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

1209, The Point

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 1.7M30 September 2024
Current rentAED 66K /yr23 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, The Point

What is 1209 worth today?

Last sold for AED 1,700,000 in 2024

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30 Sep 2024SoldReady
AED 1,700,000AED 2,162 per sqft
23 Sep 2022RentedNew contract
AED 66,001/yr8 months · AED 84 per sqft
6 Jun 2022SoldReady
AED 1,175,000AED 1,494 per sqft
24 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 76 per sqft
24 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
7 Jun 2017RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
22 Nov 2015RentedNew contract
AED 110,000/yr12 months · AED 140 per sqft
8 May 2015RentedNew contract
AED 110,000/yr6 months · AED 140 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
12th of 27
Parking
B2-128
Developer
Point Development
Completed
2009
Service charge
AED 18,700 /yr
Last sold
AED 1.7M · September 2024
Building
The Point

About 1209, The Point

1209 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 30 September 2024 for AED 1,700,000, or AED 2,162 per sqft, 17% above the AED 1,853 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 23 September 2022, is AED 66,001 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, February 2009: AED 933,001 (AED 1,186 per sqft)Sold, August 2010: AED 933,001 (AED 1,186 per sqft)Sold, April 2013: AED 1,060,000 (AED 1,348 per sqft)Sold, June 2022: AED 1,175,000 (AED 1,494 per sqft)Sold, September 2024: AED 1,700,000 (AED 2,162 per sqft)

1209 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, each contractTypical one-bed in The Point
75K100K20112015201920232027Typical 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 2012: AED 65,000 a yearNew contract, May 2013: AED 80,000 a yearNew contract, May 2014: AED 80,000 a yearNew contract, May 2015: AED 110,000 a yearNew contract, November 2015: AED 110,000 a yearNew contract, June 2017: AED 100,000 a yearNew contract, September 2020: AED 60,000 a yearRenewal, September 2021: AED 60,000 a yearNew contract, September 2022: AED 66,001 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 1209 sits

All 104 1-beds →

1209 last sold in September 2024 at AED 2,162 per sqft, 17% above what one-beds in The Point were fetching at the time (AED 1,853). 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. 1209's AED 66,001 is in the lower 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
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

1209, The Point in numbers

  • Sold 5 times: first on 23 February 2009 for AED 933,001, last on 30 September 2024 for AED 1,700,000 (AED 2,162 per sqft).
  • Rented since March 2012 on 9 Ejari contracts, from AED 65,000 to AED 66,001 a year.
  • At AED 66,001 a year the gross yield on the 2024 price is 3.9%, 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 30 September 2024.

Questions about 1209, The Point

What did unit 1209 last sell for?

AED 1,700,000 on 30 September 2024: AED 2,162 per sqft for 786 sqft. The unit has 5 registered sales; the first was AED 933,001 in February 2009.

What is the rent for unit 1209?

AED 66,001 a year on the contract signed on 23 September 2022. The previous contract, from September 2021, was AED 60,000; the unit has been rented since March 2012.

How big is unit 1209?

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

What is unit 1209 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 1209, The Point

Starts from the last sale price (AED 1.7M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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