2-bed · 1,594 sqftThe Point, Dubai Marina · 22nd floor · completed 2009

2206, The Point

Sold prices and rental history: sold 4 times, last in December 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2206 · DLD and Ejari recordsUpdated 11 November 2022
Last soldAED 2.35M19 December 2013
Current rentAED 128K /yr11 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2206, The Point

What is 2206 worth today?

Last sold for AED 2,350,000 in 2013

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11 Nov 2022RentedRenewal
AED 128,000/yr12 months · AED 80 per sqft
11 Nov 2021RentedNew contract
AED 112,000/yr12 months · AED 70 per sqft
17 Feb 2021RentedNew contract
AED 92,000/yr12 months · AED 58 per sqft
22 Jul 2019RentedNew contract
AED 125,000/yr12 months · AED 78 per sqft
19 Dec 2013SoldReady
AED 2,350,000AED 1,473 per sqft
18 Aug 2010SoldReady
AED 1,797,730AED 1,127 per sqft
5 Nov 2009Sold by developerOff-plan
AED 1,797,730AED 1,127 per sqft
5 Nov 2009SoldOff-plan
AED 1,797,730AED 1,127 per sqft

Source: Dubai Land Department. Updated 11 November 2022.

Key facts

Type
2-bed apartment
Size
1,594 sqft
Floor
22nd of 27
Parking
B1-170,B1-171
Developer
Point Development
Completed
2009
Service charge
AED 38,000 /yr
Last sold
AED 2.35M · December 2013
Building
The Point

About 2206, The Point

2206 is a two-bedroom apartment of 1,594 sqft on the 22nd floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 19 December 2013 for AED 2,350,000, or AED 1,473 per sqft, 17% above the AED 1,263 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 11 November 2022, is AED 128,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 38,000 a year.

Sales and rents for 2206 over time

Sales
Unit 2206, 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, November 2009: AED 1,797,730 (AED 1,127 per sqft)Sold, November 2009: AED 1,797,730 (AED 1,127 per sqft)Sold, August 2010: AED 1,797,730 (AED 1,127 per sqft)Sold, December 2013: AED 2,350,000 (AED 1,473 per sqft)

2206 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2206, 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 128,708New contract, July 2019: AED 125,000 a yearNew contract, February 2021: AED 92,000 a yearNew contract, November 2021: AED 112,000 a yearRenewal, November 2022: AED 128,000 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 2206 sits

All 52 2-beds →

2206 last sold in December 2013 at AED 1,473 per sqft, 17% above what two-beds in The Point were fetching at the time (AED 1,263). 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. 2206's AED 128,000 is in the lower half 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 22nd floor

All 188 units in The Point
Value
22012-bedAED 2.05M · Jul 2017
22021-bedAED 918K · Apr 2021
22032-bedAED 775K · Dec 2022
22042-bedAED 1.44M · Aug 2013
22051-bedAED 1.23M · Dec 2016

2206, The Point in numbers

  • Sold 4 times: first on 5 November 2009 for AED 1,797,730, last on 19 December 2013 for AED 2,350,000 (AED 1,473 per sqft).
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 125,000 to AED 92,000 in 2021 and recovered to AED 128,000 by November 2022.
  • At AED 128,000 a year the gross yield on the 2013 price is 5.5%, 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 11 November 2022.

Questions about 2206, The Point

What did unit 2206 last sell for?

AED 2,350,000 on 19 December 2013: AED 1,473 per sqft for 1,594 sqft. The unit has 4 registered sales; the first was AED 1,797,730 in November 2009.

What is the rent for unit 2206?

AED 128,000 a year on the contract renewed on 11 November 2022. The previous contract, from November 2021, was AED 112,000; the unit has been rented since July 2019.

How big is unit 2206?

1,594 sqft (148.1 sqm): a two-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2009.

What is unit 2206 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 2206, The Point

Starts from the last sale price (AED 2.35M, 19 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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