404, Park Heights 2 Tower 1
Sold prices and rental history: sold twice, last in June 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Park Heights 2 Tower 1
What is 404 worth today?
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Source: Dubai Land Department. Updated 5 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,074 sqft
- Parking
- PH2-G-37
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 27,600 /yr
- Last sold
- AED 1.04M · June 2021
- Building
- Park Heights 2 Tower 1
About 404, Park Heights 2 Tower 1
404 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 13 June 2021 for AED 1,040,000, or AED 968 per sqft, 6% below the AED 1,032 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 September 2023, is AED 82,500 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 27,600 a year.
Sales and rents for 404 over time
404 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 404 sits
All 91 2-beds →404 last sold in June 2021 at AED 968 per sqft, 6% below what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,032). 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. 404's AED 82,500 is in the lower 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%
404, Park Heights 2 Tower 1 in numbers
- Sold twice: first on 22 June 2017 for AED 1,344,888, last on 13 June 2021 for AED 1,040,000 (AED 968 per sqft).
- Rented since March 2022 on 3 Ejari contracts, from AED 75,000 to AED 82,500 a year.
- At AED 82,500 a year the gross yield on the 2021 price is 7.9%, 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 5 September 2023.
Questions about 404, Park Heights 2 Tower 1
What did unit 404 last sell for?
AED 1,040,000 on 13 June 2021: AED 968 per sqft for 1,074 sqft. The unit has 2 registered sales; the first was AED 1,344,888 in June 2017.
What is the rent for unit 404?
AED 82,500 a year on the contract renewed on 5 September 2023. The previous contract, from March 2023, was AED 82,500; the unit has been rented since March 2022.
How big is unit 404?
1,074 sqft (99.8 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 404 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 404, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.04M, 13 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,040,000
- Deposit, UAE resident (20%)
- AED 208,000
- Deposit, non-resident (40%)
- AED 416,000
- Monthly over 25 years at 3.7%
- AED 4,255
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →