1505, The Point
Sold prices and rental history: sold 4 times, last in March 2014, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, The Point
What is 1505 worth today?
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Source: Dubai Land Department. Updated 20 May 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 760 sqft
- Floor
- 15th of 27
- Parking
- B2-135
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.45M · March 2014
- Building
- The Point
About 1505, The Point
1505 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 23 March 2014 for AED 1,450,000, or AED 1,909 per sqft, 29% above the AED 1,482 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 5 Ejari contracts. The current contract, signed on 20 May 2019, is AED 85,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1505 over time
1505 has sold 4 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 1505 sits
All 104 1-beds →1505 last sold in March 2014 at AED 1,909 per sqft, 29% above what one-beds in The Point were fetching at the time (AED 1,482). 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. 1505's AED 85,000 is in the lower 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 | |
| 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 | ||
| 1506 | 2-bed | 1,594 sqft | AED 1.7MAED 1,700,000 · Mar 2012March 2012 | 183,000 /yr |
1505, The Point in numbers
- Sold 4 times: first on 5 May 2009 for AED 1,269,873, last on 23 March 2014 for AED 1,450,000 (AED 1,909 per sqft).
- Rented since April 2011 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 63,000 in 2019 and recovered to AED 85,000 by May 2019.
- At AED 85,000 a year the gross yield on the 2014 price is 5.9%, 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 20 May 2019.
Questions about 1505, The Point
What did unit 1505 last sell for?
AED 1,450,000 on 23 March 2014: AED 1,909 per sqft for 760 sqft. The unit has 4 registered sales; the first was AED 1,269,873 in May 2009.
What is the rent for unit 1505?
AED 85,000 a year on the contract signed on 20 May 2019. The previous contract, from April 2019, was AED 63,000; the unit has been rented since April 2011.
How big is unit 1505?
760 sqft (70.6 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2009.
What is unit 1505 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.
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Mortgage on 1505, The Point
Starts from the last sale price (AED 1.45M, 23 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →