703, Park Heights 2 Tower 1
Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Park Heights 2 Tower 1
What is 703 worth today?
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Source: Dubai Land Department. Updated 16 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 957 sqft
- Parking
- PH2-B-103
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.24M · November 2018
- Building
- Park Heights 2 Tower 1
About 703, Park Heights 2 Tower 1
703 is a two-bedroom apartment of 957 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 8 November 2018 for AED 1,241,888, or AED 1,297 per sqft, in line with the AED 1,265 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 16 December 2024, is AED 129,305 a year: a gross yield of 10.4% on the 2018 price, before the service charge of about AED 24,500 a year.
Sales and rents for 703 over time
703 has sold once; the dashed line is the two-bed median of each year in the building.
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 703 sits
All 91 2-beds →703 last sold in November 2018 at AED 1,297 per sqft, in line with what two-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,265). 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. 703's AED 129,305 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 956 sqft | 1,900,000 | 1,987 | ||
| 10 Aug 202610 August 2026 | 956 sqft | 2,000,000 | 2,091 | ||
| 29 Jul 202629 July 2026 | 956 sqft | 41,095 | 42 | ||
| 23 Jul 202623 July 2026 | 956 sqft | 99,857 | 104 |
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%
703, Park Heights 2 Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 8 November 2018 for AED 1,241,888, or AED 1,297 per sqft.
- Rented since June 2021 on 4 Ejari contracts, from AED 60,000 to AED 129,305 a year.
- At AED 129,305 a year the gross yield on the 2018 price is 10.4%, before a service charge of about AED 24,500 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 16 December 2024.
Questions about 703, Park Heights 2 Tower 1
What did unit 703 last sell for?
AED 1,241,888 on 8 November 2018, sold by the developer: AED 1,297 per sqft for 957 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 129,305 a year on the contract renewed on 16 December 2024. The previous contract, from December 2023, was AED 125,000; the unit has been rented since June 2021.
How big is unit 703?
957 sqft (88.9 sqm): a two-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 703 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 703, Park Heights 2 Tower 1
Starts from the last sale price (AED 1.24M, 8 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,241,888
- Deposit, UAE resident (20%)
- AED 248,378
- Deposit, non-resident (40%)
- AED 496,755
- Monthly over 25 years at 3.7%
- AED 5,081
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →