505, Park Point B
Sold prices and rental history: sold twice, last in May 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Park Point B
What is 505 worth today?
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Source: Dubai Land Department. Updated 10 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,033 sqft
- Floor
- 5th of 8
- Parking
- G162
- Developer
- Dubai Hills Estate
- Completed
- 2020
- Service charge
- AED 21,700 /yr
- Last sold
- AED 2.14M · May 2024
- Building
- Park Point B
About 505, Park Point B
505 is a two-bedroom apartment of 1,033 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 10 May 2024 for AED 2,143,000, or AED 2,075 per sqft, in line with the AED 2,029 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 18 August 2022, is AED 78,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 21,700 a year.
Sales and rents for 505 over time
505 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 505 sits
All 52 2-beds →505 last sold in May 2024 at AED 2,075 per sqft, in line with what two-beds in Park Point B were fetching at the time (AED 2,029). 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. 505's AED 78,000 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 | |
| 502 | 2-bed | 1,018 sqft | AED 1.6MAED 1,600,000 · Dec 2022December 2022 | 81,900 /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 | |
| 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 |
505, Park Point B in numbers
- Sold twice: first on 11 December 2019 for AED 1,363,888, last on 10 May 2024 for AED 2,143,000 (AED 2,075 per sqft).
- Rented since August 2021 on 2 Ejari contracts, at AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 21,700 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 10 May 2024.
Questions about 505, Park Point B
What did unit 505 last sell for?
AED 2,143,000 on 10 May 2024: AED 2,075 per sqft for 1,033 sqft. The unit has 2 registered sales; the first was AED 1,363,888 in December 2019.
What is the rent for unit 505?
AED 78,000 a year on the contract renewed on 18 August 2022. The previous contract, from August 2021, was AED 78,000.
How big is unit 505?
1,033 sqft (96.0 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.
What is unit 505 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 505, Park Point B
Starts from the last sale price (AED 2.14M, 10 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,143,000
- Deposit, UAE resident (20%)
- AED 428,600
- Deposit, non-resident (40%)
- AED 857,200
- Monthly over 25 years at 3.7%
- AED 8,768
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →