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2-bed · 1,285 sqftPier Point 1, Al Mina · 5th floor

507, Pier Point 1

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 2.92M6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Pier Point 1

What is 507 worth today?

Last sold for AED 2,923,888 in 2024

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6 Nov 2024Sold by developerOff-plan
AED 2,923,888AED 2,275 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
1,285 sqft
Floor
5th of 9
Parking
1
Last sold
AED 2.92M · November 2024
Building
Pier Point 1

About 507, Pier Point 1

507 is a two-bedroom apartment of 1,285 sqft on the 5th floor of Pier Point 1, a 9-storey tower in Al Mina. The developer sold it on 6 November 2024 for AED 2,923,888, or AED 2,275 per sqft, 4% below the AED 2,370 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Pier Point 1
2.9M3M202420252026Typical sale price by year: 2024 AED 3,065,388; 2025 AED 3,052,888Sold by developer, November 2024: AED 2,923,888 (AED 2,275 per sqft)

507 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Pier Point 1, and where 507 sits

All 49 2-beds →

507 last sold in November 2024 at AED 2,275 per sqft, 4% below what two-beds in Pier Point 1 were fetching at the time (AED 2,370).

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20254,248,888
27 Feb 20252,942,888
19 Feb 20253,052,888
20 Dec 20244,080,610
0 2-bed sales in the last 12 months

Pier Point 1

Building

113 apartments, 1-bed to 3-bed over 9 floors in Al Mina. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Pier Point 1, Al Mina: prices, sales and rents →

Other units on the 5th floor

All 113 units in Pier Point 1
Value
5011-bedAED 2.76M · Nov 2024
5022-bedAED 4.16M · Nov 2024
5033-bedAED 5.49M · Nov 2024
5042-bedAED 2.94M · Nov 2024
5051-bedAED 1.97M · Dec 2024
5061-bedAED 1.95M · Oct 2024
5082-bedAED 3.07M · Oct 2024
1–7 of 13

507, Pier Point 1 in numbers

  • Sold once: by the developer on 6 November 2024 for AED 2,923,888, or AED 2,275 per sqft.

Source: Dubai Land Department. Updated 6 November 2024.

Questions about 507, Pier Point 1

What did unit 507 last sell for?

AED 2,923,888 on 6 November 2024, sold by the developer: AED 2,275 per sqft for 1,285 sqft. It is the only registered sale of the unit.

How big is unit 507?

1,285 sqft (119.4 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 507, Pier Point 1

Starts from the last sale price (AED 2.92M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,923,888
Deposit, UAE resident (20%)
AED 584,778
Deposit, non-resident (40%)
AED 1,169,555
Monthly over 25 years at 3.7%
AED 11,963

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