
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.
Property timeline for 312, Park Heights 2 Tower 1
What is 312 worth today?
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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
- Building
- Park Heights 2 Tower 1
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
312 has sold twice; the dashed line is the two-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 956 sqft | 1,900,000 | 1,987 | ||
| 10 Aug 202610 August 2026 | 956 sqft | 2,000,000 | 2,091 | ||
| 29 Jul 202629 July 2026 | 956 sqft | 41,095 | 42 | ||
| 23 Jul 202623 July 2026 | 956 sqft | 99,857 | 104 |
Park Heights 2 Tower 1
Building42 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%
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 →