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

1415, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1415 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.32M4 October 2020
Current rentAED 130K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1415, Park Heights 2 Tower 1

What is 1415 worth today?

Last sold for AED 1,317,888 in 2020

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1 Jun 2026RentedRenewal
AED 130,001/yr5 months · AED 136 per sqft
1 Jun 2025RentedNew contract
AED 130,000/yr12 months · AED 136 per sqft
1 Sep 2024RentedNew contract
AED 105,500/yr12 months · AED 110 per sqft
1 Sep 2023RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
1 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
1 Apr 2022RentedRenewal
AED 57,750/yr12 months · AED 60 per sqft
1 Apr 2021RentedNew contract
AED 52,500/yr12 months · AED 55 per sqft
4 Oct 2020Sold by developerReady
AED 1,317,888AED 1,378 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Parking
PH2-G-45
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 24,500 /yr
Last sold
AED 1.32M · October 2020

About 1415, Park Heights 2 Tower 1

1415 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 4 October 2020 for AED 1,317,888, or AED 1,378 per sqft, 7% above the AED 1,282 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 1 June 2026, is AED 130,001 a year: a gross yield of 9.9% on the 2020 price, before the service charge of about AED 24,500 a year.

Sales and rents for 1415 over time

Sales
Unit 1415, 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, October 2020: AED 1,317,888 (AED 1,378 per sqft)

1415 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1415, 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 52,500 a yearRenewal, April 2022: AED 57,750 a yearNew contract, September 2022: AED 90,000 a yearRenewal, September 2023: AED 90,000 a yearNew contract, September 2024: AED 105,500 a yearNew contract, June 2025: AED 130,000 a yearRenewal, June 2026: AED 130,001 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 1415 sits

All 91 2-beds →

1415 last sold in October 2020 at AED 1,378 per sqft, 7% above what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,282). 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. 1415's AED 130,001 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 →

1415, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 4 October 2020 for AED 1,317,888, or AED 1,378 per sqft.
  • Rented since April 2021 on 7 Ejari contracts, from AED 52,500 to AED 130,001 a year.
  • At AED 130,001 a year the gross yield on the 2020 price is 9.9%, 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 1 June 2026.

Questions about 1415, Park Heights 2 Tower 1

What did unit 1415 last sell for?

AED 1,317,888 on 4 October 2020, sold by the developer: AED 1,378 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 1415?

AED 130,001 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 130,000; the unit has been rented since April 2021.

How big is unit 1415?

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

What is unit 1415 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 1415, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.32M, 4 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,317,888
Deposit, UAE resident (20%)
AED 263,578
Deposit, non-resident (40%)
AED 527,155
Monthly over 25 years at 3.7%
AED 5,392

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