Dubai Land Department Off-Plan Register

Park Heights Ii T1 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

255 developer launch sales registered at Park Heights Ii T1 between Jul 2017 and Nov 2020: 100% apartments, most commonly 1-bed units, typically around 658 sqft.

Launch sales
255
DLD off-plan registrations, all time
Median launch /sqft
AED 1,321
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 700,0002,188,888
Min – max registered

Bed mix: 1-bed 57% · 2-bed 35% · 3-bed 8%.

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 Ii T1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2017 Q3173AED 1,321
2017 Q416AED 1,319
2018 Q112AED 1,304
2018 Q214AED 1,323
2018 Q36AED 1,238
2018 Q46AED 1,331
2019 Q18AED 1,332
2019 Q23AED 1,268
2019 Q32AED 1,273
2019 Q44AED 1,357
2020 Q15AED 1,358
2020 Q25AED 1,330
2020 Q41AED 1,357
Two different markets

Launch vs Resale

Park Heights Ii T1 also has 164 ready-market resales registered with the DLD, the first on 19 January 2021 - 42 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
164
59 in the last 2 years
Resale median /sqft
AED 2,115
last 2 years
Resale vs launch
+60%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Park Heights Ii T1 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
645 sqft · 25 November 2020
AED 875,888
AED 1,357 /sqft
Apartment · 2 Bed
957 sqft · 25 June 2020
AED 1,228,888
AED 1,284 /sqft
Apartment · 1 Bed
645 sqft · 10 June 2020
AED 883,888
AED 1,370 /sqft
Apartment · 3 Bed
1,607 sqft · 21 April 2020
AED 2,164,888
AED 1,347 /sqft
Apartment · 3 Bed
1,603 sqft · 20 April 2020
AED 2,058,888
AED 1,284 /sqft

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

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Off-plan in Dubai Hills Estate

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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