1-bed · 923 sqftPark Point C, Dubai Hills Estate · 1st floor · completed 2020

112, Park Point C

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

Unit 112 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 1.45M29 May 2024
Current rentAED 63K /yr7 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Park Point C

What is 112 worth today?

Last sold for AED 1,450,000 in 2024

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29 May 2024SoldReady
AED 1,450,000AED 1,571 per sqft
7 Oct 2023RentedRenewal
AED 63,179/yr5 months · AED 68 per sqft
7 Oct 2022RentedNew contract
AED 63,600/yr12 months · AED 69 per sqft
7 Oct 2021RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
30 Jul 2019Sold by developerOff-plan
AED 1,197,888AED 1,298 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
1st of 8
Parking
P068
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 19,400 /yr
Last sold
AED 1.45M · May 2024
Building
Park Point C

About 112, Park Point C

112 is a one-bedroom apartment of 923 sqft on the 1st floor of Park Point C, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 29 May 2024 for AED 1,450,000, or AED 1,571 per sqft, 9% below the AED 1,733 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 7 October 2023, is AED 63,179 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 19,400 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical one-bed in Park Point C
1M1.5M2016201920222025Typical sale price by year: 2016 AED 923,388; 2017 AED 935,388; 2018 AED 922,888; 2019 AED 938,888; 2021 AED 837,500; 2022 AED 955,000; 2023 AED 1,100,000; 2024 AED 1,313,000Sold by developer, July 2019: AED 1,197,888 (AED 1,298 per sqft)Sold, May 2024: AED 1,450,000 (AED 1,571 per sqft)

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

Rents
Unit 112, each contractTypical one-bed in Park Point C
60K80K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 55,000; 2023 AED 61,500; 2024 AED 89,175; 2025 AED 90,000; 2026 AED 92,000New contract, October 2021: AED 60,000 a yearNew contract, October 2022: AED 63,600 a yearRenewal, October 2023: AED 63,179 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Park Point C, and where 112 sits

All 56 1-beds →

112 last sold in May 2024 at AED 1,571 per sqft, 9% below what one-beds in Park Point C were fetching at the time (AED 1,733). Over the last 12 months one-beds sold for AED 1,300,000 to 1,600,000, around AED 2,087 per sqft, and rent for AED 63,000 to 125,000 a year. 112's AED 63,179 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,300,000
30 Jul 202619,211
27 Jul 202613,886
18 Mar 20261,600,000
6 1-bed sales in the last 12 months

Park Point C

Building

108 apartments, 1-bed to 3-bed over 8 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 12 sold in the last 12 months.

Typical price per sqft
AED 2,070
Typical sale
AED 1.93M
Typical rent
AED 100K /yr
Typical yield
6.4%
Park Point C, Dubai Hills Estate: prices, sales and rents →

Other units on the 1st floor

All 108 units in Park Point C
Value
1013-bedAED 2M · Jan 2017
1022-bedAED 2M · Jul 2024
1031-bedAED 908K · Feb 2017
1041-bedAED 908K · Feb 2017
1051-bedAED 907K · Feb 2017
1061-bedAED 918K · Feb 2017
1073-bedAED 2.4M · Oct 2023
1–7 of 15

112, Park Point C in numbers

  • Sold twice: first on 30 July 2019 for AED 1,197,888, last on 29 May 2024 for AED 1,450,000 (AED 1,571 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 60,000 to AED 63,179 a year.
  • At AED 63,179 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 19,400 a year (AED 21.01 per sqft).
  • One-beds in Park Point C sold for AED 1,300,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,070 per sqft.

Source: Dubai Land Department. Updated 29 May 2024.

Questions about 112, Park Point C

What did unit 112 last sell for?

AED 1,450,000 on 29 May 2024: AED 1,571 per sqft for 923 sqft. The unit has 2 registered sales; the first was AED 1,197,888 in July 2019.

What is the rent for unit 112?

AED 63,179 a year on the contract renewed on 7 October 2023. The previous contract, from October 2022, was AED 63,600; the unit has been rented since October 2021.

How big is unit 112?

923 sqft (85.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2020.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Point C sold for AED 1,300,000 to 1,600,000 in the last 12 months, around AED 2,087 per sqft.

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Mortgage on 112, Park Point C

Starts from the last sale price (AED 1.45M, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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