712, Park Heights 1
Sold prices and rental history: sold twice, last in September 2024, 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 712, Park Heights 1
What is 712 worth today?
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Source: Dubai Land Department. Updated 26 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,089 sqft
- Parking
- PH1-B-122
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2.1M · September 2024
- Building
- Park Heights 1
About 712, Park Heights 1
712 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 26 September 2024 for AED 2,100,000, or AED 1,927 per sqft, in line with the AED 1,939 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 6 March 2024, is AED 140,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 27,900 a year.
Sales and rents for 712 over time
712 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 712 sits
All 90 2-beds →712 last sold in September 2024 at AED 1,927 per sqft, in line with what two-beds in Park Heights 1 were fetching at the time (AED 1,939). 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. 712's AED 140,000 is in the upper 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%
712, Park Heights 1 in numbers
- Sold twice: first on 29 June 2020 for AED 1,281,888, last on 26 September 2024 for AED 2,100,000 (AED 1,927 per sqft).
- Rented since February 2021 on 4 Ejari contracts, from AED 55,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2024 price is 6.7%, 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 26 September 2024.
Questions about 712, Park Heights 1
What did unit 712 last sell for?
AED 2,100,000 on 26 September 2024: AED 1,927 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 1,281,888 in June 2020.
What is the rent for unit 712?
AED 140,000 a year on the contract renewed on 6 March 2024. The previous contract, from March 2023, was AED 118,000; the unit has been rented since February 2021.
How big is unit 712?
1,089 sqft (101.2 sqm): a two-bedroom apartment of a 18-storey tower completed in 2020.
What is unit 712 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 712, Park Heights 1
Starts from the last sale price (AED 2.1M, 26 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →