3-bed · 2,406 sqftThe Point, Dubai Marina · 23rd floor · completed 2009

2303, The Point

Sold prices and rental history: sold 3 times, last in August 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 16 March 2024
Last soldAED 2.93M26 August 2013
Current rentAED 127K /yr16 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, The Point

What is 2303 worth today?

Last sold for AED 2,925,000 in 2013

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16 Mar 2024RentedRenewal
AED 126,500/yr12 months · AED 53 per sqft
16 Mar 2023RentedNew contract
AED 126,500/yr12 months · AED 52 per sqft
16 Mar 2022RentedRenewal
AED 126,500/yr12 months · AED 52 per sqft
16 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 48 per sqft
9 Dec 2019RentedRenewal
AED 140,000/yr12 months · AED 58 per sqft
9 Dec 2018RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
5 Sep 2017RentedRenewal
AED 190,512/yr12 months · AED 79 per sqft
5 Sep 2016RentedNew contract
AED 195,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 16 March 2024.

Key facts

Type
3-bed apartment
Size
2,406 sqft
Floor
23rd of 27
Parking
B1-168,181
Developer
Point Development
Completed
2009
Service charge
AED 57,300 /yr
Last sold
AED 2.93M · August 2013
Building
The Point

About 2303, The Point

2303 is a three-bedroom apartment of 2,406 sqft on the 23rd floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 26 August 2013 for AED 2,925,000, or AED 1,215 per sqft, in line with the AED 1,215 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 16 March 2024, is AED 126,500 a year: a gross yield of 4.3% on the 2013 price, before the service charge of about AED 57,300 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical three-bed in The Point
2.5M3M2009201120132015Typical sale price by year: 2009 AED 2,526,244; 2010 AED 2,524,752; 2013 AED 2,925,000; 2014 AED 3,200,000Sold by developer, January 2009: AED 2,526,244 (AED 1,049 per sqft)Sold, January 2011: AED 2,526,244 (AED 1,049 per sqft)Sold, August 2013: AED 2,925,000 (AED 1,215 per sqft)

2303 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2303, each contractTypical three-bed in The Point
100K150K200K2012201620202024Typical rent by year: 2013 AED 210,000; 2014 AED 200,000; 2016 AED 195,000; 2018 AED 165,000New contract, February 2012: AED 180,000 a yearNew contract, October 2013: AED 210,000 a yearNew contract, September 2016: AED 195,000 a yearRenewal, September 2017: AED 190,512 a yearNew contract, December 2018: AED 160,000 a yearRenewal, December 2019: AED 140,000 a yearNew contract, March 2021: AED 115,000 a yearRenewal, March 2022: AED 126,500 a yearNew contract, March 2023: AED 126,500 a yearRenewal, March 2024: AED 126,500 a year

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

3-beds in The Point, and where 2303 sits

All 9 3-beds →

2303 last sold in August 2013 at AED 1,215 per sqft, in line with what three-beds in The Point were fetching at the time (AED 1,215). Over the last 12 months three-beds sold for AED 4,800,000, around AED 1,178 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 20264,800,000
7 Apr 20254,300,000
6 Feb 20255,400,000
21 Nov 20241,810,000
1 3-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 23rd floor

All 188 units in The Point
Value
23012-bedAED 1.29M · Aug 2010
23023-bedAED 1.88M · Sep 2021
23042-bedAED 1.39M · Nov 2021

2303, The Point in numbers

  • Sold 3 times: first on 27 January 2009 for AED 2,526,244, last on 26 August 2013 for AED 2,925,000 (AED 1,215 per sqft).
  • Rented since February 2012 on 10 Ejari contracts, from AED 180,000 to AED 126,500 a year.
  • At AED 126,500 a year the gross yield on the 2013 price is 4.3%, before a service charge of about AED 57,300 a year (AED 23.83 per sqft).
  • Three-beds in The Point sold for AED 4,800,000–4,800,000 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 16 March 2024.

Questions about 2303, The Point

What did unit 2303 last sell for?

AED 2,925,000 on 26 August 2013: AED 1,215 per sqft for 2,406 sqft. The unit has 3 registered sales; the first was AED 2,526,244 in January 2009.

What is the rent for unit 2303?

AED 126,500 a year on the contract renewed on 16 March 2024. The previous contract, from March 2023, was AED 126,500; the unit has been rented since February 2012.

How big is unit 2303?

2,406 sqft (223.5 sqm): a three-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2009.

What is unit 2303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Point sold for AED 4,800,000 to 4,800,000 in the last 12 months, around AED 1,178 per sqft.

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Mortgage on 2303, The Point

Starts from the last sale price (AED 2.93M, 26 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,925,000
Deposit, UAE resident (20%)
AED 585,000
Deposit, non-resident (40%)
AED 1,170,000
Monthly over 25 years at 3.7%
AED 11,967

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