502, The Point
Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, The Point
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 5th of 27
- Parking
- B3-53
- Developer
- Point Development
- Completed
- 2009
- Service charge
- AED 18,700 /yr
- Last sold
- AED 869K · August 2010
- Building
- The Point
About 502, The Point
502 is a one-bedroom apartment of 786 sqft on the 5th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 18 August 2010 for AED 869,248, or AED 1,105 per sqft, 3% below the AED 1,142 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 72,476 a year: a gross yield of 8.3% on the 2010 price, before the service charge of about AED 18,700 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 102 1-beds →502 last sold in August 2010 at AED 1,105 per sqft, 3% below what one-beds in The Point were fetching at the time (AED 1,142). 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. 502's AED 72,476 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 760 sqft | 1,380,000 | 1,816 | ||
| 30 Jul 202530 July 2025 | 760 sqft | 1,580,000 | 2,079 | ||
| 17 Jul 202517 July 2025 | 755 sqft | 2,000,000 | 2,647 | ||
| 23 Jun 202523 June 2025 | 760 sqft | 1,490,000 | 1,961 |
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 5th floor
All 188 units in The Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 758 sqft | AED 1MAED 1,000,000 · Feb 2019February 2019 | 100,000 /yr | |
| 503 | 1-bed | 760 sqft | AED 1.38MAED 1,380,000 · Feb 2026February 2026 | 68,000 /yr | |
| 504 | Studio | 400 sqft | AED 510KAED 509,950 · Aug 2010August 2010 | 60,375 /yr | |
| 505 | 1-bed | 800 sqft | AED 1.22MAED 1,221,015 · Aug 2018August 2018 | 77,000 /yr | |
| 506 | 1-bed | 800 sqft | AED 917KAED 917,215 · Jan 2011January 2011 | 82,110 /yr | |
| 507 | Studio | 400 sqft | AED 1.24MAED 1,240,000 · May 2025May 2025 | 49,000 /yr | |
| 508 | 1-bed | 760 sqft | AED 917KAED 917,213 · Aug 2010August 2010 | 89,250 /yr | |
| 509 | 1-bed | 786 sqft | AED 1.1MAED 1,100,000 · Mar 2022March 2022 | 85,000 /yr | |
| 510 | 1-bed | 755 sqft | AED 2MAED 2,000,000 · Jul 2025July 2025 | 90,000 /yr |
502, The Point in numbers
- Sold twice: first on 18 February 2009 for AED 869,248, last on 18 August 2010 for AED 869,248 (AED 1,105 per sqft).
- Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 89,250 to AED 48,000 in 2021 and recovered to AED 72,476 by May 2024.
- At AED 72,476 a year the gross yield on the 2010 price is 8.3%, before a service charge of about AED 18,700 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 1 May 2024.
Questions about 502, The Point
What did unit 502 last sell for?
AED 869,248 on 18 August 2010: AED 1,105 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 869,248 in February 2009.
What is the rent for unit 502?
AED 72,476 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 62,750; the unit has been rented since May 2015.
How big is unit 502?
786 sqft (73.0 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2009.
What is unit 502 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 502, The Point
Starts from the last sale price (AED 869K, 18 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 869,248
- Deposit, UAE resident (20%)
- AED 173,850
- Deposit, non-resident (40%)
- AED 347,699
- Monthly over 25 years at 3.7%
- AED 3,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →