1005, Park Heights 2 Tower 1
Sold prices and rental history: sold twice, last in August 2021, 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 1005, Park Heights 2 Tower 1
What is 1005 worth today?
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Source: Dubai Land Department. Updated 29 September 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,612 sqft
- Parking
- PH2-B-54, PH2-B-T7
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 41,300 /yr
- Last sold
- AED 1.77M · August 2021
- Building
- Park Heights 2 Tower 1
About 1005, Park Heights 2 Tower 1
1005 is a three-bedroom apartment of 1,612 sqft of Park Heights 2 Tower 1, a 17-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 5 August 2021 for AED 1,770,000, or AED 1,098 per sqft, 14% below the AED 1,284 three-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 29 September 2026, is AED 164,824 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 41,300 a year.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the three-bed median of each year in the building.
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 2 Tower 1, and where 1005 sits
All 36 3-beds →1005 last sold in August 2021 at AED 1,098 per sqft, 14% below what three-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,284). Over the last 12 months three-beds sold for AED 2,950,000 to 3,000,000, around AED 1,846 per sqft, and rent for AED 164,824 to 220,000 a year. 1005's AED 164,824 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,612 sqft | 3,000,000 | 1,861 | ||
| 9 Jan 20269 January 2026 | 1,612 sqft | 2,950,000 | 1,830 | ||
| 27 Aug 202527 August 2025 | 1,612 sqft | 2,975,000 | 1,845 | ||
| 22 Jul 202522 July 2025 | 1,611 sqft | 3,200,000 | 1,986 |
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%
1005, Park Heights 2 Tower 1 in numbers
- Sold twice: first on 17 September 2017 for AED 2,166,888, last on 5 August 2021 for AED 1,770,000 (AED 1,098 per sqft).
- Rented since September 2021 on 7 Ejari contracts, from AED 110,000 to AED 164,824 a year.
- At AED 164,824 a year the gross yield on the 2021 price is 9.3%, before a service charge of about AED 41,300 a year (AED 25.65 per sqft).
- Three-beds in Park Heights 2 Tower 1 sold for AED 2,950,000–3,000,000 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 29 September 2026.
Questions about 1005, Park Heights 2 Tower 1
What did unit 1005 last sell for?
AED 1,770,000 on 5 August 2021: AED 1,098 per sqft for 1,612 sqft. The unit has 2 registered sales; the first was AED 2,166,888 in September 2017.
What is the rent for unit 1005?
AED 164,824 a year on the contract renewed on 29 September 2026. The previous contract, from September 2025, was AED 156,975; the unit has been rented since September 2021.
How big is unit 1005?
1,612 sqft (149.8 sqm): a three-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 1005 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 2 Tower 1 sold for AED 2,950,000 to 3,000,000 in the last 12 months, around AED 1,846 per sqft.
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Mortgage on 1005, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.77M, 5 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,770,000
- Deposit, UAE resident (20%)
- AED 354,000
- Deposit, non-resident (40%)
- AED 708,000
- Monthly over 25 years at 3.7%
- AED 7,242
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →