1-bed · 760 sqftThe Point, Dubai Marina · 6th floor · completed 2009

603, The Point

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 1.5M24 September 2024
Current rentAED 100K /yr17 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, The Point

What is 603 worth today?

Last sold for AED 1,500,000 in 2024

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17 Dec 2024RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
24 Sep 2024SoldReady
AED 1,500,000AED 1,974 per sqft
3 Jul 2020RentedNew contract
AED 62,000/yr12 months · AED 81 per sqft
3 Jul 2019RentedNew contract
AED 69,000/yr12 months · AED 90 per sqft
24 Jun 2018RentedRenewal
AED 90,000/yr12 months · AED 118 per sqft
24 Jun 2017RentedNew contract
AED 95,000/yr12 months · AED 124 per sqft
23 Jul 2015SoldReady
AED 1,200,000AED 1,579 per sqft
3 Oct 2013SoldReady
AED 897,394AED 1,181 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
6th of 27
Parking
B3-73
Developer
Point Development
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.5M · September 2024
Building
The Point

About 603, The Point

603 is a one-bedroom apartment of 760 sqft on the 6th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 24 September 2024 for AED 1,500,000, or AED 1,974 per sqft, 7% above the AED 1,849 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 17 December 2024, is AED 100,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 18,100 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, October 2009: AED 897,394 (AED 1,181 per sqft)Sold, October 2009: AED 897,394 (AED 1,181 per sqft)Sold, October 2013: AED 897,394 (AED 1,181 per sqft)Sold, July 2015: AED 1,200,000 (AED 1,579 per sqft)Sold, September 2024: AED 1,500,000 (AED 1,974 per sqft)

603 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, 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 2012: AED 64,000 a yearNew contract, June 2017: AED 95,000 a yearRenewal, June 2018: AED 90,000 a yearNew contract, July 2019: AED 69,000 a yearNew contract, July 2020: AED 62,000 a yearNew contract, December 2024: AED 100,000 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 603 sits

All 104 1-beds →

603 last sold in September 2024 at AED 1,974 per sqft, 7% above what one-beds in The Point were fetching at the time (AED 1,849). 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. 603's AED 100,000 is in the upper 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 6th floor

All 188 units in The Point
Value
6011-bedAED 1.54M · Apr 2025
6021-bedAED 874K · Aug 2010
604StudioAED 625K · Aug 2013
6051-bedAED 735K · Nov 2020
6061-bedAED 1.35M · Feb 2015
607StudioAED 940K · Jun 2017
6081-bedAED 922K · Feb 2013
1–7 of 9

603, The Point in numbers

  • Sold 5 times: first on 8 October 2009 for AED 897,394, last on 24 September 2024 for AED 1,500,000 (AED 1,974 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 64,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 6.7%, 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 17 December 2024.

Questions about 603, The Point

What did unit 603 last sell for?

AED 1,500,000 on 24 September 2024: AED 1,974 per sqft for 760 sqft. The unit has 5 registered sales; the first was AED 897,394 in October 2009.

What is the rent for unit 603?

AED 100,000 a year on the contract signed on 17 December 2024. The previous contract, from July 2020, was AED 62,000; the unit has been rented since December 2012.

How big is unit 603?

760 sqft (70.6 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2009.

What is unit 603 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 603, The Point

Starts from the last sale price (AED 1.5M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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