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

304, Park Heights 2 Tower 1

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 3 July 2025
Last soldAED 2.01M24 May 2023
Current rentAED 210K /yr3 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Park Heights 2 Tower 1

What is 304 worth today?

Last sold for AED 2,010,000 in 2023

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3 Jul 2025RentedRenewal
AED 210,000/yr7 months · AED 195 per sqft
3 Jul 2025RentedRenewal
AED 210,000/yr7 months · AED 195 per sqft
3 Jul 2024RentedRenewal
AED 130,000/yr12 months · AED 121 per sqft
26 Jun 2024RentedRenewal
AED 130,000/yr12 months · AED 121 per sqft
3 Jul 2023RentedNew contract
AED 130,000/yr12 months · AED 121 per sqft
26 Jun 2023RentedNew contract
AED 130,000/yr12 months · AED 121 per sqft
24 May 2023SoldReady
AED 2,010,000AED 1,870 per sqft
27 Jun 2022RentedNew contract
AED 122,500/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 3 July 2025.

Key facts

Type
2-bed apartment
Size
1,074 sqft
Parking
PH2-G-36
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,600 /yr
Last sold
AED 2.01M · May 2023

About 304, Park Heights 2 Tower 1

304 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. It last sold on 24 May 2023 for AED 2,010,000, or AED 1,870 per sqft, 26% above the AED 1,480 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 3 July 2025, is AED 210,000 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 27,600 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, July 2017: AED 1,341,888 (AED 1,249 per sqft)Sold, July 2021: AED 1,070,000 (AED 995 per sqft)Sold, May 2023: AED 2,010,000 (AED 1,870 per sqft)

304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Park Heights 2 Tower 1
100K200K2020202220242026Typical 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, June 2022: AED 122,500 a yearNew contract, June 2023: AED 130,000 a yearNew contract, July 2023: AED 130,000 a yearRenewal, June 2024: AED 130,000 a yearRenewal, July 2024: AED 130,000 a yearRenewal, July 2025: AED 210,000 a yearRenewal, July 2025: AED 210,000 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 304 sits

All 91 2-beds →

304 last sold in May 2023 at AED 1,870 per sqft, 26% above what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,480). 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. 304's AED 210,000 is at the top 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 →

304, Park Heights 2 Tower 1 in numbers

  • Sold 3 times: first on 27 July 2017 for AED 1,341,888, last on 24 May 2023 for AED 2,010,000 (AED 1,870 per sqft).
  • Rented since June 2022 on 7 Ejari contracts, from AED 122,500 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2023 price is 10.4%, 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 3 July 2025.

Questions about 304, Park Heights 2 Tower 1

What did unit 304 last sell for?

AED 2,010,000 on 24 May 2023: AED 1,870 per sqft for 1,074 sqft. The unit has 3 registered sales; the first was AED 1,341,888 in July 2017.

What is the rent for unit 304?

AED 210,000 a year on the contract renewed on 3 July 2025. The previous contract, from July 2025, was AED 210,000; the unit has been rented since June 2022.

How big is unit 304?

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

What is unit 304 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 304, Park Heights 2 Tower 1

Starts from the last sale price (AED 2.01M, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,010,000
Deposit, UAE resident (20%)
AED 402,000
Deposit, non-resident (40%)
AED 804,000
Monthly over 25 years at 3.7%
AED 8,224

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