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1-bed · 760 sqftThe Point, Dubai Marina · 12th floor · completed 2009

1208, The Point

Sold prices and rental history: sold 3 times, last in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 12 December 2011
Last soldAED 925K12 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1208, The Point

What is 1208 worth today?

Last sold for AED 925,000 in 2011

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12 Dec 2011SoldReady
AED 925,000AED 1,217 per sqft
18 Aug 2010SoldReady
AED 849,550AED 1,118 per sqft
27 Jan 2009Sold by developerOff-plan
AED 849,550AED 1,118 per sqft

Source: Dubai Land Department. Updated 12 December 2011.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
12th of 27
Parking
B2-127
Developer
Point Development
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 925K · December 2011
Building
The Point

About 1208, The Point

1208 is a one-bedroom apartment of 760 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 2011 for AED 925,000, or AED 1,217 per sqft, in line with the AED 1,233 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1208 over time

Sales
Unit 1208, 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 849,550 (AED 1,118 per sqft)Sold, August 2010: AED 849,550 (AED 1,118 per sqft)Sold, December 2011: AED 925,000 (AED 1,217 per sqft)

1208 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, 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 90,000

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 1208 sits

All 104 1-beds →

1208 last sold in December 2011 at AED 1,217 per sqft, in line with what one-beds in The Point were fetching at the time (AED 1,233). 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.

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
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
1207StudioAED 598K · Feb 2013
1–7 of 9

1208, The Point in numbers

  • Sold 3 times: first on 27 January 2009 for AED 849,550, last on 12 December 2011 for AED 925,000 (AED 1,217 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 12 December 2011.

Questions about 1208, The Point

What did unit 1208 last sell for?

AED 925,000 on 12 December 2011: AED 1,217 per sqft for 760 sqft. The unit has 3 registered sales; the first was AED 849,550 in January 2009.

How big is unit 1208?

760 sqft (70.6 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2009.

What is unit 1208 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 1208, The Point

Starts from the last sale price (AED 925K, 12 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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