3-bed · 1,468 sqftPark Point B, Dubai Hills Estate · 5th floor · completed 2020

508, Park Point B

Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 24 November 2021
Last soldAED 2.22M24 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Park Point B

What is 508 worth today?

Last sold for AED 2,217,888 in 2021

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24 Nov 2021Sold by developerReady
AED 2,217,888AED 1,510 per sqft

Source: Dubai Land Department. Updated 24 November 2021.

Key facts

Type
3-bed apartment
Size
1,468 sqft
Floor
5th of 8
Parking
P122 , P121
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 30,900 /yr
Last sold
AED 2.22M · November 2021
Building
Park Point B

About 508, Park Point B

508 is a three-bedroom apartment of 1,468 sqft on the 5th floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. The developer sold it on 24 November 2021 for AED 2,217,888, or AED 1,510 per sqft, 8% above the AED 1,393 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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, November 2021: AED 2,217,888 (AED 1,510 per sqft)

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

Rents
Unit 508, each contractTypical three-bed in Park Point B
150K200K2021202320252027Typical 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 195,000

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 508 sits

All 39 3-beds →

508 last sold in November 2021 at AED 1,510 per sqft, 8% above what three-beds in Park Point B were fetching at the time (AED 1,393). 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.

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 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
5062-bedAED 2M · Feb 2024
5072-bedAED 1.34M · Jun 2020
1–7 of 12

508, Park Point B in numbers

  • Sold once: by Dubai Hills Estate on 24 November 2021 for AED 2,217,888, or AED 1,510 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 24 November 2021.

Questions about 508, Park Point B

What did unit 508 last sell for?

AED 2,217,888 on 24 November 2021, sold by the developer: AED 1,510 per sqft for 1,468 sqft. It is the only registered sale of the unit.

How big is unit 508?

1,468 sqft (136.4 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 508 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 508, Park Point B

Starts from the last sale price (AED 2.22M, 24 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,217,888
Deposit, UAE resident (20%)
AED 443,578
Deposit, non-resident (40%)
AED 887,155
Monthly over 25 years at 3.7%
AED 9,074

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