The Point is a ready-to-move project, nestled in the Dubai Marina. The 30-storey skyscraper is developed by Select Group, one of the largest developers in the UAE.
Among residences on offer in The Point are studios, 1–3 bedroom apartments and 3-4 bedroom penthouses overlooking the canal and the surroundings. The total number of units is 193. Residents of The Point get access to a number of amenities, located right on the territory of the project, including a swimming pool overlooking the waterfront, sun decks, relaxation zones, sports facilities and other facilities.
The skyscraper was completed in 2009.
A number of social infrastructure objects in the area, including educational and medical institutions are ideal for harmonious family living.
The initial cost of a studio with an area of 400 sq. ft in The Point is AED 875K (USD 238K), as of Q2 2023. A 1-bedroom apartment with a floor plan of 799 sq. ft costs AED 1.25M (USD 340K), while a spacious 3-bedroom penthouse with an area of 2,207 sq. ft can be obtained from AED 3.9M (USD 1.06M). To get the actual price list, please don't hesitate to contact Metropolitan Premium Properties brokers.
Dubai Marina is one of the most well-known areas in Dubai, known for Dubai Marina Mall, The Walk at JBR and The Beach at JBR. Due to its close proximity to Palm Jumeirah, Bluewaters Island, as well as financial districts of the emirate, residences here are always in demand among buyers and tenants. A great number of residences to choose from in the completed project of The Point will be appreciated by people of all ages and marital status.
The average ROI for a 1-bedroom apartment in Dubai Marina is 7.6%, which is one of the highest in the emirate. Such a residence in The Point with an area of 786 sq. ft can be rented out from AED 100K (USD 27K) per year. Moreover, due to the fact that Dubai Marina is always in demand among tourists and expats, wishing to enjoy waterfront living, you will always be able to resell a property at a higher price.
Purchasing a residence in The Point is an ideal investment tool, as well as a way to get a renewable 2-year investor visa or 10-year Golden Visa.