1-bed · 645 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

702, Park Heights 2 Tower 1

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 30 June 2026
Last soldAED 1.35M28 November 2024
Current rentAED 74K /yr30 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Park Heights 2 Tower 1

What is 702 worth today?

Last sold for AED 1,350,000 in 2024

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30 Jun 2026RentedNew contract
AED 73,795/yr12 months · AED 114 per sqft
31 Oct 2025RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
28 Nov 2024SoldReady
AED 1,350,000AED 2,092 per sqft
1 Sep 2022RentedRenewal
AED 45,000/yr12 months · AED 70 per sqft
1 Sep 2021RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
1 Mar 2021RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
25 Jul 2017Sold by developerOff-plan
AED 856,888AED 1,327 per sqft

Source: Dubai Land Department. Updated 30 June 2026.

Key facts

Type
1-bed apartment
Size
645 sqft
Parking
PH2-G-182
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.35M · November 2024

About 702, Park Heights 2 Tower 1

702 is a one-bedroom apartment of 645 sqft 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 28 November 2024 for AED 1,350,000, or AED 2,092 per sqft, 11% above the AED 1,886 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 30 June 2026, is AED 73,795 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 16,600 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Park Heights 2 Tower 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 865,888; 2018 AED 858,888; 2019 AED 863,888; 2020 AED 883,888; 2021 AED 750,000; 2022 AED 910,000; 2023 AED 1,035,550; 2024 AED 1,265,000; 2025 AED 1,430,000; 2026 AED 1,280,000Sold by developer, July 2017: AED 856,888 (AED 1,327 per sqft)Sold, November 2024: AED 1,350,000 (AED 2,092 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Park Heights 2 Tower 1
50K75K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 40,000; 2022 AED 47,250; 2023 AED 60,000; 2024 AED 82,500; 2025 AED 85,000; 2026 AED 85,000New contract, March 2021: AED 38,000 a yearNew contract, September 2021: AED 38,000 a yearRenewal, September 2022: AED 45,000 a yearNew contract, October 2025: AED 90,000 a yearNew contract, June 2026: AED 73,795 a year

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 702 sits

All 149 1-beds →

702 last sold in November 2024 at AED 2,092 per sqft, 11% above what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,886). 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. 702's AED 73,795 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,250,000
17 Aug 20261,280,000
16 Jun 20261,200,000
14 Apr 20261,270,000
11 1-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 →

702, Park Heights 2 Tower 1 in numbers

  • Sold twice: first on 25 July 2017 for AED 856,888, last on 28 November 2024 for AED 1,350,000 (AED 2,092 per sqft).
  • Rented since March 2021 on 5 Ejari contracts, from AED 38,000 to AED 73,795 a year.
  • At AED 73,795 a year the gross yield on the 2024 price is 5.5%, 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 30 June 2026.

Questions about 702, Park Heights 2 Tower 1

What did unit 702 last sell for?

AED 1,350,000 on 28 November 2024: AED 2,092 per sqft for 645 sqft. The unit has 2 registered sales; the first was AED 856,888 in July 2017.

What is the rent for unit 702?

AED 73,795 a year on the contract signed on 30 June 2026. The previous contract, from October 2025, was AED 90,000; the unit has been rented since March 2021.

How big is unit 702?

645 sqft (59.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 702 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 702, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.35M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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