2-bed · 956 sqftPark Heights 2 Tower 1, Dubai Hills Estate · 5th floor · completed 2020

515, Park Heights 2 Tower 1

Sold prices and rental history: sold twice, last in September 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 21 September 2026
Last soldAED 1.9M21 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Park Heights 2 Tower 1

What is 515 worth today?

Last sold for AED 1,900,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Sep 2026SoldReady
AED 1,900,000AED 1,987 per sqft
26 Sep 2017Sold by developerOff-plan
AED 1,235,888AED 1,292 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type
2-bed apartment
Size
956 sqft
Floor
5th of 17
Parking
PH2-B-36
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 24,500 /yr
Last sold
AED 1.9M · September 2026

About 515, Park Heights 2 Tower 1

515 is a two-bedroom apartment of 956 sqft on the 5th 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 21 September 2026 for AED 1,900,000, or AED 1,987 per sqft, 7% below the AED 2,146 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical two-bed in Park Heights 2 Tower 1
1M2M2017202020232026Typical sale price by year: 2017 AED 1,260,888; 2018 AED 1,269,888; 2019 AED 1,339,388; 2020 AED 1,252,388; 2021 AED 1,070,000; 2022 AED 1,375,000; 2023 AED 1,650,000; 2024 AED 1,914,953; 2025 AED 2,295,000; 2026 AED 2,060,000Sold by developer, September 2017: AED 1,235,888 (AED 1,292 per sqft)Sold, September 2026: AED 1,900,000 (AED 1,987 per sqft)

515 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 515, each contractTypical two-bed in Park Heights 2 Tower 1
50K100K2020202220242026Typical rent by year: 2020 AED 60,000; 2021 AED 62,000; 2022 AED 68,250; 2023 AED 105,200; 2024 AED 127,653; 2025 AED 135,000; 2026 AED 130,000

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 515 sits

All 91 2-beds →

515 last sold in September 2026 at AED 1,987 per sqft, 7% below what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 2,146). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Aug 20262,000,000
29 Jul 202641,095
23 Jul 202699,857
19 Jun 20262,060,000
11 2-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 →

Other units on the 5th floor

All 42 units in Park Heights 2 Tower 1
Value
5053-bedAED 2.95M · Jan 2026
5081-bedAED 1.45M · May 2025

515, Park Heights 2 Tower 1 in numbers

  • Sold twice: first on 26 September 2017 for AED 1,235,888, last on 21 September 2026 for AED 1,900,000 (AED 1,987 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 21 September 2026.

Questions about 515, Park Heights 2 Tower 1

What did unit 515 last sell for?

AED 1,900,000 on 21 September 2026: AED 1,987 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 1,235,888 in September 2017.

How big is unit 515?

956 sqft (88.8 sqm): a two-bedroom apartment on the 5th floor of a 17-storey tower completed in 2020.

What is unit 515 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.

Selling 515? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 515, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.9M, 21 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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