502, Park Point B
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Park Point B
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,018 sqft
- Floor
- 5th of 8
- Parking
- G127
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 21,400 /yr
- Last sold
- AED 1.6M · December 2022
- Building
- Park Point B
About 502, Park Point B
502 is a two-bedroom apartment of 1,018 sqft on the 5th floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 7 December 2022 for AED 1,600,000, or AED 1,571 per sqft, 12% above the AED 1,407 two-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 1 August 2023, is AED 81,900 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 21,400 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 52 2-beds →502 last sold in December 2022 at AED 1,571 per sqft, 12% above what two-beds in Park Point B were fetching at the time (AED 1,407). 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. 502's AED 81,900 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 874 sqft | 2,100,000 | 2,403 | ||
| 1 Oct 20261 October 2026 | 1,033 sqft | 1,950,000 | 1,888 | ||
| 29 Aug 202529 August 2025 | 1,304 sqft | 2,600,000 | 1,994 | ||
| 8 Jul 20258 July 2025 | 874 sqft | 2,350,000 | 2,690 |
Park Point B
Building94 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%
Other units on the 5th floor
All 94 units in Park Point B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 940 sqft | AED 1.33MAED 1,329,888 · Feb 2020February 2020 | 125,000 /yr | |
| 503 | 2-bed | 1,019 sqft | AED 1.42MAED 1,422,888 · Sep 2021September 2021 | 140,000 /yr | |
| 504 | 3-bed | 1,582 sqft | AED 3.13MAED 3,130,000 · Nov 2024November 2024 | 220,000 /yr | |
| 505 | 2-bed | 1,033 sqft | AED 2.14MAED 2,143,000 · May 2024May 2024 | 78,000 /yr | |
| 506 | 2-bed | 1,015 sqft | AED 2MAED 2,000,000 · Feb 2024February 2024 | 115,000 /yr | |
| 507 | 2-bed | 1,016 sqft | AED 1.34MAED 1,336,888 · Jun 2020June 2020 | 122,500 /yr | |
| 508 | 3-bed | 1,468 sqft | AED 2.22MAED 2,217,888 · Nov 2021November 2021 | ||
| 509 | 3-bed | 1,359 sqft | AED 3.24MAED 3,240,000 · Jun 2025June 2025 | 170,000 /yr | |
| 510 | 3-bed | 1,362 sqft | AED 1.91MAED 1,913,836 · Sep 2021September 2021 | 168,000 /yr | |
| 511 | 3-bed | 1,577 sqft | AED 3.36MAED 3,357,000 · Jan 2024January 2024 | 240,000 /yr | |
| 512 | 2-bed | 1,081 sqft | AED 1.53MAED 1,533,888 · Apr 2020April 2020 | 165,000 /yr | |
| 513 | 2-bed | 874 sqft | AED 1.33MAED 1,327,888 · Jan 2023January 2023 |
502, Park Point B in numbers
- Sold twice: first on 23 December 2019 for AED 1,436,888, last on 7 December 2022 for AED 1,600,000 (AED 1,571 per sqft).
- Rented since August 2021 on 4 Ejari contracts, from AED 78,000 to AED 81,900 a year.
- At AED 81,900 a year the gross yield on the 2022 price is 5.1%, 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 1 August 2023.
Questions about 502, Park Point B
What did unit 502 last sell for?
AED 1,600,000 on 7 December 2022: AED 1,571 per sqft for 1,018 sqft. The unit has 2 registered sales; the first was AED 1,436,888 in December 2019.
What is the rent for unit 502?
AED 81,900 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 78,000; the unit has been rented since August 2021.
How big is unit 502?
1,018 sqft (94.6 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.
What is unit 502 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 502, Park Point B
Starts from the last sale price (AED 1.6M, 7 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →