Home›Projects›Pier Point 2

Pier Point 2

by MINA RASHID PROPERTIES L.L.C·MADINAT DUBAI ALMELAHEYAHResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started
Construction Progress0.3%
Project Start
Feb 22, 2025
Expected Handover
N/A
Total Units
121
Avg Unit Size
1132 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 2.87M
PSF
AED 2,638/sqft
Sales 12M
1
vs Area
+11.5%
Asset Turnover
ⓘ
0.8%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
121
Avg Unit Size
1132 sqft
3BR
11.6%
1BR
46.3%
2BR
42.1%

Room Configuration

Unit TypeCountShare
1BR5646.3%
2BR5142.1%
3BR1411.6%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
1BR46.3%
56 units
0.0%
0 sold
—🚫 GHOST UNIT
2BR42.1%
51 units
0.0%
0 sold
—🚫 GHOST UNIT
3BR11.6%
14 units
100.0%
1 sold
8.62⚠️ STAGNANT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
10 Sep 2025
MADINAT DUBAI ALMELAHEYAH3BRAED 4.14MAED 2,476/sqftOff-planFreehold
25 Jul 2025
MADINAT DUBAI ALMELAHEYAH3BRAED 9.28MAED 3,443/sqftOff-planFreehold
2 Jul 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 1.98MAED 2,546/sqftOff-planFreehold
30 Jun 2025
MADINAT DUBAI ALMELAHEYAH3BRAED 6.18MAED 2,280/sqftOff-planFreehold
3 Apr 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 2.05MAED 2,635/sqftOff-planFreehold
25 Mar 2025
MADINAT DUBAI ALMELAHEYAH3BRAED 5.29MAED 3,164/sqftOff-planFreehold
11 Mar 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 2.04MAED 2,612/sqftOff-planFreehold
4 Mar 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 4.28MAED 3,323/sqftOff-planFreehold
12 Feb 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 2.95MAED 2,296/sqftOff-planFreehold
11 Feb 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 3.06MAED 2,386/sqftOff-planFreehold
23 Jan 2025
MADINAT DUBAI ALMELAHEYAH2BRAED 2.90MAED 2,258/sqftOff-planFreehold
7 Jan 2025
MADINAT DUBAI ALMELAHEYAH1BRAED 2.03MAED 2,626/sqftOff-planFreehold
27 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.91MAED 2,470/sqftOff-planFreehold
27 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.07MAED 2,587/sqftOff-planFreehold
24 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 4.16MAED 3,431/sqftOff-planFreehold
16 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.94MAED 2,505/sqftOff-planFreehold
13 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 3.04MAED 2,371/sqftOff-planFreehold
13 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.85MAED 2,221/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.94MAED 2,292/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.44MAED 3,035/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.40MAED 2,992/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 4.21MAED 3,287/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.92MAED 2,256/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.37MAED 2,919/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.01MAED 2,510/sqftOff-planFreehold
11 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.92MAED 2,276/sqftOff-planFreehold
10 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 1.96MAED 2,540/sqftOff-planFreehold
10 Dec 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.14MAED 2,642/sqftOff-planFreehold
9 Dec 2024
MADINAT DUBAI ALMELAHEYAH2BRAED 2.94MAED 2,274/sqftOff-planFreehold
27 Nov 2024
MADINAT DUBAI ALMELAHEYAH1BRAED 2.54MAED 3,167/sqftOff-planFreehold
HomeAreasRankActivity