Park Heights II T1
- Completed 2020
- Master developer Dubai Hills Estate
A 1 bed in Park Heights II T1 costs a median AED 1.36M, rents long-let for AED 86,000/yr (6.3% gross), and returns 8.9% short-term at the assumed 70% occupancy.
1 bed · typical price
1.36MAED
AED 2,115/sqft · -2.5% on a year
- Rent a year
- AED 86,000
- Yield after service charge
- 5.3%
- vs Dubai Hills Estate
- 10% below the median
Cost to buy, all inAED 1.45M
- Price
- AED 1.36M
- DLD fee 4%
- AED 54,600
- Agent 2% + VAT
- AED 28,665
- Trustee
- AED 4,200
Fees repaid by net rent14 months
Is Park Heights II T1 a good investment?Lots of new supply is coming
- Does it pay a good rent?6.3% gross, 5.3% after the service charge (Dubai median 6.8%)6.3%Fair
- Are rents going up?New 1 bed leases: AED 88,000 a year ago, AED 86,000 now (pooled across the project)-2.3%
- Are prices going up?1 bed: AED 2,170/sqft a year ago, 2,115 now-2.5%Fair
- How fast do fees pay back?AED 87,465 in fees to buy a 1 bed; net rent covers it in 1.2 years1.2 yrsFair
- Can I sell easily?21 sales in 12 months (37 the year before)21
- Is a lot being built nearby?3,559 apartments are planned in Dubai Hills Estate from 2026 to 2028, equal to 73% of the 4,869 homes let there today. Dubai Hills Estate supply by year →73%Watch
- Did earlier buyers gain?Up 83% for buyers 5 years ago; up 58% for launch buyers, before fees+83.3%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Park Heights II T1 prices and rents by unit typeA one-bed costs about AED 1.36M and rents for about AED 86,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Dubai Hills Estate · area median AED 2,362/sqft
- 12-month change
- -2.5%
- 3 years
- +32.0% · +9.7%/yr
- 5 years
- +85.3% · +13.1%/yr
- vs area median
- -10.5%
- Rank by price per sqft
- 56th of 66
- Off-plan price gain, 2017–2020
- +58.6% · +6.3%/yr
Rental income
1 bed · Dubai Hills Estate
- Gross yield
- 6.3%
- Median new rent
- AED 86,000/yr
- Yield vs area median
- +0.1 pts
- Yield vs Dubai (6.8%)
- -0.5 pts
- Yield rank
- 12th of 32
- Renewal rent
- AED 85,000/yr
Short-term income
1 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 613
- Net revenue
- AED 121,522/yr
- vs long-let rent
- 1.4×
- Listings seen
- 37+
Read with care
- Rental data covers the whole Park Heights II project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Jul 2017, AED 865,138; latest, Aug 2026, AED 1,265,000; peak, Dec 2025, AED 1,470,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,092 · before fees
- Launch, 2017–20
- 1,321
- +58%
- 218 sales
- 5 years ago
- 1,141
- +83%
- 22 sales
- 3 years ago
- 1,602
- +31%
- 49 sales
- Previous 12 months
- 2,133
- −2%
- 37 sales
- Last 12 months
- 2,092
- today
- 21 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
21 resales in the last 12 months, against 45 a year on average over 2023–2025.
21 resales in the last 12 months.
Short-term rates around Park Heights II T1
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Hills Estate
Every Dubai Hills Estate building with a page, ranked by price per sqft over the same 12 months, all unit types. Park Heights II T1 places 75th of 85; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Park Heights II T1 (AED 2,092/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Park Heights II T1 has registered sale prices 10% below the Dubai Hills Estate median price per square foot of 2,362 AED, across 66 eligible buildings. It ranks 56th of 66 by price per square foot and 12th of 32 by gross yield in Dubai Hills Estate.
Market context in Dubai Hills Estate
Registered sales activity
916 ready apartment sales in the 12 months to 2026-10-12.
+2.3% in median AED/sqft versus the preceding year, supported by 916 current and 1,057 prior price observations.
Explore sales activityPlanned apartment projects
507 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,559 apartments are planned in Dubai Hills Estate from 2026 to 2028, equal to 73% of the 4,869 homes let there today.
Ready prices per sqft fell in 53% of 40 buildings (counted once per bedroom type) in Dubai Hills Estate with sales in both years; the typical one moved −0.4%.
New-lease rents fell in 100% of 10 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Park Heights II towers
2 towers in Park Heights II, at the bedroom type above.
Ejari files Park Heights II’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Dubai Hills Estate: every development at this typeDubai Hills Estate: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer.
About Park Heights II T1
Park Heights II T1 is an apartment building completed in 2020 by Dubai Hills Estate in Dubai Hills Estate. 470 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 20.78/sqft a year · 2026 budget
- Master developer
- Dubai Hills Estate
Drive times · typical
- Downtown
- 17 min · 13 km
- DXB Airport
- 18 min · 22 km
- DIFC
- 14 min · 17 km
- Dubai Marina
- 17 min · 16 km
- Palm Jumeirah
- 24 min · 22 km
Nearest, as registered
- Metro
- First Abu Dhabi Bank Metro Station
- Mall
- Mall of the Emirates
- Landmark
- Burj Al Arab
Park Heights II T1: AED 2,092 per sq ft, 12% below the median Dubai Hills Estate building, and a 5.8% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Park Heights II T1AED 2,092
- Dubai Hills Estate, readyAED 2,310
- Dubai Hills Estate, off-planAED 2,441
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Park Heights II T1Dubai Hills Estate median building
- Dubai Hills Estate5.8% vs 5.8%
More from Dubai Hills Estate
Palace Residences Hillside A
Dubai Hills Estate · 345 sales, 12 months
2.57M
AED, resale median · 2,594/sqft
Rosehill Block A
Dubai Hills Estate · 78 sales, 12 months
3.31M
AED, resale median · 2,277/sqft
Vida Residences Hillside Tower A
Dubai Hills Estate · 65 sales, 12 months
3.23M
AED, resale median · 2,444/sqft
Lime Gardens
Dubai Hills Estate · 59 sales, 12 months
2.52M
AED, resale median · 2,656/sqft
Nearby in Dubai Hills Estate
Prices per sq ft around Park Heights II T1, on the mapPrices per sq ft around Park Heights II T1, on the map
Park Heights II T2
Dubai Hills Estate · 29 sales, 12 months
2.08M
AED, resale median · 2,115/sqft
Lime Gardens
Dubai Hills Estate · 59 sales, 12 months
2.52M
AED, resale median · 2,656/sqft
Hills Park
Dubai Hills Estate · 55 sales, 12 months
1.55M
AED, resale median · 2,229/sqft
Ellington House
Dubai Hills Estate · 49 sales, 12 months
2.39M
AED, resale median · 2,528/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeAED 20.78/sqft a year, 2026 owners-association budget; 5.3% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Park Heights II T1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 6,070AED
- 4.5% over 25 years
- Monthly rent
- 7,167AED
- AED 86,000 a year
- Cash needed at purchase
- 377,115AED
- 20% down plus AED 104,115 in fees
Owning costs AED 306,644 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Park Heights II T1?
- Park Heights II T1 returns 6.3% gross: a median new-contract rent of AED 86,000 a year (90 Ejari contracts in 12 months) over a price benchmark of AED 1.36M (median of 11 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Park Heights II T1 cost?
- The median registered sale price is AED 1.36M (2,115 AED/sqft), from 11 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Park Heights II T1 selling for right now?
- Registered sales of ready units in Park Heights II T1 over the last 12 months have a median of 2,115 AED/sqft, across 11 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Park Heights II T1 risen or fallen?
- Median price per square foot moved -2.5% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Park Heights II T1 compare with Dubai Hills Estate?
- Its 6.3% gross yield sits +0.1 pts against the Dubai Hills Estate median of 6.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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Park Heights II T1 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 11 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/dubai-hills-estate/park-heights-ii-t1
Cite as: Dubai Wealth Index. “Park Heights II T1 sale prices and yield.” Dubai Hills Estate, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-hills-estate/park-heights-ii-t1
Stable dataJSON