Studio · 400 sqftThe Point, Dubai Marina · 12th floor · completed 2009

1207, The Point

Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 598K18 February 2013
Current rentAED 60K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, The Point

What is 1207 worth today?

Last sold for AED 597,641 in 2013

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27 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
27 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
21 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
1 May 2022RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
8 Apr 2021RentedNew contract
AED 32,000/yr12 months · AED 80 per sqft
8 Feb 2018RentedNew contract
AED 54,837/yr12 months · AED 138 per sqft
24 Jun 2016RentedRenewal
AED 75,000/yr12 months · AED 188 per sqft
24 Jun 2015RentedRenewal
AED 75,000/yr12 months · AED 188 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
12th of 27
Parking
B3-59
Developer
Point Development
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 598K · February 2013
Building
The Point

About 1207, The Point

1207 is a studio of 400 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 18 February 2013 for AED 597,641, or AED 1,493 per sqft, 3% above the AED 1,449 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 27 November 2024, is AED 60,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical studio in The Point
600K800K1M2009201220152018Typical sale price by year: 2009 AED 578,048; 2010 AED 529,149; 2011 AED 578,056; 2013 AED 588,821; 2016 AED 740,000; 2017 AED 930,000Sold by developer, April 2009: AED 627,592 (AED 1,568 per sqft)Sold, August 2010: AED 627,592 (AED 1,568 per sqft)Sold, February 2013: AED 597,641 (AED 1,493 per sqft)

1207 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1207, each contractTypical studio in The Point
40K60K80K2012201620202024Typical rent by year: 2012 AED 38,000; 2013 AED 48,500; 2014 AED 55,650; 2015 AED 65,000; 2016 AED 67,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 65,000New contract, June 2013: AED 50,000 a yearNew contract, June 2014: AED 75,000 a yearRenewal, June 2015: AED 75,000 a yearRenewal, June 2016: AED 75,000 a yearNew contract, February 2018: AED 54,837 a yearNew contract, April 2021: AED 32,000 a yearNew contract, May 2022: AED 50,000 a yearNew contract, October 2023: AED 60,000 a yearNew contract, November 2024: AED 60,000 a yearNew contract, November 2024: AED 60,000 a year

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

Studios in The Point, and where 1207 sits

All 22 studios →

1207 last sold in February 2013 at AED 1,493 per sqft, 3% above what studios in The Point were fetching at the time (AED 1,449). Over the last 12 months studios sold for AED 950,000, around AED 2,373 per sqft, and rent for AED 47,500 to 80,000 a year. 1207's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Oct 2026950,000
9 May 20251,240,000
30 Sep 20241,000,000
28 Feb 2022550,000
1 studio sale 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
12021-bedAED 1.2M · Dec 2022
12031-bedAED 930K · Aug 2010
1204StudioAED 471K · Sep 2010
12051-bedAED 1.15M · Oct 2016
12061-bedAED 876K · Aug 2010
12081-bedAED 925K · Dec 2011
1–7 of 9

1207, The Point in numbers

  • Sold 3 times: first on 21 April 2009 for AED 627,592, last on 18 February 2013 for AED 597,641 (AED 1,493 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2021 and recovered to AED 60,000 by November 2024.
  • At AED 60,000 a year the gross yield on the 2013 price is 10.0%, before a service charge of about AED 9,500 a year (AED 23.83 per sqft).
  • Studios in The Point sold for AED 950,000–950,000 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 27 November 2024.

Questions about 1207, The Point

What did unit 1207 last sell for?

AED 597,641 on 18 February 2013: AED 1,493 per sqft for 400 sqft. The unit has 3 registered sales; the first was AED 627,592 in April 2009.

What is the rent for unit 1207?

AED 60,000 a year on the contract signed on 27 November 2024. The previous contract, from November 2024, was AED 60,000; the unit has been rented since June 2013.

How big is unit 1207?

400 sqft (37.2 sqm): a studio on the 12th floor of a 27-storey tower completed in 2009.

What is unit 1207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Point sold for AED 950,000 to 950,000 in the last 12 months, around AED 2,373 per sqft.

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Mortgage on 1207, The Point

Starts from the last sale price (AED 598K, 18 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 597,641
Deposit, UAE resident (20%)
AED 119,528
Deposit, non-resident (40%)
AED 239,056
Monthly over 25 years at 3.7%
AED 2,445

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