1-bed · 800 sqftThe Point, Dubai Marina · 4th floor · completed 2009

405, The Point

Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 1.3M30 April 2019
Current rentAED 62K /yr30 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, The Point

What is 405 worth today?

Last sold for AED 1,300,000 in 2019

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30 Nov 2023RentedRenewal
AED 61,600/yr12 months · AED 77 per sqft
30 Nov 2022RentedRenewal
AED 56,000/yr12 months · AED 70 per sqft
30 Nov 2020RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft
30 Apr 2019SoldReady
AED 1,300,000AED 1,625 per sqft
10 Dec 2017RentedNew contract
AED 84,000/yr12 months · AED 105 per sqft
26 Nov 2012RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
17 Aug 2010SoldReady
AED 742,775AED 928 per sqft
5 Aug 2010Sold by developerOff-plan
AED 742,775AED 928 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
4th of 27
Parking
B3-47
Developer
Point Development
Completed
2009
Service charge
AED 19,100 /yr
Last sold
AED 1.3M · April 2019
Building
The Point

About 405, The Point

405 is a one-bedroom apartment of 800 sqft on the 4th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 30 April 2019 for AED 1,300,000, or AED 1,625 per sqft, 5% above the AED 1,555 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 30 November 2023, is AED 61,600 a year: a gross yield of 4.7% on the 2019 price, before the service charge of about AED 19,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 2010: AED 742,775 (AED 928 per sqft)Sold by developer, August 2010: AED 742,775 (AED 928 per sqft)Sold, April 2019: AED 1,300,000 (AED 1,625 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in The Point
50K75K100K20112015201920232027Typical 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, November 2012: AED 60,000 a yearNew contract, December 2017: AED 84,000 a yearNew contract, November 2020: AED 43,000 a yearRenewal, November 2022: AED 56,000 a yearRenewal, November 2023: AED 61,600 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 405 sits

All 102 1-beds →

405 last sold in April 2019 at AED 1,625 per sqft, 5% above what one-beds in The Point were fetching at the time (AED 1,555). 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. 405's AED 61,600 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 4th floor

All 188 units in The Point
Value
4011-bedAED 820K · Sep 2012
4021-bedAED 1.5M · Jan 2023
4031-bedAED 886K · Jan 2011
404StudioAED 580K · Nov 2018
4061-bedAED 1.15M · Jun 2013
407StudioAED 570K · Mar 2013
4081-bedAED 1.52M · Aug 2014
1–7 of 9

405, The Point in numbers

  • Sold 3 times: first on 5 August 2010 for AED 742,775, last on 30 April 2019 for AED 1,300,000 (AED 1,625 per sqft).
  • Rented since November 2012 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 43,000 in 2020 and recovered to AED 61,600 by November 2023.
  • At AED 61,600 a year the gross yield on the 2019 price is 4.7%, before a service charge of about AED 19,100 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 30 November 2023.

Questions about 405, The Point

What did unit 405 last sell for?

AED 1,300,000 on 30 April 2019: AED 1,625 per sqft for 800 sqft. The unit has 3 registered sales; the first was AED 742,775 in August 2010.

What is the rent for unit 405?

AED 61,600 a year on the contract renewed on 30 November 2023. The previous contract, from November 2022, was AED 56,000; the unit has been rented since November 2012.

How big is unit 405?

800 sqft (74.3 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2009.

What is unit 405 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 405, The Point

Starts from the last sale price (AED 1.3M, 30 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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