1503, The Point
Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, The Point
What is 1503 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,212 sqft
- Floor
- 15th of 27
- Parking
- B2-100
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.1M · October 2024
- Building
- The Point
About 1503, The Point
1503 is a two-bedroom apartment of 1,212 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 16 October 2024 for AED 2,100,000, or AED 1,732 per sqft, 9% below the AED 1,910 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 24 September 2016, is AED 138,600 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 28,900 a year.
Sales and rents for 1503 over time
1503 has sold 5 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 1503 sits
All 52 2-beds →1503 last sold in October 2024 at AED 1,732 per sqft, 9% below what two-beds in The Point were fetching at the time (AED 1,910). 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. 1503's AED 138,600 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 | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,594 sqft | AED 1.77MAED 1,769,950 · Aug 2010August 2010 | 150,000 /yr | |
| 1502 | 1-bed | 760 sqft | AED 680KAED 680,000 · Sep 2020September 2020 | 90,000 /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 |
1503, The Point in numbers
- Sold 5 times: first on 18 February 2009 for AED 1,371,344, last on 16 October 2024 for AED 2,100,000 (AED 1,732 per sqft).
- Rented since March 2014 on 4 Ejari contracts, from AED 120,000 to AED 138,600 a year.
- At AED 138,600 a year the gross yield on the 2024 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 16 October 2024.
Questions about 1503, The Point
What did unit 1503 last sell for?
AED 2,100,000 on 16 October 2024: AED 1,732 per sqft for 1,212 sqft. The unit has 5 registered sales; the first was AED 1,371,344 in February 2009.
What is the rent for unit 1503?
AED 138,600 a year on the contract signed on 24 September 2016. The previous contract, from September 2015, was AED 138,600; the unit has been rented since March 2014.
How big is unit 1503?
1,212 sqft (112.6 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2009.
What is unit 1503 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 1503, The Point
Starts from the last sale price (AED 2.1M, 16 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →