1601, Park Heights 2 Tower 1
Sold prices and rental history: sold once, by the developer in July 2017, 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 1601, Park Heights 2 Tower 1
What is 1601 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 648 sqft
- Parking
- PH2-B-114
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 874K · July 2017
- Building
- Park Heights 2 Tower 1
About 1601, Park Heights 2 Tower 1
1601 is a one-bedroom apartment of 648 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 25 July 2017 for AED 873,888, or AED 1,348 per sqft, in line with the AED 1,338 one-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 February 2026, is AED 90,000 a year: a gross yield of 10.3% on the 2017 price, before the service charge of about AED 16,600 a year.
Sales and rents for 1601 over time
1601 has sold once; 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 1601 sits
All 149 1-beds →1601 last sold in July 2017 at AED 1,348 per sqft, in line with what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,338). 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. 1601's AED 90,000 is in the upper 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%
1601, Park Heights 2 Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 25 July 2017 for AED 873,888, or AED 1,348 per sqft.
- Rented since January 2021 on 7 Ejari contracts, from AED 40,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2017 price is 10.3%, 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 1 February 2026.
Questions about 1601, Park Heights 2 Tower 1
What did unit 1601 last sell for?
AED 873,888 on 25 July 2017, sold by the developer: AED 1,348 per sqft for 648 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 90,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 80,850; the unit has been rented since January 2021.
How big is unit 1601?
648 sqft (60.2 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 1601 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.
Selling 1601? 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.
Mortgage on 1601, Park Heights 2 Tower 1
Starts from the last sale price (AED 874K, 25 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 873,888
- Deposit, UAE resident (20%)
- AED 174,778
- Deposit, non-resident (40%)
- AED 349,555
- Monthly over 25 years at 3.7%
- AED 3,575
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →