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1-bed · 780 sqftPier Point 1, Al Mina · 7th floor

705, 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 705 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 1.98M11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Pier Point 1

What is 705 worth today?

Last sold for AED 1,981,888 in 2024

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11 Oct 2024Sold by developerOff-plan
AED 1,981,888AED 2,541 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
1-bed apartment
Size
780 sqft
Floor
7th of 9
Parking
1
Last sold
AED 1.98M · October 2024
Building
Pier Point 1

About 705, Pier Point 1

705 is a one-bedroom apartment of 780 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 1,981,888, or AED 2,541 per sqft, 6% below the AED 2,691 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Pier Point 1
2M2.1M2.2M202420252026Typical sale price by year: 2024 AED 2,157,888; 2025 AED 2,200,000Sold by developer, October 2024: AED 1,981,888 (AED 2,541 per sqft)

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

1-beds in Pier Point 1, and where 705 sits

All 57 1-beds →

705 last sold in October 2024 at AED 2,541 per sqft, 6% below what one-beds in Pier Point 1 were fetching at the time (AED 2,691).

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 20251,945,888
10 Jan 20252,200,000
9 Jan 20252,404,888
16 Dec 20241,973,888
0 1-bed sales 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
7042-bedAED 2.95M · Oct 2024
7061-bedAED 1.96M · Oct 2024
7072-bedAED 2.93M · Oct 2024
7082-bedAED 3.08M · Nov 2024
1–7 of 13

705, Pier Point 1 in numbers

  • Sold once: by the developer on 11 October 2024 for AED 1,981,888, or AED 2,541 per sqft.

Source: Dubai Land Department. Updated 11 October 2024.

Questions about 705, Pier Point 1

What did unit 705 last sell for?

AED 1,981,888 on 11 October 2024, sold by the developer: AED 2,541 per sqft for 780 sqft. It is the only registered sale of the unit.

How big is unit 705?

780 sqft (72.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 705, Pier Point 1

Starts from the last sale price (AED 1.98M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,981,888
Deposit, UAE resident (20%)
AED 396,378
Deposit, non-resident (40%)
AED 792,755
Monthly over 25 years at 3.7%
AED 8,109

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