2-bed · 1,089 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

312, Park Heights 2 Tower 1

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

Unit 312 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 1.35M23 May 2022
Current rentAED 130K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Park Heights 2 Tower 1

What is 312 worth today?

Last sold for AED 1,350,000 in 2022

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12 Sep 2026RentedRenewal
AED 130,000/yr12 months · AED 119 per sqft
12 Sep 2025RentedNew contract
AED 147,000/yr12 months · AED 135 per sqft
12 Sep 2024RentedNew contract
AED 140,000/yr12 months · AED 129 per sqft
2 Oct 2023RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
1 Oct 2022RentedNew contract
AED 104,719/yr12 months · AED 96 per sqft
23 May 2022SoldReady
AED 1,350,000AED 1,239 per sqft
30 Jan 2018Sold by developerOff-plan
AED 1,272,888AED 1,168 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
2-bed apartment
Size
1,089 sqft
Parking
PH2-B-51
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 27,900 /yr
Last sold
AED 1.35M · May 2022

About 312, Park Heights 2 Tower 1

312 is a two-bedroom apartment of 1,089 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 23 May 2022 for AED 1,350,000, or AED 1,239 per sqft, in line with the AED 1,225 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 12 September 2026, is AED 130,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 27,900 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, January 2018: AED 1,272,888 (AED 1,168 per sqft)Sold, May 2022: AED 1,350,000 (AED 1,239 per sqft)

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

Rents
Unit 312, 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, October 2022: AED 104,719 a yearRenewal, October 2023: AED 110,000 a yearNew contract, September 2024: AED 140,000 a yearNew contract, September 2025: AED 147,000 a yearRenewal, September 2026: AED 130,000 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 312 sits

All 91 2-beds →

312 last sold in May 2022 at AED 1,239 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,225). 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. 312's AED 130,000 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 →

312, Park Heights 2 Tower 1 in numbers

  • Sold twice: first on 30 January 2018 for AED 1,272,888, last on 23 May 2022 for AED 1,350,000 (AED 1,239 per sqft).
  • Rented since October 2022 on 5 Ejari contracts, from AED 104,719 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 9.6%, before a service charge of about AED 27,900 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 12 September 2026.

Questions about 312, Park Heights 2 Tower 1

What did unit 312 last sell for?

AED 1,350,000 on 23 May 2022: AED 1,239 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 1,272,888 in January 2018.

What is the rent for unit 312?

AED 130,000 a year on the contract renewed on 12 September 2026. The previous contract, from September 2025, was AED 147,000; the unit has been rented since October 2022.

How big is unit 312?

1,089 sqft (101.2 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 312 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 312, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.35M, 23 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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