1-bed · 841 sqftStandpoint Towers 1, Downtown Dubai · 13th floor · completed 2012

1312, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in October 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1312 · DLD and Ejari recordsUpdated 15 February 2021
Last soldAED 1.2M8 October 2018
Current rentAED 75K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1312, Standpoint Towers 1

What is 1312 worth today?

Last sold for AED 1,200,000 in 2018

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15 Feb 2021RentedRenewal
AED 75,000/yr12 months · AED 89 per sqft
15 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
8 Oct 2018SoldReady
AED 1,200,000AED 1,426 per sqft
1 Feb 2018RentedNew contract
AED 87,500/yr12 months · AED 104 per sqft
10 Dec 2016RentedRenewal
AED 112,000/yr12 months · AED 133 per sqft
10 Dec 2015RentedRenewal
AED 130,000/yr12 months · AED 155 per sqft
10 Dec 2014RentedNew contract
AED 130,000/yr12 months · AED 155 per sqft
3 Oct 2013SoldReady
AED 2,108,916AED 2,507 per sqft

Source: Dubai Land Department. Updated 15 February 2021.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
13th of 27
Parking
B2-9
Developer
Emaar
Completed
2012
Service charge
AED 18,700 /yr
Last sold
AED 1.2M · October 2018

About 1312, Standpoint Towers 1

1312 is a one-bedroom apartment of 841 sqft on the 13th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 8 October 2018 for AED 1,200,000, or AED 1,426 per sqft, 16% below the AED 1,690 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 February 2021, is AED 75,000 a year: a gross yield of 6.3% on the 2018 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1312 over time

Sales
Unit 1312, 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, March 2010: AED 2,108,916 (AED 2,507 per sqft)Sold, October 2013: AED 2,108,916 (AED 2,507 per sqft)Sold, October 2018: AED 1,200,000 (AED 1,426 per sqft)

1312 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1312, each contractTypical one-bed in Standpoint Towers 1
100K2013201720212025Typical 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, December 2014: AED 130,000 a yearRenewal, December 2015: AED 130,000 a yearRenewal, December 2016: AED 112,000 a yearNew contract, February 2018: AED 87,500 a yearNew contract, February 2020: AED 75,000 a yearRenewal, February 2021: AED 75,000 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 1312 sits

All 214 1-beds →

1312 last sold in October 2018 at AED 1,426 per sqft, 16% below what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,690). 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. 1312's AED 75,000 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 13th floor

All 344 units in Standpoint Towers 1
Value
13011-bedAED 1.7M · Jun 2017
13021-bedAED 925K · Jul 2020
13031-bedAED 1.5M · Nov 2013
13042-bedAED 1.5M · Nov 2020
13051-bedAED 1.64M · Oct 2013
13061-bedAED 1.7M · Sep 2015
13071-bedAED 2.23M · Mar 2026
1–7 of 12

1312, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,108,916, last on 8 October 2018 for AED 1,200,000 (AED 1,426 per sqft).
  • Rented since December 2014 on 6 Ejari contracts, from AED 130,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2018 price is 6.3%, 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 15 February 2021.

Questions about 1312, Standpoint Towers 1

What did unit 1312 last sell for?

AED 1,200,000 on 8 October 2018: AED 1,426 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 2,108,916 in March 2010.

What is the rent for unit 1312?

AED 75,000 a year on the contract renewed on 15 February 2021. The previous contract, from February 2020, was AED 75,000; the unit has been rented since December 2014.

How big is unit 1312?

841 sqft (78.1 sqm): a one-bedroom apartment on the 13th floor of a 27-storey tower completed in 2012.

What is unit 1312 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 1312, Standpoint Towers 1

Starts from the last sale price (AED 1.2M, 8 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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