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.
Property timeline for 1207, The Point
What is 1207 worth today?
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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
1207 has sold 3 times; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 400 sqft | 950,000 | 2,373 | ||
| 9 May 20259 May 2025 | 400 sqft | 1,240,000 | 3,098 | ||
| 30 Sep 202430 September 2024 | 400 sqft | 1,000,000 | 2,498 | ||
| 28 Feb 202228 February 2022 | 400 sqft | 550,000 | 1,374 |
The Point
Building188 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%
Other units on the 12th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 758 sqft | AED 1.47MAED 1,465,000 · Mar 2015March 2015 | 110,000 /yr | |
| 1202 | 1-bed | 786 sqft | AED 1.2MAED 1,200,000 · Dec 2022December 2022 | 96,000 /yr | |
| 1203 | 1-bed | 760 sqft | AED 930KAED 930,429 · Aug 2010August 2010 | 90,000 /yr | |
| 1204 | Studio | 400 sqft | AED 471KAED 471,000 · Sep 2010September 2010 | ||
| 1205 | 1-bed | 800 sqft | AED 1.15MAED 1,150,000 · Oct 2016October 2016 | 90,000 /yr | |
| 1206 | 1-bed | 800 sqft | AED 876KAED 876,101 · Aug 2010August 2010 | 95,000 /yr | |
| 1208 | 1-bed | 760 sqft | AED 925KAED 925,000 · Dec 2011December 2011 | ||
| 1209 | 1-bed | 786 sqft | AED 1.7MAED 1,700,000 · Sep 2024September 2024 | 66,001 /yr | |
| 1210 | 1-bed | 755 sqft | AED 1.34MAED 1,335,000 · Jun 2023June 2023 | 120,000 /yr |
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 →