2-bed · 1,214 sqftPier Point 1, Al Mina · 7th floor

702, 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 702 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 4.17M11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Pier Point 1

What is 702 worth today?

Last sold for AED 4,170,888 in 2024

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11 Oct 2024Sold by developerOff-plan
AED 4,170,888AED 3,436 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
2-bed apartment
Size
1,214 sqft
Floor
7th of 9
Parking
1
Last sold
AED 4.17M · October 2024
Building
Pier Point 1

About 702, Pier Point 1

702 is a two-bedroom apartment of 1,214 sqft on the 7th floor of Pier Point 1, a 9-storey tower in Al Mina. The developer sold it on 11 October 2024 for AED 4,170,888, or AED 3,436 per sqft, 48% above the AED 2,327 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Pier Point 1
3M4M202420252026Typical sale price by year: 2024 AED 3,065,388; 2025 AED 3,052,888Sold by developer, October 2024: AED 4,170,888 (AED 3,436 per sqft)

702 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 702 sits

All 49 2-beds →

702 last sold in October 2024 at AED 3,436 per sqft, 48% above what two-beds in Pier Point 1 were fetching at the time (AED 2,327). 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 7th floor

All 113 units in Pier Point 1
Value
7011-bedAED 2.77M · Oct 2024
7033-bedAED 5.51M · Oct 2024
7042-bedAED 2.95M · Oct 2024
7051-bedAED 1.98M · Oct 2024
7061-bedAED 1.96M · Oct 2024
7072-bedAED 2.93M · Oct 2024
7082-bedAED 3.08M · Nov 2024
1–7 of 13

702, Pier Point 1 in numbers

  • Sold once: by the developer on 11 October 2024 for AED 4,170,888, or AED 3,436 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 11 October 2024.

Questions about 702, Pier Point 1

What did unit 702 last sell for?

AED 4,170,888 on 11 October 2024, sold by the developer: AED 3,436 per sqft for 1,214 sqft. It is the only registered sale of the unit.

How big is unit 702?

1,214 sqft (112.8 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 702 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 702, Pier Point 1

Starts from the last sale price (AED 4.17M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,170,888
Deposit, UAE resident (20%)
AED 834,178
Deposit, non-resident (40%)
AED 1,668,355
Monthly over 25 years at 3.7%
AED 17,064

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