1-bed · 688 sqftPark Point C, Dubai Hills Estate · 3rd floor · completed 2020

309, Park Point C

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

Unit 309 · DLD and Ejari recordsUpdated 4 August 2023
Last soldAED 911K28 February 2017
Current rentAED 80K /yr4 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Park Point C

What is 309 worth today?

Last sold for AED 910,888 in 2017

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4 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
17 Mar 2023RentedRenewal
AED 50,670/yr2 months · AED 74 per sqft
17 Sep 2021RentedNew contract
AED 50,667/yr18 months · AED 74 per sqft
28 Feb 2017Sold by developerOff-plan
AED 910,888AED 1,324 per sqft

Source: Dubai Land Department. Updated 4 August 2023.

Key facts

Type
1-bed apartment
Size
688 sqft
Floor
3rd of 8
Parking
P033
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 14,500 /yr
Last sold
AED 911K · February 2017
Building
Park Point C

About 309, Park Point C

309 is a one-bedroom apartment of 688 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 910,888, or AED 1,324 per sqft, in line with the AED 1,333 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 4 August 2023, is AED 80,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 14,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Park Point C
1M1.25M2016201920222025Typical 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, February 2017: AED 910,888 (AED 1,324 per sqft)

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

Rents
Unit 309, 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, September 2021: AED 50,667 a yearRenewal, March 2023: AED 50,670 a yearNew contract, August 2023: AED 80,000 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 309 sits

All 56 1-beds →

309 last sold in February 2017 at AED 1,324 per sqft, in line with what one-beds in Park Point C were fetching at the time (AED 1,333). 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. 309's AED 80,000 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 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
3062-bedAED 1.43M · Feb 2017
3072-bedAED 1.22M · Apr 2020
1–7 of 15

309, Park Point C in numbers

  • Sold once: by Dubai Hills Estate on 28 February 2017 for AED 910,888, or AED 1,324 per sqft.
  • Rented since September 2021 on 3 Ejari contracts, from AED 50,667 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 14,500 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 4 August 2023.

Questions about 309, Park Point C

What did unit 309 last sell for?

AED 910,888 on 28 February 2017, sold by the developer: AED 1,324 per sqft for 688 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 80,000 a year on the contract signed on 4 August 2023. The previous contract, from March 2023, was AED 50,670; the unit has been rented since September 2021.

How big is unit 309?

688 sqft (63.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2020.

What is unit 309 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 309, Park Point C

Starts from the last sale price (AED 911K, 28 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 910,888
Deposit, UAE resident (20%)
AED 182,178
Deposit, non-resident (40%)
AED 364,355
Monthly over 25 years at 3.7%
AED 3,727

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