2-bed · 956 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

1015, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1015 · DLD and Ejari recordsUpdated 19 May 2026
Last soldAED 1.25M30 July 2017
Current rentAED 135K /yr19 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1015, Park Heights 2 Tower 1

What is 1015 worth today?

Last sold for AED 1,247,888 in 2017

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19 May 2026RentedRenewal
AED 135,000/yr12 months · AED 141 per sqft
19 May 2025RentedNew contract
AED 135,000/yr12 months · AED 141 per sqft
19 May 2025RentedNew contract
AED 135,000/yr12 months · AED 141 per sqft
13 Apr 2023RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
13 Apr 2022RentedRenewal
AED 60,500/yr12 months · AED 63 per sqft
13 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
30 Jul 2017Sold by developerOff-plan
AED 1,247,888AED 1,305 per sqft

Source: Dubai Land Department. Updated 19 May 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Parking
PH2-B-96
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 24,500 /yr
Last sold
AED 1.25M · July 2017

About 1015, Park Heights 2 Tower 1

1015 is a two-bedroom apartment of 956 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 30 July 2017 for AED 1,247,888, or AED 1,305 per sqft, in line with the AED 1,294 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 19 May 2026, is AED 135,000 a year: a gross yield of 10.8% on the 2017 price, before the service charge of about AED 24,500 a year.

Sales and rents for 1015 over time

Sales
Unit 1015, each saleTypical two-bed in Park Heights 2 Tower 1
1M2M2017202020232026Typical sale price by year: 2017 AED 1,260,888; 2018 AED 1,269,888; 2019 AED 1,339,388; 2020 AED 1,252,388; 2021 AED 1,070,000; 2022 AED 1,375,000; 2023 AED 1,650,000; 2024 AED 1,914,953; 2025 AED 2,295,000; 2026 AED 2,060,000Sold by developer, July 2017: AED 1,247,888 (AED 1,305 per sqft)

1015 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1015, each contractTypical two-bed in Park Heights 2 Tower 1
50K100K2020202220242026Typical rent by year: 2020 AED 60,000; 2021 AED 62,000; 2022 AED 68,250; 2023 AED 105,200; 2024 AED 127,653; 2025 AED 135,000; 2026 AED 130,000New contract, April 2021: AED 55,000 a yearRenewal, April 2022: AED 60,500 a yearRenewal, April 2023: AED 80,000 a yearNew contract, May 2025: AED 135,000 a yearNew contract, May 2025: AED 135,000 a yearRenewal, May 2026: AED 135,000 a year

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 1015 sits

All 91 2-beds →

1015 last sold in July 2017 at AED 1,305 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,294). 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. 1015's AED 135,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20261,900,000
10 Aug 20262,000,000
29 Jul 202641,095
23 Jul 202699,857
11 2-bed sales in the last 12 months

Park Heights 2 Tower 1

Building

42 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%
Park Heights 2 Tower 1, Dubai Hills Estate: prices, sales and rents →

1015, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 30 July 2017 for AED 1,247,888, or AED 1,305 per sqft.
  • Rented since April 2021 on 6 Ejari contracts, from AED 55,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 10.8%, before a service charge of about AED 24,500 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 19 May 2026.

Questions about 1015, Park Heights 2 Tower 1

What did unit 1015 last sell for?

AED 1,247,888 on 30 July 2017, sold by the developer: AED 1,305 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 1015?

AED 135,000 a year on the contract renewed on 19 May 2026. The previous contract, from May 2025, was AED 135,000; the unit has been rented since April 2021.

How big is unit 1015?

956 sqft (88.8 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 1015 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 1015, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.25M, 30 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,247,888
Deposit, UAE resident (20%)
AED 249,578
Deposit, non-resident (40%)
AED 499,155
Monthly over 25 years at 3.7%
AED 5,105

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