2-bed · 1,198 sqftClearpoint 1, Al Mina · 4th floor

407, Clearpoint 1

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.35M1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Clearpoint 1

What is 407 worth today?

Last sold for AED 2,350,000 in 2024

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1 Nov 2024SoldOff-plan
AED 2,350,000AED 1,962 per sqft
7 Dec 2023Sold by developerOff-plan
AED 2,342,888AED 1,956 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
4th of 10
Parking
1
Developer
Mina Rashid Properties
Last sold
AED 2.35M · November 2024
Building
Clearpoint 1

About 407, Clearpoint 1

407 is a two-bedroom apartment of 1,198 sqft on the 4th floor of Clearpoint 1, a 10-storey tower in Al Mina by Mina Rashid Properties . It last sold on 1 November 2024 for AED 2,350,000, or AED 1,962 per sqft, 9% above the AED 1,797 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Clearpoint 1
2.3M2.35M2.4M20232024202520262027Typical sale price by year: 2023 AED 2,326,388; 2024 AED 2,300,888; 2026 AED 2,384,888Sold by developer, December 2023: AED 2,342,888 (AED 1,956 per sqft)Sold, November 2024: AED 2,350,000 (AED 1,962 per sqft)

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

2-beds in Clearpoint 1, and where 407 sits

All 68 2-beds →

407 last sold in November 2024 at AED 1,962 per sqft, 9% above what two-beds in Clearpoint 1 were fetching at the time (AED 1,797). Over the last 12 months two-beds sold for AED 2,244,888 to 2,397,888, around AED 1,792 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,397,888
23 Jul 20262,244,888
10 Jun 20262,384,888
29 Sep 20252,380,888
3 2-bed sales in the last 12 months

Clearpoint 1

Building

162 apartments, 1-bed to 3-bed over 10 floors in Al Mina by Mina Rashid Properties . 8 sold in the last 12 months.

Typical price per sqft
AED 1,923
Typical sale
AED 2.39M
Typical rent
Few contracts
Typical yield
Clearpoint 1, Al Mina: prices, sales and rents →

Other units on the 4th floor

All 162 units in Clearpoint 1
Value
4011-bedAED 1.7M · Nov 2023
4022-bedAED 2.39M · Oct 2023
4031-bedAED 1.62M · Oct 2023
4042-bedAED 2.3M · Nov 2023
4052-bedAED 2.31M · Oct 2023
4061-bedAED 1.55M · Oct 2023
4081-bedAED 1.55M · Oct 2023
1–7 of 21

407, Clearpoint 1 in numbers

  • Sold twice: first on 7 December 2023 for AED 2,342,888, last on 1 November 2024 for AED 2,350,000 (AED 1,962 per sqft).
  • Two-beds in Clearpoint 1 sold for AED 2,244,888–2,397,888 in the 12 months to November 2026; the building's median across all types is AED 1,923 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 407, Clearpoint 1

What did unit 407 last sell for?

AED 2,350,000 on 1 November 2024: AED 1,962 per sqft for 1,198 sqft. The unit has 2 registered sales; the first was AED 2,342,888 in December 2023.

How big is unit 407?

1,198 sqft (111.3 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Clearpoint 1 sold for AED 2,244,888 to 2,397,888 in the last 12 months, around AED 1,792 per sqft.

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Mortgage on 407, Clearpoint 1

Starts from the last sale price (AED 2.35M, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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