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Studio · 400 sqftThe Point, Dubai Marina · 9th floor · completed 2009

907, The Point

Sold prices and rental history: sold 5 times, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 600K1 July 2021
Current rentAED 66K /yr27 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 907, The Point

What is 907 worth today?

Last sold for AED 600,000 in 2021

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27 Aug 2024RentedRenewal
AED 66,000/yr12 months · AED 166 per sqft
27 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 151 per sqft
27 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
1 Jul 2021SoldReady
AED 600,000AED 1,499 per sqft
24 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
1 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
20 Jun 2019RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
1 Jul 2018RentedNew contract
AED 63,000/yr12 months · AED 158 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
9th of 27
Parking
B3-19
Developer
Point Development
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 600K · July 2021
Building
The Point

About 907, The Point

907 is a studio of 400 sqft on the 9th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 1 July 2021 for AED 600,000, or AED 1,499 per sqft.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 27 August 2024, is AED 66,000 a year: a gross yield of 11.0% on the 2021 price, before the service charge of about AED 9,500 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical studio in The Point
600K800K1M2009201320172021Typical 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, July 2009: AED 598,868 (AED 1,496 per sqft)Sold, May 2011: AED 598,868 (AED 1,496 per sqft)Sold, May 2011: AED 598,868 (AED 2,244 per sqft)Sold, January 2013: AED 580,000 (AED 1,449 per sqft)Sold, July 2021: AED 600,000 (AED 1,499 per sqft)

907 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 907, 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, July 2012: AED 40,000 a yearNew contract, January 2014: AED 49,433 a yearNew contract, February 2015: AED 72,000 a yearNew contract, July 2016: AED 72,500 a yearNew contract, July 2018: AED 63,000 a yearNew contract, June 2019: AED 50,000 a yearNew contract, September 2020: AED 40,000 a yearNew contract, February 2021: AED 40,000 a yearNew contract, August 2022: AED 55,000 a yearRenewal, August 2023: AED 60,000 a yearRenewal, August 2024: AED 66,000 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 907 sits

All 22 studios →
Recent studio salesUnit no.Price (AED)Summary
9 May 20251,240,000
30 Sep 20241,000,000
28 Feb 2022550,000
27 May 2021560,000
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 9th floor

All 188 units in The Point
Value
9011-bedAED 1.71M · Aug 2014
9021-bedAED 690K · Jul 2020
9031-bedAED 820K · Jun 2012
904StudioAED 560K · May 2021
9051-bedAED 665K · Aug 2020
9061-bedAED 1.2M · May 2016
9081-bedAED 1.3M · Nov 2013
1–7 of 9

907, The Point in numbers

  • Sold 5 times: first on 30 July 2009 for AED 598,868, last on 1 July 2021 for AED 600,000 (AED 1,499 per sqft).
  • Rented since July 2012 on 11 Ejari contracts, from AED 40,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2021 price is 11.0%, before a service charge of about AED 9,500 a year (AED 23.83 per sqft).

Source: Dubai Land Department. Updated 27 August 2024.

Questions about 907, The Point

What did unit 907 last sell for?

AED 600,000 on 1 July 2021: AED 1,499 per sqft for 400 sqft. The unit has 5 registered sales; the first was AED 598,868 in July 2009.

What is the rent for unit 907?

AED 66,000 a year on the contract renewed on 27 August 2024. The previous contract, from August 2023, was AED 60,000; the unit has been rented since July 2012.

How big is unit 907?

400 sqft (37.2 sqm): a studio on the 9th floor of a 27-storey tower completed in 2009.

What is unit 907 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 907, The Point

Starts from the last sale price (AED 600K, 1 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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