1-bed · 774 sqftPier Point 2, Al Mina · 7th floor

706, Pier Point 2

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 706 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 1.96M18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Pier Point 2

What is 706 worth today?

Last sold for AED 1,960,888 in 2024

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18 Oct 2024Sold by developerOff-plan
AED 1,960,888AED 2,534 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
7th of 10
Parking
1
Last sold
AED 1.96M · October 2024
Building
Pier Point 2

About 706, Pier Point 2

706 is a one-bedroom apartment of 774 sqft on the 7th floor of Pier Point 2, a 10-storey tower in Al Mina. The developer sold it on 18 October 2024 for AED 1,960,888, or AED 2,534 per sqft, 7% below the AED 2,737 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Pier Point 2
2M2.1M202420252026Typical sale price by year: 2024 AED 2,163,388; 2025 AED 2,034,599Sold by developer, October 2024: AED 1,960,888 (AED 2,534 per sqft)

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

1-beds in Pier Point 2, and where 706 sits

All 56 1-beds →

706 last sold in October 2024 at AED 2,534 per sqft, 7% below what one-beds in Pier Point 2 were fetching at the time (AED 2,737).

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20251,984,888
3 Apr 20252,054,888
11 Mar 20252,037,309
7 Jan 20252,031,888
0 1-bed sales in the last 12 months

Pier Point 2

Building

111 apartments, 1-bed to 3-bed over 10 floors in Al Mina. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Pier Point 2, Al Mina: prices, sales and rents →

Other units on the 7th floor

All 111 units in Pier Point 2
Value
7011-bedAED 2.78M · Nov 2024
7022-bedAED 4.17M · Nov 2024
7033-bedAED 5.51M · Nov 2024
7042-bedAED 2.95M · Oct 2024
7051-bedAED 1.98M · Oct 2024
7072-bedAED 2.93M · Oct 2024

706, Pier Point 2 in numbers

  • Sold once: by the developer on 18 October 2024 for AED 1,960,888, or AED 2,534 per sqft.

Source: Dubai Land Department. Updated 18 October 2024.

Questions about 706, Pier Point 2

What did unit 706 last sell for?

AED 1,960,888 on 18 October 2024, sold by the developer: AED 2,534 per sqft for 774 sqft. It is the only registered sale of the unit.

How big is unit 706?

774 sqft (71.9 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower.

What is unit 706 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 706, Pier Point 2

Starts from the last sale price (AED 1.96M, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,960,888
Deposit, UAE resident (20%)
AED 392,178
Deposit, non-resident (40%)
AED 784,355
Monthly over 25 years at 3.7%
AED 8,023

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