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1-bed · 760 sqftThe Point, Dubai Marina · 8th floor · completed 2009

803, The Point

Sold prices and rental history: sold 4 times, last in April 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 1 April 2014
Last soldAED 1.39M1 April 2014
Current rentAED 85K /yr30 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, The Point

What is 803 worth today?

Last sold for AED 1,390,000 in 2014

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1 Apr 2014SoldReady
AED 1,390,000AED 1,829 per sqft
30 Oct 2013RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
13 Jun 2013SoldReady
AED 970,000AED 1,276 per sqft
8 Oct 2012RentedNew contract
AED 72,400/yr12 months · AED 95 per sqft
19 Aug 2010SoldReady
AED 816,701AED 1,074 per sqft
21 Apr 2009Sold by developerOff-plan
AED 816,701AED 1,074 per sqft

Source: Dubai Land Department. Updated 1 April 2014.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
8th of 27
Parking
B3-28
Developer
Point Development
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.39M · April 2014
Building
The Point

About 803, The Point

803 is a one-bedroom apartment of 760 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 1 April 2014 for AED 1,390,000, or AED 1,829 per sqft, 20% above the AED 1,526 one-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 30 October 2013, is AED 85,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 18,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, April 2009: AED 816,701 (AED 1,074 per sqft)Sold, August 2010: AED 816,701 (AED 1,074 per sqft)Sold, June 2013: AED 970,000 (AED 1,276 per sqft)Sold, April 2014: AED 1,390,000 (AED 1,829 per sqft)

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

Rents
Unit 803, 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, October 2012: AED 72,400 a yearNew contract, October 2013: AED 85,000 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 803 sits

All 104 1-beds →

803 last sold in April 2014 at AED 1,829 per sqft, 20% above what one-beds in The Point were fetching at the time (AED 1,526). 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. 803's AED 85,000 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
8021-bedAED 884K · Aug 2010
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

803, The Point in numbers

  • Sold 4 times: first on 21 April 2009 for AED 816,701, last on 1 April 2014 for AED 1,390,000 (AED 1,829 per sqft).
  • Rented since October 2012 on 2 Ejari contracts, from AED 72,400 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2014 price is 6.1%, 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 1 April 2014.

Questions about 803, The Point

What did unit 803 last sell for?

AED 1,390,000 on 1 April 2014: AED 1,829 per sqft for 760 sqft. The unit has 4 registered sales; the first was AED 816,701 in April 2009.

What is the rent for unit 803?

AED 85,000 a year on the contract signed on 30 October 2013. The previous contract, from October 2012, was AED 72,400.

How big is unit 803?

760 sqft (70.6 sqm): a one-bedroom apartment on the 8th floor of a 27-storey tower completed in 2009.

What is unit 803 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 803, The Point

Starts from the last sale price (AED 1.39M, 1 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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