1-bed · 646 sqftPark Heights 1, Dubai Hills Estate · completed 2020

1007, Park Heights 1

Sold prices and rental history: sold twice, last in March 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 18 March 2025
Last soldAED 1.33M18 March 2025
Current rentAED 63K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Park Heights 1

What is 1007 worth today?

Last sold for AED 1,325,000 in 2025

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18 Mar 2025SoldReady
AED 1,325,000AED 2,052 per sqft
1 Jul 2024RentedRenewal
AED 63,250/yr12 months · AED 98 per sqft
1 Jul 2023RentedRenewal
AED 55,000/yr12 months · AED 85 per sqft
1 Jul 2022RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
5 Dec 2018Sold by developerOff-plan
AED 860,888AED 1,333 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2025.

Key facts

Type
1-bed apartment
Size
646 sqft
Parking
PH1-B-36
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 1.33M · March 2025

About 1007, Park Heights 1

1007 is a one-bedroom apartment of 646 sqft of Park Heights 1, a 18-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 18 March 2025 for AED 1,325,000, or AED 2,052 per sqft, in line with the AED 2,013 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 63,250 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Park Heights 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 863,888; 2018 AED 863,888; 2019 AED 864,070; 2020 AED 865,388; 2021 AED 750,000; 2022 AED 917,500; 2023 AED 1,111,000; 2024 AED 1,295,000; 2025 AED 1,375,000; 2026 AED 1,400,000Sold by developer, December 2018: AED 860,888 (AED 1,333 per sqft)Sold, March 2025: AED 1,325,000 (AED 2,052 per sqft)

1007 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Park Heights 1
50K75K2021202320252027Typical rent by year: 2021 AED 41,884; 2022 AED 48,000; 2023 AED 66,000; 2024 AED 80,000; 2025 AED 90,000; 2026 AED 90,000New contract, July 2022: AED 55,000 a yearRenewal, July 2023: AED 55,000 a yearRenewal, July 2024: AED 63,250 a year

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

1-beds in Park Heights 1, and where 1007 sits

All 136 1-beds →

1007 last sold in March 2025 at AED 2,052 per sqft, in line with what one-beds in Park Heights 1 were fetching at the time (AED 2,013). Over the last 12 months one-beds sold for AED 1,322,500 to 1,420,000, around AED 2,168 per sqft, and rent for AED 68,700 to 110,000 a year. 1007's AED 63,250 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20261,420,000
26 Jan 20261,400,000
9 Jan 20261,322,500
10 Jul 20251,430,000
5 1-bed sales in the last 12 months

Park Heights 1

Building

24 apartments, 1-bed to 3-bed over 18 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 2,121 Down 0.4%
Typical sale
AED 1.79M
Typical rent
AED 94K /yr
Typical yield
6.6%
Park Heights 1, Dubai Hills Estate: prices, sales and rents →

1007, Park Heights 1 in numbers

  • Sold twice: first on 5 December 2018 for AED 860,888, last on 18 March 2025 for AED 1,325,000 (AED 2,052 per sqft).
  • Rented since July 2022 on 3 Ejari contracts, from AED 55,000 to AED 63,250 a year.
  • At AED 63,250 a year the gross yield on the 2025 price is 4.8%, before a service charge of about AED 16,600 a year (AED 25.65 per sqft).
  • One-beds in Park Heights 1 sold for AED 1,322,500–1,420,000 in the 12 months to November 2026; the building's median across all types is AED 2,121 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2025.

Questions about 1007, Park Heights 1

What did unit 1007 last sell for?

AED 1,325,000 on 18 March 2025: AED 2,052 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 860,888 in December 2018.

What is the rent for unit 1007?

AED 63,250 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 55,000; the unit has been rented since July 2022.

How big is unit 1007?

646 sqft (60.0 sqm): a one-bedroom apartment of a 18-storey tower completed in 2020.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Heights 1 sold for AED 1,322,500 to 1,420,000 in the last 12 months, around AED 2,168 per sqft.

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Mortgage on 1007, Park Heights 1

Starts from the last sale price (AED 1.33M, 18 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

Plus AED 60,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →