2-bed · 1,074 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

204, 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.

Unit 204 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 1.34M6 August 2017
Current rentAED 143K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Park Heights 2 Tower 1

What is 204 worth today?

Last sold for AED 1,338,888 in 2017

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25 Sep 2025RentedNew contract
AED 143,000/yr12 months · AED 133 per sqft
1 Jun 2024RentedRenewal
AED 130,000/yr12 months · AED 121 per sqft
1 Jun 2023RentedNew contract
AED 130,000/yr12 months · AED 121 per sqft
1 Apr 2022RentedRenewal
AED 72,000/yr12 months · AED 68 per sqft
1 Apr 2021RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
6 Aug 2017Sold by developerOff-plan
AED 1,338,888AED 1,246 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
2-bed apartment
Size
1,074 sqft
Parking
PH2-B-83
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,600 /yr
Last sold
AED 1.34M · August 2017

About 204, Park Heights 2 Tower 1

204 is a two-bedroom apartment of 1,074 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 6 August 2017 for AED 1,338,888, or AED 1,246 per sqft, 4% below the AED 1,294 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 25 September 2025, is AED 143,000 a year: a gross yield of 10.7% on the 2017 price, before the service charge of about AED 27,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, August 2017: AED 1,338,888 (AED 1,246 per sqft)

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

Rents
Unit 204, 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, April 2021: AED 65,000 a yearRenewal, April 2022: AED 72,000 a yearNew contract, June 2023: AED 130,000 a yearRenewal, June 2024: AED 130,000 a yearNew contract, September 2025: AED 143,000 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 204 sits

All 91 2-beds →

204 last sold in August 2017 at AED 1,246 per sqft, 4% below what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,294). 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. 204's AED 143,000 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 →

204, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 6 August 2017 for AED 1,338,888, or AED 1,246 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 65,000 to AED 143,000 a year.
  • At AED 143,000 a year the gross yield on the 2017 price is 10.7%, 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 25 September 2025.

Questions about 204, Park Heights 2 Tower 1

What did unit 204 last sell for?

AED 1,338,888 on 6 August 2017, sold by the developer: AED 1,246 per sqft for 1,074 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 143,000 a year on the contract signed on 25 September 2025. The previous contract, from June 2024, was AED 130,000; the unit has been rented since April 2021.

How big is unit 204?

1,074 sqft (99.8 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 204 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 204, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.34M, 6 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,338,888
Deposit, UAE resident (20%)
AED 267,778
Deposit, non-resident (40%)
AED 535,555
Monthly over 25 years at 3.7%
AED 5,478

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