3-bed · 1,358 sqftPark Point B, Dubai Hills Estate · 6th floor · completed 2020

609, Park Point B

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

Unit 609 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 2.78M15 May 2024
Current rentAED 155K /yr6 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Park Point B

What is 609 worth today?

Last sold for AED 2,780,000 in 2024

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15 May 2024SoldReady
AED 2,780,000AED 2,046 per sqft
6 Jan 2024RentedRenewal
AED 155,000/yr12 months · AED 114 per sqft
6 Jan 2023RentedNew contract
AED 155,000/yr12 months · AED 114 per sqft
6 Oct 2022RentedRenewal
AED 122,304/yr1 months · AED 90 per sqft
6 Oct 2021RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
11 Aug 2021Sold by developerReady
AED 2,065,888AED 1,520 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
3-bed apartment
Size
1,358 sqft
Floor
6th of 8
Parking
P078 , P077
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 28,500 /yr
Last sold
AED 2.78M · May 2024
Building
Park Point B

About 609, Park Point B

609 is a three-bedroom apartment of 1,358 sqft on the 6th floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 15 May 2024 for AED 2,780,000, or AED 2,046 per sqft, in line with the AED 2,087 three-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 6 January 2024, is AED 155,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 28,500 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, August 2021: AED 2,065,888 (AED 1,520 per sqft)Sold, May 2024: AED 2,780,000 (AED 2,046 per sqft)

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

Rents
Unit 609, 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, October 2021: AED 110,000 a yearRenewal, October 2022: AED 122,304 a yearNew contract, January 2023: AED 155,000 a yearRenewal, January 2024: AED 155,000 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 609 sits

All 39 3-beds →

609 last sold in May 2024 at AED 2,046 per sqft, in line with what three-beds in Park Point B were fetching at the time (AED 2,087). 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. 609's AED 155,000 is in the lower 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 6th floor

All 94 units in Park Point B
Value
6012-bedAED 1.32M · Oct 2018
6022-bedAED 2.15M · Nov 2023
6032-bedAED 1.42M · Jul 2019
6043-bedAED 3.15M · Jan 2025
6052-bedAED 1.36M · Feb 2019
6062-bedAED 2.2M · Jul 2024
6072-bedAED 1.95M · Jun 2024
1–7 of 12

609, Park Point B in numbers

  • Sold twice: first on 11 August 2021 for AED 2,065,888, last on 15 May 2024 for AED 2,780,000 (AED 2,046 per sqft).
  • Rented since October 2021 on 4 Ejari contracts, from AED 110,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 28,500 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 15 May 2024.

Questions about 609, Park Point B

What did unit 609 last sell for?

AED 2,780,000 on 15 May 2024: AED 2,046 per sqft for 1,358 sqft. The unit has 2 registered sales; the first was AED 2,065,888 in August 2021.

What is the rent for unit 609?

AED 155,000 a year on the contract renewed on 6 January 2024. The previous contract, from January 2023, was AED 155,000; the unit has been rented since October 2021.

How big is unit 609?

1,358 sqft (126.2 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2020.

What is unit 609 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 609, Park Point B

Starts from the last sale price (AED 2.78M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,780,000
Deposit, UAE resident (20%)
AED 556,000
Deposit, non-resident (40%)
AED 1,112,000
Monthly over 25 years at 3.7%
AED 11,374

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