqftPark Heights 1, Dubai Hills Estate · completed 2020

412, Park Heights 1

Sold prices and rental history: sold twice, last in August 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 1.9M16 August 2023
Current rentAED 130K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Park Heights 1

What is 412 worth today?

Last sold for AED 1,900,000 in 2023

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20 Sep 2026RentedRenewal
AED 130,000/yr12 months · AED 120 per sqft
16 Aug 2023SoldReady
AED 1,900,000AED 1,744 per sqft
6 Jul 2017Sold by developerOff-plan
AED 1,274,888AED 1,170 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
2-bed apartment
Size
1,089 sqft
Parking
PH1-B-134
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,900 /yr
Last sold
AED 1.9M · August 2023
Building
Park Heights 1

About 412, Park Heights 1

412 is a two-bedroom apartment of 1,089 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 16 August 2023 for AED 1,900,000, or AED 1,744 per sqft, 20% above the AED 1,453 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2026. The current contract, renewed on 20 September 2026, is AED 130,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 27,900 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, July 2017: AED 1,274,888 (AED 1,170 per sqft)Sold, August 2023: AED 1,900,000 (AED 1,744 per sqft)

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

Rents
Unit 412, 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 124,000Renewal, September 2026: AED 130,000 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 412 sits

All 90 2-beds →

412 last sold in August 2023 at AED 1,744 per sqft, 20% above what two-beds in Park Heights 1 were fetching at the time (AED 1,453). 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. 412's AED 130,000 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 →

412, Park Heights 1 in numbers

  • Sold twice: first on 6 July 2017 for AED 1,274,888, last on 16 August 2023 for AED 1,900,000 (AED 1,744 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 27,900 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 20 September 2026.

Questions about 412, Park Heights 1

What did unit 412 last sell for?

AED 1,900,000 on 16 August 2023: AED 1,744 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 1,274,888 in July 2017.

What is the rent for unit 412?

AED 130,000 a year on the contract renewed on 20 September 2026.

How big is unit 412?

1,089 sqft (101.2 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 412 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 412, Park Heights 1

Starts from the last sale price (AED 1.9M, 16 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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