3-bed · 1,610 sqftPark Heights 1, Dubai Hills Estate · completed 2020

913, Park Heights 1

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

Unit 913 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 2.4M1 December 2023
Current rentAED 100K /yr3 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 913, Park Heights 1

What is 913 worth today?

Last sold for AED 2,400,000 in 2023

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1 Dec 2023SoldReady
AED 2,400,000AED 1,490 per sqft
3 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
3 Dec 2021RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
18 Nov 2021Sold by developerReady
AED 2,172,888AED 1,349 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed apartment
Size
1,610 sqft
Parking
PH1-B-150, PH1-B-T01
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 41,300 /yr
Last sold
AED 2.4M · December 2023

About 913, Park Heights 1

913 is a three-bedroom apartment of 1,610 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 1 December 2023 for AED 2,400,000, or AED 1,490 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 3 December 2022, is AED 100,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 41,300 a year.

Sales and rents for 913 over time

Sales
Unit 913, 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 2021: AED 2,172,888 (AED 1,349 per sqft)Sold, December 2023: AED 2,400,000 (AED 1,490 per sqft)

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

Rents
Unit 913, 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 200,000New contract, December 2021: AED 100,000 a yearRenewal, December 2022: AED 100,000 a year

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 913 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. 913's AED 100,000 is at the bottom of that range.

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 →

913, Park Heights 1 in numbers

  • Sold twice: first on 18 November 2021 for AED 2,172,888, last on 1 December 2023 for AED 2,400,000 (AED 1,490 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 41,300 a year (AED 25.65 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 1 December 2023.

Questions about 913, Park Heights 1

What did unit 913 last sell for?

AED 2,400,000 on 1 December 2023: AED 1,490 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 2,172,888 in November 2021.

What is the rent for unit 913?

AED 100,000 a year on the contract renewed on 3 December 2022. The previous contract, from December 2021, was AED 100,000.

How big is unit 913?

1,610 sqft (149.6 sqm): a three-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 913 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 913, Park Heights 1

Starts from the last sale price (AED 2.4M, 1 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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