1502, The Point
Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, The Point
What is 1502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 21 September 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 760 sqft
- Floor
- 15th of 27
- Parking
- B2-134
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 680K · September 2020
- Building
- The Point
About 1502, The Point
1502 is a one-bedroom apartment of 760 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 21 September 2020 for AED 680,000, or AED 895 per sqft, in line with the AED 877 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 20 January 2019, is AED 90,000 a year: a gross yield of 13.2% on the 2020 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1502 over time
1502 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 1502 sits
All 104 1-beds →1502 last sold in September 2020 at AED 895 per sqft, in line with what one-beds in The Point were fetching at the time (AED 877). 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. 1502's AED 90,000 is in the upper 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 15th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,594 sqft | AED 1.77MAED 1,769,950 · Aug 2010August 2010 | 150,000 /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 |
1502, The Point in numbers
- Sold 3 times: first on 25 January 2009 for AED 836,136, last on 21 September 2020 for AED 680,000 (AED 895 per sqft).
- Rented since January 2012 on 7 Ejari contracts, from AED 68,250 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2020 price is 13.2%, 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 21 September 2020.
Questions about 1502, The Point
What did unit 1502 last sell for?
AED 680,000 on 21 September 2020: AED 895 per sqft for 760 sqft. The unit has 3 registered sales; the first was AED 836,136 in January 2009.
What is the rent for unit 1502?
AED 90,000 a year on the contract renewed on 20 January 2019. The previous contract, from January 2018, was AED 90,000; the unit has been rented since January 2012.
How big is unit 1502?
760 sqft (70.6 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2009.
What is unit 1502 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.
Selling 1502? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1502, The Point
Starts from the last sale price (AED 680K, 21 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →