Dubai Land Department Off-Plan Register

Park Heights I Launch Prices

Off-plan in Dubai Hills Estate · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

241 developer launch sales registered at Park Heights I between Jul 2017 and Aug 2024: 100% apartments, most commonly 1-bed units, typically around 644 sqft.

Launch sales
241
DLD off-plan registrations, all time
Median launch /sqft
AED 1,324
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 700,0002,160,888
Min – max registered

Bed mix: 1-bed 59% · 2-bed 35% · 3-bed 6%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Park Heights I, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2017 Q370AED 1,319
2017 Q411AED 1,321
2018 Q115AED 1,335
2018 Q252AED 1,333
2018 Q311AED 1,330
2018 Q425AED 1,328
2019 Q122AED 1,321
2019 Q23AED 1,316
2019 Q315AED 1,323
2019 Q47AED 1,336
2020 Q13AED 1,357
2020 Q23AED 1,339
2020 Q31AED 1,332
2020 Q42AED 1,346
2024 Q31AED 1,313
Two different markets

Launch vs Resale

Park Heights I also has 146 ready-market resales registered with the DLD, the first on 19 November 2021 - 52 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
146
71 in the last 2 years
Resale median /sqft
AED 2,091
last 2 years
Resale vs launch
+58%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Park Heights I →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
646 sqft · 15 August 2024
AED 847,888
AED 1,313 /sqft
Apartment · 1 Bed
646 sqft · 25 November 2020
AED 871,888
AED 1,350 /sqft
Apartment · 3 Bed
1,611 sqft · 24 November 2020
AED 2,160,888
AED 1,341 /sqft
Apartment · 1 Bed
643 sqft · 2 September 2020
AED 855,888
AED 1,332 /sqft
Apartment · 2 Bed
1,084 sqft · 29 June 2020
AED 1,281,888
AED 1,183 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Compare this project with every other off-plan launch registered in Dubai Hills Estate, or see the community's resale market.

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