1-bed · 400 sqftThe Point, Dubai Marina · 3rd floor · completed 2009

306, The Point

Sold prices and rental history: sold 5 times, last in December 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 4 December 2017
Last soldAED 663K4 December 2017
Current rentAED 89K /yr26 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, The Point

What is 306 worth today?

Last sold for AED 662,500 in 2017

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4 Dec 2017SoldReady
AED 662,500AED 828 per sqft
26 Jan 2016RentedNew contract
AED 89,000/yr12 months · AED 112 per sqft
12 Apr 2015SoldReady
AED 1,500,000AED 1,875 per sqft
26 Jan 2015RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
26 Jan 2014RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
8 Dec 2013SoldReady
AED 1,275,000AED 1,594 per sqft
22 Sep 2013SoldReady
AED 909,503AED 1,137 per sqft
25 May 2009Sold by developerOff-plan
AED 909,503AED 1,137 per sqft

Source: Dubai Land Department. Updated 4 December 2017.

Key facts

Type
1-bed apartment
Size
400 sqft
Floor
3rd of 27
Parking
B3-38
Developer
Point Development
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 663K · December 2017
Building
The Point

About 306, The Point

306 is a one-bedroom apartment of 400 sqft on the 3rd floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 4 December 2017 for AED 662,500, or AED 828 per sqft, 45% below the AED 1,513 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 26 January 2016, is AED 89,000 a year: a gross yield of 13.4% on the 2017 price, before the service charge of about AED 9,500 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, May 2009: AED 909,503 (AED 1,137 per sqft)Sold, September 2013: AED 909,503 (AED 1,137 per sqft)Sold, December 2013: AED 1,275,000 (AED 1,594 per sqft)Sold, April 2015: AED 1,500,000 (AED 1,875 per sqft)Sold, December 2017: AED 662,500 (AED 828 per sqft)

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

Rents
Unit 306, 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, January 2014: AED 85,000 a yearNew contract, January 2015: AED 85,000 a yearNew contract, January 2016: AED 89,000 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 306 sits

All 102 1-beds →

306 last sold in December 2017 at AED 828 per sqft, 45% below what one-beds in The Point were fetching at the time (AED 1,513). 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. 306's AED 89,000 is in the lower half 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 3rd floor

All 188 units in The Point
Value
3011-bedAED 990K · Aug 2010
3021-bedAED 1.1M · Jun 2024
3031-bedAED 1.58M · Jul 2025
304StudioAED 340K · Jul 2011
3051-bedAED 1.25M · Feb 2020
307StudioAED 700K · Jan 2019
3081-bedAED 1.59M · Mar 2025
1–7 of 9

306, The Point in numbers

  • Sold 5 times: first on 25 May 2009 for AED 909,503, last on 4 December 2017 for AED 662,500 (AED 828 per sqft).
  • Rented since January 2014 on 3 Ejari contracts, from AED 85,000 to AED 89,000 a year.
  • At AED 89,000 a year the gross yield on the 2017 price is 13.4%, before a service charge of about AED 9,500 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 4 December 2017.

Questions about 306, The Point

What did unit 306 last sell for?

AED 662,500 on 4 December 2017: AED 828 per sqft for 400 sqft. The unit has 5 registered sales; the first was AED 909,503 in May 2009.

What is the rent for unit 306?

AED 89,000 a year on the contract signed on 26 January 2016. The previous contract, from January 2015, was AED 85,000; the unit has been rented since January 2014.

How big is unit 306?

400 sqft (37.2 sqm): a one-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2009.

What is unit 306 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 306, The Point

Starts from the last sale price (AED 663K, 4 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 662,500
Deposit, UAE resident (20%)
AED 132,500
Deposit, non-resident (40%)
AED 265,000
Monthly over 25 years at 3.7%
AED 2,710

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