3-bed · 1,582 sqftPark Point B, Dubai Hills Estate · 4th floor · completed 2020

404, Park Point B

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

Unit 404 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 3.15M6 November 2024
Current rentAED 143K /yr26 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Park Point B

What is 404 worth today?

Last sold for AED 3,150,000 in 2024

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6 Nov 2024SoldReady
AED 3,150,000AED 1,991 per sqft
26 Jul 2024RentedRenewal
AED 143,359/yr8 months · AED 91 per sqft
26 Jul 2023RentedRenewal
AED 119,328/yr12 months · AED 75 per sqft
26 Jul 2022RentedRenewal
AED 113,000/yr12 months · AED 71 per sqft
1 Jul 2021RentedNew contract
AED 107,000/yr13 months · AED 68 per sqft
13 Jun 2021Sold by developerReady
AED 2,164,936AED 1,368 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
3-bed apartment
Size
1,582 sqft
Floor
4th of 8
Parking
P151 , P152
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 33,200 /yr
Last sold
AED 3.15M · November 2024
Building
Park Point B

About 404, Park Point B

404 is a three-bedroom apartment of 1,582 sqft on the 4th floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 6 November 2024 for AED 3,150,000, or AED 1,991 per sqft, in line with the AED 2,030 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 26 July 2024, is AED 143,359 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 33,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical three-bed in Park Point B
2M3M2019202120232025Typical sale price by year: 2019 AED 1,792,888; 2021 AED 2,128,445; 2022 AED 2,225,000; 2024 AED 3,155,000; 2025 AED 3,240,000Sold by developer, June 2021: AED 2,164,936 (AED 1,368 per sqft)Sold, November 2024: AED 3,150,000 (AED 1,991 per sqft)

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

Rents
Unit 404, each contractTypical three-bed in Park Point B
100K200K2021202320252027Typical rent by year: 2021 AED 120,000; 2022 AED 135,000; 2023 AED 150,404; 2024 AED 184,800; 2025 AED 223,510; 2026 AED 195,000New contract, July 2021: AED 107,000 a yearRenewal, July 2022: AED 113,000 a yearRenewal, July 2023: AED 119,328 a yearRenewal, July 2024: AED 143,359 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Point B, and where 404 sits

All 39 3-beds →

404 last sold in November 2024 at AED 1,991 per sqft, in line with what three-beds in Park Point B were fetching at the time (AED 2,030). Over the last 12 months three-beds sold for AED 3,450,000, around AED 2,349 per sqft, and rent for AED 150,000 to 255,000 a year. 404's AED 143,359 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Nov 20253,450,000
23 Oct 20253,490,000
18 Jun 20253,240,000
16 Jun 20253,100,000
1 3-bed sale 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 4th floor

All 94 units in Park Point B
Value
4012-bedAED 1.29M · Feb 2019
4022-bedAED 2.25M · Jan 2024
4032-bedAED 1.41M · May 2019
4052-bedAED 1.8M · Apr 2023
4062-bedAED 1.31M · Mar 2019
4072-bedAED 2.03M · Oct 2023
4083-bedAED 2.02M · Jun 2019
1–7 of 12

404, Park Point B in numbers

  • Sold twice: first on 13 June 2021 for AED 2,164,936, last on 6 November 2024 for AED 3,150,000 (AED 1,991 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 107,000 to AED 143,359 a year.
  • At AED 143,359 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 33,200 a year (AED 21.01 per sqft).
  • Three-beds in Park Point B sold for AED 3,450,000–3,450,000 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 6 November 2024.

Questions about 404, Park Point B

What did unit 404 last sell for?

AED 3,150,000 on 6 November 2024: AED 1,991 per sqft for 1,582 sqft. The unit has 2 registered sales; the first was AED 2,164,936 in June 2021.

What is the rent for unit 404?

AED 143,359 a year on the contract renewed on 26 July 2024. The previous contract, from July 2023, was AED 119,328; the unit has been rented since July 2021.

How big is unit 404?

1,582 sqft (147.0 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2020.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Point B sold for AED 3,450,000 to 3,450,000 in the last 12 months, around AED 2,349 per sqft.

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Mortgage on 404, Park Point B

Starts from the last sale price (AED 3.15M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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