2-bed · 1,036 sqftPark Horizon - Tower 2, Dubai Hills Estate · completed 2026

1603, Park Horizon - Tower 2

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

Unit 1603 · DLD and Ejari recordsUpdated 16 May 2026
Last soldAED 2M15 April 2024
Current rentAED 130K /yr16 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Park Horizon - Tower 2

What is 1603 worth today?

Last sold for AED 2,000,001 in 2024

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16 May 2026RentedNew contract
AED 130,000/yr12 months · AED 125 per sqft
15 Apr 2024SoldOff-plan
AED 2,000,001AED 1,930 per sqft
19 Jan 2023Sold by developerOff-plan
AED 1,990,888AED 1,921 per sqft

Source: Dubai Land Department. Updated 16 May 2026.

Key facts

Type
2-bed apartment
Size
1,036 sqft
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 2M · April 2024

About 1603, Park Horizon - Tower 2

1603 is a two-bedroom apartment of 1,036 sqft of Park Horizon - Tower 2, a 19-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. It last sold on 15 April 2024 for AED 2,000,001, or AED 1,930 per sqft, 4% below the AED 2,011 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 May 2026. The current contract, signed on 16 May 2026, is AED 130,000 a year: a gross yield of 6.5% on the 2024 price.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Park Horizon - Tower 2
2M2.5M202220242026Typical sale price by year: 2022 AED 1,991,388; 2023 AED 1,965,888; 2024 AED 2,244,944; 2025 AED 2,400,000; 2026 AED 2,600,000Sold by developer, January 2023: AED 1,990,888 (AED 1,921 per sqft)Sold, April 2024: AED 2,000,001 (AED 1,930 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Park Horizon - Tower 2, and where 1603 sits

All 79 2-beds →

1603 last sold in April 2024 at AED 1,930 per sqft, 4% below what two-beds in Park Horizon - Tower 2 were fetching at the time (AED 2,011). Over the last 12 months two-beds sold for AED 1,957,057 to 2,850,000, around AED 2,600 per sqft, and rent for AED 100,000 to 195,000 a year. 1603's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Sep 20262,600,000
16 Sep 20262,600,000
10 Sep 20261,957,057
2 Sep 20262,800,000
18 2-bed sales in the last 12 months

Park Horizon - Tower 2

Building

62 apartments, 1-bed to 3-bed over 19 floors in Dubai Hills Estate, completed in 2026 by Dubai Hills Estate. 40 sold in the last 12 months.

Typical price per sqft
AED 2,543 Up 10.4%
Typical sale
AED 2.56M
Typical rent
AED 140K /yr
Typical yield
5.7%
Park Horizon - Tower 2, Dubai Hills Estate: prices, sales and rents →

1603, Park Horizon - Tower 2 in numbers

  • Sold twice: first on 19 January 2023 for AED 1,990,888, last on 15 April 2024 for AED 2,000,001 (AED 1,930 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 6.5%.
  • Two-beds in Park Horizon - Tower 2 sold for AED 1,957,057–2,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,543 per sqft.

Source: Dubai Land Department. Updated 16 May 2026.

Questions about 1603, Park Horizon - Tower 2

What did unit 1603 last sell for?

AED 2,000,001 on 15 April 2024: AED 1,930 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 1,990,888 in January 2023.

What is the rent for unit 1603?

AED 130,000 a year on the contract signed on 16 May 2026.

How big is unit 1603?

1,036 sqft (96.2 sqm): a two-bedroom apartment of a 19-storey tower completed in 2026.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Horizon - Tower 2 sold for AED 1,957,057 to 2,850,000 in the last 12 months, around AED 2,600 per sqft.

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Mortgage on 1603, Park Horizon - Tower 2

Starts from the last sale price (AED 2M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,001
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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