2-bed · 1,373 sqftClearpoint 1, Al Mina · 5th floor

516, Clearpoint 1

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

Unit 516 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 2.32M15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Clearpoint 1

What is 516 worth today?

Last sold for AED 2,318,888 in 2023

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15 Nov 2023Sold by developerOff-plan
AED 2,318,888AED 1,688 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
2-bed apartment
Size
1,373 sqft
Floor
5th of 10
Parking
1
Developer
Mina Rashid Properties
Last sold
AED 2.32M · November 2023
Building
Clearpoint 1

About 516, Clearpoint 1

516 is a two-bedroom apartment of 1,373 sqft on the 5th floor of Clearpoint 1, a 10-storey tower in Al Mina by Mina Rashid Properties . The developer sold it on 15 November 2023 for AED 2,318,888, or AED 1,688 per sqft, in line with the AED 1,700 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, 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, November 2023: AED 2,318,888 (AED 1,688 per sqft)

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

2-beds in Clearpoint 1, and where 516 sits

All 68 2-beds →

516 last sold in November 2023 at AED 1,688 per sqft, in line with what two-beds in Clearpoint 1 were fetching at the time (AED 1,700). 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
5072-bedAED 2.35M · Oct 2023
1–7 of 21

516, Clearpoint 1 in numbers

  • Sold once: by Mina Rashid Properties on 15 November 2023 for AED 2,318,888, or AED 1,688 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 15 November 2023.

Questions about 516, Clearpoint 1

What did unit 516 last sell for?

AED 2,318,888 on 15 November 2023, sold by the developer: AED 1,688 per sqft for 1,373 sqft. It is the only registered sale of the unit.

How big is unit 516?

1,373 sqft (127.6 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.

What is unit 516 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 516, Clearpoint 1

Starts from the last sale price (AED 2.32M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,318,888
Deposit, UAE resident (20%)
AED 463,778
Deposit, non-resident (40%)
AED 927,555
Monthly over 25 years at 3.7%
AED 9,487

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