1-bed · 643 sqftPark Point A, Dubai Hills Estate · 6th floor · completed 2020

604, Park Point A

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 847K20 February 2019
Current rentAED 60K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Park Point A

What is 604 worth today?

Last sold for AED 846,888 in 2019

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14 Mar 2024RentedRenewal
AED 60,000/yr12 months · AED 91 per sqft
14 Mar 2023RentedRenewal
AED 49,350/yr12 months · AED 75 per sqft
14 Mar 2022RentedRenewal
AED 47,000/yr12 months · AED 72 per sqft
14 Mar 2021RentedNew contract
AED 47,000/yr12 months · AED 72 per sqft
20 Feb 2019Sold by developerOff-plan
AED 846,888AED 1,317 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
1-bed apartment
Size
643 sqft
Floor
6th of 9
Parking
P099
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 13,500 /yr
Last sold
AED 847K · February 2019
Building
Park Point A

About 604, Park Point A

604 is a one-bedroom apartment of 643 sqft on the 6th 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 20 February 2019 for AED 846,888, or AED 1,317 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 14 March 2024, is AED 60,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 13,500 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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 2019: AED 846,888 (AED 1,317 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in Park Point A
40K60K80K2021202320252027Typical 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, March 2021: AED 47,000 a yearRenewal, March 2022: AED 47,000 a yearRenewal, March 2023: AED 49,350 a yearRenewal, March 2024: AED 60,000 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 604 sits

All 24 1-beds →

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. 604's AED 60,000 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
6011-bedAED 1.25M · Mar 2024
6022-bedAED 2.02M · Dec 2021
6033-bedAED 2.1M · Sep 2021
6051-bedAED 813K · Nov 2021
6062-bedAED 1.7M · May 2023

604, Park Point A in numbers

  • Sold once: by Dubai Hills Estate on 20 February 2019 for AED 846,888, or AED 1,317 per sqft.
  • Rented since March 2021 on 4 Ejari contracts, from AED 47,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 13,500 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 14 March 2024.

Questions about 604, Park Point A

What did unit 604 last sell for?

AED 846,888 on 20 February 2019, sold by the developer: AED 1,317 per sqft for 643 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 60,000 a year on the contract renewed on 14 March 2024. The previous contract, from March 2023, was AED 49,350; the unit has been rented since March 2021.

How big is unit 604?

643 sqft (59.7 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2020.

What is unit 604 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 604, Park Point A

Starts from the last sale price (AED 847K, 20 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 846,888
Deposit, UAE resident (20%)
AED 169,378
Deposit, non-resident (40%)
AED 338,755
Monthly over 25 years at 3.7%
AED 3,465

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