1-bed · 847 sqftStandpoint Towers 1, Downtown Dubai · 12th floor · completed 2012

1201, Standpoint Towers 1

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

Unit 1201 · DLD and Ejari recordsUpdated 26 October 2020
Last soldAED 1.58M26 September 2013
Current rentAED 53K /yr26 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Standpoint Towers 1

What is 1201 worth today?

Last sold for AED 1,580,888 in 2013

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26 Oct 2020RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
29 Aug 2017RentedRenewal
AED 105,000/yr12 months · AED 123 per sqft
29 Aug 2016RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft
20 Oct 2014RentedNew contract
AED 85,500/yr12 months · AED 101 per sqft
20 Oct 2013RentedNew contract
AED 85,500/yr12 months · AED 101 per sqft
26 Sep 2013Sold by developerReady
AED 1,580,888AED 1,867 per sqft

Source: Dubai Land Department. Updated 26 October 2020.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
12th of 27
Parking
B2-126
Developer
Emaar
Completed
2012
Service charge
AED 18,900 /yr
Last sold
AED 1.58M · September 2013

About 1201, Standpoint Towers 1

1201 is a one-bedroom apartment of 847 sqft on the 12th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 26 September 2013 for AED 1,580,888, or AED 1,867 per sqft, in line with the AED 1,902 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 26 October 2020, is AED 53,000 a year: a gross yield of 3.4% on the 2013 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, September 2013: AED 1,580,888 (AED 1,867 per sqft)

1201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, each contractTypical one-bed in Standpoint Towers 1
50K100K2013201720212025Typical 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, October 2013: AED 85,500 a yearNew contract, October 2014: AED 85,500 a yearNew contract, August 2016: AED 105,000 a yearRenewal, August 2017: AED 105,000 a yearNew contract, October 2020: AED 53,000 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 1201 sits

All 214 1-beds →

1201 last sold in September 2013 at AED 1,867 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,902). 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. 1201's AED 53,000 is at the bottom 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 12th floor

All 344 units in Standpoint Towers 1
Value
12021-bedAED 1.93M · Apr 2015
12031-bedAED 1.5M · Jun 2023
12042-bedAED 2M · Oct 2013
12051-bedAED 2.14M · Jul 2015
12061-bedAED 1.78M · Dec 2014
12071-bedAED 1.68M · Apr 2013
12081-bedAED 1.36M · Dec 2013
1–7 of 12

1201, Standpoint Towers 1 in numbers

  • Sold once: by Emaar on 26 September 2013 for AED 1,580,888, or AED 1,867 per sqft.
  • Rented since October 2013 on 5 Ejari contracts, from AED 85,500 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2013 price is 3.4%, before a service charge of about AED 18,900 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 26 October 2020.

Questions about 1201, Standpoint Towers 1

What did unit 1201 last sell for?

AED 1,580,888 on 26 September 2013, sold by the developer: AED 1,867 per sqft for 847 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 53,000 a year on the contract signed on 26 October 2020. The previous contract, from August 2017, was AED 105,000; the unit has been rented since October 2013.

How big is unit 1201?

847 sqft (78.7 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2012.

What is unit 1201 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 1201, Standpoint Towers 1

Starts from the last sale price (AED 1.58M, 26 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,888
Deposit, UAE resident (20%)
AED 316,178
Deposit, non-resident (40%)
AED 632,355
Monthly over 25 years at 3.7%
AED 6,468

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