701, Park Heights 2 Tower 1
Sold prices and rental history: sold 3 times, last in August 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Park Heights 2 Tower 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 26 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 649 sqft
- Floor
- 7th of 17
- Parking
- PH2-G-122
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.25M · August 2026
- Building
- Park Heights 2 Tower 1
About 701, Park Heights 2 Tower 1
701 is a one-bedroom apartment of 649 sqft on the 7th 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 26 August 2026 for AED 1,250,000, or AED 1,927 per sqft, 11% below the AED 2,169 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 October 2025, is AED 85,000 a year: a gross yield of 6.8% on the 2026 price, before the service charge of about AED 16,600 a year.
Sales and rents for 701 over time
701 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 149 1-beds →701 last sold in August 2026 at AED 1,927 per sqft, 11% below what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 2,169). 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. 701's AED 85,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 855 sqft | 1,280,000 | 1,496 | ||
| 16 Jun 202616 June 2026 | 645 sqft | 1,200,000 | 1,859 | ||
| 14 Apr 202614 April 2026 | 657 sqft | 1,270,000 | 1,932 | ||
| 25 Mar 202625 March 2026 | 645 sqft | 1,365,000 | 2,115 |
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%
Other units on the 7th floor
All 42 units in Park Heights 2 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 707 | 1-bed | 645 sqft | AED 1.49MAED 1,485,000 · Dec 2025December 2025 | 80,000 /yr |
701, Park Heights 2 Tower 1 in numbers
- Sold 3 times: first on 7 June 2022 for AED 941,761, last on 26 August 2026 for AED 1,250,000 (AED 1,927 per sqft).
- Rented since September 2022 on 4 Ejari contracts, from AED 55,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2026 price is 6.8%, before a service charge of about AED 16,600 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 26 August 2026.
Questions about 701, Park Heights 2 Tower 1
What did unit 701 last sell for?
AED 1,250,000 on 26 August 2026: AED 1,927 per sqft for 649 sqft. The unit has 3 registered sales; the first was AED 941,761 in June 2022.
What is the rent for unit 701?
AED 85,000 a year on the contract renewed on 20 October 2025. The previous contract, from October 2024, was AED 92,727; the unit has been rented since September 2022.
How big is unit 701?
649 sqft (60.3 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2020.
What is unit 701 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 701, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.25M, 26 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →