2-bed · 1,019 sqftPark Point B, Dubai Hills Estate · 2nd floor · completed 2020

203, Park Point B

Sold prices and rental history: sold twice, last in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 2.6M4 November 2024
Current rentAED 90K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Park Point B

What is 203 worth today?

Last sold for AED 2,600,000 in 2024

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4 Nov 2024SoldReady
AED 2,600,000AED 2,550 per sqft
1 Nov 2022RentedRenewal
AED 90,000/yr9 months · AED 88 per sqft
1 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 88 per sqft
20 Oct 2019Sold by developerOff-plan
AED 1,380,711AED 1,354 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2024.

Key facts

Type
2-bed apartment
Size
1,019 sqft
Floor
2nd of 8
Parking
G110
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 21,400 /yr
Last sold
AED 2.6M · November 2024
Building
Park Point B

About 203, Park Point B

203 is a two-bedroom apartment of 1,019 sqft on the 2nd floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 4 November 2024 for AED 2,600,000, or AED 2,550 per sqft, 24% above the AED 2,060 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 90,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 21,400 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Park Point B
2M2018202020222024Typical sale price by year: 2018 AED 1,324,888; 2019 AED 1,380,711; 2020 AED 1,329,888; 2021 AED 1,347,888; 2022 AED 1,472,888; 2023 AED 1,790,000; 2024 AED 1,920,000Sold by developer, October 2019: AED 1,380,711 (AED 1,354 per sqft)Sold, November 2024: AED 2,600,000 (AED 2,550 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Park Point B
100K150K2021202320252027Typical rent by year: 2021 AED 78,000; 2022 AED 82,000; 2023 AED 120,000; 2024 AED 131,000; 2025 AED 138,000; 2026 AED 155,000New contract, November 2021: AED 90,000 a yearRenewal, November 2022: AED 90,000 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 B, and where 203 sits

All 50 2-beds →

203 last sold in November 2024 at AED 2,550 per sqft, 24% above what two-beds in Park Point B were fetching at the time (AED 2,060). 203's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jul 20252,350,000
8 Jul 20242,200,000
13 Jun 20241,875,000
4 Jun 20241,950,000
0 2-bed sales in the last 12 months

Park Point B

Building

94 apartments, 1-bed to 3-bed over 8 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 2,214
Typical sale
AED 2.5M
Typical rent
AED 145K /yr
Typical yield
6.6%
Park Point B, Dubai Hills Estate: prices, sales and rents →

Other units on the 2nd floor

All 94 units in Park Point B
Value
2012-bedAED 1.35M · Mar 2021
2022-bedAED 1.85M · Jul 2023
2043-bedAED 3.2M · Oct 2024
2052-bedAED 1.35M · Jun 2021
2062-bedAED 1.33M · Mar 2020
2072-bedAED 1.88M · Jun 2024
2083-bedAED 2.15M · Dec 2022
1–7 of 12

203, Park Point B in numbers

  • Sold twice: first on 20 October 2019 for AED 1,380,711, last on 4 November 2024 for AED 2,600,000 (AED 2,550 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 21,400 a year (AED 21.01 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2024.

Questions about 203, Park Point B

What did unit 203 last sell for?

AED 2,600,000 on 4 November 2024: AED 2,550 per sqft for 1,019 sqft. The unit has 2 registered sales; the first was AED 1,380,711 in October 2019.

What is the rent for unit 203?

AED 90,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 90,000.

How big is unit 203?

1,019 sqft (94.7 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2020.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 203, Park Point B

Starts from the last sale price (AED 2.6M, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →