3-bed · 1,652 sqftPark Point D, Dubai Hills Estate · 5th floor · completed 2020

504, Park Point D

Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 2.53M5 January 2022
Current rentAED 175K /yr2 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Park Point D

What is 504 worth today?

Last sold for AED 2,526,888 in 2022

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2 May 2024RentedRenewal
AED 175,062/yr10 months · AED 106 per sqft
2 May 2023RentedRenewal
AED 173,000/yr12 months · AED 104 per sqft
2 May 2022RentedNew contract
AED 165,000/yr12 months · AED 100 per sqft
5 Jan 2022Sold by developerReady
AED 2,526,888AED 1,529 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2024.

Key facts

Type
3-bed apartment
Size
1,652 sqft
Floor
5th of 9
Parking
G038 , G039
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 34,700 /yr
Last sold
AED 2.53M · January 2022
Building
Park Point D

About 504, Park Point D

504 is a three-bedroom apartment of 1,652 sqft on the 5th floor of Park Point D, a 9-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. The developer sold it on 5 January 2022 for AED 2,526,888, or AED 1,529 per sqft, 10% above the AED 1,395 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 2 May 2024, is AED 175,062 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 34,700 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical three-bed in Park Point D
2M3M20172019202120232025Typical sale price by year: 2017 AED 1,907,888; 2019 AED 1,940,888; 2021 AED 2,104,857; 2022 AED 2,373,519; 2023 AED 2,700,000; 2024 AED 3,270,000Sold by developer, January 2022: AED 2,526,888 (AED 1,529 per sqft)

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

Rents
Unit 504, each contractTypical three-bed in Park Point D
100K150K200K202120232025Typical rent by year: 2021 AED 110,000; 2022 AED 152,000; 2023 AED 167,500; 2024 AED 210,000; 2025 AED 217,500New contract, May 2022: AED 165,000 a yearRenewal, May 2023: AED 173,000 a yearRenewal, May 2024: AED 175,062 a year

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

3-beds in Park Point D, and where 504 sits

All 25 3-beds →

504 last sold in January 2022 at AED 1,529 per sqft, 10% above what three-beds in Park Point D were fetching at the time (AED 1,395).

Recent 3-bed salesUnit no.Price (AED)Summary
8 Nov 20243,500,000
17 Jul 20243,050,000
20 May 20243,300,000
1 May 20243,270,000
0 3-bed sales in the last 12 months

Park Point D

Building

80 apartments, 1-bed to 3-bed over 9 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 104K /yr
Typical yield
Park Point D, Dubai Hills Estate: prices, sales and rents →

Other units on the 5th floor

All 80 units in Park Point D
Value
5011-bedAED 1.1M · Feb 2022
5021-bedAED 1.03M · Jul 2018
5031-bedAED 1.03M · Jul 2018
5051-bedAED 917K · Jul 2018
5061-bedAED 913K · Aug 2017
5072-bedAED 1.22M · Aug 2017
5083-bedAED 1.91M · Sep 2019
1–7 of 9

504, Park Point D in numbers

  • Sold once: by Dubai Hills Estate on 5 January 2022 for AED 2,526,888, or AED 1,529 per sqft.
  • Rented since May 2022 on 3 Ejari contracts, from AED 165,000 to AED 175,062 a year.
  • At AED 175,062 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 34,700 a year (AED 21.01 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2024.

Questions about 504, Park Point D

What did unit 504 last sell for?

AED 2,526,888 on 5 January 2022, sold by the developer: AED 1,529 per sqft for 1,652 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 175,062 a year on the contract renewed on 2 May 2024. The previous contract, from May 2023, was AED 173,000; the unit has been rented since May 2022.

How big is unit 504?

1,652 sqft (153.5 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2020.

What is unit 504 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 504, Park Point D

Starts from the last sale price (AED 2.53M, 5 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,526,888
Deposit, UAE resident (20%)
AED 505,378
Deposit, non-resident (40%)
AED 1,010,755
Monthly over 25 years at 3.7%
AED 10,338

Plus AED 111,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →