508, 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.
Property timeline for 508, Pier Point 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 18 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,284 sqft
- Floor
- 5th of 9
- Parking
- 1
- Last sold
- AED 3.07M · October 2024
- Building
- Pier Point 1
About 508, Pier Point 1
508 is a two-bedroom apartment of 1,284 sqft on the 5th floor of Pier Point 1, a 9-storey tower in Al Mina. The developer sold it on 18 October 2024 for AED 3,068,888, or AED 2,391 per sqft, in line with the AED 2,370 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 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 508 sits
All 49 2-beds →508 last sold in October 2024 at AED 2,391 per sqft, in line with what two-beds in Pier Point 1 were fetching at the time (AED 2,370). Over the last 12 months two-beds sold for AED 2,923,888, around AED 2,275 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20261 May 2026 | 1,285 sqft | 2,923,888 | 2,275 | ||
| 10 Jul 202510 July 2025 | 1,280 sqft | 4,248,888 | 3,320 | ||
| 27 Feb 202527 February 2025 | 1,292 sqft | 2,942,888 | 2,277 | ||
| 19 Feb 202519 February 2025 | 1,285 sqft | 3,052,888 | 2,376 |
Pier Point 1
Building113 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
Other units on the 5th floor
All 113 units in Pier Point 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 779 sqft | AED 2.76MAED 2,761,888 · Nov 2024November 2024 | ||
| 502 | 2-bed | 1,214 sqft | AED 4.16MAED 4,155,888 · Nov 2024November 2024 | ||
| 503 | 3-bed | 1,672 sqft | AED 5.49MAED 5,487,888 · Nov 2024November 2024 | ||
| 504 | 2-bed | 1,292 sqft | AED 2.94MAED 2,937,888 · Nov 2024November 2024 | ||
| 505 | 1-bed | 780 sqft | AED 1.97MAED 1,973,888 · Dec 2024December 2024 | ||
| 506 | 1-bed | 774 sqft | AED 1.95MAED 1,952,888 · Oct 2024October 2024 | ||
| 507 | 2-bed | 1,285 sqft | AED 2.92MAED 2,923,888 · May 2026May 2026 | ||
| 509 | 1-bed | 802 sqft | AED 2.23MAED 2,233,888 · Oct 2024October 2024 | ||
| 510 | 1-bed | 810 sqft | AED 2.31MAED 2,311,888 · Oct 2024October 2024 | ||
| 511 | 2-bed | 1,288 sqft | AED 4.53MAED 4,533,888 · Oct 2024October 2024 | ||
| 512 | 2-bed | 1,280 sqft | AED 4.5MAED 4,498,888 · Oct 2024October 2024 | ||
| 513 | 1-bed | 804 sqft | AED 2.49MAED 2,493,888 · Nov 2024November 2024 | ||
| 514 | 1-bed | 804 sqft | AED 2.44MAED 2,442,888 · Oct 2024October 2024 |
508, Pier Point 1 in numbers
- Sold once: by the developer on 18 October 2024 for AED 3,068,888, or AED 2,391 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 18 October 2024.
Questions about 508, Pier Point 1
What did unit 508 last sell for?
AED 3,068,888 on 18 October 2024, sold by the developer: AED 2,391 per sqft for 1,284 sqft. It is the only registered sale of the unit.
How big is unit 508?
1,284 sqft (119.3 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 508 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 508, Pier Point 1
Starts from the last sale price (AED 3.07M, 18 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,068,888
- Deposit, UAE resident (20%)
- AED 613,778
- Deposit, non-resident (40%)
- AED 1,227,555
- Monthly over 25 years at 3.7%
- AED 12,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →