502, Park Heights 1
Sold prices and rental history: sold once, by the developer in October 2018, 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 502, Park Heights 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 7 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 646 sqft
- Parking
- PH1-B-210
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 854K · October 2018
- Building
- Park Heights 1
About 502, Park Heights 1
502 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 16 October 2018 for AED 853,888, or AED 1,322 per sqft, in line with the AED 1,335 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 7 March 2026, is AED 115,000 a year: a gross yield of 13.5% on the 2018 price, before the service charge of about AED 16,600 a year.
Sales and rents for 502 over time
502 has sold once; 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 502 sits
All 144 1-beds →502 last sold in October 2018 at AED 1,322 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 1,335). 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. 502's AED 115,000 is in the upper 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%
502, Park Heights 1 in numbers
- Sold once: by Dubai Hills Estate on 16 October 2018 for AED 853,888, or AED 1,322 per sqft.
- Rented since January 2021 on 8 Ejari contracts, from AED 45,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2018 price is 13.5%, 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 7 March 2026.
Questions about 502, Park Heights 1
What did unit 502 last sell for?
AED 853,888 on 16 October 2018, sold by the developer: AED 1,322 per sqft for 646 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 115,000 a year on the contract signed on 7 March 2026. The previous contract, from March 2026, was AED 70,000; the unit has been rented since January 2021.
How big is unit 502?
646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 502 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 502, Park Heights 1
Starts from the last sale price (AED 854K, 16 October 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 →