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

1502, Park Heights 2 Tower 1

Sold prices and rental history: sold twice, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 2 July 2025
Last soldAED 1.03M30 November 2023
Current rentAED 85K /yr2 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1502, Park Heights 2 Tower 1

What is 1502 worth today?

Last sold for AED 1,033,946 in 2023

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2 Jul 2025RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
10 May 2024RentedNew contract
AED 44,385/yr8 months · AED 69 per sqft
30 Nov 2023SoldReady
AED 1,033,946AED 1,602 per sqft
10 May 2021RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
1 Aug 2017Sold by developerOff-plan
AED 870,888AED 1,349 per sqft

Source: Dubai Land Department. Updated 2 July 2025.

Key facts

Type
1-bed apartment
Size
645 sqft
Parking
PH2-G-173
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.03M · November 2023
Building
Park Heights 2 Tower 1

About 1502, Park Heights 2 Tower 1

1502 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. It last sold on 30 November 2023 for AED 1,033,946, or AED 1,602 per sqft, in line with the AED 1,602 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 2 July 2025, is AED 85,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, August 2017: AED 870,888 (AED 1,349 per sqft)Sold, November 2023: AED 1,033,946 (AED 1,602 per sqft)

1502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, each contractTypical one-bed in Park Heights 2 Tower 1
50K75K2020202220242026Typical 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, May 2021: AED 40,000 a yearNew contract, May 2024: AED 44,385 a yearNew contract, July 2025: AED 85,000 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 1502 sits

All 149 1-beds →

1502 last sold in November 2023 at AED 1,602 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. 1502's AED 85,000 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 →

1502, Park Heights 2 Tower 1 in numbers

  • Sold twice: first on 1 August 2017 for AED 870,888, last on 30 November 2023 for AED 1,033,946 (AED 1,602 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 40,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.2%, 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 2 July 2025.

Questions about 1502, Park Heights 2 Tower 1

What did unit 1502 last sell for?

AED 1,033,946 on 30 November 2023: AED 1,602 per sqft for 645 sqft. The unit has 2 registered sales; the first was AED 870,888 in August 2017.

What is the rent for unit 1502?

AED 85,000 a year on the contract signed on 2 July 2025. The previous contract, from May 2024, was AED 44,385; the unit has been rented since May 2021.

How big is unit 1502?

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

What is unit 1502 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 1502, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.03M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,033,946
Deposit, UAE resident (20%)
AED 206,789
Deposit, non-resident (40%)
AED 413,578
Monthly over 25 years at 3.7%
AED 4,230

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