1-bed · 786 sqftThe Point, Dubai Marina · 12th floor · completed 2009

1202, The Point

Sold prices and rental history: sold 4 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 23 January 2023
Last soldAED 1.2M12 December 2022
Current rentAED 96K /yr23 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, The Point

What is 1202 worth today?

Last sold for AED 1,200,000 in 2022

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23 Jan 2023RentedNew contract
AED 96,000/yr13 months · AED 122 per sqft
12 Dec 2022SoldReady
AED 1,200,000AED 1,526 per sqft
14 Sep 2018RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
8 Sep 2016SoldReady
AED 1,250,000AED 1,590 per sqft
11 Nov 2015RentedRenewal
AED 94,500/yr12 months · AED 120 per sqft
11 Nov 2014RentedNew contract
AED 90,000/yr12 months · AED 114 per sqft
1 Mar 2014RentedRenewal
AED 71,500/yr12 months · AED 91 per sqft
1 Mar 2013RentedNew contract
AED 68,200/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 23 January 2023.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
12th of 27
Parking
B2-123
Developer
Point Development
Completed
2009
Service charge
AED 18,700 /yr
Last sold
AED 1.2M · December 2022
Building
The Point

About 1202, The Point

1202 is a one-bedroom apartment of 786 sqft on the 12th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 12 December 2022 for AED 1,200,000, or AED 1,526 per sqft, in line with the AED 1,526 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 23 January 2023, is AED 96,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, January 2009: AED 904,248 (AED 1,150 per sqft)Sold, August 2010: AED 904,248 (AED 1,150 per sqft)Sold, September 2016: AED 1,250,000 (AED 1,590 per sqft)Sold, December 2022: AED 1,200,000 (AED 1,526 per sqft)

1202 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, 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 2013: AED 68,200 a yearRenewal, March 2014: AED 71,500 a yearNew contract, November 2014: AED 90,000 a yearRenewal, November 2015: AED 94,500 a yearNew contract, September 2018: AED 75,000 a yearNew contract, January 2023: AED 96,000 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 1202 sits

All 104 1-beds →

1202 last sold in December 2022 at AED 1,526 per sqft, in line with what one-beds in The Point were fetching at the time (AED 1,526). 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. 1202's AED 96,000 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 12th floor

All 188 units in The Point
Value
12011-bedAED 1.47M · Mar 2015
12031-bedAED 930K · Aug 2010
1204StudioAED 471K · Sep 2010
12051-bedAED 1.15M · Oct 2016
12061-bedAED 876K · Aug 2010
1207StudioAED 598K · Feb 2013
12081-bedAED 925K · Dec 2011
1–7 of 9

1202, The Point in numbers

  • Sold 4 times: first on 25 January 2009 for AED 904,248, last on 12 December 2022 for AED 1,200,000 (AED 1,526 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 68,200 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2022 price is 8.0%, 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 23 January 2023.

Questions about 1202, The Point

What did unit 1202 last sell for?

AED 1,200,000 on 12 December 2022: AED 1,526 per sqft for 786 sqft. The unit has 4 registered sales; the first was AED 904,248 in January 2009.

What is the rent for unit 1202?

AED 96,000 a year on the contract signed on 23 January 2023. The previous contract, from September 2018, was AED 75,000; the unit has been rented since March 2013.

How big is unit 1202?

786 sqft (73.0 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2009.

What is unit 1202 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 1202, The Point

Starts from the last sale price (AED 1.2M, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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