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1-bed · 700 sqftPark Point C, Dubai Hills Estate · 3rd floor · completed 2020

313, Park Point C

Sold prices and rental history: sold twice, last in August 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 26 August 2022
Last soldAED 960K23 August 2022
Current rentAED 60K /yr26 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313, Park Point C

What is 313 worth today?

Last sold for AED 960,000 in 2022

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26 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
23 Aug 2022SoldReady
AED 960,000AED 1,372 per sqft
15 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
27 Feb 2017Sold by developerOff-plan
AED 949,888AED 1,357 per sqft

Source: Dubai Land Department. Updated 26 August 2022.

Key facts

Type
1-bed apartment
Size
700 sqft
Floor
3rd of 8
Parking
P088
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 960K · August 2022
Building
Park Point C

About 313, Park Point C

313 is a one-bedroom apartment of 700 sqft on the 3rd floor of Park Point C, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 23 August 2022 for AED 960,000, or AED 1,372 per sqft, 10% above the AED 1,246 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 26 August 2022, is AED 60,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 14,700 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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 949,888 (AED 1,357 per sqft)Sold, August 2022: AED 960,000 (AED 1,372 per sqft)

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

Rents
Unit 313, 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, August 2021: AED 60,000 a yearNew contract, August 2022: AED 60,000 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 313 sits

All 56 1-beds →

313 last sold in August 2022 at AED 1,372 per sqft, 10% above what one-beds in Park Point C were fetching at the time (AED 1,246). 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. 313's AED 60,000 is at the bottom 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

313, Park Point C in numbers

  • Sold twice: first on 27 February 2017 for AED 949,888, last on 23 August 2022 for AED 960,000 (AED 1,372 per sqft).
  • Rented since August 2021 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 14,700 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 26 August 2022.

Questions about 313, Park Point C

What did unit 313 last sell for?

AED 960,000 on 23 August 2022: AED 1,372 per sqft for 700 sqft. The unit has 2 registered sales; the first was AED 949,888 in February 2017.

What is the rent for unit 313?

AED 60,000 a year on the contract signed on 26 August 2022. The previous contract, from August 2021, was AED 60,000.

How big is unit 313?

700 sqft (65.0 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2020.

What is unit 313 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 313, Park Point C

Starts from the last sale price (AED 960K, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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