503, Park Heights 2 Tower 1
Sold prices and rental history: sold once, by the developer in September 2017, 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 503, Park Heights 2 Tower 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 15 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 957 sqft
- Parking
- PH2-B-91
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.24M · September 2017
- Building
- Park Heights 2 Tower 1
About 503, Park Heights 2 Tower 1
503 is a two-bedroom apartment of 957 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 28 September 2017 for AED 1,236,888, or AED 1,292 per sqft, in line with the AED 1,290 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 June 2026, is AED 99,792 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 24,500 a year.
Sales and rents for 503 over time
503 has sold once; 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 503 sits
All 91 2-beds →503 last sold in September 2017 at AED 1,292 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,290). 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. 503's AED 99,792 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%
503, Park Heights 2 Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 28 September 2017 for AED 1,236,888, or AED 1,292 per sqft.
- Rented since June 2021 on 6 Ejari contracts, from AED 60,000 to AED 99,792 a year.
- At AED 99,792 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 24,500 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 15 June 2026.
Questions about 503, Park Heights 2 Tower 1
What did unit 503 last sell for?
AED 1,236,888 on 28 September 2017, sold by the developer: AED 1,292 per sqft for 957 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 99,792 a year on the contract renewed on 15 June 2026. The previous contract, from June 2025, was AED 99,792; the unit has been rented since June 2021.
How big is unit 503?
957 sqft (88.9 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 503 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 503, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.24M, 28 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,236,888
- Deposit, UAE resident (20%)
- AED 247,378
- Deposit, non-resident (40%)
- AED 494,755
- Monthly over 25 years at 3.7%
- AED 5,060
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →