1605, The Point
Sold prices and rental history: sold 4 times, last in March 2022, 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 1605, The Point
What is 1605 worth today?
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Source: Dubai Land Department. Updated 13 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 760 sqft
- Floor
- 16th of 27
- Parking
- B2-137
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.02M · March 2022
- Building
- The Point
About 1605, The Point
1605 is a one-bedroom apartment of 760 sqft on the 16th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 25 March 2022 for AED 1,020,000, or AED 1,342 per sqft, in line with the AED 1,335 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 13 October 2024, is AED 76,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 104 1-beds →1605 last sold in March 2022 at AED 1,342 per sqft, in line with what one-beds in The Point were fetching at the time (AED 1,335). 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. 1605's AED 76,000 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 16th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,594 sqft | AED 2.05MAED 2,050,000 · Apr 2017April 2017 | 205,000 /yr | |
| 1602 | 1-bed | 760 sqft | AED 1.39MAED 1,390,000 · Mar 2023March 2023 | 60,000 /yr | |
| 1603 | 2-bed | 1,212 sqft | AED 1.85MAED 1,850,000 · May 2018May 2018 | 120,000 /yr | |
| 1604 | 2-bed | 1,212 sqft | AED 2.05MAED 2,050,000 · Oct 2025October 2025 | 116,886 /yr | |
| 1606 | 2-bed | 1,594 sqft | AED 2.05MAED 2,045,896 · Aug 2010August 2010 | 150,000 /yr |
1605, The Point in numbers
- Sold 4 times: first on 30 July 2009 for AED 1,269,873, last on 25 March 2022 for AED 1,020,000 (AED 1,342 per sqft).
- Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2020 and recovered to AED 76,000 by October 2024.
- At AED 76,000 a year the gross yield on the 2022 price is 7.4%, 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 13 October 2024.
Questions about 1605, The Point
What did unit 1605 last sell for?
AED 1,020,000 on 25 March 2022: AED 1,342 per sqft for 760 sqft. The unit has 4 registered sales; the first was AED 1,269,873 in July 2009.
What is the rent for unit 1605?
AED 76,000 a year on the contract renewed on 13 October 2024. The previous contract, from October 2023, was AED 69,000; the unit has been rented since May 2014.
How big is unit 1605?
760 sqft (70.6 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2009.
What is unit 1605 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 1605, The Point
Starts from the last sale price (AED 1.02M, 25 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,000
- Deposit, UAE resident (20%)
- AED 204,000
- Deposit, non-resident (40%)
- AED 408,000
- Monthly over 25 years at 3.7%
- AED 4,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →