1-bed · 786 sqftThe Point, Dubai Marina · 10th floor · completed 2009

1009, The Point

Sold prices and rental history: sold 5 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 21 November 2022
Last soldAED 1.5M21 November 2022
Current rentAED 62K /yr25 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, The Point

What is 1009 worth today?

Last sold for AED 1,500,000 in 2022

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21 Nov 2022SoldReady
AED 1,500,000AED 1,908 per sqft
25 Mar 2022SoldReady
AED 1,050,000AED 1,335 per sqft
25 May 2021RentedNew contract
AED 62,000/yr12 months · AED 79 per sqft
8 May 2017RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
20 Mar 2015RentedRenewal
AED 100,000/yr12 months · AED 127 per sqft
20 Mar 2014RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
12 Jul 2011SoldReady
AED 825,000AED 1,049 per sqft
18 Aug 2010SoldReady
AED 937,210AED 1,192 per sqft

Source: Dubai Land Department. Updated 21 November 2022.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
10th of 27
Parking
B2-107
Developer
Point Development
Completed
2009
Service charge
AED 18,700 /yr
Last sold
AED 1.5M · November 2022
Building
The Point

About 1009, The Point

1009 is a one-bedroom apartment of 786 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 21 November 2022 for AED 1,500,000, or AED 1,908 per sqft, 28% above the AED 1,494 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 25 May 2021, is AED 62,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, 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, April 2009: AED 937,210 (AED 1,192 per sqft)Sold, August 2010: AED 937,210 (AED 1,192 per sqft)Sold, July 2011: AED 825,000 (AED 1,049 per sqft)Sold, March 2022: AED 1,050,000 (AED 1,335 per sqft)Sold, November 2022: AED 1,500,000 (AED 1,908 per sqft)

1009 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1009, each contractTypical one-bed in The Point
60K80K100K20112015201920232027Typical 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, March 2014: AED 100,000 a yearRenewal, March 2015: AED 100,000 a yearNew contract, May 2017: AED 100,000 a yearNew contract, May 2021: AED 62,000 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 1009 sits

All 104 1-beds →

1009 last sold in November 2022 at AED 1,908 per sqft, 28% above what one-beds in The Point were fetching at the time (AED 1,494). 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. 1009's AED 62,000 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
10011-bedAED 1.02M · Sep 2010
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
1–7 of 9

1009, The Point in numbers

  • Sold 5 times: first on 21 April 2009 for AED 937,210, last on 21 November 2022 for AED 1,500,000 (AED 1,908 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 100,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 18,700 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 21 November 2022.

Questions about 1009, The Point

What did unit 1009 last sell for?

AED 1,500,000 on 21 November 2022: AED 1,908 per sqft for 786 sqft. The unit has 5 registered sales; the first was AED 937,210 in April 2009.

What is the rent for unit 1009?

AED 62,000 a year on the contract signed on 25 May 2021. The previous contract, from May 2017, was AED 100,000; the unit has been rented since March 2014.

How big is unit 1009?

786 sqft (73.0 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2009.

What is unit 1009 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 1009, The Point

Starts from the last sale price (AED 1.5M, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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