3-bed · 1,611 sqftPark Heights 1, Dubai Hills Estate · completed 2020

905, Park Heights 1

Sold prices and rental history: sold once, by the developer in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 24 November 2020
Last soldAED 2.16M24 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Park Heights 1

What is 905 worth today?

Last sold for AED 2,160,888 in 2020

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24 Nov 2020Sold by developerOff-plan
AED 2,160,888AED 1,340 per sqft

Source: Dubai Land Department. Updated 24 November 2020.

Key facts

Type
3-bed apartment
Size
1,611 sqft
Parking
PH1-B-143, PH1-B-144
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 41,300 /yr
Last sold
AED 2.16M · November 2020

About 905, Park Heights 1

905 is a three-bedroom apartment of 1,611 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 24 November 2020 for AED 2,160,888, or AED 1,340 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 905 over time

Sales
Unit 905, each saleTypical three-bed in Park Heights 1
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,137,888; 2018 AED 2,117,388; 2019 AED 2,108,888; 2021 AED 2,176,888; 2022 AED 2,203,388; 2024 AED 2,740,000; 2025 AED 3,050,000; 2026 AED 3,050,000Sold by developer, November 2020: AED 2,160,888 (AED 1,340 per sqft)

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

Rents
Unit 905, each contractTypical three-bed in Park Heights 1
100K150K200K2021202320252027Typical rent by year: 2021 AED 100,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 189,286; 2025 AED 208,000; 2026 AED 200,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Heights 1, and where 905 sits

All 36 3-beds →

Over the last 12 months three-beds sold for AED 1,625,572 to 3,200,000, around AED 1,954 per sqft, and rent for AED 170,000 to 247,500 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Jul 20262,900,000
7 May 20263,050,000
1 Apr 20263,200,000
6 Mar 20263,150,000
7 3-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 →

905, Park Heights 1 in numbers

  • Sold once: by Dubai Hills Estate on 24 November 2020 for AED 2,160,888, or AED 1,340 per sqft.
  • Three-beds in Park Heights 1 sold for AED 1,625,572–3,200,000 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 24 November 2020.

Questions about 905, Park Heights 1

What did unit 905 last sell for?

AED 2,160,888 on 24 November 2020, sold by the developer: AED 1,340 per sqft for 1,611 sqft. It is the only registered sale of the unit.

How big is unit 905?

1,611 sqft (149.7 sqm): a three-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 905 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Heights 1 sold for AED 1,625,572 to 3,200,000 in the last 12 months, around AED 1,954 per sqft.

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Mortgage on 905, Park Heights 1

Starts from the last sale price (AED 2.16M, 24 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,160,888
Deposit, UAE resident (20%)
AED 432,178
Deposit, non-resident (40%)
AED 864,355
Monthly over 25 years at 3.7%
AED 8,841

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