2-bed · 1,081 sqftPark Point B, Dubai Hills Estate · 2nd floor · completed 2020

212, Park Point B

Sold prices and rental history: sold twice, last in June 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 1.78M23 June 2023
Current rentAED 82K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Park Point B

What is 212 worth today?

Last sold for AED 1,780,000 in 2023

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23 Jun 2023SoldReady
AED 1,780,000AED 1,646 per sqft
15 Feb 2023RentedRenewal
AED 82,000/yr12 months · AED 76 per sqft
15 Feb 2022RentedNew contract
AED 82,000/yr12 months · AED 76 per sqft
18 Dec 2019Sold by developerOff-plan
AED 1,519,888AED 1,405 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
2-bed apartment
Size
1,081 sqft
Floor
2nd of 8
Parking
G157
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 22,700 /yr
Last sold
AED 1.78M · June 2023
Building
Park Point B

About 212, Park Point B

212 is a two-bedroom apartment of 1,081 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 23 June 2023 for AED 1,780,000, or AED 1,646 per sqft, 3% above the AED 1,598 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 82,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 22,700 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, December 2019: AED 1,519,888 (AED 1,405 per sqft)Sold, June 2023: AED 1,780,000 (AED 1,646 per sqft)

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

Rents
Unit 212, each contractTypical two-bed in Park Point B
100K2021202320252027Typical 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, February 2022: AED 82,000 a yearRenewal, February 2023: AED 82,000 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 212 sits

All 52 2-beds →

212 last sold in June 2023 at AED 1,646 per sqft, 3% above what two-beds in Park Point B were fetching at the time (AED 1,598). 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. 212's AED 82,000 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
2072-bedAED 1.88M · Jun 2024
1–7 of 12

212, Park Point B in numbers

  • Sold twice: first on 18 December 2019 for AED 1,519,888, last on 23 June 2023 for AED 1,780,000 (AED 1,646 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 22,700 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 23 June 2023.

Questions about 212, Park Point B

What did unit 212 last sell for?

AED 1,780,000 on 23 June 2023: AED 1,646 per sqft for 1,081 sqft. The unit has 2 registered sales; the first was AED 1,519,888 in December 2019.

What is the rent for unit 212?

AED 82,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 82,000.

How big is unit 212?

1,081 sqft (100.4 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2020.

What is unit 212 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 212, Park Point B

Starts from the last sale price (AED 1.78M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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