4-bed · 1,919 sqftPark Residences Villas 1, Damac Hills · completed 2025

2F583F, Park Residences Villas 1

Sold prices and rental history: sold once, by the developer in March 2021, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 2F583F · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 1.89M14 March 2021
Current rentAED 140K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2F583F, Park Residences Villas 1

What is 2F583F worth today?

Last sold for AED 1,889,000 in 2021

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25 Aug 2024RentedRenewal
AED 140,000/yr12 months · AED 73 per sqft
14 Mar 2021Sold by developerOff-plan
AED 1,889,000AED 984 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2024.

Key facts

Type
4-bed villa
Size
1,919 sqft
Developer
DAMAC
Completed
2025
Last sold
AED 1.89M · March 2021

About 2F583F, Park Residences Villas 1

2F583F is a four-bedroom villa of 1,919 sqft in Park Residences Villas 1, a villa community in Damac Hills completed in 2025 by DAMAC. The developer sold it on 14 March 2021 for AED 1,889,000, or AED 984 per sqft, 6% below the AED 1,050 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 25 August 2024. The current contract, renewed on 25 August 2024, is AED 140,000 a year: a gross yield of 7.4% on the 2021 price.

Sales and rents for 2F583F over time

Sales
Villa 2F583F, each saleTypical four-bed in Park Residences Villas 1
2M4M2020202220242026Typical sale price by year: 2020 AED 2,167,000; 2021 AED 2,288,500; 2022 AED 2,083,000; 2023 AED 2,771,360; 2024 AED 3,300,000; 2025 AED 3,600,000; 2026 AED 4,100,000Sold by developer, March 2021: AED 1,889,000 (AED 984 per sqft)

2F583F has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa 2F583F, each contractTypical four-bed in Park Residences Villas 1
150K200K20232024202520262027Typical rent by year: 2023 AED 177,000; 2024 AED 230,000; 2025 AED 230,000; 2026 AED 220,000Renewal, August 2024: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Park Residences Villas 1, and where 2F583F sits

All 191 4-beds →

2F583F last sold in March 2021 at AED 984 per sqft, 6% below what four-beds in Park Residences Villas 1 were fetching at the time (AED 1,050). Over the last 12 months four-beds sold for AED 3,150,000 to 4,100,000, around AED 1,641 per sqft, and rent for AED 180,000 to 300,000 a year. 2F583F's AED 140,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
4 Feb 20264,100,000
23 Jan 20264,000,000
15 Jan 20264,100,000
21 Nov 20253,150,000
5 4-bed sales in the last 12 months

Park Residences Villas 1

Community

347 villas, 3-bed to 6-bed in Damac Hills, completed in 2025 by DAMAC. 13 sold in the last 12 months.

Typical price per sqft
AED 1,490 Down 11.6%
Typical sale
AED 3.1M
Typical rent
AED 209K /yr
Typical yield
6.7%
Park Residences Villas 1, Damac Hills: prices, sales and rents →

2F583F, Park Residences Villas 1 in numbers

  • Sold once: by DAMAC on 14 March 2021 for AED 1,889,000, or AED 984 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 7.4%.
  • Four-beds in Park Residences Villas 1 sold for AED 3,150,000–4,100,000 in the 12 months to November 2026; the community's median across all types is AED 1,490 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2024.

Questions about 2F583F, Park Residences Villas 1

What did villa 2F583F last sell for?

AED 1,889,000 on 14 March 2021, sold by the developer: AED 984 per sqft for 1,919 sqft. It is the only registered sale of the villa.

What is the rent for villa 2F583F?

AED 140,000 a year on the contract renewed on 25 August 2024.

How big is villa 2F583F?

1,919 sqft (178.3 sqm): a four-bedroom villa in Park Residences Villas 1, completed in 2025.

What is villa 2F583F worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Park Residences Villas 1 sold for AED 3,150,000 to 4,100,000 in the last 12 months, around AED 1,641 per sqft.

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Mortgage on 2F583F, Park Residences Villas 1

Starts from the last sale price (AED 1.89M, 14 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,889,000
Deposit, UAE resident (20%)
AED 377,800
Deposit, non-resident (40%)
AED 755,600
Monthly over 25 years at 3.7%
AED 7,728

Plus AED 84,348 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →