1-bed · 655 sqftPark Horizon - Tower 1, Dubai Hills Estate · completed 2026

505, Park Horizon - Tower 1

Sold prices and rental history: sold twice, last in December 2024, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 31 January 2026
Last soldAED 1.45M9 December 2024
Current rentAED 120K /yr31 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Park Horizon - Tower 1

What is 505 worth today?

Last sold for AED 1,450,000 in 2024

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31 Jan 2026RentedNew contract
AED 120,000/yr12 months · AED 183 per sqft
9 Dec 2024SoldOff-plan
AED 1,450,000AED 2,213 per sqft
23 Dec 2022Sold by developerOff-plan
AED 1,183,888AED 1,807 per sqft

Source: Dubai Land Department. Updated 31 January 2026.

Key facts

Type
1-bed apartment
Size
655 sqft
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 1.45M · December 2024

About 505, Park Horizon - Tower 1

505 is a one-bedroom apartment of 655 sqft of Park Horizon - Tower 1, a 10-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. It last sold on 9 December 2024 for AED 1,450,000, or AED 2,213 per sqft, 14% above the AED 1,939 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 January 2026. The current contract, signed on 31 January 2026, is AED 120,000 a year: a gross yield of 8.3% on the 2024 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Park Horizon - Tower 1
1.25M1.5M1.75M202220242026Typical sale price by year: 2022 AED 1,185,388; 2023 AED 1,188,888; 2024 AED 1,280,000; 2025 AED 1,193,888; 2026 AED 1,700,000Sold by developer, December 2022: AED 1,183,888 (AED 1,807 per sqft)Sold, December 2024: AED 1,450,000 (AED 2,213 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Park Horizon - Tower 1
100K120K202520262027Typical rent by year: 2025 AED 110,000; 2026 AED 95,000New contract, January 2026: AED 120,000 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 Horizon - Tower 1, and where 505 sits

All 40 1-beds →

505 last sold in December 2024 at AED 2,213 per sqft, 14% above what one-beds in Park Horizon - Tower 1 were fetching at the time (AED 1,939). Over the last 12 months one-beds sold for AED 1,500,000 to 1,820,000, around AED 2,580 per sqft, and rent for AED 80,000 to 140,000 a year. 505's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 20261,820,000
8 Jul 20261,500,000
12 Jun 20261,500,000
15 May 20261,775,000
9 1-bed sales in the last 12 months

Park Horizon - Tower 1

Building

33 apartments, 1-bed to 2-bed over 10 floors in Dubai Hills Estate, completed in 2026 by Dubai Hills Estate. 21 sold in the last 12 months.

Typical price per sqft
AED 2,504 Up 14.5%
Typical sale
AED 2.3M
Typical rent
AED 125K /yr
Typical yield
5.8%
Park Horizon - Tower 1, Dubai Hills Estate: prices, sales and rents →

505, Park Horizon - Tower 1 in numbers

  • Sold twice: first on 23 December 2022 for AED 1,183,888, last on 9 December 2024 for AED 1,450,000 (AED 2,213 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.3%.
  • One-beds in Park Horizon - Tower 1 sold for AED 1,500,000–1,820,000 in the 12 months to November 2026; the building's median across all types is AED 2,504 per sqft.

Source: Dubai Land Department. Updated 31 January 2026.

Questions about 505, Park Horizon - Tower 1

What did unit 505 last sell for?

AED 1,450,000 on 9 December 2024: AED 2,213 per sqft for 655 sqft. The unit has 2 registered sales; the first was AED 1,183,888 in December 2022.

What is the rent for unit 505?

AED 120,000 a year on the contract signed on 31 January 2026.

How big is unit 505?

655 sqft (60.9 sqm): a one-bedroom apartment of a 10-storey tower completed in 2026.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Horizon - Tower 1 sold for AED 1,500,000 to 1,820,000 in the last 12 months, around AED 2,580 per sqft.

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Mortgage on 505, Park Horizon - Tower 1

Starts from the last sale price (AED 1.45M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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