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1-bed · 760 sqftThe Point, Dubai Marina · 17th floor · completed 2009

1705, The Point

Sold prices and rental history: sold 3 times, last in November 2016, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 14 December 2017
Last soldAED 1.18M24 November 2016
Current rentAED 85K /yr14 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1705, The Point

What is 1705 worth today?

Last sold for AED 1,180,000 in 2016

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14 Dec 2017RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
24 Nov 2016SoldReady
AED 1,180,000AED 1,553 per sqft
17 Aug 2010SoldReady
AED 1,269,873AED 1,671 per sqft
30 Jul 2009Sold by developerOff-plan
AED 1,269,873AED 1,671 per sqft

Source: Dubai Land Department. Updated 14 December 2017.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
17th of 27
Parking
B2-139
Developer
Point Development
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.18M · November 2016
Building
The Point

About 1705, The Point

1705 is a one-bedroom apartment of 760 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 24 November 2016 for AED 1,180,000, or AED 1,553 per sqft, in line with the AED 1,534 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 December 2017. The current contract, signed on 14 December 2017, is AED 85,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical one-bed in The Point
1M1.5M2009201420192024Typical sale price by year: 2009 AED 917,215; 2010 AED 894,248; 2011 AED 946,944; 2012 AED 840,000; 2013 AED 1,060,000; 2014 AED 1,450,000; 2015 AED 1,350,000; 2016 AED 1,212,500; 2017 AED 1,200,000; 2018 AED 1,221,015; 2019 AED 950,000; 2020 AED 734,800; 2021 AED 875,000; 2022 AED 1,172,500; 2023 AED 1,250,000; 2024 AED 1,487,500; 2025 AED 1,585,000; 2026 AED 1,625,000Sold by developer, July 2009: AED 1,269,873 (AED 1,671 per sqft)Sold, August 2010: AED 1,269,873 (AED 1,671 per sqft)Sold, November 2016: AED 1,180,000 (AED 1,553 per sqft)

1705 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1705, each contractTypical one-bed in The Point
60K80K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 68,250; 2013 AED 73,500; 2014 AED 88,000; 2015 AED 94,500; 2016 AED 92,750; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 80,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 68,200; 2023 AED 75,000; 2024 AED 90,300; 2025 AED 90,000; 2026 AED 90,000New contract, December 2017: AED 85,000 a year

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 1705 sits

All 104 1-beds →

1705 last sold in November 2016 at AED 1,553 per sqft, in line with what one-beds in The Point were fetching at the time (AED 1,534). 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. 1705's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Sep 20261,650,000
7 Aug 20261,500,000
26 Jun 20261,600,000
17 Jun 20261,500,000
10 1-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
17012-bedAED 2.05M · Oct 2013
17021-bedAED 1.65M · Apr 2026
17032-bedAED 1.58M · Jun 2015
17042-bedAED 1.3M · Jun 2021
17062-bedAED 1.85M · Apr 2022

1705, The Point in numbers

  • Sold 3 times: first on 30 July 2009 for AED 1,269,873, last on 24 November 2016 for AED 1,180,000 (AED 1,553 per sqft).
  • Rented since December 2017 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 7.2%, 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 14 December 2017.

Questions about 1705, The Point

What did unit 1705 last sell for?

AED 1,180,000 on 24 November 2016: AED 1,553 per sqft for 760 sqft. The unit has 3 registered sales; the first was AED 1,269,873 in July 2009.

What is the rent for unit 1705?

AED 85,000 a year on the contract signed on 14 December 2017.

How big is unit 1705?

760 sqft (70.6 sqm): a one-bedroom apartment on the 17th floor of a 27-storey tower completed in 2009.

What is unit 1705 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 1705, The Point

Starts from the last sale price (AED 1.18M, 24 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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