2-bed · 1,199 sqftStandpoint Towers 1, Downtown Dubai · 15th floor · completed 2012

1504, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 24 September 2013
Last soldAED 2.6M24 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Standpoint Towers 1

What is 1504 worth today?

Last sold for AED 2,600,000 in 2013

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24 Sep 2013SoldReady
AED 2,600,000AED 2,169 per sqft
29 Aug 2013SoldOff-plan
AED 2,600,000AED 2,169 per sqft
15 Apr 2013Sold by developerOff-plan
AED 2,012,888AED 1,679 per sqft

Source: Dubai Land Department. Updated 24 September 2013.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
15th of 27
Parking
B1-112
Developer
Emaar
Completed
2012
Service charge
AED 26,700 /yr
Last sold
AED 2.6M · September 2013

About 1504, Standpoint Towers 1

1504 is a two-bedroom apartment of 1,199 sqft on the 15th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 24 September 2013 for AED 2,600,000, or AED 2,169 per sqft, 16% above the AED 1,870 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in Standpoint Towers 1
2M3M2009201420192024Typical sale price by year: 2009 AED 2,897,902; 2010 AED 2,357,166; 2012 AED 2,475,144; 2013 AED 2,442,666; 2014 AED 2,922,500; 2015 AED 3,162,388; 2016 AED 2,700,000; 2017 AED 2,437,500; 2018 AED 2,050,000; 2021 AED 1,800,000; 2022 AED 2,000,000; 2023 AED 2,525,000; 2024 AED 2,387,500; 2025 AED 3,000,000; 2026 AED 2,725,000Sold by developer, April 2013: AED 2,012,888 (AED 1,679 per sqft)Sold, August 2013: AED 2,600,000 (AED 2,169 per sqft)Sold, September 2013: AED 2,600,000 (AED 2,169 per sqft)

1504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in Standpoint Towers 1
100K150K2013201720212025Typical rent by year: 2013 AED 142,500; 2014 AED 167,500; 2015 AED 160,000; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 112,000; 2023 AED 135,000; 2024 AED 149,250; 2025 AED 160,000; 2026 AED 145,250

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 1504 sits

All 100 2-beds →

1504 last sold in September 2013 at AED 2,169 per sqft, 16% above what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,870). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20262,850,000
5 Oct 20262,350,000
19 Aug 20262,550,000
3 Jul 20262,600,000
10 2-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 15th floor

All 344 units in Standpoint Towers 1
Value
15011-bedAED 1.8M · Sep 2024
15021-bedAED 1.57M · Dec 2013
15031-bedAED 1.35M · Nov 2022
15051-bedAED 1.38M · Sep 2013
15061-bedAED 1.7M · Jul 2015
15071-bedAED 1.6M · May 2023
15081-bedAED 1.54M · Sep 2013
1–7 of 12

1504, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 15 April 2013 for AED 2,012,888, last on 24 September 2013 for AED 2,600,000 (AED 2,169 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 24 September 2013.

Questions about 1504, Standpoint Towers 1

What did unit 1504 last sell for?

AED 2,600,000 on 24 September 2013: AED 2,169 per sqft for 1,199 sqft. The unit has 3 registered sales; the first was AED 2,012,888 in April 2013.

How big is unit 1504?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2012.

What is unit 1504 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 1504, Standpoint Towers 1

Starts from the last sale price (AED 2.6M, 24 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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