3-bed · 1,355 sqftPark Point B, Dubai Hills Estate · 7th floor · completed 2020

703, Park Point B

Sold prices and rental history: sold twice, last in July 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 2M6 July 2022
Current rentAED 249K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Park Point B

What is 703 worth today?

Last sold for AED 2,000,000 in 2022

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15 Sep 2024RentedNew contract
AED 249,307/yr12 months · AED 185 per sqft
31 Jul 2023RentedNew contract
AED 200,000/yr12 months · AED 148 per sqft
6 Jul 2022SoldReady
AED 2,000,000AED 1,475 per sqft
30 May 2019Sold by developerOff-plan
AED 1,792,888AED 1,322 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
3-bed apartment
Size
1,355 sqft
Floor
7th of 8
Parking
G136 , T020
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 28,500 /yr
Last sold
AED 2M · July 2022
Building
Park Point B

About 703, Park Point B

703 is a three-bedroom apartment of 1,355 sqft on the 7th floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 6 July 2022 for AED 2,000,000, or AED 1,475 per sqft, 3% above the AED 1,430 three-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 September 2024, is AED 249,307 a year: a gross yield of 12.5% on the 2022 price, before the service charge of about AED 28,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, May 2019: AED 1,792,888 (AED 1,322 per sqft)Sold, July 2022: AED 2,000,000 (AED 1,475 per sqft)

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

Rents
Unit 703, 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 2023: AED 200,000 a yearNew contract, September 2024: AED 249,307 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 703 sits

All 39 3-beds →

703 last sold in July 2022 at AED 1,475 per sqft, 3% above what three-beds in Park Point B were fetching at the time (AED 1,430). 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. 703's AED 249,307 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 7th floor

All 94 units in Park Point B
Value
7013-bedAED 1.75M · Mar 2019
7023-bedAED 2.45M · Mar 2022
7042-bedAED 1.14M · Mar 2019
7052-bedAED 1.68M · Apr 2019
7062-bedAED 1.38M · Jul 2019
7073-bedAED 2.95M · Jan 2025
7083-bedAED 3.2M · Oct 2024
1–7 of 9

703, Park Point B in numbers

  • Sold twice: first on 30 May 2019 for AED 1,792,888, last on 6 July 2022 for AED 2,000,000 (AED 1,475 per sqft).
  • Rented since July 2023 on 2 Ejari contracts, from AED 200,000 to AED 249,307 a year.
  • At AED 249,307 a year the gross yield on the 2022 price is 12.5%, 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 September 2024.

Questions about 703, Park Point B

What did unit 703 last sell for?

AED 2,000,000 on 6 July 2022: AED 1,475 per sqft for 1,355 sqft. The unit has 2 registered sales; the first was AED 1,792,888 in May 2019.

What is the rent for unit 703?

AED 249,307 a year on the contract signed on 15 September 2024. The previous contract, from July 2023, was AED 200,000.

How big is unit 703?

1,355 sqft (125.9 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.

What is unit 703 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 703, Park Point B

Starts from the last sale price (AED 2M, 6 July 2022). 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 →