Park Heights 1, Hadaeq Sheikh Mohammed Bin Rashid

Park Heights 1 is a mixed-use building in Hadaeq Sheikh Mohammed Bin Rashid, Dubai, developed by Emaar. It holds about 281 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units. Depending on the unit, windows look out over Burj Khalifa.

The building was completed in 2020 and has been in use for about 6 years. 26 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,090 per sq ft.

Park Heights 1 is one of 142 buildings in Hadaeq Sheikh Mohammed Bin Rashid: 73 are complete and 49 are still being built.

• A mixed-use ready building
• Located in Hadaeq Sheikh Mohammed Bin Rashid, Dubai
• Developed by Emaar
• Completed in Q3 2020
• Unit types: 1 Bed, 2 Beds, 3 Beds, Commercial
• Sizes from 110 to 2,360 sq ft
• Views: Burj Khalifa
• Service charge from AED 16.75 per sq ft
• First Gulf Bank metro station 4.3 km away

Status

Ready

Developer

Emaar

Location

Hadaeq Sheikh Mohammed Bin Rashid, Dubai

Completed

Q3 2020

Unit types

1 Bed, 2 Beds, 3 Beds, Commercial

Prices from

AED 846.0K

Median price per sq ft

AED 2,090

Median gross yield

6.5%

Service charge

AED 20.62 per sq ft (2026)

Nearest metro

Dubai Hills, 2.7 km

Price ranges from the most recent registered sales, by unit type:

• 1-bedroom apartments: AED 1.3M to AED 1.5M (646 sq ft), across 8 sales
• 2-bedroom apartments: AED 2.0M to AED 2.3M (955 to 1,089 sq ft), across 7 sales
• 3-bedroom apartments: AED 1.6M to AED 3.2M (1,610 to 1,611 sq ft), across 5 sales

1-bedroom homes in Park Heights 1 were let for AED 70.0K to AED 85.0K a year across 6 recent contracts, with a median of AED 77.5K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 70.0K to AED 85.0K a year (646 to 657 sq ft), across 6 contracts
• 2-bedroom apartments: AED 121.7K to AED 145.0K a year (955 to 957 sq ft), across 4 contracts

Every sale in Park Heights 1Every rent contract in Park Heights 1

The 2026 service charge in Park Heights 1 is AED 20.62 per sq ft for homes, AED 16.75 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Park Heights 1 is First Gulf Bank (red line, 4.3 km, about 11 min drive), then Noor Islamic Bank (red line, 4.9 km, about 12 min drive). Stations planned on new lines nearby include Dubai Hills (golden line, 2.7 km, about 7 min drive) and Nad Al Sheba (golden line, 5.3 km, about 13 min drive). Most residents will drive or take a taxi to the metro.

• Dubai HillsGolden line · 2.7 km · about 7 min drive
• First Gulf BankRed line · 4.3 km · about 11 min drive
• Noor Islamic BankRed line · 4.9 km · about 12 min drive
• Mall of the EmiratesRed line · 5.1 km · about 12 min drive
• Nad Al ShebaGolden line · 5.3 km · about 13 min drive
• Sharaf DGRed line · 5.9 km · about 14 min drive

The closest is Grand Mall, 3.6 km from Park Heights 1 (about 9 min drive).

• Grand MallShopping Mall · 3.6 km · about 9 min drive
• Al Khail MallShopping Mall · 3.6 km · about 9 min drive
• Lulu Hypermarket / Al Barsha (Behind Mall of Emirates)Supermarket · 4.2 km · about 10 min drive
• Mall of The EmiratesShopping Mall · 5 km · about 12 min drive
• Oasis CenterShopping Mall · 6.5 km · about 15 min drive

The closest is Ramada Chelsea Al Barsha Hotel, 4.5 km from Park Heights 1 (about 11 min drive).

• Ramada Chelsea Al Barsha HotelHotel · 4.5 km · about 11 min drive
• Corp Executive Hotel ApartmentHotel · 4.5 km · about 11 min drive
• Grand Excelsior HotelHotel · 4.6 km · about 11 min drive
• Najd Hotel ApartmentsHotel · 4.8 km · about 12 min drive
• Holiday Inn DubaiHotel · 5 km · about 12 min drive

The closest is Dr. Moopen'S Al Quoz Medical Centre, 3.4 km from Park Heights 1 (about 9 min drive).

• Dr. Moopen'S Al Quoz Medical CentreHospital · 3.4 km · about 9 min drive
• Holistic Healing Medical CentreHospital · 5.4 km · about 13 min drive
• Specialist Medical CentreHospital · 5.5 km · about 13 min drive
• Umm Suqueim Dubai Municipality CenterHospital · 6.4 km · about 15 min drive
• Dubai London Clinic DubaiHospital · 6.5 km · about 15 min drive

The closest is Al Quoz Pond Park, 5.8 km from Park Heights 1 (about 14 min drive).

• Al Quoz Pond ParkPark · 5.8 km · about 14 min drive
• Falcon Centre and Cultural SportsSports Academy · 5.8 km · about 14 min drive
• Falcon Heritage and Sports CentreSports Academy · 5.9 km · about 14 min drive
• Meydan Tennis AcademySports Academy · 6.5 km · about 15 min drive
• Dubai Bowling CentreSports Academy · 6.6 km · about 15 min drive

The nearest is GEMS New Millennium School L.L.C, 0.9 km away. Ratings are the KHDA's latest inspection grades.

• GEMS New Millennium School L.L.CUK - Indian · KHDA: Very good · 0.9 km
• GEMS International School Al Khail L.L.CInternational Baccalaureate · KHDA: Good · 1 km
• GEMS Wellington Academy Al Khail L.L.CUK · KHDA: Very good · 1.1 km
• Kings School Al Barsha L.L.CUK · KHDA: Outstanding · 1.8 km
• Ambassador International Academy L.L.CInternational Baccalaureate - UK* - UK/IB · KHDA: Good · 3.2 km
• Oak Tree Primary SchoolUK · KHDA: Not inspected due to COVID 19 · 3.7 km

Hadaeq Sheikh Mohammed Bin Rashid has 142 buildings. A few others to compare Park Heights 1 with:

• Ready

  399 Hills Park B

  Hadaeq Sheikh Mohammed Bin Rashid · National Properties

  Completed 2026

• Ready

  Acacia At Park Heights Building A

  Hadaeq Sheikh Mohammed Bin Rashid · Emaar

  Completed 2020

• Ready

  Acacia At Park Heights Building B

  Hadaeq Sheikh Mohammed Bin Rashid · Emaar

  Completed 2020

• Ready

  Acacia At Park Heights Building C

  Hadaeq Sheikh Mohammed Bin Rashid · Emaar

  Completed 2020

• Ready

  Address Hillcrest

  Hadaeq Sheikh Mohammed Bin Rashid · Emaar

  Completed 2025

• Off-plan

  Address Residences Dubai Hills Estate Tower A

  Hadaeq Sheikh Mohammed Bin Rashid · Emaar

  Handover 28 Feb 2029 · 27% built