Park Heights II T2
A 1 bed in Park Heights II T2 costs a median AED 1.38M, rents long-let for AED 88,000/yr (6.62% gross), and returns 10.28% short-let at the assumed 80% occupancy — +0.3 pts vs Dubai Hills Estate's 6.31% and -0.4 pts vs Dubai's 6.98% — from 29 sales and 207 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 10 in 12 months
- Rental contracts · 1 bed
- 95 in 12 months
- Buy
- 1.38MAED
- AED 2,160/sqft
- Long-let
- 88,000AED
- AED 136/sqft · 6.62%
- Short-let
- 10.28%
- AED 617/night · 0.96/sqft
Price per sqft: Median of 10 registered sales of ready units in the last 12 months, most recent July 2026.
Priced off 3 sales in the last 3 months.
- Yield spread
- +0.3 pts
- vs the Dubai Hills Estate median for this unit type
- Turnover upside
- +4.8%
- new tenants pay more than sitting ones — 193 renewals
- AED/yr/sqft
- AED 136
- Sales
- 29
- Rental contracts
- 207
- Renewal rent
- AED 84,000/yr
- 12 months
- +1.4%
- 3 years
- +11.6%+3.7%/yr
Based on 29 sales and 207 rental contracts in the last 24 months. Rental data covers the whole Park Heights II project, not this tower alone.
Park Heights II T2 is an apartment building in Dubai Hills Estate, Dubai, one of the towers in the Park Heights II development. 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, 924 registered sales in all — the 29 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in Park Heights II T2, by year.
Chart data: Oct 2020, 76 AED/yr/sqft; latest, Aug 2026, 117 AED/yr/sqft; peak, Jan 2026, 142 AED/yr/sqft.
Rents by bedroom type
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
Short-let rates around Park Heights II T2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.89 AED/night/sqft; latest Sep 2027, 0.91 AED/night/sqft; peak Mar 2027, 1.26 AED/night/sqft. 2 bed: first Oct 2026, 0.76 AED/night/sqft; latest Aug 2027, 0.79 AED/night/sqft; peak Dec 2026, 1.07 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
28 resales in the last 12 months, against 42 a year on average over 2023–2025.
Sales
8 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
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 Park Heights II, on the same figures over the same window.
- Highest rental yields in Dubai Hills Estate · Park Heights II T2 places 25th of 42
- Park Heights II T1 · 8.20%
- Park Ridge Tower C · 5.90%
- Executive Residences 2 · 5.58%
- Executive Residences · 5.45%
- Collective Tower 1 · 7.88%
- Collective Tower 2 · 7.88%
- Collective 2.0 Tower B
- Collective 2.0 Tower A · 7.31%
Common questions
- What is the rental yield in Park Heights II T2?
- Park Heights II T2 returns 6.62% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 207 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Park Heights II T2 cost?
- The median registered sale price is AED 1.38M (2,142 AED/sqft), from 29 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Park Heights II T2 selling for right now?
- Registered sales of ready units in Park Heights II T2 over the last 12 months have a median of 2,160 AED/sqft, across 10 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 II T2 risen or fallen?
- Median price per square foot moved +1.4% over the last 12 months against the 12 before it, on 29 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Park Heights II T2 compare with Dubai Hills Estate?
- Its 6.62% gross yield sits +0.3 pts against the Dubai Hills Estate median of 6.31%, computed at the same bedroom grain over the same 24-month window.
Park Heights II T2 rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 207 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-ii-t2
Cite as: Dubai Wealth Index. “Park Heights II T2 rents and yield.” Dubai Hills Estate, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-hills-estate/park-heights-ii-t2.
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.