2-bed · 1,378 sqftPark Point A, Dubai Hills Estate · 5th floor · completed 2020

502, Park Point A

Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 24 October 2021
Last soldAED 1.93M24 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Park Point A

What is 502 worth today?

Last sold for AED 1,934,415 in 2021

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24 Oct 2021Sold by developerReady
AED 1,934,415AED 1,403 per sqft

Source: Dubai Land Department. Updated 24 October 2021.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
5th of 9
Parking
P131
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 29,000 /yr
Last sold
AED 1.93M · October 2021
Building
Park Point A

About 502, Park Point A

502 is a two-bedroom apartment of 1,378 sqft on the 5th 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 24 October 2021 for AED 1,934,415, or AED 1,403 per sqft, in line with the AED 1,444 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, October 2021: AED 1,934,415 (AED 1,403 per sqft)

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

Rents
Unit 502, 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 165,000

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 A, and where 502 sits

All 17 2-beds →

502 last sold in October 2021 at AED 1,403 per sqft, in line with what two-beds in Park Point A were fetching at the time (AED 1,444). 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.

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 5th floor

All 51 units in Park Point A
Value
5011-bedAED 900K · Nov 2021
5033-bedAED 2.16M · Feb 2019
5041-bedAED 842K · Feb 2017
5051-bedAED 886K · Feb 2017
5062-bedAED 1.3M · Feb 2022

502, Park Point A in numbers

  • Sold once: by Dubai Hills Estate on 24 October 2021 for AED 1,934,415, or AED 1,403 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 24 October 2021.

Questions about 502, Park Point A

What did unit 502 last sell for?

AED 1,934,415 on 24 October 2021, sold by the developer: AED 1,403 per sqft for 1,378 sqft. It is the only registered sale of the unit.

How big is unit 502?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2020.

What is unit 502 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 502, Park Point A

Starts from the last sale price (AED 1.93M, 24 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,934,415
Deposit, UAE resident (20%)
AED 386,883
Deposit, non-resident (40%)
AED 773,766
Monthly over 25 years at 3.7%
AED 7,914

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