Park Lane - Building 1B
- Under construction · 33% built · handover Q4 2028
- Master developer Dubai Hills Estate
A 2 bed in Park Lane - Building 1B costs a median AED 2.45M.
2 bed · typical price
2.45MAED
AED 2,199/sqft
- vs Dubai Hills Estate
- 8% below the median
Cost to buy, all inAED 2.60M
- Price
- AED 2.45M
- DLD fee 4%
- AED 97,958
- Agent 2% + VAT
- AED 51,428
- Trustee
- AED 4,200
Is Park Lane - Building 1B a good investment?Prices are slipping and lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?All types: AED 2,362/sqft a year ago, 2,216 now-6.2%Watch
- How fast do fees pay back?AED 153,586 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 153,586
- Can I sell easily?11 sales in 12 months (5 the year before)11
- 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?Launch buyers still 2% down, before fees-2.3%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Park Lane - Building 1B prices and rents by unit typeA two-bed costs about AED 2.45M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Dubai Hills Estate · area median AED 2,386/sqft
- vs area median
- -7.9%
- Rank by price per sqft
- 51st of 66
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: May 2024, AED 2,435,978; latest, Aug 2026, AED 2,538,888; peak, Aug 2026, AED 2,538,888.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,216 · before fees
- Launch, 2024–26
- 2,267
- −2%
- 185 sales
- Previous 12 months
- 2,362
- −6%
- 5 sales
- Last 12 months
- 2,216
- today
- 11 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.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
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 Lane - Building 1B places 64th of 85; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Park Lane - Building 1B (AED 2,216/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Park Lane - Building 1B has registered sale prices 8% below the Dubai Hills Estate median price per square foot of 2,386 AED, across 66 eligible buildings. It ranks 51st of 66 by price per square foot 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 Lane towers
7 towers in Park Lane, at the bedroom type above.
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 2 bed. A median needs 3 rows; a dash with a count means fewer.
About Park Lane - Building 1B
Park Lane - Building 1B is an under-construction (33% built) apartment building by Dubai Hills Estate in Dubai Hills Estate. 197 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Dubai Hills Estate
Drive times · typical
- Downtown
- 20 min · 17 km
- DXB Airport
- 25 min · 32 km
- DIFC
- 16 min · 20 km
- Dubai Marina
- 12 min · 7.4 km
- Palm Jumeirah
- 18 min · 12 km
Nearest, as registered
- Metro
- First Abu Dhabi Bank Metro Station
- Mall
- Mall of the Emirates
- Landmark
- Burj Al Arab
Park Lane - Building 1B: AED 2,216 per sq ft, 7% below the median Dubai Hills Estate 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 Lane - Building 1BAED 2,216
- Dubai Hills Estate, readyAED 2,310
- Dubai Hills Estate, off-planAED 2,441
- Dubai, readyAED 1,421
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 Lane - Building 1B, on the mapPrices per sq ft around Park Lane - Building 1B, on the map
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
Golf Grand
Dubai Hills Estate · 48 sales, 12 months
2.17M
AED, resale median · 2,191/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 · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 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 Lane - Building 1B’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
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Park Lane - Building 1B?
- No gross yield is published for Park Lane - Building 1B as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 6 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Dubai Hills Estate median is 5.9% gross.
- How much does a 2 bedroom in Park Lane - Building 1B cost?
- The median registered sale price is AED 2.45M (2,199 AED/sqft), from 6 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How many apartments change hands in Park Lane - Building 1B?
- 6 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
- Which metro station is closest to Park Lane - Building 1B?
- First Abu Dhabi Bank Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Mall of the Emirates.
For agents
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Park Lane - Building 1B sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 6 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/dubai-hills-estate/park-lane-building-1b
Cite as: Dubai Wealth Index. “Park Lane - Building 1B sale prices and yield.” Dubai Hills Estate, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-hills-estate/park-lane-building-1b
Stable dataJSON