1-bed · 672 sqftPark Point A, Dubai Hills Estate · 6th floor · completed 2020

601, Park Point A

Sold prices and rental history: sold twice, last in March 2024, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 1.25M6 March 2024
Current rentAED 55K /yr25 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Park Point A

What is 601 worth today?

Last sold for AED 1,245,000 in 2024

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6 Mar 2024SoldReady
AED 1,245,000AED 1,853 per sqft
25 May 2021RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
12 Feb 2020Sold by developerOff-plan
AED 936,888AED 1,413 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
6th of 9
Parking
G204
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 14,100 /yr
Last sold
AED 1.25M · March 2024
Building
Park Point A

About 601, Park Point A

601 is a one-bedroom apartment of 672 sqft on the 6th floor of Park Point A, a 9-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 6 March 2024 for AED 1,245,000, or AED 1,853 per sqft, in line with the AED 1,802 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 May 2021. The current contract, signed on 25 May 2021, is AED 55,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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 2020: AED 936,888 (AED 1,413 per sqft)Sold, March 2024: AED 1,245,000 (AED 1,853 per sqft)

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

Rents
Unit 601, 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 90,000New contract, May 2021: AED 55,000 a year

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 601 sits

All 24 1-beds →

601 last sold in March 2024 at AED 1,853 per sqft, in line with what one-beds in Park Point A were fetching at the time (AED 1,802). 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. 601's AED 55,000 is at the bottom of that range.

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 6th floor

All 51 units in Park Point A
Value
6022-bedAED 2.02M · Dec 2021
6033-bedAED 2.1M · Sep 2021
6041-bedAED 847K · Feb 2019
6051-bedAED 813K · Nov 2021
6062-bedAED 1.7M · May 2023

601, Park Point A in numbers

  • Sold twice: first on 12 February 2020 for AED 936,888, last on 6 March 2024 for AED 1,245,000 (AED 1,853 per sqft).
  • Rented since May 2021 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 14,100 a year (AED 21.01 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 6 March 2024.

Questions about 601, Park Point A

What did unit 601 last sell for?

AED 1,245,000 on 6 March 2024: AED 1,853 per sqft for 672 sqft. The unit has 2 registered sales; the first was AED 936,888 in February 2020.

What is the rent for unit 601?

AED 55,000 a year on the contract signed on 25 May 2021.

How big is unit 601?

672 sqft (62.4 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2020.

What is unit 601 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 601, Park Point A

Starts from the last sale price (AED 1.25M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,245,000
Deposit, UAE resident (20%)
AED 249,000
Deposit, non-resident (40%)
AED 498,000
Monthly over 25 years at 3.7%
AED 5,094

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