2-bed · 1,074 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

1404, Park Heights 2 Tower 1

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 2.1M14 March 2025
Current rentAED 83K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Park Heights 2 Tower 1

What is 1404 worth today?

Last sold for AED 2,100,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Apr 2025RentedNew contract
AED 83,178/yr12 months · AED 77 per sqft
1 Apr 2025RentedNew contract
AED 83,178/yr12 months · AED 77 per sqft
14 Mar 2025SoldReady
AED 2,100,000AED 1,954 per sqft
1 Apr 2024RentedRenewal
AED 80,000/yr12 months · AED 74 per sqft
1 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 65 per sqft
1 Apr 2022RentedRenewal
AED 70,000/yr12 months · AED 65 per sqft
1 Feb 2021RentedNew contract
AED 70,000/yr14 months · AED 65 per sqft
9 Jul 2017Sold by developerOff-plan
AED 1,369,888AED 1,275 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,074 sqft
Parking
PH2-G-43
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,600 /yr
Last sold
AED 2.1M · March 2025

About 1404, Park Heights 2 Tower 1

1404 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. It last sold on 14 March 2025 for AED 2,100,000, or AED 1,954 per sqft, in line with the AED 1,995 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 April 2025, is AED 83,178 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 27,600 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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 1,369,888 (AED 1,275 per sqft)Sold, March 2025: AED 2,100,000 (AED 1,954 per sqft)

1404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, 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, February 2021: AED 70,000 a yearRenewal, April 2022: AED 70,000 a yearNew contract, April 2023: AED 70,000 a yearRenewal, April 2024: AED 80,000 a yearNew contract, April 2025: AED 83,178 a yearNew contract, April 2025: AED 83,178 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 1404 sits

All 91 2-beds →

1404 last sold in March 2025 at AED 1,954 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,995). 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. 1404's AED 83,178 is in the lower 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 →

1404, Park Heights 2 Tower 1 in numbers

  • Sold twice: first on 9 July 2017 for AED 1,369,888, last on 14 March 2025 for AED 2,100,000 (AED 1,954 per sqft).
  • Rented since February 2021 on 6 Ejari contracts, from AED 70,000 to AED 83,178 a year.
  • At AED 83,178 a year the gross yield on the 2025 price is 4.0%, 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 1 April 2025.

Questions about 1404, Park Heights 2 Tower 1

What did unit 1404 last sell for?

AED 2,100,000 on 14 March 2025: AED 1,954 per sqft for 1,074 sqft. The unit has 2 registered sales; the first was AED 1,369,888 in July 2017.

What is the rent for unit 1404?

AED 83,178 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 83,178; the unit has been rented since February 2021.

How big is unit 1404?

1,074 sqft (99.8 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 1404 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.

Selling 1404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1404, Park Heights 2 Tower 1

Starts from the last sale price (AED 2.1M, 14 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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