2-bed · 1,212 sqftThe Point, Dubai Marina · 18th floor · completed 2009

1803, The Point

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 2.2M28 November 2024
Current rentAED 60K /yr12 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, The Point

What is 1803 worth today?

Last sold for AED 2,200,000 in 2024

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28 Nov 2024SoldReady
AED 2,200,000AED 1,815 per sqft
12 Sep 2017RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
10 Sep 2016RentedRenewal
AED 132,000/yr12 months · AED 109 per sqft
10 Sep 2014RentedRenewal
AED 124,200/yr24 months · AED 102 per sqft
10 Sep 2013RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
10 Sep 2012RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
15 Jun 2011Sold by developerReady
AED 1,114,625AED 919 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
18th of 27
Parking
G-194
Developer
Point Development
Completed
2009
Service charge
AED 28,900 /yr
Last sold
AED 2.2M · November 2024
Building
The Point

About 1803, The Point

1803 is a two-bedroom apartment of 1,212 sqft on the 18th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 28 November 2024 for AED 2,200,000, or AED 1,815 per sqft, in line with the AED 1,815 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 12 September 2017, is AED 60,000 a year: a gross yield of 2.7% on the 2024 price, before the service charge of about AED 28,900 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, each saleTypical two-bed in The Point
1M2M3M2009201420192024Typical 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, June 2011: AED 1,114,625 (AED 919 per sqft)Sold, November 2024: AED 2,200,000 (AED 1,815 per sqft)

1803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, each contractTypical two-bed in The Point
50K100K150K2012201620202024Typical 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, September 2012: AED 90,000 a yearNew contract, September 2013: AED 90,000 a yearRenewal, September 2014: AED 124,200 a yearRenewal, September 2016: AED 132,000 a yearNew contract, September 2017: AED 60,000 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 1803 sits

All 46 2-beds →

1803 last sold in November 2024 at AED 1,815 per sqft, in line with what two-beds in The Point were fetching at the time (AED 1,815). 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
16 Oct 20242,100,000
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 18th floor

All 188 units in The Point
Value
18012-bedAED 2.24M · Jan 2014
18021-bedAED 1.28M · Nov 2022
18042-bedAED 1.32M · Aug 2010
18051-bedAED 575K · Oct 2021
18062-bedAED 2.02M · Mar 2013

1803, The Point in numbers

  • Sold twice: first on 15 June 2011 for AED 1,114,625, last on 28 November 2024 for AED 2,200,000 (AED 1,815 per sqft).
  • Rented since September 2012 on 5 Ejari contracts, from AED 90,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 2.7%, before a service charge of about AED 28,900 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 28 November 2024.

Questions about 1803, The Point

What did unit 1803 last sell for?

AED 2,200,000 on 28 November 2024: AED 1,815 per sqft for 1,212 sqft. The unit has 2 registered sales; the first was AED 1,114,625 in June 2011.

What is the rent for unit 1803?

AED 60,000 a year on the contract signed on 12 September 2017. The previous contract, from September 2016, was AED 132,000; the unit has been rented since September 2012.

How big is unit 1803?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 18th floor of a 27-storey tower completed in 2009.

What is unit 1803 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 1803, The Point

Starts from the last sale price (AED 2.2M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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