2-bed · 1,212 sqftThe Point, Dubai Marina · 14th floor · completed 2009

1404, The Point

Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 11 November 2022
Last soldAED 1.3M11 January 2011
Current rentAED 86K /yr11 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, The Point

What is 1404 worth today?

Last sold for AED 1,302,133 in 2011

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11 Nov 2022RentedRenewal
AED 86,155/yr3 months · AED 71 per sqft
11 Nov 2021RentedRenewal
AED 75,000/yr12 months · AED 62 per sqft
11 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
1 Dec 2019RentedRenewal
AED 95,001/yr7 months · AED 78 per sqft
31 Mar 2019RentedRenewal
AED 94,607/yr8 months · AED 78 per sqft
31 Mar 2018RentedRenewal
AED 95,000/yr12 months · AED 78 per sqft
31 Mar 2017RentedNew contract
AED 128,000/yr12 months · AED 106 per sqft
31 Mar 2016RentedNew contract
AED 128,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 11 November 2022.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
14th of 27
Parking
B2-102
Developer
Point Development
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 1.3M · January 2011
Building
The Point

About 1404, The Point

1404 is a two-bedroom apartment of 1,212 sqft on the 14th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 11 January 2011 for AED 1,302,133, or AED 1,074 per sqft, 3% below the AED 1,110 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 11 November 2022, is AED 86,155 a year: a gross yield of 6.6% on the 2011 price, before the service charge of about AED 28,900 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical two-bed in The Point
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,764,950; 2010 AED 1,342,918; 2011 AED 1,337,634; 2012 AED 1,725,000; 2013 AED 1,986,600; 2017 AED 1,580,000; 2018 AED 1,662,500; 2020 AED 1,220,000; 2021 AED 1,312,500; 2022 AED 1,640,000; 2024 AED 2,200,000; 2025 AED 2,750,000Sold by developer, January 2009: AED 1,302,133 (AED 1,074 per sqft)Sold, January 2011: AED 1,302,133 (AED 1,074 per sqft)

1404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, each contractTypical two-bed in The Point
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 110,000; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 137,800; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 82,500; 2022 AED 100,000; 2023 AED 112,650; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 128,708New contract, February 2014: AED 99,225 a yearNew contract, February 2015: AED 117,708 a yearNew contract, March 2016: AED 128,000 a yearNew contract, March 2017: AED 128,000 a yearRenewal, March 2018: AED 95,000 a yearRenewal, March 2019: AED 94,607 a yearRenewal, December 2019: AED 95,001 a yearNew contract, November 2020: AED 70,000 a yearRenewal, November 2021: AED 75,000 a yearRenewal, November 2022: AED 86,155 a year

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

2-beds in The Point, and where 1404 sits

All 52 2-beds →

1404 last sold in January 2011 at AED 1,074 per sqft, 3% below what two-beds in The Point were fetching at the time (AED 1,110). Over the last 12 months two-beds sold for AED 2,200,000 to 3,000,000, around AED 1,815 per sqft, and rent for AED 102,000 to 200,000 a year. 1404's AED 86,155 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Aug 20262,200,000
10 Apr 20263,000,000
27 Nov 20252,820,000
21 Nov 20252,200,000
4 2-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 14th floor

All 188 units in The Point
Value
14012-bedAED 1.43M · Feb 2021
14021-bedAED 937K · Feb 2011
14032-bedAED 2.45M · May 2025
14051-bedAED 480K · Oct 2019
14062-bedAED 1.6M · Nov 2020

1404, The Point in numbers

  • Sold twice: first on 25 January 2009 for AED 1,302,133, last on 11 January 2011 for AED 1,302,133 (AED 1,074 per sqft).
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 99,225 to AED 70,000 in 2020 and recovered to AED 86,155 by November 2022.
  • At AED 86,155 a year the gross yield on the 2011 price is 6.6%, before a service charge of about AED 28,900 a year (AED 23.83 per sqft).
  • Two-beds in The Point sold for AED 2,200,000–3,000,000 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 11 November 2022.

Questions about 1404, The Point

What did unit 1404 last sell for?

AED 1,302,133 on 11 January 2011: AED 1,074 per sqft for 1,212 sqft. The unit has 2 registered sales; the first was AED 1,302,133 in January 2009.

What is the rent for unit 1404?

AED 86,155 a year on the contract renewed on 11 November 2022. The previous contract, from November 2021, was AED 75,000; the unit has been rented since February 2014.

How big is unit 1404?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2009.

What is unit 1404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Point sold for AED 2,200,000 to 3,000,000 in the last 12 months, around AED 1,815 per sqft.

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Mortgage on 1404, The Point

Starts from the last sale price (AED 1.3M, 11 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,302,133
Deposit, UAE resident (20%)
AED 260,427
Deposit, non-resident (40%)
AED 520,853
Monthly over 25 years at 3.7%
AED 5,327

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