Park Point
✓ Resale Available

Park Point

From AED 2.45M·Completed May 2020·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 2.45M
Starting Price
May 2020
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Park Point is a residential development by Emaar Properties, a renowned developer in the UAE, located in the emerging Dubai Hills Estate, Mohammed Bin Rashid City. The project is presented as four separate nine- and ten-storey buildings: Park Point Building A, Park Point Building B, Park Point Building C and Park Point Building D. The collection of residences of the complex includes apartments with 1-3 bedrooms and duplexes. All apartments have a modern style, conveniently designed, made of high quality materials and equipped with built-in closets and wide balconies. Panoramic windows create maximum light space, and interior decoration in neutral tones allows each living space to seem more spacious. The main services and amenities offered to Park Point residents include: balconies and terraces in all apartments, views of the landscaped hills and park areas, swimming pool, hotel service, multifunctional lobby with reception and concierge, shopping and dining areas, children's play areas, gym and spa area, parks and recreation areas, parking, security and video surveillance. Conveniently located between the main streets of Sheikh Zayed Road and Al Khail Road, it is a quick drive to the city center. The Dubai Mall is approximately 18 minutes away, the Palm Jumeirah is 17 minutes away, the Burj Al Arab is 15 minutes away and The Walk JBR is 20 minutes away.

Project Specifications
DeveloperEmaar Properties
LocationDubai Hills
Unit Types2 BR, Apartments
AreaDubai Hills
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 105,718 / year
Cash-on-Cash
1.8%
Levered cashflow AED 24,868
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 159,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Park Point launch basis2,722AED 2.45MCurrent launch / asking basis
Dubai Hills ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Hills premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Park Point official render 1

Park Point official render 1

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Park Point official render 2

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Park Point official render 3

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Park Point official render 8

Park Point official render 8

Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Amenities & Lifestyle

Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Leisure areas
Lobby
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Yoga studio

Location

Dubai Hills

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai HillsDubai HillsDubai, UAE

Developer Track Record

01

Park Point by Emaar Properties

02

Located in Dubai Hills

03

Starting from AED 2,450,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: May 2020

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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