2-bed · 1,018 sqftPark Point B, Dubai Hills Estate · 4th floor · completed 2020

402, Park Point B

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 2.25M25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Park Point B

What is 402 worth today?

Last sold for AED 2,250,000 in 2024

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25 Jan 2024SoldReady
AED 2,250,000AED 2,210 per sqft
11 Mar 2019Sold by developerOff-plan
AED 1,403,888AED 1,378 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2024.

Key facts

Type
2-bed apartment
Size
1,018 sqft
Floor
4th of 8
Parking
P137
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 21,400 /yr
Last sold
AED 2.25M · January 2024
Building
Park Point B

About 402, Park Point B

402 is a two-bedroom apartment of 1,018 sqft on the 4th floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 25 January 2024 for AED 2,250,000, or AED 2,210 per sqft, 22% above the AED 1,817 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Park Point B
1.5M2M2018202020222024Typical 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, March 2019: AED 1,403,888 (AED 1,378 per sqft)Sold, January 2024: AED 2,250,000 (AED 2,210 per sqft)

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

Rents
Unit 402, 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 155,000

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 402 sits

All 50 2-beds →

402 last sold in January 2024 at AED 2,210 per sqft, 22% above what two-beds in Park Point B were fetching at the time (AED 1,817).

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jul 20252,350,000
4 Nov 20242,600,000
8 Jul 20242,200,000
13 Jun 20241,875,000
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 4th floor

All 94 units in Park Point B
Value
4012-bedAED 1.29M · Feb 2019
4032-bedAED 1.41M · May 2019
4043-bedAED 3.15M · Nov 2024
4052-bedAED 1.8M · Apr 2023
4062-bedAED 1.31M · Mar 2019
4072-bedAED 2.03M · Oct 2023
4083-bedAED 2.02M · Jun 2019
1–7 of 12

402, Park Point B in numbers

  • Sold twice: first on 11 March 2019 for AED 1,403,888, last on 25 January 2024 for AED 2,250,000 (AED 2,210 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2024.

Questions about 402, Park Point B

What did unit 402 last sell for?

AED 2,250,000 on 25 January 2024: AED 2,210 per sqft for 1,018 sqft. The unit has 2 registered sales; the first was AED 1,403,888 in March 2019.

How big is unit 402?

1,018 sqft (94.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2020.

What is unit 402 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 402, Park Point B

Starts from the last sale price (AED 2.25M, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →