Studio · 400 sqftThe Point, Dubai Marina · 3rd floor · completed 2009

304, The Point

Sold prices and rental history: sold 4 times, last in July 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 340K5 July 2011
Current rentAED 60K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, The Point

What is 304 worth today?

Last sold for AED 340,000 in 2011

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20 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
20 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
15 Jan 2020RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
15 Jan 2019RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
28 Apr 2017RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
17 Aug 2014RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
5 Jul 2011SoldReady
AED 340,000AED 849 per sqft
15 Feb 2011SoldReady
AED 350,000AED 874 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
3rd of 27
Parking
B3-3
Developer
Point Development
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 340K · July 2011
Building
The Point

About 304, The Point

304 is a studio of 400 sqft on the 3rd floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 5 July 2011 for AED 340,000, or AED 849 per sqft, 37% below the AED 1,354 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 February 2024, is AED 60,000 a year: a gross yield of 17.6% on the 2011 price, before the service charge of about AED 9,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in The Point
500K1M2009201220152018Typical sale price by year: 2009 AED 578,048; 2010 AED 529,149; 2011 AED 578,056; 2013 AED 588,821; 2016 AED 740,000; 2017 AED 930,000Sold by developer, January 2009: AED 489,951 (AED 1,224 per sqft)Sold, August 2010: AED 489,951 (AED 1,224 per sqft)Sold, February 2011: AED 350,000 (AED 874 per sqft)Sold, July 2011: AED 340,000 (AED 849 per sqft)

304 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 304, each contractTypical studio in The Point
40K60K2012201620202024Typical rent by year: 2012 AED 38,000; 2013 AED 48,500; 2014 AED 55,650; 2015 AED 65,000; 2016 AED 67,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 65,000New contract, August 2014: AED 60,000 a yearNew contract, April 2017: AED 60,000 a yearNew contract, January 2019: AED 50,000 a yearRenewal, January 2020: AED 45,000 a yearNew contract, February 2024: AED 60,000 a yearNew contract, February 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Point, and where 304 sits

All 22 studios →

304 last sold in July 2011 at AED 849 per sqft, 37% below what studios in The Point were fetching at the time (AED 1,354). Over the last 12 months studios sold for AED 950,000, around AED 2,373 per sqft, and rent for AED 47,500 to 80,000 a year. 304's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Oct 2026950,000
9 May 20251,240,000
30 Sep 20241,000,000
28 Feb 2022550,000
1 studio sale 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 3rd floor

All 188 units in The Point
Value
3011-bedAED 990K · Aug 2010
3021-bedAED 1.1M · Jun 2024
3031-bedAED 1.58M · Jul 2025
3051-bedAED 1.25M · Feb 2020
3061-bedAED 663K · Dec 2017
307StudioAED 700K · Jan 2019
3081-bedAED 1.73M · Jun 2026
1–7 of 9

304, The Point in numbers

  • Sold 4 times: first on 25 January 2009 for AED 489,951, last on 5 July 2011 for AED 340,000 (AED 849 per sqft).
  • Rented since August 2014 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2020 and recovered to AED 60,000 by February 2024.
  • At AED 60,000 a year the gross yield on the 2011 price is 17.6%, before a service charge of about AED 9,500 a year (AED 23.83 per sqft).
  • Studios in The Point sold for AED 950,000–950,000 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 20 February 2024.

Questions about 304, The Point

What did unit 304 last sell for?

AED 340,000 on 5 July 2011: AED 849 per sqft for 400 sqft. The unit has 4 registered sales; the first was AED 489,951 in January 2009.

What is the rent for unit 304?

AED 60,000 a year on the contract signed on 20 February 2024. The previous contract, from February 2024, was AED 60,000; the unit has been rented since August 2014.

How big is unit 304?

400 sqft (37.2 sqm): a studio on the 3rd floor of a 27-storey tower completed in 2009.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Point sold for AED 950,000 to 950,000 in the last 12 months, around AED 2,373 per sqft.

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Mortgage on 304, The Point

Starts from the last sale price (AED 340K, 5 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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