1-bed · 758 sqftThe Point, Dubai Marina · 10th floor · completed 2009

1001, The Point

Sold prices and rental history: sold twice, last in September 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 7 November 2020
Last soldAED 1.02M30 September 2010
Current rentAED 60K /yr7 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, The Point

What is 1001 worth today?

Last sold for AED 1,019,731 in 2010

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7 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
1 May 2019RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
5 Feb 2017RentedRenewal
AED 105,000/yr12 months · AED 139 per sqft
5 Feb 2016RentedRenewal
AED 105,000/yr12 months · AED 139 per sqft
5 Feb 2015RentedNew contract
AED 105,000/yr12 months · AED 139 per sqft
30 Jan 2014RentedNew contract
AED 100,000/yr12 months · AED 133 per sqft
30 Sep 2010SoldReady
AED 1,019,731AED 1,345 per sqft
18 Feb 2009Sold by developerOff-plan
AED 1,019,731AED 1,345 per sqft

Source: Dubai Land Department. Updated 7 November 2020.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
10th of 27
Parking
B2-113
Developer
Point Development
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.02M · September 2010
Building
The Point

About 1001, The Point

1001 is a one-bedroom apartment of 758 sqft on the 10th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 30 September 2010 for AED 1,019,731, or AED 1,345 per sqft, 17% above the AED 1,146 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 7 November 2020, is AED 60,000 a year: a gross yield of 5.9% on the 2010 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical one-bed in The Point
1M1.5M2009201420192024Typical sale price by year: 2009 AED 917,215; 2010 AED 894,248; 2011 AED 946,944; 2012 AED 840,000; 2013 AED 1,060,000; 2014 AED 1,450,000; 2015 AED 1,350,000; 2016 AED 1,212,500; 2017 AED 1,200,000; 2018 AED 1,221,015; 2019 AED 950,000; 2020 AED 734,800; 2021 AED 875,000; 2022 AED 1,172,500; 2023 AED 1,250,000; 2024 AED 1,487,500; 2025 AED 1,585,000; 2026 AED 1,625,000Sold by developer, February 2009: AED 1,019,731 (AED 1,345 per sqft)Sold, September 2010: AED 1,019,731 (AED 1,345 per sqft)

1001 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1001, each contractTypical one-bed in The Point
75K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 68,250; 2013 AED 73,500; 2014 AED 88,000; 2015 AED 94,500; 2016 AED 92,750; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 80,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 68,200; 2023 AED 75,000; 2024 AED 90,300; 2025 AED 90,000; 2026 AED 90,000New contract, January 2014: AED 100,000 a yearNew contract, February 2015: AED 105,000 a yearRenewal, February 2016: AED 105,000 a yearRenewal, February 2017: AED 105,000 a yearNew contract, May 2019: AED 80,000 a yearNew contract, November 2020: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Point, and where 1001 sits

All 104 1-beds →

1001 last sold in September 2010 at AED 1,345 per sqft, 17% above what one-beds in The Point were fetching at the time (AED 1,146). Over the last 12 months one-beds sold for AED 1,380,000 to 2,000,000, around AED 2,104 per sqft, and rent for AED 47,500 to 128,000 a year. 1001's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Sep 20261,650,000
7 Aug 20261,500,000
26 Jun 20261,600,000
17 Jun 20261,500,000
10 1-bed sales in the last 12 months

The Point

Building

188 apartments, studios to 4-bed over 27 floors in Dubai Marina, completed in 2009 by Point Development. 17 sold in the last 12 months.

Typical price per sqft
AED 2,035 Up 3.8%
Typical sale
AED 1.73M
Typical rent
AED 90K /yr
Typical yield
5.5%
The Point, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 188 units in The Point
Value
10021-bedAED 1.2M · Nov 2023
10031-bedAED 910K · Feb 2011
1004StudioAED 375K · Dec 2016
10051-bedAED 1.08M · Feb 2017
10061-bedAED 1.5M · Mar 2014
1007StudioAED 870K · Sep 2016
10081-bedAED 1.8M · Sep 2025
1–7 of 9

1001, The Point in numbers

  • Sold twice: first on 18 February 2009 for AED 1,019,731, last on 30 September 2010 for AED 1,019,731 (AED 1,345 per sqft).
  • Rented since January 2014 on 6 Ejari contracts, from AED 100,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2010 price is 5.9%, before a service charge of about AED 18,100 a year (AED 23.83 per sqft).
  • One-beds in The Point sold for AED 1,380,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,035 per sqft.

Source: Dubai Land Department. Updated 7 November 2020.

Questions about 1001, The Point

What did unit 1001 last sell for?

AED 1,019,731 on 30 September 2010: AED 1,345 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 1,019,731 in February 2009.

What is the rent for unit 1001?

AED 60,000 a year on the contract signed on 7 November 2020. The previous contract, from May 2019, was AED 80,000; the unit has been rented since January 2014.

How big is unit 1001?

758 sqft (70.4 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2009.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Point sold for AED 1,380,000 to 2,000,000 in the last 12 months, around AED 2,104 per sqft.

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Mortgage on 1001, The Point

Starts from the last sale price (AED 1.02M, 30 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,019,731
Deposit, UAE resident (20%)
AED 203,946
Deposit, non-resident (40%)
AED 407,892
Monthly over 25 years at 3.7%
AED 4,172

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