3-bed · 1,612 sqftPark Heights 2 Tower 1, Dubai Hills Estate · completed 2020

805, Park Heights 2 Tower 1

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

Unit 805 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 2.7M10 May 2024
Current rentAED 100K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Park Heights 2 Tower 1

What is 805 worth today?

Last sold for AED 2,700,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 May 2024SoldReady
AED 2,700,000AED 1,675 per sqft
1 Sep 2023RentedRenewal
AED 99,507/yr7 months · AED 62 per sqft
1 Sep 2022RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
1 Sep 2021RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
20 Apr 2020Sold by developerOff-plan
AED 2,164,888AED 1,343 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
3-bed apartment
Size
1,612 sqft
Parking
PH2-G-14, PH2-G-T2
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 41,300 /yr
Last sold
AED 2.7M · May 2024

About 805, Park Heights 2 Tower 1

805 is a three-bedroom apartment of 1,612 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 10 May 2024 for AED 2,700,000, or AED 1,675 per sqft, in line with the AED 1,675 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 99,507 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 41,300 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical three-bed in Park Heights 2 Tower 1
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,141,888; 2018 AED 2,146,888; 2019 AED 2,150,888; 2020 AED 2,174,888; 2021 AED 2,067,888; 2022 AED 2,193,888; 2024 AED 2,793,483; 2025 AED 2,915,000Sold by developer, April 2020: AED 2,164,888 (AED 1,343 per sqft)Sold, May 2024: AED 2,700,000 (AED 1,675 per sqft)

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

Rents
Unit 805, each contractTypical three-bed in Park Heights 2 Tower 1
100K150K200K2021202320252027Typical rent by year: 2021 AED 93,500; 2022 AED 110,000; 2023 AED 165,000; 2024 AED 190,000; 2025 AED 195,000; 2026 AED 200,046New contract, September 2021: AED 100,000 a yearRenewal, September 2022: AED 100,000 a yearRenewal, September 2023: AED 99,507 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Heights 2 Tower 1, and where 805 sits

All 36 3-beds →

805 last sold in May 2024 at AED 1,675 per sqft, in line with what three-beds in Park Heights 2 Tower 1 were fetching at the time (AED 1,675). Over the last 12 months three-beds sold for AED 2,950,000 to 3,000,000, around AED 1,846 per sqft, and rent for AED 164,824 to 220,000 a year. 805's AED 99,507 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Feb 20263,000,000
9 Jan 20262,950,000
27 Aug 20252,975,000
22 Jul 20253,200,000
2 3-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 →

805, Park Heights 2 Tower 1 in numbers

  • Sold twice: first on 20 April 2020 for AED 2,164,888, last on 10 May 2024 for AED 2,700,000 (AED 1,675 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 100,000 to AED 99,507 a year.
  • At AED 99,507 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 41,300 a year (AED 25.65 per sqft).
  • Three-beds in Park Heights 2 Tower 1 sold for AED 2,950,000–3,000,000 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 10 May 2024.

Questions about 805, Park Heights 2 Tower 1

What did unit 805 last sell for?

AED 2,700,000 on 10 May 2024: AED 1,675 per sqft for 1,612 sqft. The unit has 2 registered sales; the first was AED 2,164,888 in April 2020.

What is the rent for unit 805?

AED 99,507 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 100,000; the unit has been rented since September 2021.

How big is unit 805?

1,612 sqft (149.8 sqm): a three-bedroom apartment of a 17-storey tower completed in 2020.

What is unit 805 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Heights 2 Tower 1 sold for AED 2,950,000 to 3,000,000 in the last 12 months, around AED 1,846 per sqft.

Selling 805? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 805, Park Heights 2 Tower 1

Starts from the last sale price (AED 2.7M, 10 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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