2-bed · 1,685 sqftThe Point, Dubai Marina · 26th floor · completed 2009

2603, The Point

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 2.1M28 February 2022
Current rentAED 75K /yr23 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, The Point

What is 2603 worth today?

Last sold for AED 2,100,000 in 2022

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23 May 2023RentedNew contract
AED 75,000/yr36 months · AED 44 per sqft
28 Feb 2022SoldReady
AED 2,100,000AED 1,246 per sqft
6 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 53 per sqft
6 Mar 2020RentedNew contract
AED 95,000/yr12 months · AED 56 per sqft
24 Aug 2017RentedNew contract
AED 130,000/yr12 months · AED 77 per sqft
21 Aug 2016RentedNew contract
AED 140,000/yr12 months · AED 83 per sqft
1 Aug 2015RentedNew contract
AED 147,396/yr12 months · AED 87 per sqft
5 Sep 2013RentedNew contract
AED 145,200/yr5 months · AED 86 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
2-bed apartment
Size
1,685 sqft
Floor
26th of 27
Parking
B1-180
Developer
Point Development
Completed
2009
Service charge
AED 40,200 /yr
Last sold
AED 2.1M · February 2022
Building
The Point

About 2603, The Point

2603 is a two-bedroom apartment of 1,685 sqft on the 26th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 28 February 2022 for AED 2,100,000, or AED 1,246 per sqft, 6% above the AED 1,170 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 23 May 2023, is AED 75,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 40,200 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, January 2009: AED 1,909,940 (AED 1,133 per sqft)Sold, August 2010: AED 1,909,940 (AED 1,133 per sqft)Sold, February 2022: AED 2,100,000 (AED 1,246 per sqft)

2603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, 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, September 2012: AED 132,000 a yearNew contract, September 2013: AED 145,200 a yearNew contract, August 2015: AED 147,396 a yearNew contract, August 2016: AED 140,000 a yearNew contract, August 2017: AED 130,000 a yearNew contract, March 2020: AED 95,000 a yearNew contract, March 2021: AED 90,000 a yearNew contract, May 2023: AED 75,000 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 2603 sits

All 52 2-beds →

2603 last sold in February 2022 at AED 1,246 per sqft, 6% above what two-beds in The Point were fetching at the time (AED 1,170). 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. 2603's AED 75,000 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 26th floor

All 188 units in The Point
Value
26012-bedAED 1.19M · Aug 2010
26022-bedAED 2.85M · May 2025
26042-bedAED 1.26M · Aug 2010

2603, The Point in numbers

  • Sold 3 times: first on 27 January 2009 for AED 1,909,940, last on 28 February 2022 for AED 2,100,000 (AED 1,246 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 132,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 40,200 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 23 May 2023.

Questions about 2603, The Point

What did unit 2603 last sell for?

AED 2,100,000 on 28 February 2022: AED 1,246 per sqft for 1,685 sqft. The unit has 3 registered sales; the first was AED 1,909,940 in January 2009.

What is the rent for unit 2603?

AED 75,000 a year on the contract signed on 23 May 2023. The previous contract, from March 2021, was AED 90,000; the unit has been rented since September 2012.

How big is unit 2603?

1,685 sqft (156.5 sqm): a two-bedroom apartment on the 26th floor of a 27-storey tower completed in 2009.

What is unit 2603 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 2603, The Point

Starts from the last sale price (AED 2.1M, 28 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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