407, The Point
Sold prices and rental history: sold 3 times, last in March 2013, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, The Point
What is 407 worth today?
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Source: Dubai Land Department. Updated 16 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 400 sqft
- Floor
- 4th of 27
- Parking
- B3-8
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 9,500 /yr
- Last sold
- AED 570K · March 2013
- Building
- The Point
About 407, The Point
407 is a studio of 400 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 12 March 2013 for AED 570,000, or AED 1,424 per sqft, in line with the AED 1,424 studios in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 16 September 2024, is AED 77,426 a year: a gross yield of 13.6% on the 2013 price, before the service charge of about AED 9,500 a year.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in The Point, and where 407 sits
All 22 studios →407 last sold in March 2013 at AED 1,424 per sqft, in line with what studios in The Point were fetching at the time (AED 1,424).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 400 sqft | 1,240,000 | 3,098 | ||
| 30 Sep 202430 September 2024 | 400 sqft | 1,000,000 | 2,498 | ||
| 28 Feb 202228 February 2022 | 400 sqft | 550,000 | 1,374 | ||
| 1 Jul 20211 July 2021 | 400 sqft | 600,000 | 1,499 |
The Point
Building188 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%
Other units on the 4th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 758 sqft | AED 820KAED 820,000 · Sep 2012September 2012 | 60,000 /yr | |
| 402 | 1-bed | 786 sqft | AED 1.5MAED 1,495,000 · Jan 2023January 2023 | 119,668 /yr | |
| 403 | 1-bed | 760 sqft | AED 886KAED 886,370 · Jan 2011January 2011 | 80,000 /yr | |
| 404 | Studio | 400 sqft | AED 580KAED 580,000 · Nov 2018November 2018 | 80,000 /yr | |
| 405 | 1-bed | 800 sqft | AED 1.3MAED 1,300,000 · Apr 2019April 2019 | 61,600 /yr | |
| 406 | 1-bed | 800 sqft | AED 1.15MAED 1,150,000 · Jun 2013June 2013 | 60,000 /yr | |
| 408 | 1-bed | 760 sqft | AED 1.52MAED 1,520,000 · Aug 2014August 2014 | 94,350 /yr | |
| 409 | 1-bed | 786 sqft | AED 890KAED 890,000 · Nov 2020November 2020 | 60,000 /yr | |
| 410 | 1-bed | 755 sqft | AED 1.35MAED 1,350,000 · Sep 2013September 2013 |
407, The Point in numbers
- Sold 3 times: first on 21 April 2009 for AED 583,546, last on 12 March 2013 for AED 570,000 (AED 1,424 per sqft).
- Rented since May 2016 on 2 Ejari contracts, from AED 70,000 to AED 77,426 a year.
- At AED 77,426 a year the gross yield on the 2013 price is 13.6%, before a service charge of about AED 9,500 a year (AED 23.83 per sqft).
Source: Dubai Land Department. Updated 16 September 2024.
Questions about 407, The Point
What did unit 407 last sell for?
AED 570,000 on 12 March 2013: AED 1,424 per sqft for 400 sqft. The unit has 3 registered sales; the first was AED 583,546 in April 2009.
What is the rent for unit 407?
AED 77,426 a year on the contract signed on 16 September 2024. The previous contract, from May 2016, was AED 70,000.
How big is unit 407?
400 sqft (37.2 sqm): a studio on the 4th floor of a 27-storey tower completed in 2009.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 407, The Point
Starts from the last sale price (AED 570K, 12 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 570,000
- Deposit, UAE resident (20%)
- AED 114,000
- Deposit, non-resident (40%)
- AED 228,000
- Monthly over 25 years at 3.7%
- AED 2,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →