1-bed · 779 sqftPier Point 1, Al Mina · 4th floor

401, Pier Point 1

Sold prices and rental history: sold once, by the developer in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 2.56M18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Pier Point 1

What is 401 worth today?

Last sold for AED 2,559,888 in 2024

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18 Oct 2024Sold by developerOff-plan
AED 2,559,888AED 3,285 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
4th of 9
Parking
1
Last sold
AED 2.56M · October 2024
Building
Pier Point 1

About 401, Pier Point 1

401 is a one-bedroom apartment of 779 sqft on the 4th floor of Pier Point 1, a 9-storey tower in Al Mina. The developer sold it on 18 October 2024 for AED 2,559,888, or AED 3,285 per sqft, 24% above the AED 2,652 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Pier Point 1
2.2M2.4M2.6M202420252026Typical sale price by year: 2024 AED 2,157,888; 2025 AED 2,200,000Sold by developer, October 2024: AED 2,559,888 (AED 3,285 per sqft)

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

1-beds in Pier Point 1, and where 401 sits

All 57 1-beds →

401 last sold in October 2024 at AED 3,285 per sqft, 24% above what one-beds in Pier Point 1 were fetching at the time (AED 2,652).

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 20251,945,888
10 Jan 20252,200,000
9 Jan 20252,404,888
16 Dec 20241,973,888
0 1-bed sales in the last 12 months

Pier Point 1

Building

113 apartments, 1-bed to 3-bed over 9 floors in Al Mina. 1 sold in the last 12 months.

Typical price per sqft
AED 2,275
Typical sale
AED 2.92M
Typical rent
Few contracts
Typical yield
Pier Point 1, Al Mina: prices, sales and rents →

Other units on the 4th floor

All 113 units in Pier Point 1
Value
4022-bedAED 3.81M · Nov 2024
4033-bedAED 5.04M · Nov 2024
4042-bedAED 2.93M · Oct 2024
4051-bedAED 1.97M · Nov 2024
4061-bedAED 1.95M · Nov 2024
4072-bedAED 2.92M · Oct 2024
4082-bedAED 3.04M · Oct 2024
1–7 of 13

401, Pier Point 1 in numbers

  • Sold once: by the developer on 18 October 2024 for AED 2,559,888, or AED 3,285 per sqft.

Source: Dubai Land Department. Updated 18 October 2024.

Questions about 401, Pier Point 1

What did unit 401 last sell for?

AED 2,559,888 on 18 October 2024, sold by the developer: AED 3,285 per sqft for 779 sqft. It is the only registered sale of the unit.

How big is unit 401?

779 sqft (72.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 401, Pier Point 1

Starts from the last sale price (AED 2.56M, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,559,888
Deposit, UAE resident (20%)
AED 511,978
Deposit, non-resident (40%)
AED 1,023,955
Monthly over 25 years at 3.7%
AED 10,473

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