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

207, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in July 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 25 July 2017
Last soldAED 849K25 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Park Heights 2 Tower 1

What is 207 worth today?

Last sold for AED 848,888 in 2017

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25 Jul 2017Sold by developerOff-plan
AED 848,888AED 1,315 per sqft

Source: Dubai Land Department. Updated 25 July 2017.

Key facts

Type
1-bed apartment
Size
645 sqft
Parking
PH2-B-361
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 849K · July 2017

About 207, Park Heights 2 Tower 1

207 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 25 July 2017 for AED 848,888, or AED 1,315 per sqft, in line with the AED 1,338 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 207 over time

Sales
Unit 207, 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, July 2017: AED 848,888 (AED 1,315 per sqft)

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

Rents
Unit 207, 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 85,000

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 207 sits

All 149 1-beds →

207 last sold in July 2017 at AED 1,315 per sqft, in line with what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,338). 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.

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 →

207, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 25 July 2017 for AED 848,888, or AED 1,315 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 25 July 2017.

Questions about 207, Park Heights 2 Tower 1

What did unit 207 last sell for?

AED 848,888 on 25 July 2017, sold by the developer: AED 1,315 per sqft for 645 sqft. It is the only registered sale of the unit.

How big is unit 207?

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

What is unit 207 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 207, Park Heights 2 Tower 1

Starts from the last sale price (AED 849K, 25 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 848,888
Deposit, UAE resident (20%)
AED 169,778
Deposit, non-resident (40%)
AED 339,555
Monthly over 25 years at 3.7%
AED 3,473

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