505, Park Point A
Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Park Point A
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 684 sqft
- Floor
- 5th of 9
- Parking
- P146
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 14,400 /yr
- Last sold
- AED 886K · February 2017
- Building
- Park Point A
About 505, Park Point A
505 is a one-bedroom apartment of 684 sqft on the 5th floor of Park Point A, a 9-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. The developer sold it on 23 February 2017 for AED 885,888, or AED 1,294 per sqft, in line with the AED 1,329 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 July 2024, is AED 95,000 a year: a gross yield of 10.7% on the 2017 price, before the service charge of about AED 14,400 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Point A, and where 505 sits
All 24 1-beds →505 last sold in February 2017 at AED 1,294 per sqft, in line with what one-beds in Park Point A were fetching at the time (AED 1,329). Over the last 12 months one-beds sold for AED 50,990, around AED 74 per sqft, and rent for AED 100,000 to 100,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 684 sqft | 50,990 | 74 | ||
| 16 Apr 202516 April 2025 | 672 sqft | 1,600,000 | 2,382 | ||
| 3 Mar 20253 March 2025 | 656 sqft | 1,385,000 | 2,112 | ||
| 20 Aug 202420 August 2024 | 684 sqft | 1,354,000 | 1,978 |
Park Point A
Building51 apartments, 1-bed to 3-bed over 9 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,382
- Typical sale
- AED 2.5M
- Typical rent
- AED 189K /yr
- Typical yield
- 6.0%
Other units on the 5th floor
All 51 units in Park Point A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 671 sqft | AED 900KAED 900,000 · Nov 2021November 2021 | ||
| 502 | 2-bed | 1,378 sqft | AED 1.93MAED 1,934,415 · Oct 2021October 2021 | ||
| 503 | 3-bed | 1,583 sqft | AED 2.16MAED 2,164,888 · Feb 2019February 2019 | 280,000 /yr | |
| 504 | 1-bed | 637 sqft | AED 842KAED 841,888 · Feb 2017February 2017 | 90,000 /yr | |
| 506 | 2-bed | 1,049 sqft | AED 1.3MAED 1,300,000 · Feb 2022February 2022 | 168,000 /yr |
505, Park Point A in numbers
- Sold once: by Dubai Hills Estate on 23 February 2017 for AED 885,888, or AED 1,294 per sqft.
- Rented since May 2021 on 2 Ejari contracts, from AED 47,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2017 price is 10.7%, before a service charge of about AED 14,400 a year (AED 21.01 per sqft).
- One-beds in Park Point A sold for AED 50,990–50,990 in the 12 months to November 2026; the building's median across all types is AED 2,382 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.
Questions about 505, Park Point A
What did unit 505 last sell for?
AED 885,888 on 23 February 2017, sold by the developer: AED 1,294 per sqft for 684 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 95,000 a year on the contract signed on 1 July 2024. The previous contract, from May 2021, was AED 47,000.
How big is unit 505?
684 sqft (63.5 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2020.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Point A sold for AED 50,990 to 50,990 in the last 12 months, around AED 74 per sqft.
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Mortgage on 505, Park Point A
Starts from the last sale price (AED 886K, 23 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 885,888
- Deposit, UAE resident (20%)
- AED 177,178
- Deposit, non-resident (40%)
- AED 354,355
- Monthly over 25 years at 3.7%
- AED 3,624
Plus AED 42,218 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →