1-bed · 671 sqftPark Point A, Dubai Hills Estate · 5th floor · completed 2020

501, Park Point A

Sold prices and rental history: sold twice, last in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 22 November 2021
Last soldAED 900K22 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Park Point A

What is 501 worth today?

Last sold for AED 900,000 in 2021

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22 Nov 2021SoldReady
AED 900,000AED 1,341 per sqft
23 Feb 2017Sold by developerOff-plan
AED 924,888AED 1,378 per sqft

Source: Dubai Land Department. Updated 22 November 2021.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
5th of 9
Parking
G114
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 14,100 /yr
Last sold
AED 900K · November 2021
Building
Park Point A

About 501, Park Point A

501 is a one-bedroom apartment of 671 sqft on the 5th floor of Park Point A, a 9-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 22 November 2021 for AED 900,000, or AED 1,341 per sqft, 6% above the AED 1,268 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Park Point A
750K1M1.25M2016201920222025Typical sale price by year: 2016 AED 890,388; 2017 AED 844,888; 2021 AED 830,000; 2023 AED 1,200,000; 2024 AED 1,285,000Sold by developer, February 2017: AED 924,888 (AED 1,378 per sqft)Sold, November 2021: AED 900,000 (AED 1,341 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Park Point A
60K80K2021202320252027Typical rent by year: 2021 AED 48,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 77,500; 2025 AED 90,000; 2026 AED 90,000

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

1-beds in Park Point A, and where 501 sits

All 24 1-beds →

501 last sold in November 2021 at AED 1,341 per sqft, 6% above what one-beds in Park Point A were fetching at the time (AED 1,268). Over the last 12 months one-beds sold for AED 49,376 to 50,990, around AED 73 per sqft, and rent for AED 63,000 to 115,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 202649,376
12 Jan 202650,990
16 Apr 20251,600,000
3 Mar 20251,385,000
2 1-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 5th floor

All 51 units in Park Point A
Value
5022-bedAED 1.93M · Oct 2021
5033-bedAED 2.16M · Feb 2019
5041-bedAED 842K · Feb 2017
5051-bedAED 886K · Feb 2017
5062-bedAED 1.3M · Feb 2022

501, Park Point A in numbers

  • Sold twice: first on 23 February 2017 for AED 924,888, last on 22 November 2021 for AED 900,000 (AED 1,341 per sqft).
  • One-beds in Park Point A sold for AED 49,376–50,990 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 22 November 2021.

Questions about 501, Park Point A

What did unit 501 last sell for?

AED 900,000 on 22 November 2021: AED 1,341 per sqft for 671 sqft. The unit has 2 registered sales; the first was AED 924,888 in February 2017.

How big is unit 501?

671 sqft (62.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2020.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Point A sold for AED 49,376 to 50,990 in the last 12 months, around AED 73 per sqft.

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Mortgage on 501, Park Point A

Starts from the last sale price (AED 900K, 22 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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