1501, The Point
Sold prices and rental history: sold twice, last in August 2010, 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 1501, The Point
What is 1501 worth today?
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Source: Dubai Land Department. Updated 25 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,594 sqft
- Floor
- 15th of 27
- Parking
- B1-188
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 38,000 /yr
- Last sold
- AED 1.77M · August 2010
- Building
- The Point
About 1501, The Point
1501 is a two-bedroom apartment of 1,594 sqft on the 15th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 17 August 2010 for AED 1,769,950, or AED 1,110 per sqft, in line with the AED 1,103 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 25 March 2023, is AED 150,000 a year: a gross yield of 8.5% on the 2010 price, before the service charge of about AED 38,000 a year.
Sales and rents for 1501 over time
1501 has sold twice; 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 1501 sits
All 52 2-beds →1501 last sold in August 2010 at AED 1,110 per sqft, in line with what two-beds in The Point were fetching at the time (AED 1,103). 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. 1501's AED 150,000 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 15th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 760 sqft | AED 680KAED 680,000 · Sep 2020September 2020 | 90,000 /yr | |
| 1503 | 2-bed | 1,212 sqft | AED 2.1MAED 2,100,000 · Oct 2024October 2024 | 138,600 /yr | |
| 1504 | 2-bed | 1,212 sqft | AED 1.4MAED 1,400,000 · Mar 2013March 2013 | ||
| 1505 | 1-bed | 760 sqft | AED 1.45MAED 1,450,000 · Mar 2014March 2014 | 85,000 /yr | |
| 1506 | 2-bed | 1,594 sqft | AED 1.7MAED 1,700,000 · Mar 2012March 2012 | 183,000 /yr |
1501, The Point in numbers
- Sold twice: first on 21 April 2009 for AED 1,769,950, last on 17 August 2010 for AED 1,769,950 (AED 1,110 per sqft).
- Rented since November 2013 on 4 Ejari contracts. The rent fell from AED 144,598 to AED 82,000 in 2021 and recovered to AED 150,000 by March 2023.
- At AED 150,000 a year the gross yield on the 2010 price is 8.5%, 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 25 March 2023.
Questions about 1501, The Point
What did unit 1501 last sell for?
AED 1,769,950 on 17 August 2010: AED 1,110 per sqft for 1,594 sqft. The unit has 2 registered sales; the first was AED 1,769,950 in April 2009.
What is the rent for unit 1501?
AED 150,000 a year on the contract signed on 25 March 2023. The previous contract, from March 2022, was AED 120,000; the unit has been rented since November 2013.
How big is unit 1501?
1,594 sqft (148.1 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2009.
What is unit 1501 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 1501, The Point
Starts from the last sale price (AED 1.77M, 17 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,769,950
- Deposit, UAE resident (20%)
- AED 353,990
- Deposit, non-resident (40%)
- AED 707,980
- Monthly over 25 years at 3.7%
- AED 7,241
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →