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3-bed · 1,612 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

605, Park Heights 2 Tower 1

Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from October 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 2.15M18 June 2019
Current rentAED 210K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 605, Park Heights 2 Tower 1

What is 605 worth today?

Last sold for AED 2,150,888 in 2019

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20 Oct 2023RentedNew contract
AED 210,000/yr24 months · AED 130 per sqft
18 Jun 2019Sold by developerOff-plan
AED 2,150,888AED 1,334 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
3-bed apartment
Size
1,612 sqft
Parking
PH2-B-68, PH2-B-T16
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 41,300 /yr
Last sold
AED 2.15M · June 2019
Building
Park Heights 2 Tower 1

About 605, Park Heights 2 Tower 1

605 is a three-bedroom apartment of 1,612 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 18 June 2019 for AED 2,150,888, or AED 1,334 per sqft, in line with the AED 1,297 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2023. The current contract, signed on 20 October 2023, is AED 210,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 41,300 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical three-bed in Park Heights 2 Tower 1
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,141,888; 2018 AED 2,146,888; 2019 AED 2,150,888; 2020 AED 2,174,888; 2021 AED 2,067,888; 2022 AED 2,193,888; 2024 AED 2,793,483; 2025 AED 2,915,000Sold by developer, June 2019: AED 2,150,888 (AED 1,334 per sqft)

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

Rents
Unit 605, each contractTypical three-bed in Park Heights 2 Tower 1
100K200K2021202320252027Typical rent by year: 2021 AED 93,500; 2022 AED 110,000; 2023 AED 165,000; 2024 AED 190,000; 2025 AED 195,000; 2026 AED 200,046New contract, October 2023: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Heights 2 Tower 1, and where 605 sits

All 36 3-beds →

605 last sold in June 2019 at AED 1,334 per sqft, in line with what three-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,297). Over the last 12 months three-beds sold for AED 2,950,000 to 3,000,000, around AED 1,846 per sqft, and rent for AED 164,824 to 220,000 a year. 605's AED 210,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Feb 20263,000,000
9 Jan 20262,950,000
27 Aug 20252,975,000
22 Jul 20253,200,000
2 3-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 →

605, Park Heights 2 Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 18 June 2019 for AED 2,150,888, or AED 1,334 per sqft.
  • Rented since October 2023 on one Ejari contract, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 41,300 a year (AED 25.65 per sqft).
  • Three-beds in Park Heights 2 Tower 1 sold for AED 2,950,000–3,000,000 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 20 October 2023.

Questions about 605, Park Heights 2 Tower 1

What did unit 605 last sell for?

AED 2,150,888 on 18 June 2019, sold by the developer: AED 1,334 per sqft for 1,612 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 210,000 a year on the contract signed on 20 October 2023.

How big is unit 605?

1,612 sqft (149.8 sqm): a three-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Heights 2 Tower 1 sold for AED 2,950,000 to 3,000,000 in the last 12 months, around AED 1,846 per sqft.

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Mortgage on 605, Park Heights 2 Tower 1

Starts from the last sale price (AED 2.15M, 18 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,888
Deposit, UAE resident (20%)
AED 430,178
Deposit, non-resident (40%)
AED 860,355
Monthly over 25 years at 3.7%
AED 8,800

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