2-bed · 1,015 sqftPark Point B, Dubai Hills Estate · 5th floor · completed 2020

506, Park Point B

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

Unit 506 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 2M7 February 2024
Current rentAED 115K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Park Point B

What is 506 worth today?

Last sold for AED 2,000,000 in 2024

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15 Sep 2026RentedNew contract
AED 115,000/yr12 months · AED 114 per sqft
10 Aug 2025RentedNew contract
AED 135,000/yr12 months · AED 133 per sqft
15 May 2024RentedNew contract
AED 140,000/yr12 months · AED 138 per sqft
7 Feb 2024SoldReady
AED 2,000,000AED 1,969 per sqft
8 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 79 per sqft
8 Oct 2021RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
19 Nov 2019Sold by developerOff-plan
AED 1,345,888AED 1,325 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
2-bed apartment
Size
1,015 sqft
Floor
5th of 8
Parking
G161
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 21,300 /yr
Last sold
AED 2M · February 2024
Building
Park Point B

About 506, Park Point B

506 is a two-bedroom apartment of 1,015 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 February 2024 for AED 2,000,000, or AED 1,969 per sqft, 8% above the AED 1,817 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 September 2026, is AED 115,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 21,300 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, November 2019: AED 1,345,888 (AED 1,325 per sqft)Sold, February 2024: AED 2,000,000 (AED 1,969 per sqft)

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

Rents
Unit 506, 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, October 2021: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearNew contract, May 2024: AED 140,000 a yearNew contract, August 2025: AED 135,000 a yearNew contract, September 2026: AED 115,000 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 506 sits

All 52 2-beds →

506 last sold in February 2024 at AED 1,969 per sqft, 8% above what two-beds in Park Point B were fetching at the time (AED 1,817). 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. 506's AED 115,000 is in the lower half 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 5th floor

All 94 units in Park Point B
Value
5012-bedAED 1.33M · Feb 2020
5022-bedAED 1.6M · Dec 2022
5032-bedAED 1.42M · Sep 2021
5043-bedAED 3.13M · Nov 2024
5052-bedAED 2.14M · May 2024
5072-bedAED 1.34M · Jun 2020
5083-bedAED 2.22M · Nov 2021
1–7 of 12

506, Park Point B in numbers

  • Sold twice: first on 19 November 2019 for AED 1,345,888, last on 7 February 2024 for AED 2,000,000 (AED 1,969 per sqft).
  • Rented since October 2021 on 5 Ejari contracts, from AED 80,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 21,300 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 15 September 2026.

Questions about 506, Park Point B

What did unit 506 last sell for?

AED 2,000,000 on 7 February 2024: AED 1,969 per sqft for 1,015 sqft. The unit has 2 registered sales; the first was AED 1,345,888 in November 2019.

What is the rent for unit 506?

AED 115,000 a year on the contract signed on 15 September 2026. The previous contract, from August 2025, was AED 135,000; the unit has been rented since October 2021.

How big is unit 506?

1,015 sqft (94.3 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 506 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 506, Park Point B

Starts from the last sale price (AED 2M, 7 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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