2-bed · 1,212 sqftThe Point, Dubai Marina · 15th floor · completed 2009

1504, The Point

Sold prices and rental history: sold 3 times, last in March 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 31 March 2013
Last soldAED 1.4M31 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, The Point

What is 1504 worth today?

Last sold for AED 1,400,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Mar 2013SoldReady
AED 1,400,000AED 1,155 per sqft
18 Aug 2010SoldReady
AED 1,307,133AED 1,078 per sqft
25 Jan 2009Sold by developerOff-plan
AED 1,307,133AED 1,078 per sqft

Source: Dubai Land Department. Updated 31 March 2013.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
15th of 27
Parking
B2-101
Developer
Point Development
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 1.4M · March 2013
Building
The Point

About 1504, The Point

1504 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 31 March 2013 for AED 1,400,000, or AED 1,155 per sqft, in line with the AED 1,179 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in The Point
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,764,950; 2010 AED 1,342,918; 2011 AED 1,337,634; 2012 AED 1,725,000; 2013 AED 1,986,600; 2017 AED 1,580,000; 2018 AED 1,662,500; 2020 AED 1,220,000; 2021 AED 1,312,500; 2022 AED 1,640,000; 2024 AED 2,200,000; 2025 AED 2,750,000Sold by developer, January 2009: AED 1,307,133 (AED 1,078 per sqft)Sold, August 2010: AED 1,307,133 (AED 1,078 per sqft)Sold, March 2013: AED 1,400,000 (AED 1,155 per sqft)

1504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in The Point
100K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 110,000; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 137,800; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 82,500; 2022 AED 100,000; 2023 AED 112,650; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 128,708

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 1504 sits

All 52 2-beds →

1504 last sold in March 2013 at AED 1,155 per sqft, in line with what two-beds in The Point were fetching at the time (AED 1,179). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Aug 20262,200,000
10 Apr 20263,000,000
27 Nov 20252,820,000
21 Nov 20252,200,000
4 2-bed sales in the last 12 months

The Point

Building

188 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%
The Point, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 188 units in The Point
Value
15012-bedAED 1.77M · Aug 2010
15021-bedAED 680K · Sep 2020
15032-bedAED 2.1M · Oct 2024
15051-bedAED 1.45M · Mar 2014
15062-bedAED 1.7M · Mar 2012

1504, The Point in numbers

  • Sold 3 times: first on 25 January 2009 for AED 1,307,133, last on 31 March 2013 for AED 1,400,000 (AED 1,155 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 31 March 2013.

Questions about 1504, The Point

What did unit 1504 last sell for?

AED 1,400,000 on 31 March 2013: AED 1,155 per sqft for 1,212 sqft. The unit has 3 registered sales; the first was AED 1,307,133 in January 2009.

How big is unit 1504?

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 1504 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.

Selling 1504? 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.

How OpenOffers works

Mortgage on 1504, The Point

Starts from the last sale price (AED 1.4M, 31 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →