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1-bed · 786 sqftThe Point, Dubai Marina · 11th floor · completed 2009

1102, The Point

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 3K10 July 2023
Current rentAED 63K /yr11 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1102, The Point

What is 1102 worth today?

Last sold for AED 3,152 in 2023

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10 Jul 2023SoldReady · flagged as an outlier
AED 3,152AED 4 per sqft
1 Nov 2022SoldReady
AED 1,200,000AED 1,526 per sqft
11 Aug 2020RentedNew contract
AED 62,663/yr12 months · AED 80 per sqft
16 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 102 per sqft
1 Jan 2017RentedNew contract
AED 92,000/yr12 months · AED 117 per sqft
1 Jul 2016RentedRenewal
AED 92,000/yr12 months · AED 117 per sqft
1 Jul 2015RentedNew contract
AED 92,000/yr12 months · AED 117 per sqft
2 Jul 2012SoldReady
AED 960,509AED 1,221 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
11th of 27
Parking
B2-115
Developer
Point Development
Completed
2009
Service charge
AED 18,700 /yr
Last sold
AED 3K · July 2023
Building
The Point

About 1102, The Point

1102 is a one-bedroom apartment of 786 sqft on the 11th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 10 July 2023 for AED 3,152, or AED 4 per sqft, 100% below the AED 1,678 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 11 August 2020, is AED 62,663 a year: a gross yield of 1988.0% on the 2023 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical one-bed in The Point
1M1.5M2009201420192024Typical sale price by year: 2009 AED 918,278; 2010 AED 892,242; 2011 AED 943,472; 2012 AED 840,000; 2013 AED 1,042,500; 2014 AED 1,460,000; 2015 AED 1,350,000; 2016 AED 1,212,500; 2017 AED 1,200,000; 2018 AED 1,198,008; 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 1,560,000Sold by developer, February 2009: AED 960,509 (AED 1,221 per sqft)Sold, July 2012: AED 960,509 (AED 1,221 per sqft)Sold, November 2022: AED 1,200,000 (AED 1,526 per sqft)

1102 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1102, each contractTypical one-bed in The Point
60K80K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 67,547; 2013 AED 73,000; 2014 AED 85,000; 2015 AED 94,500; 2016 AED 92,500; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 80,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 68,225; 2023 AED 73,710; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 90,109New contract, July 2015: AED 92,000 a yearRenewal, July 2016: AED 92,000 a yearNew contract, January 2017: AED 92,000 a yearNew contract, January 2018: AED 80,000 a yearNew contract, August 2020: AED 62,663 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 1102 sits

All 102 1-beds →

1102 last sold in July 2023 at AED 4 per sqft, 100% below what one-beds in The Point were fetching at the time (AED 1,678). Over the last 12 months one-beds sold for AED 1,380,000, around AED 1,816 per sqft, and rent for AED 77,000 to 110,000 a year. 1102's AED 62,663 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 20261,380,000
30 Jul 20251,580,000
17 Jul 20252,000,000
23 Jun 20251,490,000
1 1-bed sale 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. 4 sold in the last 12 months.

Typical price per sqft
AED 1,792
Typical sale
AED 2.51M
Typical rent
AED 88K /yr
Typical yield
6.3%
The Point, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 188 units in The Point
Value
11011-bedAED 1.5M · Sep 2016
11031-bedAED 1.45M · Jul 2022
1104StudioAED 450K · Jan 2020
11051-bedAED 1.25M · Sep 2023
11061-bedAED 1.32M · Jun 2015
1107StudioAED 930K · May 2017
11081-bedAED 1.38M · Jul 2015
1–7 of 9

1102, The Point in numbers

  • Sold 4 times: first on 18 February 2009 for AED 960,509, last on 10 July 2023 for AED 3,152 (AED 4 per sqft).
  • Rented since July 2015 on 5 Ejari contracts, from AED 92,000 to AED 62,663 a year.
  • At AED 62,663 a year the gross yield on the 2023 price is 1988.0%, before a service charge of about AED 18,700 a year (AED 23.83 per sqft).
  • One-beds in The Point sold for AED 1,380,000–1,380,000 in the 12 months to November 2026; the building's median across all types is AED 1,792 per sqft.

Source: Dubai Land Department. Updated 10 July 2023.

Questions about 1102, The Point

What did unit 1102 last sell for?

AED 3,152 on 10 July 2023: AED 4 per sqft for 786 sqft. The unit has 4 registered sales; the first was AED 960,509 in February 2009.

What is the rent for unit 1102?

AED 62,663 a year on the contract signed on 11 August 2020. The previous contract, from January 2018, was AED 80,000; the unit has been rented since July 2015.

How big is unit 1102?

786 sqft (73.0 sqm): a one-bedroom apartment on the 11th floor of a 27-storey tower completed in 2009.

What is unit 1102 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 1,380,000 in the last 12 months, around AED 1,816 per sqft.

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Mortgage on 1102, The Point

Starts from the last sale price (AED 3K, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,152
Deposit, UAE resident (20%)
AED 630
Deposit, non-resident (40%)
AED 1,261
Monthly over 25 years at 3.7%
AED 13

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