2-bed · 1,052 sqftPark Point A, Dubai Hills Estate · 9th floor · completed 2020

905, Park Point A

Sold prices and rental history: sold once, by the developer in June 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 1.53M15 June 2021
Current rentAED 135K /yr29 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Park Point A

What is 905 worth today?

Last sold for AED 1,525,888 in 2021

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29 Aug 2024RentedRenewal
AED 135,000/yr12 months · AED 128 per sqft
29 Aug 2023RentedRenewal
AED 85,000/yr12 months · AED 81 per sqft
29 Aug 2021RentedNew contract
AED 72,000/yr12 months · AED 68 per sqft
15 Jun 2021Sold by developerReady
AED 1,525,888AED 1,450 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2024.

Key facts

Type
2-bed apartment
Size
1,052 sqft
Floor
9th of 9
Parking
P136
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 1.53M · June 2021
Building
Park Point A

About 905, Park Point A

905 is a two-bedroom apartment of 1,052 sqft on the 9th 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 15 June 2021 for AED 1,525,888, or AED 1,450 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 29 August 2024, is AED 135,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 22,100 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, June 2021: AED 1,525,888 (AED 1,450 per sqft)

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

Rents
Unit 905, 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, August 2021: AED 72,000 a yearRenewal, August 2023: AED 85,000 a yearRenewal, August 2024: AED 135,000 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 905 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. 905's AED 135,000 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 9th floor

All 51 units in Park Point A
Value
9011-bedAED 932K · Jan 2017
9022-bedAED 2.8M · Dec 2024
9031-bedAED 899K · Feb 2022
9041-bedAED 1.2M · Jul 2023

905, Park Point A in numbers

  • Sold once: by Dubai Hills Estate on 15 June 2021 for AED 1,525,888, or AED 1,450 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 72,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 8.8%, 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 29 August 2024.

Questions about 905, Park Point A

What did unit 905 last sell for?

AED 1,525,888 on 15 June 2021, sold by the developer: AED 1,450 per sqft for 1,052 sqft. It is the only registered sale of the unit.

What is the rent for unit 905?

AED 135,000 a year on the contract renewed on 29 August 2024. The previous contract, from August 2023, was AED 85,000; the unit has been rented since August 2021.

How big is unit 905?

1,052 sqft (97.7 sqm): a two-bedroom apartment on the 9th floor of a 9-storey tower completed in 2020.

What is unit 905 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 905, Park Point A

Starts from the last sale price (AED 1.53M, 15 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,888
Deposit, UAE resident (20%)
AED 305,178
Deposit, non-resident (40%)
AED 610,355
Monthly over 25 years at 3.7%
AED 6,243

Plus AED 69,098 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →