2-bed · 1,129 sqftPark Point C, Dubai Hills Estate · 3rd floor · completed 2020

306, Park Point C

Sold prices and rental history: sold once, by the developer in February 2017, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 1.43M28 February 2017
Current rentAED 75K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Park Point C

What is 306 worth today?

Last sold for AED 1,434,888 in 2017

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1 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
28 Feb 2017Sold by developerOff-plan
AED 1,434,888AED 1,271 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
3rd of 8
Parking
P029
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 23,700 /yr
Last sold
AED 1.43M · February 2017
Building
Park Point C

About 306, Park Point C

306 is a two-bedroom apartment of 1,129 sqft on the 3rd floor of Park Point C, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. The developer sold it on 28 February 2017 for AED 1,434,888, or AED 1,271 per sqft, 6% below the AED 1,356 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2021. The current contract, signed on 1 December 2021, is AED 75,000 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 23,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Park Point C
1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,400,888; 2019 AED 1,407,888; 2024 AED 2,150,000; 2026 AED 2,050,000Sold by developer, February 2017: AED 1,434,888 (AED 1,271 per sqft)

306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, each contractTypical two-bed in Park Point C
100K150K2021202320252027Typical rent by year: 2021 AED 80,000; 2022 AED 85,000; 2023 AED 105,000; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 140,000New contract, December 2021: AED 75,000 a year

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

2-beds in Park Point C, and where 306 sits

All 29 2-beds →

306 last sold in February 2017 at AED 1,271 per sqft, 6% below what two-beds in Park Point C were fetching at the time (AED 1,356). Over the last 12 months two-beds sold for AED 1,700,000 to 2,600,000, around AED 2,070 per sqft, and rent for AED 92,000 to 173,000 a year. 306's AED 75,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,700,000
28 Oct 20262,050,000
6 May 20261,800,000
9 Mar 20262,600,000
6 2-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 3rd floor

All 108 units in Park Point C
Value
3011-bedAED 845K · Mar 2022
3022-bedAED 1.39M · Feb 2017
3033-bedAED 3.25M · Oct 2024
3043-bedNo registered sale
3052-bedAED 1.38M · Feb 2017
3072-bedAED 1.22M · Apr 2020
3081-bedAED 911K · Feb 2017
1–7 of 15

306, Park Point C in numbers

  • Sold once: by Dubai Hills Estate on 28 February 2017 for AED 1,434,888, or AED 1,271 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 5.2%, before a service charge of about AED 23,700 a year (AED 21.01 per sqft).
  • Two-beds in Park Point C sold for AED 1,700,000–2,600,000 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 1 December 2021.

Questions about 306, Park Point C

What did unit 306 last sell for?

AED 1,434,888 on 28 February 2017, sold by the developer: AED 1,271 per sqft for 1,129 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 75,000 a year on the contract signed on 1 December 2021.

How big is unit 306?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2020.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Point C sold for AED 1,700,000 to 2,600,000 in the last 12 months, around AED 2,070 per sqft.

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Mortgage on 306, Park Point C

Starts from the last sale price (AED 1.43M, 28 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,434,888
Deposit, UAE resident (20%)
AED 286,978
Deposit, non-resident (40%)
AED 573,955
Monthly over 25 years at 3.7%
AED 5,871

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