2-bed · 1,375 sqftPark Point A, Dubai Hills Estate · 8th floor · completed 2020

802, Park Point A

Sold prices and rental history: sold twice, last in May 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 802 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 2.5M16 May 2024
Current rentAED 85K /yr13 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Park Point A

What is 802 worth today?

Last sold for AED 2,500,000 in 2024

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16 May 2024SoldReady
AED 2,500,000AED 1,818 per sqft
13 May 2021RentedNew contract
AED 85,000/yr12 months · AED 62 per sqft
25 Nov 2019Sold by developerOff-plan
AED 1,874,950AED 1,384 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
8th of 9
Parking
P101
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 28,900 /yr
Last sold
AED 2.5M · May 2024
Building
Park Point A

About 802, Park Point A

802 is a two-bedroom apartment of 1,375 sqft on the 8th floor of Park Point A, a 9-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 16 May 2024 for AED 2,500,000, or AED 1,818 per sqft, 13% above the AED 1,616 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 May 2021. The current contract, signed on 13 May 2021, is AED 85,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 28,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, November 2019: AED 1,874,950 (AED 1,384 per sqft)Sold, May 2024: AED 2,500,000 (AED 1,818 per sqft)

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

Rents
Unit 802, 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, May 2021: AED 85,000 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 802 sits

All 17 2-beds →

802 last sold in May 2024 at AED 1,818 per sqft, 13% above what two-beds in Park Point A were fetching at the time (AED 1,616). 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. 802's AED 85,000 is in the lower 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 8th floor

All 51 units in Park Point A
Value
8011-bedAED 930K · Feb 2017
8033-bedAED 3.61M · Jun 2018
8041-bedAED 830K · Oct 2021
8051-bedAED 1.3M · Jul 2024
8062-bedAED 1.42M · Dec 2016

802, Park Point A in numbers

  • Sold twice: first on 25 November 2019 for AED 1,874,950, last on 16 May 2024 for AED 2,500,000 (AED 1,818 per sqft).
  • Rented since May 2021 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 3.4%, 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 16 May 2024.

Questions about 802, Park Point A

What did unit 802 last sell for?

AED 2,500,000 on 16 May 2024: AED 1,818 per sqft for 1,375 sqft. The unit has 2 registered sales; the first was AED 1,874,950 in November 2019.

What is the rent for unit 802?

AED 85,000 a year on the contract signed on 13 May 2021.

How big is unit 802?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2020.

What is unit 802 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 802, Park Point A

Starts from the last sale price (AED 2.5M, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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