1405, The Point
Sold prices and rental history: sold 3 times, last in October 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, The Point
What is 1405 worth today?
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Source: Dubai Land Department. Updated 1 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 760 sqft
- Floor
- 14th of 27
- Parking
- B2-133
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 480K · October 2019
- Building
- The Point
About 1405, The Point
1405 is a one-bedroom apartment of 760 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 16 October 2019 for AED 480,000, or AED 631 per sqft, 49% below the AED 1,232 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 67,219 a year: a gross yield of 14.0% on the 2019 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1405 over time
1405 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1405 sits
All 104 1-beds →1405 last sold in October 2019 at AED 631 per sqft, 49% below what one-beds in The Point were fetching at the time (AED 1,232). 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. 1405's AED 67,219 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20269 September 2026 | 760 sqft | 1,650,000 | 2,172 | ||
| 7 Aug 20267 August 2026 | 758 sqft | 1,500,000 | 1,978 | ||
| 26 Jun 202626 June 2026 | 786 sqft | 1,600,000 | 2,035 | ||
| 17 Jun 202617 June 2026 | 760 sqft | 1,500,000 | 1,974 |
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 14th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,594 sqft | AED 1.43MAED 1,425,000 · Feb 2021February 2021 | 160,000 /yr | |
| 1402 | 1-bed | 760 sqft | AED 937KAED 936,753 · Feb 2011February 2011 | 77,000 /yr | |
| 1403 | 2-bed | 1,212 sqft | AED 2.45MAED 2,450,000 · May 2025May 2025 | 150,000 /yr | |
| 1404 | 2-bed | 1,212 sqft | AED 1.3MAED 1,302,133 · Jan 2011January 2011 | 86,155 /yr | |
| 1406 | 2-bed | 1,594 sqft | AED 1.6MAED 1,600,000 · Nov 2020November 2020 | 130,000 /yr |
1405, The Point in numbers
- Sold 3 times: first on 30 July 2009 for AED 1,088,136, last on 16 October 2019 for AED 480,000 (AED 631 per sqft).
- Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2020 and recovered to AED 67,219 by December 2023.
- At AED 67,219 a year the gross yield on the 2019 price is 14.0%, before a service charge of about AED 18,100 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 1 December 2023.
Questions about 1405, The Point
What did unit 1405 last sell for?
AED 480,000 on 16 October 2019: AED 631 per sqft for 760 sqft. The unit has 3 registered sales; the first was AED 1,088,136 in July 2009.
What is the rent for unit 1405?
AED 67,219 a year on the contract renewed on 1 December 2023. The previous contract, from December 2021, was AED 64,200; the unit has been rented since December 2019.
How big is unit 1405?
760 sqft (70.6 sqm): a one-bedroom apartment on the 14th floor of a 27-storey tower completed in 2009.
What is unit 1405 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 1405, The Point
Starts from the last sale price (AED 480K, 16 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →