3-bed · 1,577 sqftPark Point B, Dubai Hills Estate · 5th floor · completed 2020

511, Park Point B

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

Unit 511 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 3.36M29 January 2024
Current rentAED 240K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Park Point B

What is 511 worth today?

Last sold for AED 3,357,000 in 2024

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5 Mar 2026RentedRenewal
AED 240,000/yr12 months · AED 152 per sqft
5 Mar 2025RentedRenewal
AED 240,000/yr12 months · AED 152 per sqft
5 Mar 2025RentedRenewal
AED 240,000/yr12 months · AED 152 per sqft
5 Mar 2024RentedNew contract
AED 240,000/yr12 months · AED 152 per sqft
29 Jan 2024SoldReady
AED 3,357,000AED 2,128 per sqft
15 Jul 2022RentedRenewal
AED 121,000/yr12 months · AED 76 per sqft
15 Jul 2021RentedNew contract
AED 115,000/yr12 months · AED 73 per sqft
14 Jun 2021Sold by developerReady
AED 2,198,416AED 1,393 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
3-bed apartment
Size
1,577 sqft
Floor
5th of 8
Parking
G128 , G129
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 33,100 /yr
Last sold
AED 3.36M · January 2024
Building
Park Point B

About 511, Park Point B

511 is a three-bedroom apartment of 1,577 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 29 January 2024 for AED 3,357,000, or AED 2,128 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 5 March 2026, is AED 240,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 2,198,416 (AED 1,393 per sqft)Sold, January 2024: AED 3,357,000 (AED 2,128 per sqft)

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

Rents
Unit 511, 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 115,000 a yearRenewal, July 2022: AED 121,000 a yearNew contract, March 2024: AED 240,000 a yearRenewal, March 2025: AED 240,000 a yearRenewal, March 2025: AED 240,000 a yearRenewal, March 2026: AED 240,000 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 511 sits

All 39 3-beds →

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. 511's AED 240,000 is in the upper half 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 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

511, Park Point B in numbers

  • Sold twice: first on 14 June 2021 for AED 2,198,416, last on 29 January 2024 for AED 3,357,000 (AED 2,128 per sqft).
  • Rented since July 2021 on 6 Ejari contracts, from AED 115,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 33,100 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 5 March 2026.

Questions about 511, Park Point B

What did unit 511 last sell for?

AED 3,357,000 on 29 January 2024: AED 2,128 per sqft for 1,577 sqft. The unit has 2 registered sales; the first was AED 2,198,416 in June 2021.

What is the rent for unit 511?

AED 240,000 a year on the contract renewed on 5 March 2026. The previous contract, from March 2025, was AED 240,000; the unit has been rented since July 2021.

How big is unit 511?

1,577 sqft (146.5 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 511 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 511, Park Point B

Starts from the last sale price (AED 3.36M, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,357,000
Deposit, UAE resident (20%)
AED 671,400
Deposit, non-resident (40%)
AED 1,342,800
Monthly over 25 years at 3.7%
AED 13,735

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