3-bed · 1,583 sqftPark Point C, Dubai Hills Estate · 5th floor · completed 2020

503, Park Point C

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

Unit 503 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 3.15M26 July 2024
Current rentAED 178K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Park Point C

What is 503 worth today?

Last sold for AED 3,145,000 in 2024

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10 Oct 2024RentedNew contract
AED 178,348/yr5 months · AED 113 per sqft
26 Jul 2024SoldReady
AED 3,145,000AED 1,986 per sqft
10 Oct 2023RentedRenewal
AED 180,000/yr12 months · AED 114 per sqft
10 Oct 2022RentedNew contract
AED 180,000/yr12 months · AED 114 per sqft
22 Aug 2021RentedNew contract
AED 125,000/yr12 months · AED 79 per sqft
14 Jun 2021Sold by developerReady
AED 2,207,716AED 1,394 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
3-bed apartment
Size
1,583 sqft
Floor
5th of 8
Parking
G054 , T004
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 33,300 /yr
Last sold
AED 3.15M · July 2024
Building
Park Point C

About 503, Park Point C

503 is a three-bedroom apartment of 1,583 sqft on the 5th floor of Park Point C, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 26 July 2024 for AED 3,145,000, or AED 1,986 per sqft, in line with the AED 1,988 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 October 2024, is AED 178,348 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 33,300 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in Park Point C
2M3M201720202023Typical sale price by year: 2017 AED 1,950,388; 2019 AED 1,872,888; 2021 AED 2,011,866; 2022 AED 2,197,888; 2024 AED 3,150,000Sold by developer, June 2021: AED 2,207,716 (AED 1,394 per sqft)Sold, July 2024: AED 3,145,000 (AED 1,986 per sqft)

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

Rents
Unit 503, each contractTypical three-bed in Park Point C
150K200K2021202320252027Typical rent by year: 2021 AED 125,000; 2022 AED 130,000; 2023 AED 178,500; 2024 AED 195,000; 2025 AED 210,000; 2026 AED 182,500New contract, August 2021: AED 125,000 a yearNew contract, October 2022: AED 180,000 a yearRenewal, October 2023: AED 180,000 a yearNew contract, October 2024: AED 178,348 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 C, and where 503 sits

All 23 3-beds →

503 last sold in July 2024 at AED 1,986 per sqft, in line with what three-beds in Park Point C were fetching at the time (AED 1,988). 503's AED 178,348 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Apr 20252,900,000
10 Apr 20252,925,000
4 Dec 20243,395,000
1 Oct 20243,250,000
0 3-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 5th floor

All 108 units in Park Point C
Value
5011-bedAED 900K · Nov 2021
5022-bedAED 1.4M · Feb 2017
5043-bedAED 1.9M · Feb 2017
5052-bedAED 2M · Jul 2023
5062-bedAED 2.5M · Feb 2026
5072-bedAED 1.8M · May 2026
5081-bedAED 915K · Feb 2017
1–7 of 15

503, Park Point C in numbers

  • Sold twice: first on 14 June 2021 for AED 2,207,716, last on 26 July 2024 for AED 3,145,000 (AED 1,986 per sqft).
  • Rented since August 2021 on 4 Ejari contracts, from AED 125,000 to AED 178,348 a year.
  • At AED 178,348 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 33,300 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 503, Park Point C

What did unit 503 last sell for?

AED 3,145,000 on 26 July 2024: AED 1,986 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 2,207,716 in June 2021.

What is the rent for unit 503?

AED 178,348 a year on the contract signed on 10 October 2024. The previous contract, from October 2023, was AED 180,000; the unit has been rented since August 2021.

How big is unit 503?

1,583 sqft (147.1 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 503, Park Point C

Starts from the last sale price (AED 3.15M, 26 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,145,000
Deposit, UAE resident (20%)
AED 629,000
Deposit, non-resident (40%)
AED 1,258,000
Monthly over 25 years at 3.7%
AED 12,867

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