3-bed · 1,638 sqftPark Point D, Dubai Hills Estate · 5th floor · completed 2020

508, Park Point D

Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 3 September 2019
Last soldAED 1.91M3 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Park Point D

What is 508 worth today?

Last sold for AED 1,911,888 in 2019

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3 Sep 2019Sold by developerOff-plan
AED 1,911,888AED 1,167 per sqft

Source: Dubai Land Department. Updated 3 September 2019.

Key facts

Type
3-bed apartment
Size
1,638 sqft
Floor
5th of 9
Parking
P009 , TP02
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 34,400 /yr
Last sold
AED 1.91M · September 2019
Building
Park Point D

About 508, Park Point D

508 is a three-bedroom apartment of 1,638 sqft on the 5th floor of Park Point D, a 9-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. The developer sold it on 3 September 2019 for AED 1,911,888, or AED 1,167 per sqft, in line with the AED 1,197 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical three-bed in Park Point D
2M3M20172019202120232025Typical sale price by year: 2017 AED 1,907,888; 2019 AED 1,940,888; 2021 AED 2,104,857; 2022 AED 2,373,519; 2023 AED 2,700,000; 2024 AED 3,270,000Sold by developer, September 2019: AED 1,911,888 (AED 1,167 per sqft)

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

Rents
Unit 508, each contractTypical three-bed in Park Point D
100K150K200K2021202320252027Typical rent by year: 2021 AED 110,000; 2022 AED 152,000; 2023 AED 167,500; 2024 AED 208,750; 2025 AED 220,000; 2026 AED 200,000

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 D, and where 508 sits

All 25 3-beds →

508 last sold in September 2019 at AED 1,167 per sqft, in line with what three-beds in Park Point D were fetching at the time (AED 1,197). Over the last 12 months three-beds sold for AED 3,800,000, around AED 1,987 per sqft, and rent for AED 190,000 to 300,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Mar 20263,800,000
8 Nov 20243,500,000
17 Jul 20243,050,000
20 May 20243,300,000
1 3-bed sale in the last 12 months

Park Point D

Building

80 apartments, 1-bed to 3-bed over 9 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 2 sold in the last 12 months.

Typical price per sqft
AED 1,956
Typical sale
AED 2.88M
Typical rent
AED 114K /yr
Typical yield
6.5%
Park Point D, Dubai Hills Estate: prices, sales and rents →

Other units on the 5th floor

All 80 units in Park Point D
Value
5011-bedAED 1.1M · Feb 2022
5021-bedAED 1.03M · Jul 2018
5031-bedAED 1.03M · Jul 2018
5043-bedAED 2.53M · Jan 2022
5051-bedAED 917K · Jul 2018
5061-bedAED 913K · Aug 2017
5072-bedAED 1.95M · Jun 2026
1–7 of 9

508, Park Point D in numbers

  • Sold once: by Dubai Hills Estate on 3 September 2019 for AED 1,911,888, or AED 1,167 per sqft.
  • Three-beds in Park Point D sold for AED 3,800,000–3,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,956 per sqft.

Source: Dubai Land Department. Updated 3 September 2019.

Questions about 508, Park Point D

What did unit 508 last sell for?

AED 1,911,888 on 3 September 2019, sold by the developer: AED 1,167 per sqft for 1,638 sqft. It is the only registered sale of the unit.

How big is unit 508?

1,638 sqft (152.2 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2020.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Point D sold for AED 3,800,000 to 3,800,000 in the last 12 months, around AED 1,987 per sqft.

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Mortgage on 508, Park Point D

Starts from the last sale price (AED 1.91M, 3 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,911,888
Deposit, UAE resident (20%)
AED 382,378
Deposit, non-resident (40%)
AED 764,755
Monthly over 25 years at 3.7%
AED 7,822

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