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

415, Park Heights 1

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 7 September 2026
Last soldAED 2M27 June 2024
Current rentAED 125K /yr7 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Park Heights 1

What is 415 worth today?

Last sold for AED 2,000,000 in 2024

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7 Sep 2026RentedRenewal
AED 125,000/yr12 months · AED 130 per sqft
7 Sep 2025RentedRenewal
AED 125,000/yr12 months · AED 130 per sqft
7 Sep 2024RentedNew contract
AED 125,000/yr12 months · AED 130 per sqft
27 Jun 2024SoldReady
AED 2,000,000AED 2,090 per sqft
16 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
16 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
2 Jul 2017Sold by developerOff-plan
AED 1,232,888AED 1,288 per sqft

Source: Dubai Land Department. Updated 7 September 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Parking
PH1-B-107
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 24,500 /yr
Last sold
AED 2M · June 2024

About 415, Park Heights 1

415 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. It last sold on 27 June 2024 for AED 2,000,000, or AED 2,090 per sqft, 10% above the AED 1,905 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 7 September 2026, is AED 125,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 24,500 a year.

Sales and rents for 415 over time

Sales
Unit 415, 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 1,232,888 (AED 1,288 per sqft)Sold, June 2024: AED 2,000,000 (AED 2,090 per sqft)

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

Rents
Unit 415, 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, January 2021: AED 60,000 a yearNew contract, February 2022: AED 60,000 a yearNew contract, September 2024: AED 125,000 a yearRenewal, September 2025: AED 125,000 a yearRenewal, September 2026: AED 125,000 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 415 sits

All 90 2-beds →

415 last sold in June 2024 at AED 2,090 per sqft, 10% above what two-beds in Park Heights 1 were fetching at the time (AED 1,905). 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. 415's AED 125,000 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 →

415, Park Heights 1 in numbers

  • Sold twice: first on 2 July 2017 for AED 1,232,888, last on 27 June 2024 for AED 2,000,000 (AED 2,090 per sqft).
  • Rented since January 2021 on 5 Ejari contracts, from AED 60,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 6.3%, 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 7 September 2026.

Questions about 415, Park Heights 1

What did unit 415 last sell for?

AED 2,000,000 on 27 June 2024: AED 2,090 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 1,232,888 in July 2017.

What is the rent for unit 415?

AED 125,000 a year on the contract renewed on 7 September 2026. The previous contract, from September 2025, was AED 125,000; the unit has been rented since January 2021.

How big is unit 415?

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

What is unit 415 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 415, Park Heights 1

Starts from the last sale price (AED 2M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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