2-bed · 1,292 sqftPier Point 1, Al Mina · 5th floor

504, Pier Point 1

Sold prices and rental history: sold once, by the developer 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 504 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 2.94M5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Pier Point 1

What is 504 worth today?

Last sold for AED 2,937,888 in 2024

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5 Nov 2024Sold by developerOff-plan
AED 2,937,888AED 2,273 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
5th of 9
Parking
1
Last sold
AED 2.94M · November 2024
Building
Pier Point 1

About 504, Pier Point 1

504 is a two-bedroom apartment of 1,292 sqft on the 5th floor of Pier Point 1, a 9-storey tower in Al Mina. The developer sold it on 5 November 2024 for AED 2,937,888, or AED 2,273 per sqft, 5% below the AED 2,381 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Pier Point 1
3M202420252026Typical sale price by year: 2024 AED 3,065,388; 2025 AED 3,052,888Sold by developer, November 2024: AED 2,937,888 (AED 2,273 per sqft)

504 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 504 sits

All 49 2-beds →

504 last sold in November 2024 at AED 2,273 per sqft, 5% below what two-beds in Pier Point 1 were fetching at the time (AED 2,381). 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 5th floor

All 113 units in Pier Point 1
Value
5011-bedAED 2.76M · Nov 2024
5022-bedAED 4.16M · Nov 2024
5033-bedAED 5.49M · Nov 2024
5051-bedAED 1.97M · Dec 2024
5061-bedAED 1.95M · Oct 2024
5072-bedAED 2.92M · May 2026
5082-bedAED 3.07M · Oct 2024
1–7 of 13

504, Pier Point 1 in numbers

  • Sold once: by the developer on 5 November 2024 for AED 2,937,888, or AED 2,273 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 5 November 2024.

Questions about 504, Pier Point 1

What did unit 504 last sell for?

AED 2,937,888 on 5 November 2024, sold by the developer: AED 2,273 per sqft for 1,292 sqft. It is the only registered sale of the unit.

How big is unit 504?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 504 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.

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Mortgage on 504, Pier Point 1

Starts from the last sale price (AED 2.94M, 5 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,937,888
Deposit, UAE resident (20%)
AED 587,578
Deposit, non-resident (40%)
AED 1,175,155
Monthly over 25 years at 3.7%
AED 12,020

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