409, The Point
Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, The Point
What is 409 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 9 November 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 4th of 27
- Parking
- B3-50
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 18,700 /yr
- Last sold
- AED 890K · November 2020
- Building
- The Point
About 409, The Point
409 is a one-bedroom apartment of 786 sqft on the 4th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 9 November 2020 for AED 890,000, or AED 1,132 per sqft, 26% above the AED 895 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 June 2020, is AED 60,000 a year: a gross yield of 6.7% on the 2020 price, before the service charge of about AED 18,700 a year.
Sales and rents for 409 over time
409 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 409 sits
All 104 1-beds →409 last sold in November 2020 at AED 1,132 per sqft, 26% above what one-beds in The Point were fetching at the time (AED 895). 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. 409's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20269 September 2026 | 760 sqft | 1,650,000 | 2,172 | ||
| 7 Aug 20267 August 2026 | 758 sqft | 1,500,000 | 1,978 | ||
| 26 Jun 202626 June 2026 | 786 sqft | 1,600,000 | 2,035 | ||
| 17 Jun 202617 June 2026 | 760 sqft | 1,500,000 | 1,974 |
The Point
Building188 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%
Other units on the 4th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 758 sqft | AED 820KAED 820,000 · Sep 2012September 2012 | 60,000 /yr | |
| 402 | 1-bed | 786 sqft | AED 1.5MAED 1,495,000 · Jan 2023January 2023 | 115,000 /yr | |
| 403 | 1-bed | 760 sqft | AED 886KAED 886,370 · Jan 2011January 2011 | 90,000 /yr | |
| 404 | Studio | 400 sqft | AED 580KAED 580,000 · Nov 2018November 2018 | 68,000 /yr | |
| 405 | 1-bed | 800 sqft | AED 1.3MAED 1,300,000 · Apr 2019April 2019 | 90,000 /yr | |
| 406 | 1-bed | 800 sqft | AED 1.15MAED 1,150,000 · Jun 2013June 2013 | 60,000 /yr | |
| 407 | Studio | 400 sqft | AED 950KAED 950,000 · Oct 2026October 2026 | 66,000 /yr | |
| 408 | 1-bed | 760 sqft | AED 1.52MAED 1,520,000 · Aug 2014August 2014 | 90,000 /yr | |
| 410 | 1-bed | 755 sqft | AED 1.35MAED 1,350,000 · Sep 2013September 2013 |
409, The Point in numbers
- Sold 3 times: first on 21 April 2009 for AED 969,018, last on 9 November 2020 for AED 890,000 (AED 1,132 per sqft).
- Rented since August 2015 on 4 Ejari contracts, from AED 88,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2020 price is 6.7%, before a service charge of about AED 18,700 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 9 November 2020.
Questions about 409, The Point
What did unit 409 last sell for?
AED 890,000 on 9 November 2020: AED 1,132 per sqft for 786 sqft. The unit has 3 registered sales; the first was AED 969,018 in April 2009.
What is the rent for unit 409?
AED 60,000 a year on the contract signed on 15 June 2020. The previous contract, from March 2019, was AED 80,000; the unit has been rented since August 2015.
How big is unit 409?
786 sqft (73.0 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2009.
What is unit 409 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.
Selling 409? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 409, The Point
Starts from the last sale price (AED 890K, 9 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 890,000
- Deposit, UAE resident (20%)
- AED 178,000
- Deposit, non-resident (40%)
- AED 356,000
- Monthly over 25 years at 3.7%
- AED 3,641
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →