512, Park Heights 2 Tower 1
Sold prices and rental history: sold once, by the developer in November 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 512, Park Heights 2 Tower 1
What is 512 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,089 sqft
- Parking
- PH2-B-72
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.28M · November 2017
- Building
- Park Heights 2 Tower 1
About 512, Park Heights 2 Tower 1
512 is a two-bedroom apartment of 1,089 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 23 November 2017 for AED 1,277,888, or AED 1,173 per sqft, 9% below the AED 1,290 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 20 February 2026, is AED 155,000 a year: a gross yield of 12.1% on the 2017 price, before the service charge of about AED 27,900 a year.
Sales and rents for 512 over time
512 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 512 sits
All 91 2-beds →512 last sold in November 2017 at AED 1,173 per sqft, 9% below 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. 512's AED 155,000 is in the upper 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%
512, Park Heights 2 Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 23 November 2017 for AED 1,277,888, or AED 1,173 per sqft.
- Rented since April 2021 on 7 Ejari contracts, from AED 65,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2017 price is 12.1%, before a service charge of about AED 27,900 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 20 February 2026.
Questions about 512, Park Heights 2 Tower 1
What did unit 512 last sell for?
AED 1,277,888 on 23 November 2017, sold by the developer: AED 1,173 per sqft for 1,089 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 155,000 a year on the contract signed on 20 February 2026. The previous contract, from May 2025, was AED 130,000; the unit has been rented since April 2021.
How big is unit 512?
1,089 sqft (101.2 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 512 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 512, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.28M, 23 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,277,888
- Deposit, UAE resident (20%)
- AED 255,578
- Deposit, non-resident (40%)
- AED 511,155
- Monthly over 25 years at 3.7%
- AED 5,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →