The Point

TL;DR: The Point is a completed 27-storey, 193-unit freehold residential tower in Dubai Marina developed by Select Group and handed over in April 2009. Overlooking the Marina Yacht Club with direct Marina Walk access, it offers studios (400 sq. ft.) through 3-bedroom apartments (up to 2,207 sq. ft.) and exclusive duplex villas, with current average sale prices around AED 2.1–2.3 million. The building delivers rental yields of 6.7–7.5% for smaller units, backed by Dubai Marina's 90%+ occupancy rate and 7,500+ DLD-registered transactions in 2024.

Introduction to The Point

The Point is an elegant 27-storey residential skyscraper situated in the heart of Dubai Marina, one of the world's most iconic waterfront communities. Developed by Select Group—one of the largest privately-owned real estate development and investment companies in the GCC—and completed in April 2009, this freehold tower houses a refined collection of 193 residential units spanning studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments, along with an exclusive selection of duplex villas. The building's total built-up area exceeds 378,000 sq. ft., with an average unit size of approximately 1,959 sq. ft. across the entire building when factoring in the substantially larger villa configurations.

Strategically positioned overlooking the Dubai Marina Yacht Club on the inner marina waterfront, The Point delivers a premium lifestyle defined by direct access to the Marina Walk promenade, proximity to world-class dining and entertainment, and the convenience of Dubai's most connected residential district. As a fully completed, established asset in the secondary market, it offers the stability of a proven community with a 15-year operational track record, making it equally attractive to end-users seeking immediate occupancy and investors pursuing reliable rental income.

Location and Connectivity

The Point occupies a prime position at 351 King Salman Bin Abdulaziz Al Saud Street, directly overlooking the Dubai Marina Yacht Club and the inner marina canal. This strategic waterfront location provides residents with immediate pedestrian access to the Marina Walk—a vibrant promenade that runs along the marina's edge, lined with international restaurants, boutique cafes, and retail establishments.

Dubai Marina's transport infrastructure is among the most comprehensive of any residential community in the UAE:

Dubai Metro (Red Line): The DMCC Metro Station is situated just a 3-minute drive or approximately 9-minute walk from The Point. The Sobha Realty Metro Station (formerly Dubai Marina Metro Station) is also on the Red Line near Interchange 5 of Sheikh Zayed Road. The Red Line provides direct connectivity to Downtown Dubai, Business Bay, Dubai International Airport, and Deira.

Dubai Tram: Running 14.5 km along Al Sufouh Road, the Dubai Tram serves seven stops within the Marina district—Dubai Marina, Dubai Marina Mall, Jumeirah Lake Towers, Jumeirah Beach Residence 1 and 2, Mina Seyahi, and Marina Towers. The tram connects to the Red Line Metro via a pedestrian bridge interchange at DMCC station, creating a seamless multi-modal transit network.

Road Access: Sheikh Zayed Road (E11), Dubai's primary arterial highway, is a 6-minute drive from the building, providing rapid access to all major business districts including DIFC, Downtown, and Dubai Silicon Oasis.

Nearby Landmarks and Distances:

• Dubai Marina Mall: 5-minute drive
• JBR Beach (Jumeirah Beach Residence): approximately 10-minute walk
• The Walk at JBR: 10-minute walk (1.7 km outdoor boulevard with restaurants, retail, and beach access)
• Bluewaters Island and Ain Dubai: accessible via tram and short walk from JBR
• Dubai Internet City and Dubai Media City: short drive west
• The Palm Jumeirah: short drive south via tram/road

Architecture and Design

Designed by National Engineering Bureau (NEB), an award-winning architectural firm, The Point features a modern architectural aesthetic characterized by shining glass facades, panoramic floor-to-ceiling windows, and a symmetrical arrangement of curved balconies that maximize marina waterway views from every residential level. The tower rises 130 metres above the Marina skyline, making it a distinctive component of the Dubai Marina cluster while maintaining a boutique scale of 193 units that ensures an intimate residential experience.

The building's design philosophy prioritizes light, space, and views—three elements that define the quintessential Dubai Marina lifestyle. Each apartment features expansive windows that frame sweeping perspectives of the marina waterways, the city skyline, and the Arabian Gulf beyond. The interiors are finished with marble flooring, premium kitchen appliances, built-in wardrobes, and central air conditioning throughout, delivering a contemporary move-in ready experience that meets the expectations of discerning international buyers.

Residential Units and Configurations

The Point offers a comprehensive range of residential configurations designed to serve diverse lifestyle needs, from young professionals to established families and investors:

Studios (approximately 400 sq. ft.): Efficient, well-designed living spaces featuring open-plan layouts with integrated kitchens, premium finishes, and private balconies. Current sale price: AED 1.1–1.2 million. Annual rental income: approximately AED 85,000, delivering a gross rental yield of approximately 6.7%.

1-Bedroom Apartments (755–800 sq. ft.): Spacious one-bedroom configurations with separate living areas, fitted kitchens, and generous balcony space. Multiple floor plan types (Types A, E, F, G) are available across the building. Current sale price: AED 1.5–2.5 million. Annual rental income: approximately AED 120,000, yielding up to 7.5% gross returns.

2-Bedroom Apartments (1,211–1,230 sq. ft.): Family-oriented residences with two full bedrooms, premium living and dining areas, and panoramic marina views. Current sale price: AED 2.5–4.5 million. Annual rental income: approximately AED 160,000.

3-Bedroom Apartments (1,594–2,207 sq. ft.): The building's largest standard apartments, designed for families requiring generous space and premium finishes. Current sale price: AED 4.0–7.5 million+. Annual rental income: approximately AED 220,000.

Exclusive Villas (within the tower): The Point features a rare collection of in-tower villa residences:

• 3 units of 3-Bedroom Duplex Villas: two-floor layouts with 5 bathrooms, living and dining areas, family room, kitchen, maid's room, private balcony, deck, Jacuzzi, and dedicated parking for 2 vehicles.
• 1 unit of 4-Bedroom Corner Villa: featuring 6 bathrooms, living and dining area, family area, kitchen, maid's room, balcony, two decks, and private Jacuzzi.

These villas represent some of the most exclusive residential offerings within the Dubai Marina tower landscape, combining the privacy and space of a villa with the elevation, views, and amenities of a high-rise tower.

Amenities and Lifestyle

The Point delivers a comprehensive suite of premium amenities designed for wellness, leisure, and daily convenience:

• Swimming Pool: A large temperature-controlled swimming pool with a surrounding deck, positioned to capture marina views and sunshine.
• State-of-the-Art Gymnasium: A fully equipped fitness center with modern cardio and strength training equipment.
• Spa Facilities: Dedicated spa area including a sauna and steam room for post-workout relaxation and wellness.
• Games Room: An indoor social space featuring pool tables and table tennis, providing recreational entertainment for residents and guests.
• Kids Play Area: A dedicated children's recreation zone designed to support families with young children.
• BBQ Area: Outdoor barbecue zones for family gatherings and social events.
• 24-Hour Security: Professional security personnel operating around the clock, complemented by CCTV surveillance.
• Concierge Services: Full-time concierge desk providing hotel-standard assistance with reservations, deliveries, and lifestyle management.
• On-Site Housekeeping: Professional housekeeping services available to residents.
• Covered Parking: Dedicated parking facilities within the building.

Beyond the tower's amenities, Dubai Marina offers one of the most dynamic urban lifestyles in the region. The Marina Walk promenade—directly accessible from The Point—provides an endless array of dining options from international chains to independent restaurants. JBR Beach is approximately a 10-minute walk, offering public beach facilities with showers, changing rooms, and promenades. Bluewaters Island, home to the 250-metre Ain Dubai (the world's tallest observation wheel) and The Wharf shopping precinct with over 130 shops and restaurants, is connected to JBR via a 265-metre pedestrian bridge. Dubai Marina Mall, a 5-minute drive away, serves as the primary retail anchor for the community.

Developer Profile: Select Group

Select Group, founded in 2002 by Rahail Aslam, has established itself as one of the GCC's premier privately-owned real estate development and investment companies. The company's portfolio exceeds 20 million square feet of developed property with a combined Gross Development Value (GDV) in excess of AED 20 billion. Select Group has delivered over 7,000 residential units, with more than 5,000 additional units currently under construction. Operations span the UAE, United Kingdom, and Europe.

The developer's track record within Dubai Marina specifically is unmatched, with landmark deliveries including The Torch (completed May 2011, formerly the world's tallest residential tower with 682 units), Jumeirah Living Marina Gate (a three-tower development with 370,000+ sqm BUA and 1,500+ apartments, handed over October 2020), Studio One, and the award-winning No. 9 (Arabian Property Award 2019). Current pipeline projects include Six Senses Residences Dubai Marina (awarded "Best Luxury High-Rise Living" at the Luxury Lifestyle Awards 2025), Six Senses Residences The Palm, and the Peninsula master waterfront community in Business Bay.

Select Group was ranked No. 35 on Construction Week's Top 50 GCC Developers list in 2021, and founder Rahail Aslam was ranked No. 16 in the Power Hour 2022 list by Construction Business News Middle East.

Investment Analysis and Market Performance

The Point operates within one of the most liquid and high-performing residential markets in the entire UAE:

Building-Specific Metrics:

• Average sale price: AED 2,140,000–2,338,056 across all unit types
• Average price per sq. ft.: AED 1,945–2,087
• Year-on-year price appreciation: 5.66–12.12% (depending on unit type)
• Year-on-year average sale price increase: approximately 20–26%
• Average annual rent (new contracts): AED 104,404
• Average annual rent (renewed contracts): AED 98,589
• Estimated rental yield: 6.7% (studios) to 7.5% (1-bedroom)

Dubai Marina Market Context:

• Average price per sq. ft. (2025): AED 2,050–2,661
• Historical price trajectory: AED 1,580/sqft (2022) → AED 2,062/sqft (2024) → AED 2,661/sqft (2025)
• Occupancy rate: 90%+ across the community
• 2024 DLD-registered transactions: 7,500+ in Dubai Marina alone
• City-wide residential transactions (2025): 215,700 transactions totaling AED 686.8 billion (+30.9% YoY)
• Short-term rental yields: up to 20% gross annually for best-performing buildings

Rental Yield Benchmarks (Dubai Marina Average):

• Studios: 6.50% gross
• 1-Bedroom: 6–7.5% gross (some sources report up to 12.59% ROI)
• 2-Bedroom: 5.81%
• 3-Bedroom: 6.16%
• 4-Bedroom: 8.27%

Service Charges: Approximately AED 20.08 per sq. ft. per year (RERA-registered), broken down as: Services AED 4.36, Maintenance AED 4.54, Improvement AED 3.51, Utilities AED 3.27, Management AED 1.68, Insurance AED 0.99, Master Community AED 0.58, Reserved Fund AED 1.15, plus additional charges of AED 5.35/sqft. For a 1-bedroom unit of 800 sq. ft., the estimated annual service charge is approximately AED 16,064–20,344.

Community Demographics and Lifestyle

Dubai Marina is home to approximately 120,000 residents representing over 120 nationalities, creating one of the most cosmopolitan residential communities in the Middle East. The community is predominantly favored by young professionals and young families, with significant representation from the UK, India, Russia, and Eastern European countries. The proximity to Dubai Internet City and Dubai Media City drives consistent long-term tenant demand from professionals in finance, real estate, hospitality, aviation, and the technology sector.

The Marina lifestyle is characterized by its walkable promenade culture, direct marina and yacht access, rooftop pools, and an active social scene centered around water sports, beach clubs at JBR, and year-round outdoor dining. The building is confirmed pet-friendly, adding to its appeal among expatriate families. Seasonal demand peaks during winter months (November to March) when tourist influx drives short-term rental occupancy and premium nightly rates.

Why The Point Represents a Premier Marina Investment

The Point combines the prestige of a Select Group development with an irreplaceable waterfront position in one of Dubai's most established and liquid residential markets. With 90%+ occupancy rates, rental yields reaching 7.5% for smaller units, a 15-year operational track record, and Dubai Marina recording over 7,500 transactions in 2024 alone, this 193-unit tower delivers proven, stable returns backed by sustained international demand. The combination of direct Marina Walk access, comprehensive amenities, freehold ownership, and competitive pricing within the AED 1.1–7.5 million range makes The Point a versatile asset that serves both end-user lifestyle aspirations and investor portfolio optimization.

Data sourced from Select Group Official, Bayut Building Guide, Arab MLS, Property Finder, Valorisimo, Entralon, Unique Properties, Dubai Marina Life, and RERA Service Charge Index.