506, Park Horizon - Tower 1
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Park Horizon - Tower 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 20 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 655 sqft
- Parking
- 1
- Developer
- Dubai Hills Estate
- Completed
- 2026
- Last sold
- AED 1.18M · January 2023
- Building
- Park Horizon - Tower 1
About 506, Park Horizon - Tower 1
506 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. The developer sold it on 4 January 2023 for AED 1,183,888, or AED 1,807 per sqft, in line with the AED 1,806 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 March 2026. The current contract, signed on 20 March 2026, is AED 100,000 a year: a gross yield of 8.5% on the 2023 price.
Sales and rents for 506 over time
506 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 Horizon - Tower 1, and where 506 sits
All 40 1-beds →506 last sold in January 2023 at AED 1,807 per sqft, in line with what one-beds in Park Horizon - Tower 1 were fetching at the time (AED 1,806). 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. 506's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 659 sqft | 1,820,000 | 2,762 | ||
| 8 Jul 20268 July 2026 | 659 sqft | 1,500,000 | 2,276 | ||
| 12 Jun 202612 June 2026 | 741 sqft | 1,500,000 | 2,025 | ||
| 15 May 202615 May 2026 | 659 sqft | 1,775,000 | 2,694 |
Park Horizon - Tower 1
Building33 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%
506, Park Horizon - Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 4 January 2023 for AED 1,183,888, or AED 1,807 per sqft.
- Rented since March 2026 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 8.5%.
- 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 20 March 2026.
Questions about 506, Park Horizon - Tower 1
What did unit 506 last sell for?
AED 1,183,888 on 4 January 2023, sold by the developer: AED 1,807 per sqft for 655 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 100,000 a year on the contract signed on 20 March 2026.
How big is unit 506?
655 sqft (60.9 sqm): a one-bedroom apartment of a 10-storey tower completed in 2026.
What is unit 506 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 506, Park Horizon - Tower 1
Starts from the last sale price (AED 1.18M, 4 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,183,888
- Deposit, UAE resident (20%)
- AED 236,778
- Deposit, non-resident (40%)
- AED 473,555
- Monthly over 25 years at 3.7%
- AED 4,844
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →