1606, Park Heights 2 Tower 1
Sold prices and rental history: sold once, by the developer in August 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 1606, Park Heights 2 Tower 1
What is 1606 worth today?
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Source: Dubai Land Department. Updated 22 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 645 sqft
- Parking
- PH2-B-15
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,500 /yr
- Last sold
- AED 872K · August 2017
- Building
- Park Heights 2 Tower 1
About 1606, Park Heights 2 Tower 1
1606 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. The developer sold it on 15 August 2017 for AED 871,888, or AED 1,352 per sqft, in line with the AED 1,340 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 22 August 2026, is AED 72,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1606 over time
1606 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 1606 sits
All 149 1-beds →1606 last sold in August 2017 at AED 1,352 per sqft, in line with what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,340). 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. 1606's AED 72,000 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%
1606, Park Heights 2 Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 15 August 2017 for AED 871,888, or AED 1,352 per sqft.
- Rented since April 2021 on 7 Ejari contracts, from AED 42,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 16,500 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 22 August 2026.
Questions about 1606, Park Heights 2 Tower 1
What did unit 1606 last sell for?
AED 871,888 on 15 August 2017, sold by the developer: AED 1,352 per sqft for 645 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 72,000 a year on the contract signed on 22 August 2026. The previous contract, from March 2025, was AED 83,000; the unit has been rented since April 2021.
How big is unit 1606?
645 sqft (59.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 1606 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 1606, Park Heights 2 Tower 1
Starts from the last sale price (AED 872K, 15 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 871,888
- Deposit, UAE resident (20%)
- AED 174,378
- Deposit, non-resident (40%)
- AED 348,755
- Monthly over 25 years at 3.7%
- AED 3,567
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →