P05, 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 P05, Pier Point 1
What is P05 worth today?
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Source: Dubai Land Department. Updated 21 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,284 sqft
- Parking
- 1
- Last sold
- AED 2.89M · October 2024
- Building
- Pier Point 1
About P05, Pier Point 1
P05 is a two-bedroom apartment of 1,284 sqft of Pier Point 1, a 9-storey tower in Al Mina. The developer sold it on 21 October 2024 for AED 2,894,888, or AED 2,255 per sqft, 3% below 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 P05 over time
P05 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 P05 sits
All 49 2-beds →P05 last sold in October 2024 at AED 2,255 per sqft, 3% below 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 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
P05, Pier Point 1 in numbers
- Sold once: by the developer on 21 October 2024 for AED 2,894,888, or AED 2,255 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 21 October 2024.
Questions about P05, Pier Point 1
What did unit P05 last sell for?
AED 2,894,888 on 21 October 2024, sold by the developer: AED 2,255 per sqft for 1,284 sqft. It is the only registered sale of the unit.
How big is unit P05?
1,284 sqft (119.3 sqm): a two-bedroom apartment of a 9-storey tower.
What is unit P05 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 P05, Pier Point 1
Starts from the last sale price (AED 2.89M, 21 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,894,888
- Deposit, UAE resident (20%)
- AED 578,978
- Deposit, non-resident (40%)
- AED 1,157,955
- Monthly over 25 years at 3.7%
- AED 11,844
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →