1-bed · 689 sqftPark Point C, Dubai Hills Estate · 8th floor · completed 2020

803, Park Point C

Sold prices and rental history: sold twice, last in October 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 6 October 2023
Last soldAED 1.2M6 October 2023
Current rentAED 60K /yr20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Park Point C

What is 803 worth today?

Last sold for AED 1,200,000 in 2023

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6 Oct 2023SoldReady
AED 1,200,000AED 1,742 per sqft
20 Dec 2022RentedRenewal
AED 60,000/yr12 months · AED 87 per sqft
20 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
16 Oct 2017Sold by developerOff-plan
AED 920,888AED 1,337 per sqft

Source: Dubai Land Department. Updated 6 October 2023.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
8th of 8
Parking
G080
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 14,500 /yr
Last sold
AED 1.2M · October 2023
Building
Park Point C

About 803, Park Point C

803 is a one-bedroom apartment of 689 sqft on the 8th floor of Park Point C, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 6 October 2023 for AED 1,200,000, or AED 1,742 per sqft, 10% above the AED 1,584 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 20 December 2022, is AED 60,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 14,500 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, October 2017: AED 920,888 (AED 1,337 per sqft)Sold, October 2023: AED 1,200,000 (AED 1,742 per sqft)

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

Rents
Unit 803, 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, December 2021: AED 55,000 a yearRenewal, December 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 803 sits

All 56 1-beds →

803 last sold in October 2023 at AED 1,742 per sqft, 10% above what one-beds in Park Point C were fetching at the time (AED 1,584). 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. 803'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 8th floor

All 108 units in Park Point C
Value
8013-bedAED 2.8M · Mar 2024
8022-bedAED 1.22M · Aug 2017
8041-bedAED 900K · Apr 2021
8053-bedAED 1.95M · Jun 2019
8063-bedAED 2.2M · Nov 2022

803, Park Point C in numbers

  • Sold twice: first on 16 October 2017 for AED 920,888, last on 6 October 2023 for AED 1,200,000 (AED 1,742 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.0%, 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 6 October 2023.

Questions about 803, Park Point C

What did unit 803 last sell for?

AED 1,200,000 on 6 October 2023: AED 1,742 per sqft for 689 sqft. The unit has 2 registered sales; the first was AED 920,888 in October 2017.

What is the rent for unit 803?

AED 60,000 a year on the contract renewed on 20 December 2022. The previous contract, from December 2021, was AED 55,000.

How big is unit 803?

689 sqft (64.0 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2020.

What is unit 803 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 803, Park Point C

Starts from the last sale price (AED 1.2M, 6 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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