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1-bed · 786 sqftThe Point, Dubai Marina · 8th floor · completed 2009

802, The Point

Sold prices and rental history: sold twice, last in August 2010, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 26 September 2013
Last soldAED 884K24 August 2010
Current rentAED 68K /yr26 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 802, The Point

What is 802 worth today?

Last sold for AED 884,248 in 2010

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26 Sep 2013RentedNew contract
AED 68,200/yr12 months · AED 87 per sqft
24 Aug 2010SoldReady
AED 884,248AED 1,124 per sqft
25 Jan 2009Sold by developerOff-plan
AED 884,248AED 1,124 per sqft

Source: Dubai Land Department. Updated 26 September 2013.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
8th of 27
Parking
B3-27
Developer
Point Development
Completed
2009
Service charge
AED 18,700 /yr
Last sold
AED 884K · August 2010
Building
The Point

About 802, The Point

802 is a one-bedroom apartment of 786 sqft on the 8th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 24 August 2010 for AED 884,248, or AED 1,124 per sqft, in line with the AED 1,146 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 September 2013. The current contract, signed on 26 September 2013, is AED 68,200 a year: a gross yield of 7.7% on the 2010 price, before the service charge of about AED 18,700 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, January 2009: AED 884,248 (AED 1,124 per sqft)Sold, August 2010: AED 884,248 (AED 1,124 per sqft)

802 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 802, 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, September 2013: AED 68,200 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 802 sits

All 104 1-beds →

802 last sold in August 2010 at AED 1,124 per sqft, in line with what one-beds in The Point were fetching at the time (AED 1,146). 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. 802's AED 68,200 is in the lower 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 8th floor

All 188 units in The Point
Value
8011-bedAED 1.25M · Apr 2023
8031-bedAED 1.39M · Apr 2014
804StudioAED 740K · Dec 2016
8051-bedAED 890K · Aug 2010
8061-bedAED 875K · Jan 2021
807StudioAED 513K · Dec 2010
8081-bedAED 924K · Apr 2011
1–7 of 9

802, The Point in numbers

  • Sold twice: first on 25 January 2009 for AED 884,248, last on 24 August 2010 for AED 884,248 (AED 1,124 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 68,200 a year.
  • At AED 68,200 a year the gross yield on the 2010 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 26 September 2013.

Questions about 802, The Point

What did unit 802 last sell for?

AED 884,248 on 24 August 2010: AED 1,124 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 884,248 in January 2009.

What is the rent for unit 802?

AED 68,200 a year on the contract signed on 26 September 2013.

How big is unit 802?

786 sqft (73.0 sqm): a one-bedroom apartment on the 8th floor of a 27-storey tower completed in 2009.

What is unit 802 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 802, The Point

Starts from the last sale price (AED 884K, 24 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 884,248
Deposit, UAE resident (20%)
AED 176,850
Deposit, non-resident (40%)
AED 353,699
Monthly over 25 years at 3.7%
AED 3,618

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