714, 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.
Property timeline for 714, Park Heights 2 Tower 1
What is 714 worth today?
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Source: Dubai Land Department. Updated 26 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 645 sqft
- Parking
- PH2-G-187
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 16,600 /yr
- Last sold
- AED 857K · July 2017
- Building
- Park Heights 2 Tower 1
About 714, Park Heights 2 Tower 1
714 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. The developer sold it on 26 July 2017 for AED 856,888, or AED 1,327 per sqft, in line with the AED 1,338 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 26 April 2025, is AED 63,756 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 16,600 a year.
Sales and rents for 714 over time
714 has sold once; 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 714 sits
All 149 1-beds →714 last sold in July 2017 at AED 1,327 per sqft, in line with what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,338). 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. 714's AED 63,756 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 649 sqft | 1,250,000 | 1,927 | ||
| 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 |
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%
714, Park Heights 2 Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 26 July 2017 for AED 856,888, or AED 1,327 per sqft.
- Rented since April 2021 on 5 Ejari contracts, from AED 35,000 to AED 63,756 a year.
- At AED 63,756 a year the gross yield on the 2017 price is 7.4%, 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 April 2025.
Questions about 714, Park Heights 2 Tower 1
What did unit 714 last sell for?
AED 856,888 on 26 July 2017, sold by the developer: AED 1,327 per sqft for 645 sqft. It is the only registered sale of the unit.
What is the rent for unit 714?
AED 63,756 a year on the contract renewed on 26 April 2025. The previous contract, from April 2024, was AED 53,130; the unit has been rented since April 2021.
How big is unit 714?
645 sqft (59.9 sqm): a one-bedroom apartment of a 17-storey tower completed in 2020.
What is unit 714 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 714, Park Heights 2 Tower 1
Starts from the last sale price (AED 857K, 26 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 856,888
- Deposit, UAE resident (20%)
- AED 171,378
- Deposit, non-resident (40%)
- AED 342,755
- Monthly over 25 years at 3.7%
- AED 3,506
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →