1-bed · 841 sqftStandpoint Towers 1, Downtown Dubai · 11th floor · completed 2012

1112, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in December 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 1 July 2015
Last soldAED 1.71M25 December 2013
Current rentAED 94K /yr1 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, Standpoint Towers 1

What is 1112 worth today?

Last sold for AED 1,710,000 in 2013

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1 Jul 2015RentedRenewal
AED 94,000/yr12 months · AED 112 per sqft
1 Jul 2014RentedRenewal
AED 89,250/yr12 months · AED 106 per sqft
25 Dec 2013SoldReady
AED 1,710,000AED 2,033 per sqft
30 May 2013SoldOff-plan
AED 1,710,000AED 2,033 per sqft
14 Apr 2013Sold by developerOff-plan
AED 1,459,888AED 1,735 per sqft

Source: Dubai Land Department. Updated 1 July 2015.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
11th of 27
Parking
B2-6
Developer
Emaar
Completed
2012
Service charge
AED 18,700 /yr
Last sold
AED 1.71M · December 2013

About 1112, Standpoint Towers 1

1112 is a one-bedroom apartment of 841 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 25 December 2013 for AED 1,710,000, or AED 2,033 per sqft, 5% above the AED 1,933 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 1 July 2015, is AED 94,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1112 over time

Sales
Unit 1112, 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 1,459,888 (AED 1,735 per sqft)Sold, May 2013: AED 1,710,000 (AED 2,033 per sqft)Sold, December 2013: AED 1,710,000 (AED 2,033 per sqft)

1112 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1112, 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 105,000Renewal, July 2014: AED 89,250 a yearRenewal, July 2015: AED 94,000 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 1112 sits

All 214 1-beds →

1112 last sold in December 2013 at AED 2,033 per sqft, 5% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,933). 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. 1112's AED 94,000 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
11031-bedAED 1.55M · 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
1–7 of 12

1112, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 14 April 2013 for AED 1,459,888, last on 25 December 2013 for AED 1,710,000 (AED 2,033 per sqft).
  • Rented since July 2014 on 2 Ejari contracts, from AED 89,250 to AED 94,000 a year.
  • At AED 94,000 a year the gross yield on the 2013 price is 5.5%, before a service charge of about AED 18,700 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 July 2015.

Questions about 1112, Standpoint Towers 1

What did unit 1112 last sell for?

AED 1,710,000 on 25 December 2013: AED 2,033 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,459,888 in April 2013.

What is the rent for unit 1112?

AED 94,000 a year on the contract renewed on 1 July 2015. The previous contract, from July 2014, was AED 89,250.

How big is unit 1112?

841 sqft (78.1 sqm): a one-bedroom apartment on the 11th floor of a 27-storey tower completed in 2012.

What is unit 1112 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 1112, Standpoint Towers 1

Starts from the last sale price (AED 1.71M, 25 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,710,000
Deposit, UAE resident (20%)
AED 342,000
Deposit, non-resident (40%)
AED 684,000
Monthly over 25 years at 3.7%
AED 6,996

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