Home
Dubai prices
About
Research
1-bed · 646 sqftPark Heights 1, Dubai Hills Estate · completed 2020

814, Park Heights 1

Sold prices and rental history: sold twice, last in May 2023, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 814 · DLD and Ejari recordsUpdated 29 May 2023
Last soldAED 1.15M29 May 2023
Current rentAED 43K /yr10 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 814

Property timeline for 814, Park Heights 1

What is 814 worth today?

Last sold for AED 1,150,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 May 2023SoldReady
AED 1,150,000AED 1,781 per sqft
10 Apr 2021RentedNew contract
AED 43,000/yr12 months · AED 67 per sqft
25 Dec 2017Sold by developerOff-plan
AED 858,888AED 1,330 per sqft

Source: Dubai Land Department. Updated 29 May 2023.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-01
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.15M · May 2023
Building
Park Heights 1

About 814, Park Heights 1

814 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. It last sold on 29 May 2023 for AED 1,150,000, or AED 1,781 per sqft, 23% above the AED 1,444 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 April 2021. The current contract, signed on 10 April 2021, is AED 43,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 16,600 a year.

Sales and rents for 814 over time

Sales
Unit 814, 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, December 2017: AED 858,888 (AED 1,330 per sqft)Sold, May 2023: AED 1,150,000 (AED 1,781 per sqft)

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

Rents
Unit 814, each contractTypical one-bed in Park Heights 1
50K75K2020202220242026Typical 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, April 2021: AED 43,000 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 814 sits

All 144 1-beds →

814 last sold in May 2023 at AED 1,781 per sqft, 23% above what one-beds in Park Heights 1 were fetching at the time (AED 1,444). 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. 814's AED 43,000 is at the bottom 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 →

814, Park Heights 1 in numbers

  • Sold twice: first on 25 December 2017 for AED 858,888, last on 29 May 2023 for AED 1,150,000 (AED 1,781 per sqft).
  • Rented since April 2021 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 3.7%, 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 29 May 2023.

Questions about 814, Park Heights 1

What did unit 814 last sell for?

AED 1,150,000 on 29 May 2023: AED 1,781 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 858,888 in December 2017.

What is the rent for unit 814?

AED 43,000 a year on the contract signed on 10 April 2021.

How big is unit 814?

646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 814 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.

Selling 814? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 814, Park Heights 1

Starts from the last sale price (AED 1.15M, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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