1-bed · 645 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

1809, Park Heights 2 Tower 1

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1809 · DLD and Ejari recordsUpdated 11 February 2024
Last soldAED 1.12M9 January 2024
Current rentAED 85K /yr11 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, Park Heights 2 Tower 1

What is 1809 worth today?

Last sold for AED 1,115,785 in 2024

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11 Feb 2024RentedNew contract
AED 84,500/yr12 months · AED 131 per sqft
9 Jan 2024SoldReady
AED 1,115,785AED 1,730 per sqft
11 Feb 2023RentedNew contract
AED 83,000/yr12 months · AED 129 per sqft
18 Aug 2022SoldReady · flagged as an outlier
AED 166,521AED 258 per sqft
1 Aug 2017Sold by developerOff-plan
AED 875,888AED 1,358 per sqft

Source: Dubai Land Department. Updated 11 February 2024.

Key facts

Type
1-bed apartment
Size
645 sqft
Parking
PH2-B-111
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,500 /yr
Last sold
AED 1.12M · January 2024

About 1809, Park Heights 2 Tower 1

1809 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. It last sold on 9 January 2024 for AED 1,115,785, or AED 1,730 per sqft, 6% above the AED 1,638 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 11 February 2024, is AED 84,500 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1809 over time

Sales
Unit 1809, each saleTypical one-bed in Park Heights 2 Tower 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 865,888; 2018 AED 858,888; 2019 AED 863,888; 2020 AED 883,888; 2021 AED 750,000; 2022 AED 910,000; 2023 AED 1,035,550; 2024 AED 1,265,000; 2025 AED 1,430,000; 2026 AED 1,280,000Sold by developer, August 2017: AED 875,888 (AED 1,358 per sqft)Sold, January 2024: AED 1,115,785 (AED 1,730 per sqft)

1809 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1809, each contractTypical one-bed in Park Heights 2 Tower 1
50K75K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 40,000; 2022 AED 47,250; 2023 AED 60,000; 2024 AED 82,500; 2025 AED 85,000; 2026 AED 85,000New contract, February 2023: AED 83,000 a yearNew contract, February 2024: AED 84,500 a year

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 1809 sits

All 149 1-beds →

1809 last sold in January 2024 at AED 1,730 per sqft, 6% above what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,638). 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. 1809's AED 84,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,250,000
17 Aug 20261,280,000
16 Jun 20261,200,000
14 Apr 20261,270,000
11 1-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 →

1809, Park Heights 2 Tower 1 in numbers

  • Sold 3 times: first on 1 August 2017 for AED 875,888, last on 9 January 2024 for AED 1,115,785 (AED 1,730 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 83,000 to AED 84,500 a year.
  • At AED 84,500 a year the gross yield on the 2024 price is 7.6%, 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 11 February 2024.

Questions about 1809, Park Heights 2 Tower 1

What did unit 1809 last sell for?

AED 1,115,785 on 9 January 2024: AED 1,730 per sqft for 645 sqft. The unit has 3 registered sales; the first was AED 875,888 in August 2017.

What is the rent for unit 1809?

AED 84,500 a year on the contract signed on 11 February 2024. The previous contract, from February 2023, was AED 83,000.

How big is unit 1809?

645 sqft (59.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 1809 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 1809, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.12M, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,115,785
Deposit, UAE resident (20%)
AED 223,157
Deposit, non-resident (40%)
AED 446,314
Monthly over 25 years at 3.7%
AED 4,565

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