1503, 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 1503, Park Heights 2 Tower 1
What is 1503 worth today?
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Source: Dubai Land Department. Updated 18 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 957 sqft
- Parking
- PH2-G-114
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.53M · November 2023
- Building
- Park Heights 2 Tower 1
About 1503, Park Heights 2 Tower 1
1503 is a two-bedroom apartment of 957 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 1,533,313, or AED 1,602 per sqft, in line with the AED 1,600 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 18 October 2026, is AED 130,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 24,500 a year.
Sales and rents for 1503 over time
1503 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1503 sits
All 91 2-beds →1503 last sold in November 2023 at AED 1,602 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,600). 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. 1503's AED 130,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 956 sqft | 1,900,000 | 1,987 | ||
| 10 Aug 202610 August 2026 | 956 sqft | 2,000,000 | 2,091 | ||
| 29 Jul 202629 July 2026 | 956 sqft | 41,095 | 42 | ||
| 23 Jul 202623 July 2026 | 956 sqft | 99,857 | 104 |
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%
1503, Park Heights 2 Tower 1 in numbers
- Sold twice: first on 30 July 2017 for AED 1,260,888, last on 30 November 2023 for AED 1,533,313 (AED 1,602 per sqft).
- Rented since April 2021 on 5 Ejari contracts, from AED 60,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2023 price is 8.5%, 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 18 October 2026.
Questions about 1503, Park Heights 2 Tower 1
What did unit 1503 last sell for?
AED 1,533,313 on 30 November 2023: AED 1,602 per sqft for 957 sqft. The unit has 2 registered sales; the first was AED 1,260,888 in July 2017.
What is the rent for unit 1503?
AED 130,000 a year on the contract renewed on 18 October 2026. The previous contract, from October 2025, was AED 135,000; the unit has been rented since April 2021.
How big is unit 1503?
957 sqft (88.9 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 1503 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 1503, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.53M, 30 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,533,313
- Deposit, UAE resident (20%)
- AED 306,663
- Deposit, non-resident (40%)
- AED 613,325
- Monthly over 25 years at 3.7%
- AED 6,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →