116, Standpoint Towers 1
Sold prices and rental history: sold 4 times, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Standpoint Towers 1
What is 116 worth today?
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Source: Dubai Land Department. Updated 13 January 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,740 sqft
- Floor
- 1st of 27
- Parking
- B1-135
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 38,800 /yr
- Last sold
- AED 1.39M · January 2021
- Building
- Standpoint Towers 1
About 116, Standpoint Towers 1
116 is a two-bedroom apartment of 1,740 sqft on the 1st floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 13 January 2021 for AED 1,385,000, or AED 795 per sqft, 36% below the AED 1,251 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 March 2017, is AED 128,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 38,800 a year.
Sales and rents for 116 over time
116 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Standpoint Towers 1, and where 116 sits
All 100 2-beds →116 last sold in January 2021 at AED 795 per sqft, 36% below what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,251). Over the last 12 months two-beds sold for AED 2,350,000 to 4,100,000, around AED 2,219 per sqft, and rent for AED 45,000 to 360,000 a year. 116's AED 128,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,209 sqft | 2,850,000 | 2,357 | ||
| 5 Oct 20265 October 2026 | 1,171 sqft | 2,350,000 | 2,006 | ||
| 19 Aug 202619 August 2026 | 1,171 sqft | 2,550,000 | 2,176 | ||
| 3 Jul 20263 July 2026 | 1,171 sqft | 2,600,000 | 2,219 |
Standpoint Towers 1
Building344 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%
Other units on the 1st floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,204 sqft | AED 1.74MAED 1,740,888 · Feb 2014February 2014 | ||
| 102 | 1-bed | 1,187 sqft | AED 2.05MAED 2,053,510 · Nov 2013November 2013 | 83,000 /yr | |
| 103 | 1-bed | 1,195 sqft | AED 2.2MAED 2,200,000 · May 2025May 2025 | 105,000 /yr | |
| 104 | 2-bed | 1,463 sqft | AED 3.96MAED 3,961,888 · Mar 2010March 2010 | 156,000 /yr | |
| 105 | 1-bed | 786 sqft | AED 1.1MAED 1,100,000 · Jul 2022July 2022 | 100,000 /yr | |
| 106 | Studio | 446 sqft | AED 1.19MAED 1,194,666 · Oct 2013October 2013 | 80,850 /yr | |
| 107 | Studio | 447 sqft | AED 1.19MAED 1,185,000 · Nov 2014November 2014 | 76,650 /yr | |
| 108 | Studio | 447 sqft | AED 1.2MAED 1,200,000 · May 2025May 2025 | 60,500 /yr | |
| 109 | Studio | 447 sqft | AED 950KAED 950,000 · May 2018May 2018 | 70,000 /yr | |
| 110 | Studio | 447 sqft | AED 1.23MAED 1,225,000 · Jun 2016June 2016 | 76,650 /yr | |
| 111 | Studio | 479 sqft | AED 1.82MAED 1,823,166 · Sep 2013September 2013 | 80,000 /yr | |
| 112 | 1-bed | 766 sqft | AED 1.39MAED 1,385,888 · Sep 2013September 2013 | 100,000 /yr | |
| 113 | 2-bed | 1,442 sqft | AED 3MAED 3,000,000 · Jul 2013July 2013 | 125,000 /yr | |
| 114 | 1-bed | 1,189 sqft | AED 2.15MAED 2,150,000 · May 2026May 2026 | 80,000 /yr | |
| 115 | 1-bed | 1,199 sqft | AED 1.75MAED 1,750,000 · Mar 2024March 2024 | 101,088 /yr |
116, Standpoint Towers 1 in numbers
- Sold 4 times: first on 5 October 2009 for AED 3,074,888, last on 13 January 2021 for AED 1,385,000 (AED 795 per sqft).
- Rented since June 2013 on 4 Ejari contracts, from AED 100,000 to AED 128,000 a year.
- At AED 128,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 38,800 a year (AED 22.27 per sqft).
- Two-beds in Standpoint Towers 1 sold for AED 2,350,000–4,100,000 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 13 January 2021.
Questions about 116, Standpoint Towers 1
What did unit 116 last sell for?
AED 1,385,000 on 13 January 2021: AED 795 per sqft for 1,740 sqft. The unit has 4 registered sales; the first was AED 3,074,888 in October 2009.
What is the rent for unit 116?
AED 128,000 a year on the contract signed on 15 March 2017. The previous contract, from November 2015, was AED 135,000; the unit has been rented since June 2013.
How big is unit 116?
1,740 sqft (161.7 sqm): a two-bedroom apartment on the 1st floor of a 27-storey tower completed in 2012.
What is unit 116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Standpoint Towers 1 sold for AED 2,350,000 to 4,100,000 in the last 12 months, around AED 2,219 per sqft.
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Mortgage on 116, Standpoint Towers 1
Starts from the last sale price (AED 1.39M, 13 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,385,000
- Deposit, UAE resident (20%)
- AED 277,000
- Deposit, non-resident (40%)
- AED 554,000
- Monthly over 25 years at 3.7%
- AED 5,666
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →