2-bed · 1,375 sqftPark Point A, Dubai Hills Estate · 1st floor · completed 2020

102, Park Point A

Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 1.57M5 February 2017
Current rentAED 160K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Park Point A

What is 102 worth today?

Last sold for AED 1,570,888 in 2017

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10 Feb 2024RentedNew contract
AED 160,000/yr6 months · AED 106 per sqft
11 Mar 2022RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
5 Feb 2017Sold by developerOff-plan
AED 1,570,888AED 1,142 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
1st of 9
Parking
P128
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 28,900 /yr
Last sold
AED 1.57M · February 2017
Building
Park Point A

About 102, Park Point A

102 is a two-bedroom apartment of 1,375 sqft on the 1st 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 5 February 2017 for AED 1,570,888, or AED 1,142 per sqft, 18% below the AED 1,386 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 10 February 2024, is AED 160,000 a year: a gross yield of 10.2% on the 2017 price, before the service charge of about AED 28,900 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in Park Point A
2M2016201920222025Typical sale price by year: 2016 AED 1,411,388; 2017 AED 1,409,888; 2021 AED 1,958,354; 2024 AED 2,375,000; 2026 AED 2,610,000Sold by developer, February 2017: AED 1,570,888 (AED 1,142 per sqft)

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

Rents
Unit 102, each contractTypical two-bed in Park Point A
100K200K2021202320252027Typical rent by year: 2021 AED 75,000; 2022 AED 78,000; 2023 AED 87,500; 2024 AED 139,500; 2025 AED 190,000; 2026 AED 165,000New contract, March 2022: AED 115,000 a yearNew contract, February 2024: AED 160,000 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 102 sits

All 17 2-beds →

102 last sold in February 2017 at AED 1,142 per sqft, 18% below what two-beds in Park Point A were fetching at the time (AED 1,386). Over the last 12 months two-beds sold for AED 2,500,000 to 3,100,000, around AED 2,382 per sqft, and rent for AED 65,000 to 220,000 a year. 102's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20263,100,000
16 Apr 20262,610,000
5 Jan 20262,500,000
14 Apr 20252,057,200
3 2-bed sales 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. 5 sold in the last 12 months.

Typical price per sqft
AED 2,382
Typical sale
AED 2.61M
Typical rent
AED 127K /yr
Typical yield
5.7%
Park Point A, Dubai Hills Estate: prices, sales and rents →

Other units on the 1st floor

All 51 units in Park Point A
Value
1013-bedAED 1.65M · Jan 2017
1033-bedAED 2.46M · Oct 2018
1043-bedAED 1.96M · Jun 2022

102, Park Point A in numbers

  • Sold once: by Dubai Hills Estate on 5 February 2017 for AED 1,570,888, or AED 1,142 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 115,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2017 price is 10.2%, before a service charge of about AED 28,900 a year (AED 21.01 per sqft).
  • Two-beds in Park Point A sold for AED 2,500,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,382 per sqft.

Source: Dubai Land Department. Updated 10 February 2024.

Questions about 102, Park Point A

What did unit 102 last sell for?

AED 1,570,888 on 5 February 2017, sold by the developer: AED 1,142 per sqft for 1,375 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 160,000 a year on the contract signed on 10 February 2024. The previous contract, from March 2022, was AED 115,000.

How big is unit 102?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2020.

What is unit 102 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 3,100,000 in the last 12 months, around AED 2,382 per sqft.

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Mortgage on 102, Park Point A

Starts from the last sale price (AED 1.57M, 5 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,888
Deposit, UAE resident (20%)
AED 314,178
Deposit, non-resident (40%)
AED 628,355
Monthly over 25 years at 3.7%
AED 6,427

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →