702, The Point
Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, The Point
What is 702 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 7th of 27
- Parking
- B3-80
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 18,700 /yr
- Last sold
- AED 1.36M · October 2024
- Building
- The Point
About 702, The Point
702 is a one-bedroom apartment of 786 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 14 October 2024 for AED 1,360,000, or AED 1,730 per sqft, 6% below the AED 1,849 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 10 July 2024, is AED 105,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 18,700 a year.
Sales and rents for 702 over time
702 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 702 sits
All 104 1-beds →702 last sold in October 2024 at AED 1,730 per sqft, 6% below 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. 702's AED 105,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 758 sqft | AED 1.17MAED 1,170,000 · Nov 2022November 2022 | 93,500 /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 |
702, The Point in numbers
- Sold 4 times: first on 2 April 2009 for AED 958,511, last on 14 October 2024 for AED 1,360,000 (AED 1,730 per sqft).
- Rented since August 2012 on 10 Ejari contracts, from AED 60,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 7.7%, 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 14 October 2024.
Questions about 702, The Point
What did unit 702 last sell for?
AED 1,360,000 on 14 October 2024: AED 1,730 per sqft for 786 sqft. The unit has 4 registered sales; the first was AED 958,511 in April 2009.
What is the rent for unit 702?
AED 105,000 a year on the contract signed on 10 July 2024. The previous contract, from July 2022, was AED 60,500; the unit has been rented since August 2012.
How big is unit 702?
786 sqft (73.0 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2009.
What is unit 702 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 702, The Point
Starts from the last sale price (AED 1.36M, 14 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,360,000
- Deposit, UAE resident (20%)
- AED 272,000
- Deposit, non-resident (40%)
- AED 544,000
- Monthly over 25 years at 3.7%
- AED 5,564
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →