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1-bed · 657 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

511, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 4 October 2026
Last soldAED 871K2 October 2017
Current rentAED 88K /yr4 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, Park Heights 2 Tower 1

What is 511 worth today?

Last sold for AED 870,888 in 2017

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4 Oct 2026RentedNew contract
AED 88,000/yr12 months · AED 134 per sqft
1 Mar 2021RentedNew contract
AED 40,000/yr13 months · AED 61 per sqft
2 Oct 2017Sold by developerOff-plan
AED 870,888AED 1,325 per sqft

Source: Dubai Land Department. Updated 4 October 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Parking
PH2-G-177
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,900 /yr
Last sold
AED 871K · October 2017
Building
Park Heights 2 Tower 1

About 511, Park Heights 2 Tower 1

511 is a one-bedroom apartment of 657 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 2 October 2017 for AED 870,888, or AED 1,325 per sqft, in line with the AED 1,338 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 4 October 2026, is AED 88,000 a year: a gross yield of 10.1% on the 2017 price, before the service charge of about AED 16,900 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, October 2017: AED 870,888 (AED 1,325 per sqft)

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

Rents
Unit 511, 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 2021: AED 40,000 a yearNew contract, October 2026: AED 88,000 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 511 sits

All 149 1-beds →

511 last sold in October 2017 at AED 1,325 per sqft, in line with what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,338). 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. 511's AED 88,000 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 →

511, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 2 October 2017 for AED 870,888, or AED 1,325 per sqft.
  • Rented since March 2021 on 2 Ejari contracts, from AED 40,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2017 price is 10.1%, before a service charge of about AED 16,900 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 4 October 2026.

Questions about 511, Park Heights 2 Tower 1

What did unit 511 last sell for?

AED 870,888 on 2 October 2017, sold by the developer: AED 1,325 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 88,000 a year on the contract signed on 4 October 2026. The previous contract, from March 2021, was AED 40,000.

How big is unit 511?

657 sqft (61.0 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 511 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 511, Park Heights 2 Tower 1

Starts from the last sale price (AED 871K, 2 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 870,888
Deposit, UAE resident (20%)
AED 174,178
Deposit, non-resident (40%)
AED 348,355
Monthly over 25 years at 3.7%
AED 3,563

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