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2-bed · 488 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

603, Park Heights 2 Tower 1

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

Unit 603 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.24M25 July 2017
Current rentAED 140K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Park Heights 2 Tower 1

What is 603 worth today?

Last sold for AED 1,239,888 in 2017

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15 Aug 2025RentedNew contract
AED 140,000/yr12 months · AED 146 per sqft
15 Aug 2024RentedNew contract
AED 120,000/yr9 months · AED 125 per sqft
8 Jul 2022RentedRenewal
AED 66,000/yr12 months · AED 69 per sqft
8 Jul 2021RentedNew contract
AED 66,000/yr12 months · AED 69 per sqft
25 Jul 2017Sold by developerOff-plan
AED 1,239,888AED 1,295 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
2-bed apartment
Size
488 sqft
Parking
PH2-B-106
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 12,500 /yr
Last sold
AED 1.24M · July 2017
Building
Park Heights 2 Tower 1

About 603, Park Heights 2 Tower 1

603 is a two-bedroom apartment of 488 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 25 July 2017 for AED 1,239,888, or AED 1,295 per sqft, in line with the AED 1,296 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 August 2025, is AED 140,000 a year: a gross yield of 11.3% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, July 2017: AED 1,239,888 (AED 1,295 per sqft)

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

Rents
Unit 603, each contractTypical two-bed in Park Heights 2 Tower 1
50K100K150K2020202220242026Typical 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 130,000New contract, July 2021: AED 66,000 a yearRenewal, July 2022: AED 66,000 a yearNew contract, August 2024: AED 120,000 a yearNew contract, August 2025: AED 140,000 a year

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 603 sits

All 91 2-beds →

603 last sold in July 2017 at AED 1,295 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,296). 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. 603's AED 140,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20261,900,000
10 Aug 20262,000,000
29 Jul 202641,095
23 Jul 202699,857
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 →

603, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 25 July 2017 for AED 1,239,888, or AED 1,295 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 66,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2017 price is 11.3%, before a service charge of about AED 12,500 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 August 2025.

Questions about 603, Park Heights 2 Tower 1

What did unit 603 last sell for?

AED 1,239,888 on 25 July 2017, sold by the developer: AED 1,295 per sqft for 488 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 140,000 a year on the contract signed on 15 August 2025. The previous contract, from August 2024, was AED 120,000; the unit has been rented since July 2021.

How big is unit 603?

488 sqft (45.3 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 603 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 603, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.24M, 25 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,239,888
Deposit, UAE resident (20%)
AED 247,978
Deposit, non-resident (40%)
AED 495,955
Monthly over 25 years at 3.7%
AED 5,073

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