1501, Park Heights 2 Tower 1
Sold prices and rental history: sold twice, last in November 2023, 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 1501, Park Heights 2 Tower 1
What is 1501 worth today?
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Source: Dubai Land Department. Updated 28 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 649 sqft
- Parking
- PH2-G-32
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.04M · November 2023
- Building
- Park Heights 2 Tower 1
About 1501, Park Heights 2 Tower 1
1501 is a one-bedroom apartment of 649 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 30 November 2023 for AED 1,037,153, or AED 1,599 per sqft, in line with the AED 1,602 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 28 October 2026, is AED 75,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 16,600 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1501 sits
All 149 1-beds →1501 last sold in November 2023 at AED 1,599 per sqft, in line with what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,602). 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. 1501's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 649 sqft | 1,250,000 | 1,927 | ||
| 17 Aug 202617 August 2026 | 855 sqft | 1,280,000 | 1,496 | ||
| 16 Jun 202616 June 2026 | 645 sqft | 1,200,000 | 1,859 | ||
| 14 Apr 202614 April 2026 | 657 sqft | 1,270,000 | 1,932 |
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%
1501, Park Heights 2 Tower 1 in numbers
- Sold twice: first on 1 August 2017 for AED 872,888, last on 30 November 2023 for AED 1,037,153 (AED 1,599 per sqft).
- Rented since May 2021 on 7 Ejari contracts, from AED 40,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2023 price is 7.2%, 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 28 October 2026.
Questions about 1501, Park Heights 2 Tower 1
What did unit 1501 last sell for?
AED 1,037,153 on 30 November 2023: AED 1,599 per sqft for 649 sqft. The unit has 2 registered sales; the first was AED 872,888 in August 2017.
What is the rent for unit 1501?
AED 75,000 a year on the contract signed on 28 October 2026. The previous contract, from September 2026, was AED 95,000; the unit has been rented since May 2021.
How big is unit 1501?
649 sqft (60.3 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 1501 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 1501, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.04M, 30 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,037,153
- Deposit, UAE resident (20%)
- AED 207,431
- Deposit, non-resident (40%)
- AED 414,861
- Monthly over 25 years at 3.7%
- AED 4,243
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →