Studio · 400 sqftThe Point, Dubai Marina · 7th floor · completed 2009

704, The Point

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 12 October 2025
Last soldAED 520K19 August 2010
Current rentAED 60K /yr12 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Point

What is 704 worth today?

Last sold for AED 519,950 in 2010

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12 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 150 per sqft
1 Sep 2024RentedRenewal
AED 52,900/yr12 months · AED 132 per sqft
1 Sep 2023RentedRenewal
AED 45,980/yr12 months · AED 115 per sqft
1 Sep 2022RentedRenewal
AED 41,800/yr12 months · AED 104 per sqft
10 Jul 2020RentedRenewal
AED 40,000/yr12 months · AED 100 per sqft
10 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
18 Apr 2018RentedNew contract
AED 52,000/yr12 months · AED 130 per sqft
1 Mar 2017RentedNew contract
AED 65,000/yr12 months · AED 163 per sqft

Source: Dubai Land Department. Updated 12 October 2025.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
7th of 27
Parking
B3-14
Developer
Point Development
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 520K · August 2010
Building
The Point

About 704, The Point

704 is a studio of 400 sqft on the 7th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 19 August 2010 for AED 519,950, or AED 1,299 per sqft, 7% below the AED 1,390 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 12 October 2025, is AED 60,000 a year: a gross yield of 11.5% on the 2010 price, before the service charge of about AED 9,500 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical studio in The Point
600K800K1M2009201220152018Typical sale price by year: 2009 AED 578,048; 2010 AED 529,149; 2011 AED 578,056; 2013 AED 588,821; 2016 AED 740,000; 2017 AED 930,000Sold by developer, January 2009: AED 519,950 (AED 1,299 per sqft)Sold, August 2010: AED 519,950 (AED 1,299 per sqft)

704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 704, each contractTypical studio in The Point
40K60K2012201620202024Typical rent by year: 2012 AED 38,000; 2013 AED 48,500; 2014 AED 55,388; 2015 AED 65,000; 2016 AED 68,500; 2017 AED 65,000; 2018 AED 55,500; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 70,000New contract, August 2013: AED 50,667 a yearNew contract, June 2014: AED 60,000 a yearNew contract, October 2014: AED 65,000 a yearNew contract, November 2015: AED 68,000 a yearNew contract, March 2017: AED 65,000 a yearNew contract, April 2018: AED 52,000 a yearNew contract, July 2019: AED 40,000 a yearRenewal, July 2020: AED 40,000 a yearRenewal, September 2022: AED 41,800 a yearRenewal, September 2023: AED 45,980 a yearRenewal, September 2024: AED 52,900 a yearNew contract, October 2025: AED 60,000 a year

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 704 sits

All 22 studios →

704 last sold in August 2010 at AED 1,299 per sqft, 7% below what studios in The Point were fetching at the time (AED 1,390).

Recent studio salesUnit no.Price (AED)Summary
9 May 20251,240,000
30 Sep 20241,000,000
28 Feb 2022550,000
1 Jul 2021600,000
0 studio sales 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 7th floor

All 188 units in The Point
Value
7011-bedAED 1.17M · Nov 2022
7021-bedAED 1.36M · Oct 2024
7031-bedAED 812K · Aug 2010
7051-bedAED 1.48M · Sep 2024
7061-bedAED 665K · Jun 2016
707StudioAED 550K · Feb 2022
7081-bedAED 947K · Jan 2011
1–7 of 9

704, The Point in numbers

  • Sold twice: first on 27 January 2009 for AED 519,950, last on 19 August 2010 for AED 519,950 (AED 1,299 per sqft).
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 50,667 to AED 40,000 in 2020 and recovered to AED 60,000 by October 2025.
  • At AED 60,000 a year the gross yield on the 2010 price is 11.5%, before a service charge of about AED 9,500 a year (AED 23.83 per sqft).

Source: Dubai Land Department. Updated 12 October 2025.

Questions about 704, The Point

What did unit 704 last sell for?

AED 519,950 on 19 August 2010: AED 1,299 per sqft for 400 sqft. The unit has 2 registered sales; the first was AED 519,950 in January 2009.

What is the rent for unit 704?

AED 60,000 a year on the contract signed on 12 October 2025. The previous contract, from September 2024, was AED 52,900; the unit has been rented since August 2013.

How big is unit 704?

400 sqft (37.2 sqm): a studio on the 7th floor of a 27-storey tower completed in 2009.

What is unit 704 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 704, The Point

Starts from the last sale price (AED 520K, 19 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 519,950
Deposit, UAE resident (20%)
AED 103,990
Deposit, non-resident (40%)
AED 207,980
Monthly over 25 years at 3.7%
AED 2,127

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