2-bed · 1,075 sqftPark Heights 2 Tower 1, Dubai Hills Estate · 16th floor · completed 2020

1604, Park Heights 2 Tower 1

Sold prices and rental history: sold 3 times, last in June 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 19 June 2026
Last soldAED 2.06M19 June 2026
Current rentAED 145K /yr12 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Park Heights 2 Tower 1

What is 1604 worth today?

Last sold for AED 2,060,000 in 2026

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19 Jun 2026SoldReady
AED 2,060,000AED 1,916 per sqft
12 Feb 2026RentedNew contract
AED 145,000/yr12 months · AED 135 per sqft
16 Feb 2025RentedNew contract
AED 149,000/yr12 months · AED 139 per sqft
16 Feb 2025RentedNew contract
AED 149,000/yr12 months · AED 139 per sqft
15 Feb 2024RentedRenewal
AED 130,000/yr12 months · AED 121 per sqft
15 Feb 2023RentedNew contract
AED 105,000/yr12 months · AED 98 per sqft
6 Jul 2022SoldReady
AED 1,400,000AED 1,302 per sqft
15 Feb 2022RentedRenewal
AED 75,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 19 June 2026.

Key facts

Type
2-bed apartment
Size
1,075 sqft
Floor
16th of 17
Parking
PH2-G-41
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,600 /yr
Last sold
AED 2.06M · June 2026

About 1604, Park Heights 2 Tower 1

1604 is a two-bedroom apartment of 1,075 sqft on the 16th floor 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 19 June 2026 for AED 2,060,000, or AED 1,916 per sqft, 15% below the AED 2,250 two-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 12 February 2026, is AED 145,000 a year: a gross yield of 7.0% on the 2026 price, before the service charge of about AED 27,600 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, July 2017: AED 1,374,888 (AED 1,278 per sqft)Sold, July 2022: AED 1,400,000 (AED 1,302 per sqft)Sold, June 2026: AED 2,060,000 (AED 1,916 per sqft)

1604 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, each contractTypical two-bed in Park Heights 2 Tower 1
50K100K150K2020202220242026Typical 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, February 2021: AED 70,000 a yearRenewal, February 2022: AED 75,000 a yearNew contract, February 2023: AED 105,000 a yearRenewal, February 2024: AED 130,000 a yearNew contract, February 2025: AED 149,000 a yearNew contract, February 2025: AED 149,000 a yearNew contract, February 2026: AED 145,000 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 1604 sits

All 91 2-beds →

1604 last sold in June 2026 at AED 1,916 per sqft, 15% below what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 2,250). 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. 1604's AED 145,000 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 →

Other units on the 16th floor

All 42 units in Park Heights 2 Tower 1
Value
16122-bedAED 875K · Aug 2023

1604, Park Heights 2 Tower 1 in numbers

  • Sold 3 times: first on 27 July 2017 for AED 1,374,888, last on 19 June 2026 for AED 2,060,000 (AED 1,916 per sqft).
  • Rented since February 2021 on 7 Ejari contracts, from AED 70,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2026 price is 7.0%, before a service charge of about AED 27,600 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 19 June 2026.

Questions about 1604, Park Heights 2 Tower 1

What did unit 1604 last sell for?

AED 2,060,000 on 19 June 2026: AED 1,916 per sqft for 1,075 sqft. The unit has 3 registered sales; the first was AED 1,374,888 in July 2017.

What is the rent for unit 1604?

AED 145,000 a year on the contract signed on 12 February 2026. The previous contract, from February 2025, was AED 149,000; the unit has been rented since February 2021.

How big is unit 1604?

1,075 sqft (99.9 sqm): a two-bedroom apartment on the 16th floor of a 17-storey tower completed in 2020.

What is unit 1604 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 1604, Park Heights 2 Tower 1

Starts from the last sale price (AED 2.06M, 19 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,000
Deposit, UAE resident (20%)
AED 412,000
Deposit, non-resident (40%)
AED 824,000
Monthly over 25 years at 3.7%
AED 8,428

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