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1-bed · 649 sqftPark Heights 1, Dubai Hills Estate · completed 2020

501, Park Heights 1

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

Unit 501 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 854K21 November 2018
Current rentAED 76K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Park Heights 1

What is 501 worth today?

Last sold for AED 853,888 in 2018

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25 Dec 2025RentedRenewal
AED 76,230/yr12 months · AED 118 per sqft
25 Dec 2024RentedRenewal
AED 94,500/yr12 months · AED 146 per sqft
25 Dec 2023RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
10 May 2023RentedRenewal
AED 52,800/yr8 months · AED 82 per sqft
10 May 2022RentedRenewal
AED 44,000/yr12 months · AED 68 per sqft
10 May 2021RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
21 Nov 2018Sold by developerOff-plan
AED 853,888AED 1,315 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
1-bed apartment
Size
649 sqft
Parking
PH1-B-211
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 854K · November 2018
Building
Park Heights 1

About 501, Park Heights 1

501 is a one-bedroom apartment of 649 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 21 November 2018 for AED 853,888, or AED 1,315 per sqft, in line with the AED 1,332 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 76,230 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 16,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, November 2018: AED 853,888 (AED 1,315 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Park Heights 1
50K75K100K2020202220242026Typical 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, May 2021: AED 40,000 a yearRenewal, May 2022: AED 44,000 a yearRenewal, May 2023: AED 52,800 a yearNew contract, December 2023: AED 90,000 a yearRenewal, December 2024: AED 94,500 a yearRenewal, December 2025: AED 76,230 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 501 sits

All 144 1-beds →

501 last sold in November 2018 at AED 1,315 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,332). 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. 501's AED 76,230 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 →

501, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 21 November 2018 for AED 853,888, or AED 1,315 per sqft.
  • Rented since May 2021 on 6 Ejari contracts, from AED 40,000 to AED 76,230 a year.
  • At AED 76,230 a year the gross yield on the 2018 price is 8.9%, 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 25 December 2025.

Questions about 501, Park Heights 1

What did unit 501 last sell for?

AED 853,888 on 21 November 2018, sold by the developer: AED 1,315 per sqft for 649 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 76,230 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 94,500; the unit has been rented since May 2021.

How big is unit 501?

649 sqft (60.3 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 501 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 501, Park Heights 1

Starts from the last sale price (AED 854K, 21 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 853,888
Deposit, UAE resident (20%)
AED 170,778
Deposit, non-resident (40%)
AED 341,555
Monthly over 25 years at 3.7%
AED 3,494

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