3-bed · 1,610 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

413, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 27 January 2022
Last soldAED 2.15M27 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Park Heights 2 Tower 1

What is 413 worth today?

Last sold for AED 2,154,888 in 2022

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27 Jan 2022Sold by developerReady
AED 2,154,888AED 1,338 per sqft

Source: Dubai Land Department. Updated 27 January 2022.

Key facts

Type
3-bed apartment
Size
1,610 sqft
Parking
PH2-B-351, PH2-B-T26
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 41,300 /yr
Last sold
AED 2.15M · January 2022

About 413, Park Heights 2 Tower 1

413 is a three-bedroom apartment of 1,610 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 27 January 2022 for AED 2,154,888, or AED 1,338 per sqft, 4% above the AED 1,285 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 413 over time

Sales
Unit 413, each saleTypical three-bed in Park Heights 2 Tower 1
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,141,888; 2018 AED 2,146,888; 2019 AED 2,150,888; 2020 AED 2,174,888; 2021 AED 2,067,888; 2022 AED 2,193,888; 2024 AED 2,793,483; 2025 AED 2,915,000Sold by developer, January 2022: AED 2,154,888 (AED 1,338 per sqft)

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

Rents
Unit 413, each contractTypical three-bed in Park Heights 2 Tower 1
100K150K200K2021202320252027Typical rent by year: 2021 AED 93,500; 2022 AED 110,000; 2023 AED 165,000; 2024 AED 190,000; 2025 AED 195,000; 2026 AED 200,046

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Heights 2 Tower 1, and where 413 sits

All 36 3-beds →

413 last sold in January 2022 at AED 1,338 per sqft, 4% above what three-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,285). Over the last 12 months three-beds sold for AED 2,950,000 to 3,000,000, around AED 1,846 per sqft, and rent for AED 164,824 to 220,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Feb 20263,000,000
9 Jan 20262,950,000
27 Aug 20252,975,000
22 Jul 20253,200,000
2 3-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 →

413, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 27 January 2022 for AED 2,154,888, or AED 1,338 per sqft.
  • Three-beds in Park Heights 2 Tower 1 sold for AED 2,950,000–3,000,000 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 27 January 2022.

Questions about 413, Park Heights 2 Tower 1

What did unit 413 last sell for?

AED 2,154,888 on 27 January 2022, sold by the developer: AED 1,338 per sqft for 1,610 sqft. It is the only registered sale of the unit.

How big is unit 413?

1,610 sqft (149.6 sqm): a three-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 413 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Heights 2 Tower 1 sold for AED 2,950,000 to 3,000,000 in the last 12 months, around AED 1,846 per sqft.

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Mortgage on 413, Park Heights 2 Tower 1

Starts from the last sale price (AED 2.15M, 27 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,154,888
Deposit, UAE resident (20%)
AED 430,978
Deposit, non-resident (40%)
AED 861,955
Monthly over 25 years at 3.7%
AED 8,816

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