1004, Park Heights 2 Tower 1
Sold prices and rental history: sold once, by the developer in May 2018, 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 1004, Park Heights 2 Tower 1
What is 1004 worth today?
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Source: Dubai Land Department. Updated 5 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,074 sqft
- Parking
- PH2-G-116
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 27,600 /yr
- Last sold
- AED 1.36M · May 2018
- Building
- Park Heights 2 Tower 1
About 1004, Park Heights 2 Tower 1
1004 is a two-bedroom apartment of 1,074 sqft of Park Heights 2 Tower 1, a 17-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. The developer sold it on 14 May 2018 for AED 1,359,888, or AED 1,265 per sqft, in line with the AED 1,290 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 5 May 2026, is AED 120,750 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 27,600 a year.
Sales and rents for 1004 over time
1004 has sold once; 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 2 Tower 1, and where 1004 sits
All 91 2-beds →1004 last sold in May 2018 at AED 1,265 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,290). Over the last 12 months two-beds sold for AED 1,800,000 to 2,236,666, around AED 2,091 per sqft, and rent for AED 80,000 to 180,000 a year. 1004's AED 120,750 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 956 sqft | 1,900,000 | 1,987 | ||
| 10 Aug 202610 August 2026 | 956 sqft | 2,000,000 | 2,091 | ||
| 29 Jul 202629 July 2026 | 956 sqft | 41,095 | 42 | ||
| 23 Jul 202623 July 2026 | 956 sqft | 99,857 | 104 |
Park Heights 2 Tower 1
Building42 apartments, 1-bed to 3-bed over 17 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 24 sold in the last 12 months.
- Typical price per sqft
- AED 2,039 Down 4.9%
- Typical sale
- AED 1.64M
- Typical rent
- AED 100K /yr
- Typical yield
- 6.3%
1004, Park Heights 2 Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 14 May 2018 for AED 1,359,888, or AED 1,265 per sqft.
- Rented since May 2021 on 7 Ejari contracts, from AED 65,000 to AED 120,750 a year.
- At AED 120,750 a year the gross yield on the 2018 price is 8.9%, before a service charge of about AED 27,600 a year (AED 25.65 per sqft).
- Two-beds in Park Heights 2 Tower 1 sold for AED 1,800,000–2,236,666 in the 12 months to November 2026; the building's median across all types is AED 2,039 per sqft.
Source: Dubai Land Department. Updated 5 May 2026.
Questions about 1004, Park Heights 2 Tower 1
What did unit 1004 last sell for?
AED 1,359,888 on 14 May 2018, sold by the developer: AED 1,265 per sqft for 1,074 sqft. It is the only registered sale of the unit.
What is the rent for unit 1004?
AED 120,750 a year on the contract renewed on 5 May 2026. The previous contract, from May 2025, was AED 115,000; the unit has been rented since May 2021.
How big is unit 1004?
1,074 sqft (99.8 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 1004 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 2 Tower 1 sold for AED 1,800,000 to 2,236,666 in the last 12 months, around AED 2,091 per sqft.
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Mortgage on 1004, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.36M, 14 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,359,888
- Deposit, UAE resident (20%)
- AED 271,978
- Deposit, non-resident (40%)
- AED 543,955
- Monthly over 25 years at 3.7%
- AED 5,564
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →