1-bed · 645 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

1114, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1114 · DLD and Ejari recordsUpdated 25 January 2026
Last soldAED 864K25 July 2017
Current rentAED 93K /yr25 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1114, Park Heights 2 Tower 1

What is 1114 worth today?

Last sold for AED 863,888 in 2017

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25 Jan 2026RentedNew contract
AED 93,000/yr12 months · AED 144 per sqft
15 Apr 2025RentedRenewal
AED 94,500/yr12 months · AED 149 per sqft
15 Apr 2025RentedRenewal
AED 94,500/yr12 months · AED 149 per sqft
15 Apr 2024RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
1 Mar 2023RentedNew contract
AED 77,000/yr12 months · AED 119 per sqft
20 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
25 Jul 2017Sold by developerOff-plan
AED 863,888AED 1,338 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type
1-bed apartment
Size
645 sqft
Parking
PH2-B-12
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 864K · July 2017

About 1114, Park Heights 2 Tower 1

1114 is a one-bedroom apartment of 645 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 25 July 2017 for AED 863,888, or AED 1,338 per sqft, in line with the AED 1,338 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 25 January 2026, is AED 93,000 a year: a gross yield of 10.8% on the 2017 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1114 over time

Sales
Unit 1114, each saleTypical one-bed in Park Heights 2 Tower 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 865,888; 2018 AED 858,888; 2019 AED 863,888; 2020 AED 883,888; 2021 AED 750,000; 2022 AED 910,000; 2023 AED 1,035,550; 2024 AED 1,265,000; 2025 AED 1,430,000; 2026 AED 1,280,000Sold by developer, July 2017: AED 863,888 (AED 1,338 per sqft)

1114 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1114, each contractTypical one-bed in Park Heights 2 Tower 1
50K75K100K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 40,000; 2022 AED 47,250; 2023 AED 60,000; 2024 AED 82,500; 2025 AED 85,000; 2026 AED 85,000New contract, December 2020: AED 40,000 a yearNew contract, March 2023: AED 77,000 a yearNew contract, April 2024: AED 90,000 a yearRenewal, April 2025: AED 94,500 a yearRenewal, April 2025: AED 94,500 a yearNew contract, January 2026: AED 93,000 a year

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

1-beds in Park Heights 2 Tower 1, and where 1114 sits

All 149 1-beds →

1114 last sold in July 2017 at AED 1,338 per sqft, in line with what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,338). Over the last 12 months one-beds sold for AED 1,200,000 to 2,010,000, around AED 2,115 per sqft, and rent for AED 60,000 to 110,000 a year. 1114's AED 93,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,250,000
17 Aug 20261,280,000
16 Jun 20261,200,000
14 Apr 20261,270,000
11 1-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 →

1114, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 25 July 2017 for AED 863,888, or AED 1,338 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 40,000 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2017 price is 10.8%, before a service charge of about AED 16,600 a year (AED 25.65 per sqft).
  • One-beds in Park Heights 2 Tower 1 sold for AED 1,200,000–2,010,000 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 25 January 2026.

Questions about 1114, Park Heights 2 Tower 1

What did unit 1114 last sell for?

AED 863,888 on 25 July 2017, sold by the developer: AED 1,338 per sqft for 645 sqft. It is the only registered sale of the unit.

What is the rent for unit 1114?

AED 93,000 a year on the contract signed on 25 January 2026. The previous contract, from April 2025, was AED 94,500; the unit has been rented since December 2020.

How big is unit 1114?

645 sqft (59.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 1114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Heights 2 Tower 1 sold for AED 1,200,000 to 2,010,000 in the last 12 months, around AED 2,115 per sqft.

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Mortgage on 1114, Park Heights 2 Tower 1

Starts from the last sale price (AED 864K, 25 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 863,888
Deposit, UAE resident (20%)
AED 172,778
Deposit, non-resident (40%)
AED 345,555
Monthly over 25 years at 3.7%
AED 3,534

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