1-bed · 827 sqftStandpoint Towers 1, Downtown Dubai · 11th floor · completed 2012

1103, Standpoint Towers 1

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

Unit 1103 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.55M17 September 2013
Current rentAED 100K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Standpoint Towers 1

What is 1103 worth today?

Last sold for AED 1,552,888 in 2013

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1 Aug 2024RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
17 Nov 2023RentedRenewal
AED 97,000/yr12 months · AED 117 per sqft
17 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
27 Jan 2021RentedRenewal
AED 66,000/yr12 months · AED 80 per sqft
27 Jan 2020RentedNew contract
AED 74,000/yr12 months · AED 89 per sqft
19 Jan 2019RentedNew contract
AED 82,500/yr12 months · AED 100 per sqft
18 Jan 2018RentedNew contract
AED 88,000/yr12 months · AED 106 per sqft
8 Dec 2016RentedNew contract
AED 115,000/yr12 months · AED 139 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
11th of 27
Parking
B3-110
Developer
Emaar
Completed
2012
Service charge
AED 18,400 /yr
Last sold
AED 1.55M · September 2013

About 1103, Standpoint Towers 1

1103 is a one-bedroom apartment of 827 sqft on the 11th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 17 September 2013 for AED 1,552,888, or AED 1,877 per sqft, in line with the AED 1,901 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 August 2024, is AED 100,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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 1,552,888 (AED 1,877 per sqft)Sold, September 2013: AED 1,552,888 (AED 1,877 per sqft)

1103 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, 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, November 2014: AED 110,000 a yearNew contract, December 2016: AED 115,000 a yearNew contract, January 2018: AED 88,000 a yearNew contract, January 2019: AED 82,500 a yearNew contract, January 2020: AED 74,000 a yearRenewal, January 2021: AED 66,000 a yearNew contract, November 2021: AED 85,000 a yearRenewal, November 2023: AED 97,000 a yearNew contract, August 2024: AED 100,000 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 1103 sits

All 214 1-beds →

1103 last sold in September 2013 at AED 1,877 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,901). 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. 1103's AED 100,000 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 11th floor

All 344 units in Standpoint Towers 1
Value
11011-bedAED 950K · Apr 2014
11021-bedAED 1.56M · Sep 2013
11042-bedAED 1.75M · May 2018
11051-bedAED 1.53M · Feb 2014
11061-bedAED 2M · Apr 2014
11071-bedAED 1.01M · Apr 2020
11081-bedAED 51K · Aug 2026
1–7 of 12

1103, Standpoint Towers 1 in numbers

  • Sold twice: first on 5 August 2013 for AED 1,552,888, last on 17 September 2013 for AED 1,552,888 (AED 1,877 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 66,000 in 2021 and recovered to AED 100,000 by August 2024.
  • At AED 100,000 a year the gross yield on the 2013 price is 6.4%, 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 1 August 2024.

Questions about 1103, Standpoint Towers 1

What did unit 1103 last sell for?

AED 1,552,888 on 17 September 2013: AED 1,877 per sqft for 827 sqft. The unit has 2 registered sales; the first was AED 1,552,888 in August 2013.

What is the rent for unit 1103?

AED 100,000 a year on the contract signed on 1 August 2024. The previous contract, from November 2023, was AED 97,000; the unit has been rented since November 2014.

How big is unit 1103?

827 sqft (76.8 sqm): a one-bedroom apartment on the 11th floor of a 27-storey tower completed in 2012.

What is unit 1103 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 1103, Standpoint Towers 1

Starts from the last sale price (AED 1.55M, 17 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,552,888
Deposit, UAE resident (20%)
AED 310,578
Deposit, non-resident (40%)
AED 621,155
Monthly over 25 years at 3.7%
AED 6,353

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