1-bed · 760 sqftThe Point, Dubai Marina · 17th floor · completed 2009

1702, The Point

Sold prices and rental history: sold 6 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 1.25M28 November 2022
Current rentAED 60K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, The Point

What is 1702 worth today?

Last sold for AED 1,250,000 in 2022

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28 Nov 2022SoldReady
AED 1,250,000AED 1,645 per sqft
1 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
28 Nov 2017RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
27 Apr 2017SoldReady
AED 1,300,000AED 1,711 per sqft
1 Apr 2016RentedNew contract
AED 115,000/yr12 months · AED 151 per sqft
1 Apr 2015RentedNew contract
AED 115,000/yr12 months · AED 150 per sqft
16 Jan 2014RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft
12 May 2013SoldReady
AED 850,000AED 1,119 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
17th of 27
Parking
B2-138
Developer
Point Development
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.25M · November 2022
Building
The Point

About 1702, The Point

1702 is a one-bedroom apartment of 760 sqft on the 17th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 28 November 2022 for AED 1,250,000, or AED 1,645 per sqft, 8% above the AED 1,526 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 February 2021, is AED 60,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 841,036 (AED 1,107 per sqft)Sold, August 2010: AED 841,036 (AED 1,107 per sqft)Sold, May 2012: AED 765,000 (AED 1,007 per sqft)Sold, May 2013: AED 850,000 (AED 1,119 per sqft)Sold, April 2017: AED 1,300,000 (AED 1,711 per sqft)Sold, November 2022: AED 1,250,000 (AED 1,645 per sqft)

1702 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1702, each contractTypical one-bed in The Point
75K100K20112015201920232027Typical 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, January 2014: AED 110,000 a yearNew contract, April 2015: AED 115,000 a yearNew contract, April 2016: AED 115,000 a yearNew contract, November 2017: AED 90,000 a yearNew contract, February 2021: AED 60,000 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 1702 sits

All 102 1-beds →

1702 last sold in November 2022 at AED 1,645 per sqft, 8% 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, around AED 1,816 per sqft, and rent for AED 77,000 to 110,000 a year. 1702's AED 60,000 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 17th floor

All 188 units in The Point
Value
17012-bedAED 2.05M · Oct 2013
17032-bedAED 1.58M · Jun 2015
17042-bedAED 1.3M · Jun 2021
17051-bedAED 1.18M · Nov 2016
17062-bedAED 1.85M · Apr 2022

1702, The Point in numbers

  • Sold 6 times: first on 18 February 2009 for AED 841,036, last on 28 November 2022 for AED 1,250,000 (AED 1,645 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 110,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 18,100 a year (AED 23.83 per sqft).
  • One-beds in The Point sold for AED 1,380,000–1,380,000 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 28 November 2022.

Questions about 1702, The Point

What did unit 1702 last sell for?

AED 1,250,000 on 28 November 2022: AED 1,645 per sqft for 760 sqft. The unit has 6 registered sales; the first was AED 841,036 in February 2009.

What is the rent for unit 1702?

AED 60,000 a year on the contract signed on 1 February 2021. The previous contract, from November 2017, was AED 90,000; the unit has been rented since January 2014.

How big is unit 1702?

760 sqft (70.6 sqm): a one-bedroom apartment on the 17th floor of a 27-storey tower completed in 2009.

What is unit 1702 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 1702, The Point

Starts from the last sale price (AED 1.25M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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