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Park Heights I

A 1 bed in Park Heights I costs a median AED 1.36M, rents long-let for AED 90,000/yr (6.43% gross), and returns 11.25% short-let at the assumed 80% occupancy — +0.1 pts vs Dubai Hills Estate's 6.31% and -0.6 pts vs Dubai's 6.98% — from 43 sales and 119 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
12 in 12 months
Rental contracts · 1 bed
56 in 12 months
Buy
1.36MAED
AED 2,118/sqft
Long-let
90,000AED
AED 139/sqft · 6.43%
Short-let
11.25%
AED 664/night · 1.03/sqft

Price per sqft: Median of 12 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread
+0.1 pts
vs the Dubai Hills Estate median for this unit type
Turnover upside
+5.9%
new tenants pay more than sitting ones — 86 renewals
AED/yr/sqft
AED 139
Sales
43
Rental contracts
119
Renewal rent
AED 85,000/yr
12 months
+0.0%
3 years
+12.5%+4.0%/yr

Based on 43 sales and 119 rental contracts in the last 24 months.

Park Heights I is an apartment building in Dubai Hills Estate, Dubai. The closest metro station is First Abu Dhabi Bank Metro Station, the nearest mall Mall of the Emirates and the nearest landmark Burj Al Arab. Land Department records for it run from 2017 to 2026, 912 registered sales in all — the 43 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 90,0001396.43%
+0.1 pts
119
2 bedAED 135,0001356.28%
+0.1 pts
66
3 bedAED 200,0001246.56%
+0.2 pts
23

Deltas compare each yield with the Dubai Hills Estate median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Park Heights I

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m6641.03AED 153,066AED 90,0001.7×11.25%31+
2 bed8220.79AED 185,301AED 135,0001.4×8.33%1+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.93 AED/night/sqft; latest Sep 2027, 0.91 AED/night/sqft; peak Jan 2027, 1.4 AED/night/sqft. 2 bed: first Oct 2026, 0.76 AED/night/sqft; latest Aug 2027, 0.7 AED/night/sqft; peak Dec 2026, 1.03 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Park Heights I itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

29 resales in the last 12 months, against 43 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
5 Aug 20262 bed1,076AED 2,050,0001,905
14 Jul 20263 bed1,610AED 2,900,0001,801
3 Jun 20261 bed646AED 1,360,0002,107
2 Jun 20261 bed646AED 1,350,0002,091

4 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
4 Sept 20262 bed1,089AED 135,000124Renewal
1 Sept 20263 bed1,610AED 208,000129Renewal
1 Sept 20261 bed646AED 80,000124Renewal
28 Aug 20261 bed646AED 90,000139New
27 Aug 20261 bed646AED 85,000132New
27 Aug 20262 bed959AED 108,000113New
25 Aug 20261 bed645AED 88,000136New
22 Aug 20263 bed1,610AED 170,000106New
21 Aug 20263 bed1,611AED 180,000112New
19 Aug 20263 bed1,610AED 220,000137New
18 Aug 20261 bed646AED 85,000132Renewal
14 Aug 20263 bed1,610AED 197,260123Renewal
14 Aug 20262 bed956AED 110,000115New
13 Aug 20262 bed957AED 105,000110New
7 Aug 20261 bed649AED 75,000116Renewal
6 Aug 20261 bed646AED 70,000108New
3 Aug 20262 bed956AED 130,000136New
2 Aug 20262 bed959AED 120,000125New
1 Aug 20262 bed957AED 119,700125Renewal
1 Aug 20262 bed957AED 110,000115New
28 Jul 20262 bed959AED 110,000115New
28 Jul 20262 bed956AED 135,000141Renewal
28 Jul 20261 bed646AED 90,000139New
27 Jul 20261 bed646AED 74,000115Renewal
25 Jul 20262 bed959AED 100,000104New
21 Jul 20262 bed957AED 122,000127Renewal
20 Jul 20262 bed1,075AED 120,000112New
20 Jul 20261 bed657AED 79,000120New
15 Jul 20262 bed1,089AED 120,449111Renewal
7 Jul 20261 bed645AED 79,080123Renewal
3 Jul 20261 bed649AED 77,000119Renewal
3 Jul 20262 bed957AED 125,000131New
1 Jul 20262 bed955AED 110,000115New
1 Jul 20262 bed956AED 115,000120New
27 Jun 20261 bed646AED 75,000116New
26 Jun 20262 bed957AED 100,000104New
25 Jun 20261 bed646AED 96,000149New
20 Jun 20263 bed1,610AED 216,000134Renewal
20 Jun 20262 bed1,089AED 125,000115New
15 Jun 20261 bed646AED 70,000108New
13 Jun 20261 bed646AED 79,121123Renewal
13 Jun 20262 bed959AED 110,000115New
12 Jun 20262 bed956AED 105,000110New
10 Jun 20261 bed646AED 80,000124New
10 Jun 20261 bed646AED 80,000124New
10 Jun 20261 bed646AED 80,000124New
5 Jun 20261 bed646AED 85,000132Renewal
1 Jun 20261 bed649AED 93,000143New
1 Jun 20261 bed657AED 68,835105Renewal
1 Jun 20261 bed646AED 82,000127Renewal
1 Jun 20263 bed1,610AED 173,937108Renewal
1 Jun 20261 bed646AED 85,000132Renewal
30 May 20261 bed646AED 80,000124New

53 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
20
Lifts
5
Parking bays
315
Swimming pools
1

Nearby

Metro
First Abu Dhabi Bank Metro Station
Mall
Mall of the Emirates
Landmark
Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Dubai Hills Estate, on the same figures over the same window.

Common questions

What is the rental yield in Park Heights I?
Park Heights I returns 6.43% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 119 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Park Heights I cost?
The median registered sale price is AED 1.36M (2,118 AED/sqft), from 43 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Park Heights I selling for right now?
Registered sales of ready units in Park Heights I over the last 12 months have a median of 2,118 AED/sqft, across 12 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Park Heights I risen or fallen?
Median price per square foot moved +0.3% over the last 12 months against the 12 before it, on 43 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Park Heights I compare with Dubai Hills Estate?
Its 6.43% gross yield sits +0.1 pts against the Dubai Hills Estate median of 6.31%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Park Heights I rental record

Record type
Building-level property market record
Data date
Evidence base
119 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/dubai-hills-estate/park-heights-i
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Park Heights I rents and yield.” Dubai Hills Estate, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-hills-estate/park-heights-i.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.