PropertyIndex

Pier Point 1

Under Construction · Due Q4 2028|122 units · 1 building

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Pier Point 1 is an under-construction apartment development by MINA RASHID PROPERTIES L.L.C in Mina Rashid, Madinat Dubai Almelaheyah, comprising 122 registered units. 122 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,614 per sqft. At AED 2,614 per sqft, Pier Point 1 prices 5% below the Mina Rashid average of AED 2,754 per sqft on registered sales.

PIX© price · 0.8% YoY
3.25MAED
Typical
2,614AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
122
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Pier Point 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
774 – 2,667 sqft
1223.25M2,6140.8%
1 Bed · Apartment
774 – 811 sqft
57
2 Bed · Apartment
1,213 – 1,373 sqft
51
3 Bed · Apartment
1,669 – 2,667 sqft
14
No rental contracts registered — the project has not handed over.
Sales — Project-Wide122 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 110 sales
Floors 1-3 · 39 sales
Floors 4-9 · 71 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
1 May 2026Floor 51,2852,923,8882,2760.0%StandardOff-Plan Sale
27 Feb 2025Floor 61,2922,942,8882,277StandardOff-Plan Sale
19 Feb 2025Floor 21,2853,052,8882,376StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Mina Rashid

The closest-priced registered projects in Mina Rashid.

Common questions about Pier Point 1

Answered from Dubai Land Department registered transactions.

How much does a property in Pier Point 1 cost?

Property in Pier Point 1 sells at a current PIX© price of AED 2,614 per sqft, or about AED 3,248,618 for a typical unit, based on 122 sales registered with the Dubai Land Department.

When is Pier Point 1 handing over?

Pier Point 1 is under construction, due q4 2028.

Who is the developer of Pier Point 1?

Pier Point 1 is developed by MINA RASHID PROPERTIES L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Pier Point 1?

Pier Point 1 holds 122 registered units, per the Dubai Land Department unit register.

Have prices in Pier Point 1 gone up or down?

Price per sqft has fallen -0.8% over the last 12 months, to AED 2,614, across 122 registered sales.