2-bed · 1,292 sqftPier Point 1, Al Mina

P01, 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 P01 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 2.91M22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P01, Pier Point 1

What is P01 worth today?

Last sold for AED 2,908,888 in 2024

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22 Oct 2024Sold by developerOff-plan
AED 2,908,888AED 2,251 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Parking
1
Last sold
AED 2.91M · October 2024
Building
Pier Point 1

About P01, Pier Point 1

P01 is a two-bedroom apartment of 1,292 sqft of Pier Point 1, a 9-storey tower in Al Mina. The developer sold it on 22 October 2024 for AED 2,908,888, or AED 2,251 per sqft, 5% below 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 P01 over time

Sales
Unit P01, each saleTypical two-bed in Pier Point 1
2.9M3M202420252026Typical sale price by year: 2024 AED 3,065,388; 2025 AED 3,052,888Sold by developer, October 2024: AED 2,908,888 (AED 2,251 per sqft)

P01 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 P01 sits

All 49 2-beds →

P01 last sold in October 2024 at AED 2,251 per sqft, 5% below 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 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 →

P01, Pier Point 1 in numbers

  • Sold once: by the developer on 22 October 2024 for AED 2,908,888, or AED 2,251 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 22 October 2024.

Questions about P01, Pier Point 1

What did unit P01 last sell for?

AED 2,908,888 on 22 October 2024, sold by the developer: AED 2,251 per sqft for 1,292 sqft. It is the only registered sale of the unit.

How big is unit P01?

1,292 sqft (120.0 sqm): a two-bedroom apartment of a 9-storey tower.

What is unit P01 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 P01, Pier Point 1

Starts from the last sale price (AED 2.91M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,908,888
Deposit, UAE resident (20%)
AED 581,778
Deposit, non-resident (40%)
AED 1,163,555
Monthly over 25 years at 3.7%
AED 11,901

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