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

802, Park Heights 2 Tower 1

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 1.19M16 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Park Heights 2 Tower 1

What is 802 worth today?

Last sold for AED 1,190,000 in 2023

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16 Jun 2023SoldReady
AED 1,190,000AED 1,844 per sqft
7 Feb 2019Sold by developerOff-plan
AED 858,888AED 1,330 per sqft

Source: Dubai Land Department. Updated 16 June 2023.

Key facts

Type
1-bed apartment
Size
645 sqft
Parking
PH2-G-110
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.19M · June 2023

About 802, Park Heights 2 Tower 1

802 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 16 June 2023 for AED 1,190,000, or AED 1,844 per sqft, 17% above the AED 1,574 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 802 over time

Sales
Unit 802, 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, February 2019: AED 858,888 (AED 1,330 per sqft)Sold, June 2023: AED 1,190,000 (AED 1,844 per sqft)

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

Rents
Unit 802, 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 85,000

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 802 sits

All 149 1-beds →

802 last sold in June 2023 at AED 1,844 per sqft, 17% above what one-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,574). 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.

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 →

802, Park Heights 2 Tower 1 in numbers

  • Sold twice: first on 7 February 2019 for AED 858,888, last on 16 June 2023 for AED 1,190,000 (AED 1,844 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 16 June 2023.

Questions about 802, Park Heights 2 Tower 1

What did unit 802 last sell for?

AED 1,190,000 on 16 June 2023: AED 1,844 per sqft for 645 sqft. The unit has 2 registered sales; the first was AED 858,888 in February 2019.

How big is unit 802?

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

What is unit 802 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 802, Park Heights 2 Tower 1

Starts from the last sale price (AED 1.19M, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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