2-bed · 1,594 sqftThe Point, Dubai Marina · 17th floor · completed 2009

1701, The Point

Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 3 April 2021
Last soldAED 2.05M23 October 2013
Current rentAED 100K /yr3 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, The Point

What is 1701 worth today?

Last sold for AED 2,050,000 in 2013

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3 Apr 2021RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
3 Apr 2020RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
3 Apr 2019RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
3 Apr 2017RentedRenewal
AED 160,000/yr12 months · AED 100 per sqft
3 Apr 2016RentedNew contract
AED 160,000/yr12 months · AED 100 per sqft
1 Apr 2015RentedNew contract
AED 155,000/yr12 months · AED 97 per sqft
20 Feb 2014RentedNew contract
AED 160,000/yr12 months · AED 100 per sqft
23 Oct 2013SoldReady
AED 2,050,000AED 1,285 per sqft

Source: Dubai Land Department. Updated 3 April 2021.

Key facts

Type
2-bed apartment
Size
1,594 sqft
Floor
17th of 27
Parking
B2-84
Developer
Point Development
Completed
2009
Service charge
AED 38,000 /yr
Last sold
AED 2.05M · October 2013
Building
The Point

About 1701, The Point

1701 is a two-bedroom apartment of 1,594 sqft on the 17th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 23 October 2013 for AED 2,050,000, or AED 1,285 per sqft, 4% above the AED 1,231 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 3 April 2021, is AED 100,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 38,000 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, April 2009: AED 1,779,950 (AED 1,116 per sqft)Sold, August 2010: AED 1,779,950 (AED 1,116 per sqft)Sold, October 2013: AED 2,050,000 (AED 1,285 per sqft)

1701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in The Point
100K150K2012201620202024Typical 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 128,708New contract, February 2014: AED 160,000 a yearNew contract, April 2015: AED 155,000 a yearNew contract, April 2016: AED 160,000 a yearRenewal, April 2017: AED 160,000 a yearRenewal, April 2019: AED 130,000 a yearRenewal, April 2020: AED 100,000 a yearRenewal, April 2021: AED 100,000 a year

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 1701 sits

All 52 2-beds →

1701 last sold in October 2013 at AED 1,285 per sqft, 4% above what two-beds in The Point were fetching at the time (AED 1,231). 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. 1701's AED 100,000 is at the bottom of that range.

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 17th floor

All 188 units in The Point
Value
17021-bedAED 1.65M · Apr 2026
17032-bedAED 1.58M · Jun 2015
17042-bedAED 1.3M · Jun 2021
17051-bedAED 1.18M · Nov 2016
17062-bedAED 1.85M · Apr 2022

1701, The Point in numbers

  • Sold 3 times: first on 21 April 2009 for AED 1,779,950, last on 23 October 2013 for AED 2,050,000 (AED 1,285 per sqft).
  • Rented since February 2014 on 7 Ejari contracts, from AED 160,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 4.9%, before a service charge of about AED 38,000 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 3 April 2021.

Questions about 1701, The Point

What did unit 1701 last sell for?

AED 2,050,000 on 23 October 2013: AED 1,285 per sqft for 1,594 sqft. The unit has 3 registered sales; the first was AED 1,779,950 in April 2009.

What is the rent for unit 1701?

AED 100,000 a year on the contract renewed on 3 April 2021. The previous contract, from April 2020, was AED 100,000; the unit has been rented since February 2014.

How big is unit 1701?

1,594 sqft (148.1 sqm): a two-bedroom apartment on the 17th floor of a 27-storey tower completed in 2009.

What is unit 1701 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 1701, The Point

Starts from the last sale price (AED 2.05M, 23 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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