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

401, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 855K10 July 2019
Current rentAED 85K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Park Heights 2 Tower 1

What is 401 worth today?

Last sold for AED 854,888 in 2019

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1 Jul 2026RentedRenewal
AED 85,000/yr12 months · AED 131 per sqft
1 Jul 2026RentedRenewal
AED 85,000/yr12 months · AED 131 per sqft
1 Jul 2025RentedRenewal
AED 85,000/yr12 months · AED 131 per sqft
1 Jul 2025RentedRenewal
AED 85,000/yr12 months · AED 131 per sqft
1 Jul 2024RentedNew contract
AED 85,000/yr12 months · AED 131 per sqft
1 Mar 2023RentedNew contract
AED 78,225/yr12 months · AED 121 per sqft
10 Jul 2019Sold by developerOff-plan
AED 854,888AED 1,318 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
649 sqft
Parking
PH2-G-194
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 855K · July 2019
Building
Park Heights 2 Tower 1

About 401, Park Heights 2 Tower 1

401 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 10 July 2019 for AED 854,888, or AED 1,318 per sqft, in line with the AED 1,330 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 85,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 16,600 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 2019: AED 854,888 (AED 1,318 per sqft)

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

Rents
Unit 401, 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 85,000New contract, March 2023: AED 78,225 a yearNew contract, July 2024: AED 85,000 a yearRenewal, July 2025: AED 85,000 a yearRenewal, July 2025: AED 85,000 a yearRenewal, July 2026: AED 85,000 a yearRenewal, July 2026: AED 85,000 a year

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 401 sits

All 149 1-beds →

401 last sold in July 2019 at AED 1,318 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. 401's AED 85,000 is in the upper half of that range.

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 →

401, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 10 July 2019 for AED 854,888, or AED 1,318 per sqft.
  • Rented since March 2023 on 6 Ejari contracts, from AED 78,225 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 9.9%, before a service charge of about AED 16,600 a year (AED 25.65 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 1 July 2026.

Questions about 401, Park Heights 2 Tower 1

What did unit 401 last sell for?

AED 854,888 on 10 July 2019, sold by the developer: AED 1,318 per sqft for 649 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 85,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2026, was AED 85,000; the unit has been rented since March 2023.

How big is unit 401?

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

What is unit 401 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 401, Park Heights 2 Tower 1

Starts from the last sale price (AED 855K, 10 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 854,888
Deposit, UAE resident (20%)
AED 170,978
Deposit, non-resident (40%)
AED 341,955
Monthly over 25 years at 3.7%
AED 3,498

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