1406, The Point
Sold prices and rental history: sold 3 times, last in November 2020, 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 1406, The Point
What is 1406 worth today?
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Source: Dubai Land Department. Updated 1 February 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,594 sqft
- Floor
- 14th of 27
- Parking
- B1-187
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 38,000 /yr
- Last sold
- AED 1.6M · November 2020
- Building
- The Point
About 1406, The Point
1406 is a two-bedroom apartment of 1,594 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 22 November 2020 for AED 1,600,000, or AED 1,003 per sqft, in line with the AED 990 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 February 2022, is AED 130,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 38,000 a year.
Sales and rents for 1406 over time
1406 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1406 sits
All 52 2-beds →1406 last sold in November 2020 at AED 1,003 per sqft, in line with what two-beds in The Point were fetching at the time (AED 990). 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. 1406's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202625 August 2026 | 1,212 sqft | 2,200,000 | 1,815 | ||
| 10 Apr 202610 April 2026 | 1,106 sqft | 3,000,000 | 2,713 | ||
| 27 Nov 202527 November 2025 | 1,594 sqft | 2,820,000 | 1,768 | ||
| 21 Nov 202521 November 2025 | 1,212 sqft | 2,200,000 | 1,815 |
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 | |
| 1405 | 1-bed | 760 sqft | AED 480KAED 480,000 · Oct 2019October 2019 | 67,219 /yr |
1406, The Point in numbers
- Sold 3 times: first on 21 April 2009 for AED 2,009,751, last on 22 November 2020 for AED 1,600,000 (AED 1,003 per sqft).
- Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 95,000 in 2021 and recovered to AED 130,000 by February 2022.
- At AED 130,000 a year the gross yield on the 2020 price is 8.1%, before a service charge of about AED 38,000 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 1 February 2022.
Questions about 1406, The Point
What did unit 1406 last sell for?
AED 1,600,000 on 22 November 2020: AED 1,003 per sqft for 1,594 sqft. The unit has 3 registered sales; the first was AED 2,009,751 in April 2009.
What is the rent for unit 1406?
AED 130,000 a year on the contract signed on 1 February 2022. The previous contract, from February 2021, was AED 95,000; the unit has been rented since May 2013.
How big is unit 1406?
1,594 sqft (148.1 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2009.
What is unit 1406 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 1406, The Point
Starts from the last sale price (AED 1.6M, 22 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →