1-bed · 755 sqftThe Point, Dubai Marina · 10th floor · completed 2009

1010, The Point

Sold prices and rental history: sold 6 times, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 2.1M20 March 2024
Current rentAED 120K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, The Point

What is 1010 worth today?

Last sold for AED 2,100,000 in 2024

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20 Mar 2024SoldReady
AED 2,100,000AED 2,779 per sqft
27 Feb 2024SoldReady
AED 1,400,000AED 1,853 per sqft
20 Mar 2023RentedNew contract
AED 120,000/yr12 months · AED 159 per sqft
20 Jan 2022RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
28 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 93 per sqft
28 Jan 2020RentedRenewal
AED 70,000/yr12 months · AED 93 per sqft
28 Jan 2019RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
23 Nov 2017RentedNew contract
AED 97,500/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
10th of 27
Parking
B2-106
Developer
Point Development
Completed
2009
Service charge
AED 18,000 /yr
Last sold
AED 2.1M · March 2024
Building
The Point

About 1010, The Point

1010 is a one-bedroom apartment of 755 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 20 March 2024 for AED 2,100,000, or AED 2,779 per sqft, 69% above the AED 1,648 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 20 March 2023, is AED 120,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical one-bed in The Point
1M2M2009201420192024Typical 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, March 2009: AED 1,090,636 (AED 1,443 per sqft)Sold, August 2010: AED 1,090,636 (AED 1,443 per sqft)Sold, August 2012: AED 839,533 (AED 1,111 per sqft)Sold, March 2016: AED 1,250,000 (AED 1,654 per sqft)Sold, February 2024: AED 1,400,000 (AED 1,853 per sqft)Sold, March 2024: AED 2,100,000 (AED 2,779 per sqft)

1010 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1010, each contractTypical one-bed in The Point
50K100K20112015201920232027Typical 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, November 2014: AED 97,500 a yearNew contract, November 2017: AED 97,500 a yearNew contract, January 2019: AED 85,000 a yearRenewal, January 2020: AED 70,000 a yearRenewal, January 2021: AED 70,000 a yearNew contract, January 2022: AED 75,000 a yearNew contract, March 2023: AED 120,000 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 1010 sits

All 104 1-beds →

1010 last sold in March 2024 at AED 2,779 per sqft, 69% above what one-beds in The Point were fetching at the time (AED 1,648). 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. 1010's AED 120,000 is in the upper 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

1010, The Point in numbers

  • Sold 6 times: first on 24 March 2009 for AED 1,090,636, last on 20 March 2024 for AED 2,100,000 (AED 2,779 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 97,500 to AED 70,000 in 2021 and recovered to AED 120,000 by March 2023.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 18,000 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 20 March 2024.

Questions about 1010, The Point

What did unit 1010 last sell for?

AED 2,100,000 on 20 March 2024: AED 2,779 per sqft for 755 sqft. The unit has 6 registered sales; the first was AED 1,090,636 in March 2009.

What is the rent for unit 1010?

AED 120,000 a year on the contract signed on 20 March 2023. The previous contract, from January 2022, was AED 75,000; the unit has been rented since November 2014.

How big is unit 1010?

755 sqft (70.1 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2009.

What is unit 1010 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 1010, The Point

Starts from the last sale price (AED 2.1M, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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