2 bedroom, Park Heights 2 tower
Dubai, Dubai Hills Estate, Park Heights 2
Downtown
10-min drive
90 m²
Property area
2020
Construction year
6 out of 19
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
1 730 000 AED
$473 973 ($5 266/m²)
Rental yield: 6,54%
Price growth rate per year: 16%
TOTAL INVESTMENT AMOUNT: $528 017
TOTAL RENTAL YIELD PER YEAR: $52 603
EXPENSES PER YEAR: $18 823
NET RENTAL YIELD PER YEAR: $34 519
or 6,54%
- Unit price: $473 973
- Renovation price: $1 370
- Furnishings: $12 329
- Commission: $9 953
- DLD fee payment: $19 118
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Power of attorney: $822
- Manager cheque: $7 110
TOTAL RENTAL YIELD PER YEAR: $52 603
- Rent payments: $4 384 (per month) / $52 603 (per year)
EXPENSES PER YEAR: $18 823
- Service charge: $3 667
- Utilities: $1 973
- Internet: $1 266
- AC: $2 959
- AC maintenance: $329
- Management commission: $8 630
NET RENTAL YIELD PER YEAR: $34 519
or 6,54%
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Apartment in Dubai Hills, the new green neighborhood
Park Heights 2 is a residential 19 storey complex developed by the EMAAR in 2020. The building combines urban life and nature. A lot of green spaces and a lot of retail outlets, cafes, restaurants and recreational facilities around create a comfortable environment for living. The Park Heights project is located in the Dubai Hills Estate neighborhood, a new family district 10 minutes away from the downtown of Dubai with extensive infrastructure and convenient transport routes. There are recreational facilities, parks, playgrounds, jogging and cycling paths, outdoor gym and community swimming pools.
The neighborhood's main feature is an 18-hole championship golf course.
Key tower features:
Park Heights 2 is a residential 19 storey complex developed by the EMAAR in 2020. The building combines urban life and nature. A lot of green spaces and a lot of retail outlets, cafes, restaurants and recreational facilities around create a comfortable environment for living. The Park Heights project is located in the Dubai Hills Estate neighborhood, a new family district 10 minutes away from the downtown of Dubai with extensive infrastructure and convenient transport routes. There are recreational facilities, parks, playgrounds, jogging and cycling paths, outdoor gym and community swimming pools.
The neighborhood's main feature is an 18-hole championship golf course.
- 2 bedrooms
- 2 bathrooms
- Area: 90 sq. m.
- Floor 6 (out of 19)
- Balcony
- Unfurnished
- 1 parking place
- No mortgage
- Vacant in February 2024, notice served. Tenant now pays 65 000 AED/year.
Key tower features:
- New building in a green neighborhood
- Swimming pools
- Gym
- Parks, recreation areas and golf courses
- Stores and restaurants
- Gym
- Playground
- Common areas for meetings and work
Dubai Hills is Dubai's most eco-friendly neighborhood with premium class housing.
This district is a great place for families with children and fans of living a slow luxury life. The community has four schools, a huge park with playgrounds, volleyball field, tennis court, skate park, bike paths, swimming pools and areas with hammocks for relaxation.
Dubai Hills Infrastructure:
This district is a great place for families with children and fans of living a slow luxury life. The community has four schools, a huge park with playgrounds, volleyball field, tennis court, skate park, bike paths, swimming pools and areas with hammocks for relaxation.
Dubai Hills Infrastructure:
- 1,450,000 sqm of parks and open spaces
- Golf Academy, an 18-hole golf course
- 282,000 sqm shopping center
- Government hospital
- 3 schools
- 3 business centers
- Tennis Academy
- 2 planned metro lines
- 54 km bicycle route