2-bed · 1,051 sqftPark Point A, Dubai Hills Estate · 6th floor · completed 2020

606, Park Point A

Sold prices and rental history: sold twice, last in May 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 1.7M23 May 2023
Current rentAED 77K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Park Point A

What is 606 worth today?

Last sold for AED 1,700,000 in 2023

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23 May 2023SoldReady
AED 1,700,000AED 1,616 per sqft
1 May 2023RentedRenewal
AED 77,482/yr5 months · AED 73 per sqft
1 May 2022RentedRenewal
AED 77,000/yr12 months · AED 73 per sqft
1 May 2021RentedNew contract
AED 77,000/yr12 months · AED 73 per sqft
4 Nov 2018Sold by developerOff-plan
AED 1,475,888AED 1,430 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 May 2023.

Key facts

Type
2-bed apartment
Size
1,051 sqft
Floor
6th of 9
Parking
G115
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 1.7M · May 2023
Building
Park Point A

About 606, Park Point A

606 is a two-bedroom apartment of 1,051 sqft on the 6th floor of Park Point A, a 9-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 23 May 2023 for AED 1,700,000, or AED 1,616 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 77,482 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 22,100 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Park Point A
1.5M2M2.5M2016201920222025Typical sale price by year: 2016 AED 1,411,388; 2017 AED 1,409,888; 2021 AED 1,958,354; 2024 AED 2,375,000Sold by developer, November 2018: AED 1,475,888 (AED 1,430 per sqft)Sold, May 2023: AED 1,700,000 (AED 1,616 per sqft)

606 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 606, each contractTypical two-bed in Park Point A
100K200K2021202320252027Typical rent by year: 2021 AED 76,000; 2022 AED 83,500; 2023 AED 90,000; 2024 AED 139,500; 2025 AED 205,000; 2026 AED 189,000New contract, May 2021: AED 77,000 a yearRenewal, May 2022: AED 77,000 a yearRenewal, May 2023: AED 77,482 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Park Point A, and where 606 sits

All 17 2-beds →

Over the last 12 months two-beds sold for AED 2,500,000, around AED 2,382 per sqft, and rent for AED 189,000 to 220,000 a year. 606's AED 77,482 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jan 20262,500,000
14 Apr 20252,057,200
7 Jan 20252,800,000
11 Dec 20242,800,000
1 2-bed sale in the last 12 months

Park Point A

Building

51 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%
Park Point A, Dubai Hills Estate: prices, sales and rents →

Other units on the 6th floor

All 51 units in Park Point A
Value
6011-bedAED 1.25M · Mar 2024
6022-bedAED 2.02M · Dec 2021
6033-bedAED 2.1M · Sep 2021
6041-bedAED 847K · Feb 2019
6051-bedAED 813K · Nov 2021

606, Park Point A in numbers

  • Sold twice: first on 4 November 2018 for AED 1,475,888, last on 23 May 2023 for AED 1,700,000 (AED 1,616 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 77,000 to AED 77,482 a year.
  • At AED 77,482 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 22,100 a year (AED 21.01 per sqft).
  • Two-beds in Park Point A sold for AED 2,500,000–2,500,000 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 23 May 2023.

Questions about 606, Park Point A

What did unit 606 last sell for?

AED 1,700,000 on 23 May 2023: AED 1,616 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 1,475,888 in November 2018.

What is the rent for unit 606?

AED 77,482 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 77,000; the unit has been rented since May 2021.

How big is unit 606?

1,051 sqft (97.6 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2020.

What is unit 606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Point A sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 2,382 per sqft.

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Mortgage on 606, Park Point A

Starts from the last sale price (AED 1.7M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →