1-bed · 649 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

301, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in February 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 3 February 2019
Last soldAED 853K3 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Park Heights 2 Tower 1

What is 301 worth today?

Last sold for AED 852,888 in 2019

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3 Feb 2019Sold by developerOff-plan
AED 852,888AED 1,315 per sqft

Source: Dubai Land Department. Updated 3 February 2019.

Key facts

Type
1-bed apartment
Size
649 sqft
Parking
PH2-G-202
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 853K · February 2019

About 301, Park Heights 2 Tower 1

301 is a one-bedroom apartment of 649 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 3 February 2019 for AED 852,888, or AED 1,315 per sqft, in line with the AED 1,330 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, 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, February 2019: AED 852,888 (AED 1,315 per sqft)

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

Rents
Unit 301, 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 301 sits

All 149 1-beds →

301 last sold in February 2019 at AED 1,315 per sqft, in line with what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,330). 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 →

301, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 3 February 2019 for AED 852,888, 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 3 February 2019.

Questions about 301, Park Heights 2 Tower 1

What did unit 301 last sell for?

AED 852,888 on 3 February 2019, sold by the developer: AED 1,315 per sqft for 649 sqft. It is the only registered sale of the unit.

How big is unit 301?

649 sqft (60.3 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 301 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 301, Park Heights 2 Tower 1

Starts from the last sale price (AED 853K, 3 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 852,888
Deposit, UAE resident (20%)
AED 170,578
Deposit, non-resident (40%)
AED 341,155
Monthly over 25 years at 3.7%
AED 3,489

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