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2-bed · 1,284 sqftPier Point 1, Al Mina · 4th floor

408, 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 408 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 3.04M10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Pier Point 1

What is 408 worth today?

Last sold for AED 3,042,888 in 2024

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10 Oct 2024Sold by developerOff-plan
AED 3,042,888AED 2,370 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,284 sqft
Floor
4th of 9
Parking
1
Last sold
AED 3.04M · October 2024
Building
Pier Point 1

About 408, Pier Point 1

408 is a two-bedroom apartment of 1,284 sqft on the 4th floor of Pier Point 1, a 9-storey tower in Al Mina. The developer sold it on 10 October 2024 for AED 3,042,888, or AED 2,370 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Pier Point 1
3.04M3.06M202420252026Typical sale price by year: 2024 AED 3,065,388; 2025 AED 3,052,888Sold by developer, October 2024: AED 3,042,888 (AED 2,370 per sqft)

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

2-beds in Pier Point 1, and where 408 sits

All 49 2-beds →

Over the last 12 months two-beds sold for AED 2,923,888, around AED 2,275 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
1 May 20262,923,888
10 Jul 20254,248,888
27 Feb 20252,942,888
19 Feb 20253,052,888
1 2-bed sale 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
4011-bedAED 2.56M · Oct 2024
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
1–7 of 13

408, Pier Point 1 in numbers

  • Sold once: by the developer on 10 October 2024 for AED 3,042,888, or AED 2,370 per sqft.
  • Two-beds in Pier Point 1 sold for AED 2,923,888–2,923,888 in the 12 months to November 2026; the building's median across all types is AED 2,275 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 408, Pier Point 1

What did unit 408 last sell for?

AED 3,042,888 on 10 October 2024, sold by the developer: AED 2,370 per sqft for 1,284 sqft. It is the only registered sale of the unit.

How big is unit 408?

1,284 sqft (119.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Pier Point 1 sold for AED 2,923,888 to 2,923,888 in the last 12 months, around AED 2,275 per sqft.

Selling 408? Put it on the OpenOffers board

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Mortgage on 408, Pier Point 1

Starts from the last sale price (AED 3.04M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,042,888
Deposit, UAE resident (20%)
AED 608,578
Deposit, non-resident (40%)
AED 1,217,155
Monthly over 25 years at 3.7%
AED 12,449

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