1-bed · 827 sqftStandpoint Towers 1, Downtown Dubai · 10th floor · completed 2012

1003, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in January 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 25 March 2017
Last soldAED 1.75M15 January 2014
Current rentAED 105K /yr25 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Standpoint Towers 1

What is 1003 worth today?

Last sold for AED 1,750,000 in 2014

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25 Mar 2017RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
1 May 2016RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
26 Feb 2015RentedNew contract
AED 115,000/yr12 months · AED 139 per sqft
15 Jan 2014SoldReady
AED 1,750,000AED 2,115 per sqft
3 Oct 2013SoldReady
AED 1,551,888AED 1,875 per sqft
12 Aug 2013Sold by developerOff-plan
AED 1,551,888AED 1,875 per sqft

Source: Dubai Land Department. Updated 25 March 2017.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
10th of 27
Parking
B3-98
Developer
Emaar
Completed
2012
Service charge
AED 18,400 /yr
Last sold
AED 1.75M · January 2014

About 1003, Standpoint Towers 1

1003 is a one-bedroom apartment of 827 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 15 January 2014 for AED 1,750,000, or AED 2,115 per sqft, 9% above the AED 1,935 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 25 March 2017, is AED 105,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, 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, August 2013: AED 1,551,888 (AED 1,875 per sqft)Sold, October 2013: AED 1,551,888 (AED 1,875 per sqft)Sold, January 2014: AED 1,750,000 (AED 2,115 per sqft)

1003 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Standpoint Towers 1
75K100K2013201720212025Typical 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, February 2015: AED 115,000 a yearNew contract, May 2016: AED 105,000 a yearNew contract, March 2017: AED 105,000 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 1003 sits

All 214 1-beds →

1003 last sold in January 2014 at AED 2,115 per sqft, 9% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,935). 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. 1003's AED 105,000 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
10011-bedAED 1.53M · Jun 2013
10021-bedAED 1.64M · Dec 2013
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

1003, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 12 August 2013 for AED 1,551,888, last on 15 January 2014 for AED 1,750,000 (AED 2,115 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 115,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 18,400 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 25 March 2017.

Questions about 1003, Standpoint Towers 1

What did unit 1003 last sell for?

AED 1,750,000 on 15 January 2014: AED 2,115 per sqft for 827 sqft. The unit has 3 registered sales; the first was AED 1,551,888 in August 2013.

What is the rent for unit 1003?

AED 105,000 a year on the contract signed on 25 March 2017. The previous contract, from May 2016, was AED 105,000; the unit has been rented since February 2015.

How big is unit 1003?

827 sqft (76.8 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2012.

What is unit 1003 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 1003, Standpoint Towers 1

Starts from the last sale price (AED 1.75M, 15 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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