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1-bed · 800 sqftThe Point, Dubai Marina · 7th floor · completed 2009

706, The Point

Sold prices and rental history: sold 4 times, last in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 28 June 2016
Last soldAED 665K28 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, The Point

What is 706 worth today?

Last sold for AED 665,000 in 2016

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28 Jun 2016SoldReady
AED 665,000AED 831 per sqft
6 Sep 2012SoldReady
AED 840,000AED 1,050 per sqft
27 Dec 2010SoldReady
AED 859,950AED 1,075 per sqft
27 Jan 2009Sold by developerOff-plan
AED 859,950AED 1,075 per sqft

Source: Dubai Land Department. Updated 28 June 2016.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
7th of 27
Parking
B3-61
Developer
Point Development
Completed
2009
Service charge
AED 19,100 /yr
Last sold
AED 665K · June 2016
Building
The Point

About 706, The Point

706 is a one-bedroom apartment of 800 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 28 June 2016 for AED 665,000, or AED 831 per sqft, 47% below the AED 1,579 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in The Point
500K1M1.5M2009201420192024Typical 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, January 2009: AED 859,950 (AED 1,075 per sqft)Sold, December 2010: AED 859,950 (AED 1,075 per sqft)Sold, September 2012: AED 840,000 (AED 1,050 per sqft)Sold, June 2016: AED 665,000 (AED 831 per sqft)

706 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, 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 90,000

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 706 sits

All 104 1-beds →

706 last sold in June 2016 at AED 831 per sqft, 47% below what one-beds in The Point were fetching at the time (AED 1,579). 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.

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 7th floor

All 188 units in The Point
Value
7011-bedAED 1.17M · Nov 2022
7021-bedAED 1.36M · Oct 2024
7031-bedAED 812K · Aug 2010
704StudioAED 520K · Aug 2010
7051-bedAED 1.48M · Sep 2024
707StudioAED 550K · Feb 2022
7081-bedAED 947K · Jan 2011
1–7 of 9

706, The Point in numbers

  • Sold 4 times: first on 27 January 2009 for AED 859,950, last on 28 June 2016 for AED 665,000 (AED 831 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 28 June 2016.

Questions about 706, The Point

What did unit 706 last sell for?

AED 665,000 on 28 June 2016: AED 831 per sqft for 800 sqft. The unit has 4 registered sales; the first was AED 859,950 in January 2009.

How big is unit 706?

800 sqft (74.3 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2009.

What is unit 706 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 706, The Point

Starts from the last sale price (AED 665K, 28 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

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