2-bed · 1,292 sqftPier Point 1, Al Mina · 7th floor

704, 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 704 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 2.95M11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Pier Point 1

What is 704 worth today?

Last sold for AED 2,948,888 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Oct 2024Sold by developerOff-plan
AED 2,948,888AED 2,282 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
7th of 9
Parking
1
Last sold
AED 2.95M · October 2024
Building
Pier Point 1

About 704, Pier Point 1

704 is a two-bedroom apartment of 1,292 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 2,948,888, or AED 2,282 per sqft, in line with 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 704 over time

Sales
Unit 704, 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, October 2024: AED 2,948,888 (AED 2,282 per sqft)

704 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 704 sits

All 49 2-beds →

704 last sold in October 2024 at AED 2,282 per sqft, in line with 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
7022-bedAED 4.17M · Oct 2024
7033-bedAED 5.51M · 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

704, Pier Point 1 in numbers

  • Sold once: by the developer on 11 October 2024 for AED 2,948,888, or AED 2,282 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 704, Pier Point 1

What did unit 704 last sell for?

AED 2,948,888 on 11 October 2024, sold by the developer: AED 2,282 per sqft for 1,292 sqft. It is the only registered sale of the unit.

How big is unit 704?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 704 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 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Pier Point 1

Starts from the last sale price (AED 2.95M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,948,888
Deposit, UAE resident (20%)
AED 589,778
Deposit, non-resident (40%)
AED 1,179,555
Monthly over 25 years at 3.7%
AED 12,065

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