2-bed · 1,016 sqftPark Point B, Dubai Hills Estate · 2nd floor · completed 2020

207, Park Point B

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

Unit 207 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 1.88M13 June 2024
Current rentAED 70K /yr26 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Park Point B

What is 207 worth today?

Last sold for AED 1,875,000 in 2024

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13 Jun 2024SoldReady
AED 1,875,000AED 1,844 per sqft
26 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 69 per sqft
26 Aug 2021RentedNew contract
AED 70,000/yr12 months · AED 69 per sqft
14 Oct 2019Sold by developerOff-plan
AED 1,326,888AED 1,305 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
2-bed apartment
Size
1,016 sqft
Floor
2nd of 8
Parking
G158
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 21,400 /yr
Last sold
AED 1.88M · June 2024
Building
Park Point B

About 207, Park Point B

207 is a two-bedroom apartment of 1,016 sqft on the 2nd floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 13 June 2024 for AED 1,875,000, or AED 1,844 per sqft, 8% below the AED 1,997 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 26 August 2022, is AED 70,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 21,400 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in Park Point B
1.5M2M2018202020222024Typical sale price by year: 2018 AED 1,329,388; 2019 AED 1,372,300; 2020 AED 1,329,888; 2021 AED 1,345,888; 2022 AED 1,451,444; 2023 AED 1,790,000; 2024 AED 1,950,000Sold by developer, October 2019: AED 1,326,888 (AED 1,305 per sqft)Sold, June 2024: AED 1,875,000 (AED 1,844 per sqft)

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

Rents
Unit 207, each contractTypical two-bed in Park Point B
100K150K2021202320252027Typical rent by year: 2021 AED 78,000; 2022 AED 83,500; 2023 AED 110,000; 2024 AED 133,500; 2025 AED 138,000; 2026 AED 132,500New contract, August 2021: AED 70,000 a yearNew contract, August 2022: AED 70,000 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 B, and where 207 sits

All 52 2-beds →

207 last sold in June 2024 at AED 1,844 per sqft, 8% below what two-beds in Park Point B were fetching at the time (AED 1,997). Over the last 12 months two-beds sold for AED 1,950,000 to 2,100,000, around AED 2,146 per sqft, and rent for AED 100,270 to 165,000 a year. 207's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,100,000
1 Oct 20261,950,000
29 Aug 20252,600,000
8 Jul 20252,350,000
2 2-bed sales in the last 12 months

Park Point B

Building

94 apartments, 1-bed to 3-bed over 8 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 2,214
Typical sale
AED 2.03M
Typical rent
AED 140K /yr
Typical yield
6.0%
Park Point B, Dubai Hills Estate: prices, sales and rents →

Other units on the 2nd floor

All 94 units in Park Point B
Value
2012-bedAED 1.35M · Mar 2021
2022-bedAED 1.85M · Jul 2023
2032-bedAED 2.6M · Nov 2024
2043-bedAED 3.2M · Oct 2024
2052-bedAED 1.35M · Jun 2021
2062-bedAED 1.33M · Mar 2020
2083-bedAED 2.15M · Dec 2022
1–7 of 12

207, Park Point B in numbers

  • Sold twice: first on 14 October 2019 for AED 1,326,888, last on 13 June 2024 for AED 1,875,000 (AED 1,844 per sqft).
  • Rented since August 2021 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 21,400 a year (AED 21.01 per sqft).
  • Two-beds in Park Point B sold for AED 1,950,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,214 per sqft.

Source: Dubai Land Department. Updated 13 June 2024.

Questions about 207, Park Point B

What did unit 207 last sell for?

AED 1,875,000 on 13 June 2024: AED 1,844 per sqft for 1,016 sqft. The unit has 2 registered sales; the first was AED 1,326,888 in October 2019.

What is the rent for unit 207?

AED 70,000 a year on the contract signed on 26 August 2022. The previous contract, from August 2021, was AED 70,000.

How big is unit 207?

1,016 sqft (94.4 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2020.

What is unit 207 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 B sold for AED 1,950,000 to 2,100,000 in the last 12 months, around AED 2,146 per sqft.

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Mortgage on 207, Park Point B

Starts from the last sale price (AED 1.88M, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,875,000
Deposit, UAE resident (20%)
AED 375,000
Deposit, non-resident (40%)
AED 750,000
Monthly over 25 years at 3.7%
AED 7,671

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