3-bed · 1,626 sqftPark Point D, Dubai Hills Estate · 5th floor · completed 2020

509, Park Point D

Sold prices and rental history: sold twice, last in March 2024, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 3.15M12 March 2024
Current rentAED 152K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Park Point D

What is 509 worth today?

Last sold for AED 3,150,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Mar 2024SoldReady
AED 3,150,000AED 1,937 per sqft
15 Jan 2022RentedNew contract
AED 152,000/yr12 months · AED 94 per sqft
16 Dec 2021Sold by developerReady
AED 2,279,888AED 1,402 per sqft

Source: Dubai Land Department. Updated 12 March 2024.

Key facts

Type
3-bed apartment
Size
1,626 sqft
Floor
5th of 9
Parking
G044 , T014
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 34,200 /yr
Last sold
AED 3.15M · March 2024
Building
Park Point D

About 509, Park Point D

509 is a three-bedroom apartment of 1,626 sqft on the 5th floor of Park Point D, a 9-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 12 March 2024 for AED 3,150,000, or AED 1,937 per sqft, in line with the AED 1,937 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2022. The current contract, signed on 15 January 2022, is AED 152,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 34,200 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, December 2021: AED 2,279,888 (AED 1,402 per sqft)Sold, March 2024: AED 3,150,000 (AED 1,937 per sqft)

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

Rents
Unit 509, 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 200,000New contract, January 2022: AED 152,000 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 D, and where 509 sits

All 25 3-beds →

509 last sold in March 2024 at AED 1,937 per sqft, in line with what three-beds in Park Point D were fetching at the time (AED 1,937). 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. 509's AED 152,000 is at the bottom of that range.

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

509, Park Point D in numbers

  • Sold twice: first on 16 December 2021 for AED 2,279,888, last on 12 March 2024 for AED 3,150,000 (AED 1,937 per sqft).
  • Rented since January 2022 on one Ejari contract, at AED 152,000 a year.
  • At AED 152,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 34,200 a year (AED 21.01 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 12 March 2024.

Questions about 509, Park Point D

What did unit 509 last sell for?

AED 3,150,000 on 12 March 2024: AED 1,937 per sqft for 1,626 sqft. The unit has 2 registered sales; the first was AED 2,279,888 in December 2021.

What is the rent for unit 509?

AED 152,000 a year on the contract signed on 15 January 2022.

How big is unit 509?

1,626 sqft (151.1 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2020.

What is unit 509 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.

Selling 509? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 509, Park Point D

Starts from the last sale price (AED 3.15M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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