701, The Point
Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, The Point
What is 701 worth today?
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Source: Dubai Land Department. Updated 20 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 7th of 27
- Parking
- B3-79
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.17M · November 2022
- Building
- The Point
About 701, The Point
701 is a one-bedroom apartment of 758 sqft on the 7th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 18 November 2022 for AED 1,170,000, or AED 1,543 per sqft, 5% above the AED 1,471 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 8 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 93,500 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 18,100 a year.
Sales and rents for 701 over time
701 has sold 4 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 701 sits
All 104 1-beds →701 last sold in November 2022 at AED 1,543 per sqft, 5% above what one-beds in The Point were fetching at the time (AED 1,471). 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. 701's AED 93,500 is in the upper 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 7th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 786 sqft | AED 1.36MAED 1,360,000 · Oct 2024October 2024 | 105,000 /yr | |
| 703 | 1-bed | 760 sqft | AED 812KAED 811,751 · Aug 2010August 2010 | 85,780 /yr | |
| 704 | Studio | 400 sqft | AED 520KAED 519,950 · Aug 2010August 2010 | 48,000 /yr | |
| 705 | 1-bed | 800 sqft | AED 1.48MAED 1,475,000 · Sep 2024September 2024 | 95,000 /yr | |
| 706 | 1-bed | 800 sqft | AED 665KAED 665,000 · Jun 2016June 2016 | ||
| 707 | Studio | 400 sqft | AED 550KAED 550,000 · Feb 2022February 2022 | 60,000 /yr | |
| 708 | 1-bed | 760 sqft | AED 947KAED 946,944 · Jan 2011January 2011 | 75,000 /yr | |
| 709 | 1-bed | 786 sqft | AED 922KAED 922,210 · Aug 2010August 2010 | 80,000 /yr | |
| 710 | 1-bed | 755 sqft | AED 1.45MAED 1,450,000 · Nov 2022November 2022 | 68,250 /yr |
701, The Point in numbers
- Sold 4 times: first on 27 January 2009 for AED 1,024,020, last on 18 November 2022 for AED 1,170,000 (AED 1,543 per sqft).
- Rented since June 2011 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 57,000 in 2020 and recovered to AED 93,500 by September 2023.
- At AED 93,500 a year the gross yield on the 2022 price is 8.0%, 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 20 September 2023.
Questions about 701, The Point
What did unit 701 last sell for?
AED 1,170,000 on 18 November 2022: AED 1,543 per sqft for 758 sqft. The unit has 4 registered sales; the first was AED 1,024,020 in January 2009.
What is the rent for unit 701?
AED 93,500 a year on the contract renewed on 20 September 2023. The previous contract, from September 2023, was AED 93,500; the unit has been rented since June 2011.
How big is unit 701?
758 sqft (70.4 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2009.
What is unit 701 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 701, The Point
Starts from the last sale price (AED 1.17M, 18 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,170,000
- Deposit, UAE resident (20%)
- AED 234,000
- Deposit, non-resident (40%)
- AED 468,000
- Monthly over 25 years at 3.7%
- AED 4,787
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →