3-bed · 1,577 sqftPark Point B, Dubai Hills Estate · 6th floor · completed 2020

611, Park Point B

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

Unit 611 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 3.19M12 November 2024
Current rentAED 182K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Park Point B

What is 611 worth today?

Last sold for AED 3,190,000 in 2024

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12 Nov 2024SoldReady
AED 3,190,000AED 2,022 per sqft
7 Sep 2024RentedRenewal
AED 182,098/yr6 months · AED 115 per sqft
7 Sep 2023RentedRenewal
AED 175,000/yr12 months · AED 111 per sqft
7 Sep 2022RentedNew contract
AED 175,000/yr12 months · AED 111 per sqft
29 Aug 2021RentedNew contract
AED 125,000/yr12 months · AED 79 per sqft
14 Jun 2021Sold by developerReady
AED 2,204,926AED 1,397 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
3-bed apartment
Size
1,577 sqft
Floor
6th of 8
Parking
G130 , G131
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 33,100 /yr
Last sold
AED 3.19M · November 2024
Building
Park Point B

About 611, Park Point B

611 is a three-bedroom apartment of 1,577 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 12 November 2024 for AED 3,190,000, or AED 2,022 per sqft, in line with the AED 2,030 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 7 September 2024, is AED 182,098 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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 2,204,926 (AED 1,397 per sqft)Sold, November 2024: AED 3,190,000 (AED 2,022 per sqft)

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

Rents
Unit 611, 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 195,000New contract, August 2021: AED 125,000 a yearNew contract, September 2022: AED 175,000 a yearRenewal, September 2023: AED 175,000 a yearRenewal, September 2024: AED 182,098 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 611 sits

All 39 3-beds →

611 last sold in November 2024 at AED 2,022 per sqft, in line with what three-beds in Park Point B were fetching at the time (AED 2,030). 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. 611's AED 182,098 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

611, Park Point B in numbers

  • Sold twice: first on 14 June 2021 for AED 2,204,926, last on 12 November 2024 for AED 3,190,000 (AED 2,022 per sqft).
  • Rented since August 2021 on 4 Ejari contracts, from AED 125,000 to AED 182,098 a year.
  • At AED 182,098 a year the gross yield on the 2024 price is 5.7%, 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 12 November 2024.

Questions about 611, Park Point B

What did unit 611 last sell for?

AED 3,190,000 on 12 November 2024: AED 2,022 per sqft for 1,577 sqft. The unit has 2 registered sales; the first was AED 2,204,926 in June 2021.

What is the rent for unit 611?

AED 182,098 a year on the contract renewed on 7 September 2024. The previous contract, from September 2023, was AED 175,000; the unit has been rented since August 2021.

How big is unit 611?

1,577 sqft (146.5 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2020.

What is unit 611 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 611, Park Point B

Starts from the last sale price (AED 3.19M, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,190,000
Deposit, UAE resident (20%)
AED 638,000
Deposit, non-resident (40%)
AED 1,276,000
Monthly over 25 years at 3.7%
AED 13,051

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