2-bed · 529 sqftPark Point D, Dubai Hills Estate · 7th floor · completed 2020

702, Park Point D

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 1.43M27 July 2017
Current rentAED 160K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Park Point D

What is 702 worth today?

Last sold for AED 1,427,888 in 2017

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5 Nov 2024RentedRenewal
AED 160,000/yr12 months · AED 148 per sqft
5 Nov 2023RentedNew contract
AED 160,000/yr12 months · AED 148 per sqft
18 Oct 2022RentedRenewal
AED 76,000/yr12 months · AED 70 per sqft
18 Oct 2021RentedNew contract
AED 76,000/yr12 months · AED 70 per sqft
27 Jul 2017Sold by developerOff-plan
AED 1,427,888AED 1,323 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
2-bed apartment
Size
529 sqft
Floor
7th of 9
Parking
P014
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 11,100 /yr
Last sold
AED 1.43M · July 2017
Building
Park Point D

About 702, Park Point D

702 is a two-bedroom apartment of 529 sqft on the 7th 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 27 July 2017 for AED 1,427,888, or AED 1,323 per sqft, 9% above the AED 1,214 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 160,000 a year: a gross yield of 11.2% on the 2017 price, before the service charge of about AED 11,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Park Point D
2M2017202020232026Typical sale price by year: 2017 AED 1,435,388; 2018 AED 1,234,888; 2019 AED 1,773,759; 2021 AED 1,331,500; 2022 AED 1,530,000; 2023 AED 2,020,000; 2024 AED 2,070,000; 2025 AED 2,512,500Sold by developer, July 2017: AED 1,427,888 (AED 1,323 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Park Point D
100K150K2021202320252027Typical rent by year: 2021 AED 75,500; 2022 AED 80,000; 2023 AED 125,400; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 130,000New contract, October 2021: AED 76,000 a yearRenewal, October 2022: AED 76,000 a yearNew contract, November 2023: AED 160,000 a yearRenewal, November 2024: AED 160,000 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 D, and where 702 sits

All 25 2-beds →

702 last sold in July 2017 at AED 1,323 per sqft, 9% above what two-beds in Park Point D were fetching at the time (AED 1,214). Over the last 12 months two-beds sold for AED 1,950,000, around AED 1,925 per sqft, and rent for AED 75,000 to 165,000 a year. 702's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jun 20261,950,000
12 Sep 20252,773,444
13 Aug 20252,300,000
12 Jun 20252,270,000
1 2-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 7th floor

All 80 units in Park Point D
Value
7012-bedAED 2.67M · Mar 2025
7033-bedAED 2.52M · Jan 2022
7041-bedAED 921K · Jul 2017
7051-bedAED 916K · Sep 2017
7062-bedAED 1.22M · Jul 2017
7073-bedAED 1.95M · Nov 2020
7083-bedAED 2.1M · Dec 2021
1–7 of 8

702, Park Point D in numbers

  • Sold once: by Dubai Hills Estate on 27 July 2017 for AED 1,427,888, or AED 1,323 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 76,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2017 price is 11.2%, before a service charge of about AED 11,100 a year (AED 21.01 per sqft).
  • Two-beds in Park Point D sold for AED 1,950,000–1,950,000 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 5 November 2024.

Questions about 702, Park Point D

What did unit 702 last sell for?

AED 1,427,888 on 27 July 2017, sold by the developer: AED 1,323 per sqft for 529 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 160,000 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 160,000; the unit has been rented since October 2021.

How big is unit 702?

529 sqft (49.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2020.

What is unit 702 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 D sold for AED 1,950,000 to 1,950,000 in the last 12 months, around AED 1,925 per sqft.

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Mortgage on 702, Park Point D

Starts from the last sale price (AED 1.43M, 27 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,427,888
Deposit, UAE resident (20%)
AED 285,578
Deposit, non-resident (40%)
AED 571,155
Monthly over 25 years at 3.7%
AED 5,842

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