2-bed · 1,594 sqftThe Point, Dubai Marina · 15th floor · completed 2009

1506, The Point

Sold prices and rental history: sold 5 times, last in March 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.7M11 March 2012
Current rentAED 183K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, The Point

What is 1506 worth today?

Last sold for AED 1,700,000 in 2012

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1 Sep 2025RentedRenewal
AED 183,000/yr12 months · AED 115 per sqft
1 Mar 2025RentedRenewal
AED 195,000/yr6 months · AED 122 per sqft
1 Sep 2024RentedRenewal
AED 195,000/yr6 months · AED 122 per sqft
1 Sep 2023RentedNew contract
AED 195,000/yr12 months · AED 122 per sqft
1 Dec 2019RentedNew contract
AED 112,000/yr12 months · AED 70 per sqft
23 Jun 2017RentedNew contract
AED 160,000/yr12 months · AED 100 per sqft
1 Jun 2016RentedRenewal
AED 190,000/yr12 months · AED 119 per sqft
1 Jun 2015RentedRenewal
AED 190,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,594 sqft
Floor
15th of 27
Parking
B1-189
Developer
Point Development
Completed
2009
Service charge
AED 38,000 /yr
Last sold
AED 1.7M · March 2012
Building
The Point

About 1506, The Point

1506 is a two-bedroom apartment of 1,594 sqft on the 15th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 11 March 2012 for AED 1,700,000, or AED 1,066 per sqft, 3% above the AED 1,033 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 183,000 a year: a gross yield of 10.8% on the 2012 price, before the service charge of about AED 38,000 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical two-bed in The Point
2M2009201420192024Typical sale price by year: 2009 AED 1,769,950; 2010 AED 1,352,586; 2011 AED 1,319,884; 2012 AED 1,750,000; 2013 AED 2,009,751; 2017 AED 1,580,000; 2018 AED 1,662,500; 2020 AED 1,600,000; 2021 AED 1,325,000; 2022 AED 1,745,000; 2024 AED 2,200,000; 2025 AED 2,800,000Sold by developer, January 2009: AED 1,811,499 (AED 1,136 per sqft)Sold, August 2010: AED 1,811,499 (AED 1,136 per sqft)Sold, November 2010: AED 905,749 (AED 1,136 per sqft)Sold, April 2011: AED 452,875 (AED 568 per sqft)Sold, March 2012: AED 1,700,000 (AED 1,066 per sqft)

1506 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in The Point
100K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 110,000; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 139,300; 2017 AED 130,000; 2018 AED 110,000; 2019 AED 97,501; 2020 AED 85,000; 2021 AED 83,000; 2022 AED 102,650; 2023 AED 115,000; 2024 AED 130,000; 2025 AED 135,000New contract, June 2013: AED 165,000 a yearNew contract, June 2014: AED 190,000 a yearRenewal, June 2015: AED 190,000 a yearRenewal, June 2016: AED 190,000 a yearNew contract, June 2017: AED 160,000 a yearNew contract, December 2019: AED 112,000 a yearNew contract, September 2023: AED 195,000 a yearRenewal, September 2024: AED 195,000 a yearRenewal, March 2025: AED 195,000 a yearRenewal, September 2025: AED 183,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Point, and where 1506 sits

All 46 2-beds →

1506 last sold in March 2012 at AED 1,066 per sqft, 3% above what two-beds in The Point were fetching at the time (AED 1,033). Over the last 12 months two-beds sold for AED 2,200,000 to 2,820,000, around AED 1,792 per sqft, and rent for AED 117,616 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
30 May 20252,850,000
27 May 20252,450,000
3 Jan 20252,800,000
28 Nov 20242,200,000
2 2-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. 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 15th floor

All 188 units in The Point
Value
15012-bedAED 1.77M · Aug 2010
15021-bedAED 680K · Sep 2020
15032-bedAED 2.1M · Oct 2024
15042-bedAED 1.4M · Mar 2013
15051-bedAED 1.45M · Mar 2014

1506, The Point in numbers

  • Sold 5 times: first on 25 January 2009 for AED 1,811,499, last on 11 March 2012 for AED 1,700,000 (AED 1,066 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 165,000 to AED 112,000 in 2019 and recovered to AED 183,000 by September 2025.
  • At AED 183,000 a year the gross yield on the 2012 price is 10.8%, before a service charge of about AED 38,000 a year (AED 23.83 per sqft).
  • Two-beds in The Point sold for AED 2,200,000–2,820,000 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 1 September 2025.

Questions about 1506, The Point

What did unit 1506 last sell for?

AED 1,700,000 on 11 March 2012: AED 1,066 per sqft for 1,594 sqft. The unit has 5 registered sales; the first was AED 1,811,499 in January 2009.

What is the rent for unit 1506?

AED 183,000 a year on the contract renewed on 1 September 2025. The previous contract, from March 2025, was AED 195,000; the unit has been rented since June 2013.

How big is unit 1506?

1,594 sqft (148.1 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2009.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Point sold for AED 2,200,000 to 2,820,000 in the last 12 months, around AED 1,792 per sqft.

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Mortgage on 1506, The Point

Starts from the last sale price (AED 1.7M, 11 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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