2-bed · 956 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

1703, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 1.27M1 April 2018
Current rentAED 124K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Park Heights 2 Tower 1

What is 1703 worth today?

Last sold for AED 1,265,888 in 2018

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27 Jul 2026RentedNew contract
AED 124,000/yr12 months · AED 130 per sqft
1 Feb 2025RentedNew contract
AED 142,000/yr12 months · AED 148 per sqft
1 Feb 2025RentedNew contract
AED 142,000/yr12 months · AED 148 per sqft
20 Mar 2024RentedRenewal
AED 126,000/yr12 months · AED 132 per sqft
20 Mar 2023RentedNew contract
AED 126,000/yr12 months · AED 132 per sqft
25 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
20 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
1 Apr 2018Sold by developerOff-plan
AED 1,265,888AED 1,324 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Parking
G-35
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 24,500 /yr
Last sold
AED 1.27M · April 2018

About 1703, Park Heights 2 Tower 1

1703 is a two-bedroom apartment of 956 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 1 April 2018 for AED 1,265,888, or AED 1,324 per sqft, in line with the AED 1,290 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 27 July 2026, is AED 124,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 24,500 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, April 2018: AED 1,265,888 (AED 1,324 per sqft)

1703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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 60,000 a yearNew contract, February 2022: AED 80,000 a yearNew contract, March 2023: AED 126,000 a yearRenewal, March 2024: AED 126,000 a yearNew contract, February 2025: AED 142,000 a yearNew contract, February 2025: AED 142,000 a yearNew contract, July 2026: AED 124,000 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 1703 sits

All 91 2-beds →

1703 last sold in April 2018 at AED 1,324 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,290). 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. 1703's AED 124,000 is in the lower 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 →

1703, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 1 April 2018 for AED 1,265,888, or AED 1,324 per sqft.
  • Rented since February 2021 on 7 Ejari contracts, from AED 60,000 to AED 124,000 a year.
  • At AED 124,000 a year the gross yield on the 2018 price is 9.8%, 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 27 July 2026.

Questions about 1703, Park Heights 2 Tower 1

What did unit 1703 last sell for?

AED 1,265,888 on 1 April 2018, sold by the developer: AED 1,324 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 124,000 a year on the contract signed on 27 July 2026. The previous contract, from February 2025, was AED 142,000; the unit has been rented since February 2021.

How big is unit 1703?

956 sqft (88.8 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 1703 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 1703, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.27M, 1 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,265,888
Deposit, UAE resident (20%)
AED 253,178
Deposit, non-resident (40%)
AED 506,355
Monthly over 25 years at 3.7%
AED 5,179

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