503, Park Heights 1
Sold prices and rental history: sold twice, last in August 2021, 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 503, Park Heights 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 23 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 957 sqft
- Parking
- PH1-B-129
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 24,600 /yr
- Last sold
- AED 1.19M · August 2021
- Building
- Park Heights 1
About 503, Park Heights 1
503 is a two-bedroom apartment of 957 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 2 August 2021 for AED 1,190,000, or AED 1,243 per sqft, 9% above the AED 1,144 two-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 23 October 2026, is AED 130,000 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 24,600 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the two-bed median of each year in the building.
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 503 sits
All 90 2-beds →503 last sold in August 2021 at AED 1,243 per sqft, 9% above what two-beds in Park Heights 1 were fetching at the time (AED 1,144). 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. 503's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 956 sqft | 2,025,000 | 2,118 | ||
| 25 Sep 202625 September 2026 | 959 sqft | 2,012,755 | 2,097 | ||
| 5 Aug 20265 August 2026 | 1,076 sqft | 2,050,000 | 1,905 | ||
| 6 Apr 20266 April 2026 | 955 sqft | 2,250,000 | 2,355 |
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%
503, Park Heights 1 in numbers
- Sold twice: first on 5 April 2018 for AED 1,236,888, last on 2 August 2021 for AED 1,190,000 (AED 1,243 per sqft).
- Rented since January 2021 on 6 Ejari contracts, from AED 35,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2021 price is 10.9%, before a service charge of about AED 24,600 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 23 October 2026.
Questions about 503, Park Heights 1
What did unit 503 last sell for?
AED 1,190,000 on 2 August 2021: AED 1,243 per sqft for 957 sqft. The unit has 2 registered sales; the first was AED 1,236,888 in April 2018.
What is the rent for unit 503?
AED 130,000 a year on the contract signed on 23 October 2026. The previous contract, from January 2026, was AED 170,000; the unit has been rented since January 2021.
How big is unit 503?
957 sqft (88.9 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 503 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 503, Park Heights 1
Starts from the last sale price (AED 1.19M, 2 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →