1-bed · 847 sqftStandpoint Towers 1, Downtown Dubai · 10th floor · completed 2012

1001, Standpoint Towers 1

Sold prices and rental history: sold twice, last in June 2013, and rented once, from September 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 5 September 2014
Last soldAED 1.53M2 June 2013
Current rentAED 79K /yr5 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Standpoint Towers 1

What is 1001 worth today?

Last sold for AED 1,530,000 in 2013

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5 Sep 2014RentedNew contract
AED 79,000/yr12 months · AED 93 per sqft
2 Jun 2013SoldOff-plan
AED 1,530,000AED 1,807 per sqft
21 Apr 2013Sold by developerOff-plan
AED 1,474,888AED 1,741 per sqft

Source: Dubai Land Department. Updated 5 September 2014.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
10th of 27
Parking
B2-129
Developer
Emaar
Completed
2012
Service charge
AED 18,900 /yr
Last sold
AED 1.53M · June 2013

About 1001, Standpoint Towers 1

1001 is a one-bedroom apartment of 847 sqft on the 10th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 2 June 2013 for AED 1,530,000, or AED 1,807 per sqft, in line with the AED 1,843 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2014. The current contract, signed on 5 September 2014, is AED 79,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical one-bed in Standpoint Towers 1
1M2M2009201420192024Typical sale price by year: 2009 AED 2,355,888; 2010 AED 1,823,166; 2012 AED 1,460,388; 2013 AED 1,568,888; 2014 AED 1,745,444; 2015 AED 1,700,000; 2016 AED 1,687,500; 2017 AED 1,535,000; 2018 AED 1,300,000; 2019 AED 1,150,000; 2020 AED 925,000; 2021 AED 1,000,000; 2022 AED 1,250,000; 2023 AED 1,504,913; 2024 AED 1,750,000; 2025 AED 1,912,500; 2026 AED 2,000,000Sold by developer, April 2013: AED 1,474,888 (AED 1,741 per sqft)Sold, June 2013: AED 1,530,000 (AED 1,807 per sqft)

1001 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1001, each contractTypical one-bed in Standpoint Towers 1
60K80K100K2013201720212025Typical rent by year: 2013 AED 92,000; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 87,500; 2019 AED 76,500; 2020 AED 68,750; 2021 AED 66,000; 2022 AED 78,750; 2023 AED 90,527; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 105,000New contract, September 2014: AED 79,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Standpoint Towers 1, and where 1001 sits

All 214 1-beds →

1001 last sold in June 2013 at AED 1,807 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,843). Over the last 12 months one-beds sold for AED 1,500,000 to 2,225,000, around AED 2,254 per sqft, and rent for AED 70,000 to 170,000 a year. 1001's AED 79,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 20262,000,000
1 Oct 20261,800,000
5 Aug 20262,010,000
5 Aug 202651,152
12 1-bed sales in the last 12 months

Standpoint Towers 1

Building

344 apartments, studios to 3-bed over 27 floors in Downtown Dubai, completed in 2012 by Emaar. 24 sold in the last 12 months.

Typical price per sqft
AED 2,271 Down 3.0%
Typical sale
AED 2.15M
Typical rent
AED 110K /yr
Typical yield
5.7%
Standpoint Towers 1, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 344 units in Standpoint Towers 1
Value
10021-bedAED 1.64M · Dec 2013
10031-bedAED 1.75M · Jan 2014
10042-bedAED 2M · Aug 2013
10051-bedAED 2.15M · Apr 2025
10061-bedAED 1.71M · Jun 2024
10071-bedAED 1.53M · Mar 2018
10081-bedAED 1.5M · Feb 2017
1–7 of 12

1001, Standpoint Towers 1 in numbers

  • Sold twice: first on 21 April 2013 for AED 1,474,888, last on 2 June 2013 for AED 1,530,000 (AED 1,807 per sqft).
  • Rented since September 2014 on one Ejari contract, at AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2013 price is 5.2%, before a service charge of about AED 18,900 a year (AED 22.27 per sqft).
  • One-beds in Standpoint Towers 1 sold for AED 1,500,000–2,225,000 in the 12 months to November 2026; the building's median across all types is AED 2,271 per sqft.

Source: Dubai Land Department. Updated 5 September 2014.

Questions about 1001, Standpoint Towers 1

What did unit 1001 last sell for?

AED 1,530,000 on 2 June 2013: AED 1,807 per sqft for 847 sqft. The unit has 2 registered sales; the first was AED 1,474,888 in April 2013.

What is the rent for unit 1001?

AED 79,000 a year on the contract signed on 5 September 2014.

How big is unit 1001?

847 sqft (78.7 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2012.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Standpoint Towers 1 sold for AED 1,500,000 to 2,225,000 in the last 12 months, around AED 2,254 per sqft.

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Mortgage on 1001, Standpoint Towers 1

Starts from the last sale price (AED 1.53M, 2 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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