1-bed · 691 sqftPark Point C, Dubai Hills Estate · 5th floor · completed 2020

515, Park Point C

Sold prices and rental history: sold twice, last in October 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 3 May 2024
Last soldAED 638K30 October 2019
Current rentAED 90K /yr3 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Park Point C

What is 515 worth today?

Last sold for AED 638,000 in 2019

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3 May 2024RentedNew contract
AED 90,000/yr12 months · AED 131 per sqft
21 Feb 2023RentedRenewal
AED 65,000/yr12 months · AED 94 per sqft
21 Feb 2022RentedNew contract
AED 58,000/yr12 months · AED 84 per sqft
30 Oct 2019SoldOff-plan
AED 638,000AED 923 per sqft
28 Feb 2017Sold by developerOff-plan
AED 977,888AED 1,414 per sqft

Source: Dubai Land Department. Updated 3 May 2024.

Key facts

Type
1-bed apartment
Size
691 sqft
Floor
5th of 8
Parking
G223
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 14,500 /yr
Last sold
AED 638K · October 2019
Building
Park Point C

About 515, Park Point C

515 is a one-bedroom apartment of 691 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 30 October 2019 for AED 638,000, or AED 923 per sqft, 29% below the AED 1,301 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 3 May 2024, is AED 90,000 a year: a gross yield of 14.1% on the 2019 price, before the service charge of about AED 14,500 a year.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical one-bed in Park Point C
1M2016201920222025Typical 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 977,888 (AED 1,414 per sqft)Sold, October 2019: AED 638,000 (AED 923 per sqft)

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

Rents
Unit 515, 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, February 2022: AED 58,000 a yearRenewal, February 2023: AED 65,000 a yearNew contract, May 2024: AED 90,000 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 515 sits

All 56 1-beds →

515 last sold in October 2019 at AED 923 per sqft, 29% below what one-beds in Park Point C were fetching at the time (AED 1,301). 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. 515's AED 90,000 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 5th floor

All 108 units in Park Point C
Value
5011-bedAED 900K · Nov 2021
5022-bedAED 1.4M · Feb 2017
5033-bedAED 3.15M · Jul 2024
5043-bedAED 1.9M · Feb 2017
5052-bedAED 2M · Jul 2023
5062-bedAED 2.5M · Feb 2026
5072-bedAED 1.8M · May 2026
1–7 of 15

515, Park Point C in numbers

  • Sold twice: first on 28 February 2017 for AED 977,888, last on 30 October 2019 for AED 638,000 (AED 923 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 58,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 14.1%, 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 3 May 2024.

Questions about 515, Park Point C

What did unit 515 last sell for?

AED 638,000 on 30 October 2019: AED 923 per sqft for 691 sqft. The unit has 2 registered sales; the first was AED 977,888 in February 2017.

What is the rent for unit 515?

AED 90,000 a year on the contract signed on 3 May 2024. The previous contract, from February 2023, was AED 65,000; the unit has been rented since February 2022.

How big is unit 515?

691 sqft (64.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 515 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 515, Park Point C

Starts from the last sale price (AED 638K, 30 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 638,000
Deposit, UAE resident (20%)
AED 127,600
Deposit, non-resident (40%)
AED 255,200
Monthly over 25 years at 3.7%
AED 2,610

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