2-bed · 1,198 sqftClearpoint 1, Al Mina · 5th floor

507, Clearpoint 1

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 2.35M31 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Clearpoint 1

What is 507 worth today?

Last sold for AED 2,346,888 in 2023

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31 Oct 2023Sold by developerOff-plan
AED 2,346,888AED 1,959 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
5th of 10
Parking
1
Developer
Mina Rashid Properties
Last sold
AED 2.35M · October 2023
Building
Clearpoint 1

About 507, Clearpoint 1

507 is a two-bedroom apartment of 1,198 sqft on the 5th floor of Clearpoint 1, a 10-storey tower in Al Mina by Mina Rashid Properties . The developer sold it on 31 October 2023 for AED 2,346,888, or AED 1,959 per sqft, 16% above the AED 1,696 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, 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, October 2023: AED 2,346,888 (AED 1,959 per sqft)

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

2-beds in Clearpoint 1, and where 507 sits

All 68 2-beds →

507 last sold in October 2023 at AED 1,959 per sqft, 16% above what two-beds in Clearpoint 1 were fetching at the time (AED 1,696). 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 5th floor

All 162 units in Clearpoint 1
Value
5011-bedAED 1.67M · Nov 2023
5022-bedAED 2.37M · Oct 2023
5031-bedAED 1.62M · Oct 2023
5042-bedAED 2.28M · Oct 2023
5052-bedAED 2.32M · Oct 2023
5061-bedAED 1.55M · Jan 2024
5081-bedAED 1.55M · Oct 2023
1–7 of 21

507, Clearpoint 1 in numbers

  • Sold once: by Mina Rashid Properties on 31 October 2023 for AED 2,346,888, or AED 1,959 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 31 October 2023.

Questions about 507, Clearpoint 1

What did unit 507 last sell for?

AED 2,346,888 on 31 October 2023, sold by the developer: AED 1,959 per sqft for 1,198 sqft. It is the only registered sale of the unit.

How big is unit 507?

1,198 sqft (111.3 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.

What is unit 507 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 507, Clearpoint 1

Starts from the last sale price (AED 2.35M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,346,888
Deposit, UAE resident (20%)
AED 469,378
Deposit, non-resident (40%)
AED 938,755
Monthly over 25 years at 3.7%
AED 9,602

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