409, Park Heights 2 Tower 1
Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Park Heights 2 Tower 1
What is 409 worth today?
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Source: Dubai Land Department. Updated 18 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 645 sqft
- Floor
- 4th of 17
- Parking
- PH2-B-124
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.46M · April 2025
- Building
- Park Heights 2 Tower 1
About 409, Park Heights 2 Tower 1
409 is a one-bedroom apartment of 645 sqft on the 4th floor 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 9 April 2025 for AED 1,460,000, or AED 2,262 per sqft, 9% above the AED 2,077 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 18 April 2025, is AED 120,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 16,600 a year.
Sales and rents for 409 over time
409 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 409 sits
All 149 1-beds →409 last sold in April 2025 at AED 2,262 per sqft, 9% above what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 2,077). 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. 409's AED 120,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 649 sqft | 1,250,000 | 1,927 | ||
| 17 Aug 202617 August 2026 | 855 sqft | 1,280,000 | 1,496 | ||
| 16 Jun 202616 June 2026 | 645 sqft | 1,200,000 | 1,859 | ||
| 14 Apr 202614 April 2026 | 657 sqft | 1,270,000 | 1,932 |
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%
Other units on the 4th floor
All 42 units in Park Heights 2 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 406 | 1-bed | 645 sqft | AED 1.42MAED 1,420,000 · Apr 2025April 2025 | 75,000 /yr |
409, Park Heights 2 Tower 1 in numbers
- Sold 3 times: first on 25 November 2020 for AED 875,888, last on 9 April 2025 for AED 1,460,000 (AED 2,262 per sqft).
- Rented since January 2021 on 6 Ejari contracts, from AED 40,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2025 price is 8.2%, 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 18 April 2025.
Questions about 409, Park Heights 2 Tower 1
What did unit 409 last sell for?
AED 1,460,000 on 9 April 2025: AED 2,262 per sqft for 645 sqft. The unit has 3 registered sales; the first was AED 875,888 in November 2020.
What is the rent for unit 409?
AED 120,000 a year on the contract signed on 18 April 2025. The previous contract, from January 2025, was AED 58,440; the unit has been rented since January 2021.
How big is unit 409?
645 sqft (59.9 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2020.
What is unit 409 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 409, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.46M, 9 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,460,000
- Deposit, UAE resident (20%)
- AED 292,000
- Deposit, non-resident (40%)
- AED 584,000
- Monthly over 25 years at 3.7%
- AED 5,973
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →