2-bed · 1,022 sqftPark Point C, Dubai Hills Estate · 6th floor · completed 2020

602, Park Point C

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

Unit 602 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 2.25M23 February 2024
Current rentAED 90K /yr3 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Park Point C

What is 602 worth today?

Last sold for AED 2,250,000 in 2024

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23 Feb 2024SoldReady
AED 2,250,000AED 2,201 per sqft
3 Apr 2023RentedRenewal
AED 89,826/yr9 months · AED 88 per sqft
3 Apr 2022RentedNew contract
AED 90,000/yr12 months · AED 88 per sqft
10 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 88 per sqft
2 Feb 2017Sold by developerOff-plan
AED 1,401,888AED 1,371 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
2-bed apartment
Size
1,022 sqft
Floor
6th of 8
Parking
G081
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 21,500 /yr
Last sold
AED 2.25M · February 2024
Building
Park Point C

About 602, Park Point C

602 is a two-bedroom apartment of 1,022 sqft on the 6th 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 February 2024 for AED 2,250,000, or AED 2,201 per sqft, 12% above the AED 1,963 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 3 April 2023, is AED 89,826 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 21,500 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 1,401,888 (AED 1,371 per sqft)Sold, February 2024: AED 2,250,000 (AED 2,201 per sqft)

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

Rents
Unit 602, 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, October 2021: AED 90,000 a yearNew contract, April 2022: AED 90,000 a yearRenewal, April 2023: AED 89,826 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 602 sits

All 29 2-beds →

602 last sold in February 2024 at AED 2,201 per sqft, 12% above what two-beds in Park Point C were fetching at the time (AED 1,963). 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. 602's AED 89,826 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 6th floor

All 108 units in Park Point C
Value
6011-bedAED 961K · Dec 2016
6033-bedAED 3.15M · Mar 2024
6043-bedAED 2.95M · Jan 2024
6052-bedAED 1.44M · Jun 2022
6062-bedAED 2.6M · Mar 2026
6072-bedAED 1.99M · Mar 2024
6081-bedAED 917K · Feb 2017
1–7 of 15

602, Park Point C in numbers

  • Sold twice: first on 2 February 2017 for AED 1,401,888, last on 23 February 2024 for AED 2,250,000 (AED 2,201 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 90,000 to AED 89,826 a year.
  • At AED 89,826 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 21,500 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 23 February 2024.

Questions about 602, Park Point C

What did unit 602 last sell for?

AED 2,250,000 on 23 February 2024: AED 2,201 per sqft for 1,022 sqft. The unit has 2 registered sales; the first was AED 1,401,888 in February 2017.

What is the rent for unit 602?

AED 89,826 a year on the contract renewed on 3 April 2023. The previous contract, from April 2022, was AED 90,000; the unit has been rented since October 2021.

How big is unit 602?

1,022 sqft (94.9 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2020.

What is unit 602 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 602, Park Point C

Starts from the last sale price (AED 2.25M, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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