1-bed · 714 sqftStandpoint Towers 1, Downtown Dubai · 11th floor · completed 2012

1106, Standpoint Towers 1

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 27 April 2023
Last soldAED 2M15 April 2014
Current rentAED 74K /yr27 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Standpoint Towers 1

What is 1106 worth today?

Last sold for AED 2,003,888 in 2014

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27 Apr 2023RentedNew contract
AED 73,500/yr12 months · AED 103 per sqft
27 Apr 2020RentedRenewal
AED 75,000/yr12 months · AED 106 per sqft
27 Apr 2019RentedRenewal
AED 82,000/yr12 months · AED 115 per sqft
27 Apr 2018RentedNew contract
AED 85,000/yr12 months · AED 120 per sqft
1 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 127 per sqft
15 Apr 2014Sold by developerReady
AED 2,003,888AED 2,807 per sqft

Source: Dubai Land Department. Updated 27 April 2023.

Key facts

Type
1-bed apartment
Size
714 sqft
Floor
11th of 27
Parking
P2-40
Developer
Emaar
Completed
2012
Service charge
AED 15,900 /yr
Last sold
AED 2M · April 2014

About 1106, Standpoint Towers 1

1106 is a one-bedroom apartment of 714 sqft on the 11th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 15 April 2014 for AED 2,003,888, or AED 2,807 per sqft, 44% above the AED 1,945 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 27 April 2023, is AED 73,500 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 15,900 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, 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 2014: AED 2,003,888 (AED 2,807 per sqft)

1106 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1106, 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 2017: AED 90,000 a yearNew contract, April 2018: AED 85,000 a yearRenewal, April 2019: AED 82,000 a yearRenewal, April 2020: AED 75,000 a yearNew contract, April 2023: AED 73,500 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 1106 sits

All 214 1-beds →

1106 last sold in April 2014 at AED 2,807 per sqft, 44% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,945). 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. 1106's AED 73,500 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
11031-bedAED 1.55M · Sep 2013
11042-bedAED 1.75M · May 2018
11051-bedAED 1.53M · Feb 2014
11071-bedAED 1.01M · Apr 2020
11081-bedAED 51K · Aug 2026
1–7 of 12

1106, Standpoint Towers 1 in numbers

  • Sold once: by Emaar on 15 April 2014 for AED 2,003,888, or AED 2,807 per sqft.
  • Rented since September 2017 on 5 Ejari contracts, from AED 90,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2014 price is 3.7%, before a service charge of about AED 15,900 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 27 April 2023.

Questions about 1106, Standpoint Towers 1

What did unit 1106 last sell for?

AED 2,003,888 on 15 April 2014, sold by the developer: AED 2,807 per sqft for 714 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 73,500 a year on the contract signed on 27 April 2023. The previous contract, from April 2020, was AED 75,000; the unit has been rented since September 2017.

How big is unit 1106?

714 sqft (66.3 sqm): a one-bedroom apartment on the 11th floor of a 27-storey tower completed in 2012.

What is unit 1106 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 1106, Standpoint Towers 1

Starts from the last sale price (AED 2M, 15 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,003,888
Deposit, UAE resident (20%)
AED 400,778
Deposit, non-resident (40%)
AED 801,555
Monthly over 25 years at 3.7%
AED 8,199

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