1-bed · 708 sqftStandpoint Towers 1, Downtown Dubai · 15th floor · completed 2012

1505, Standpoint Towers 1

Sold prices and rental history: sold twice, last 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 1505 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.38M3 September 2013
Current rentAED 80K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Standpoint Towers 1

What is 1505 worth today?

Last sold for AED 1,375,888 in 2013

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1 Feb 2025RentedRenewal
AED 79,615/yr8 months · AED 112 per sqft
1 Feb 2024RentedRenewal
AED 105,000/yr12 months · AED 148 per sqft
1 Feb 2023RentedRenewal
AED 96,000/yr12 months · AED 135 per sqft
1 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 127 per sqft
5 Nov 2016RentedNew contract
AED 105,000/yr12 months · AED 148 per sqft
3 Nov 2013RentedNew contract
AED 90,000/yr12 months · AED 127 per sqft
3 Sep 2013SoldReady
AED 1,375,888AED 1,943 per sqft
8 May 2013Sold by developerOff-plan
AED 1,375,888AED 1,943 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
15th of 27
Parking
B1-50
Developer
Emaar
Completed
2012
Service charge
AED 15,800 /yr
Last sold
AED 1.38M · September 2013

About 1505, Standpoint Towers 1

1505 is a one-bedroom apartment of 708 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 3 September 2013 for AED 1,375,888, or AED 1,943 per sqft, in line with the AED 1,891 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 79,615 a year: a gross yield of 5.8% on the 2013 price, before the service charge of about AED 15,800 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, May 2013: AED 1,375,888 (AED 1,943 per sqft)Sold, September 2013: AED 1,375,888 (AED 1,943 per sqft)

1505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, 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 105,000New contract, November 2013: AED 90,000 a yearNew contract, November 2016: AED 105,000 a yearNew contract, February 2022: AED 90,000 a yearRenewal, February 2023: AED 96,000 a yearRenewal, February 2024: AED 105,000 a yearRenewal, February 2025: AED 79,615 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 1505 sits

All 214 1-beds →

1505 last sold in September 2013 at AED 1,943 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,891). 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. 1505's AED 79,615 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 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
15042-bedAED 2.6M · Sep 2013
15061-bedAED 1.7M · Jul 2015
15071-bedAED 1.6M · May 2023
15081-bedAED 1.54M · Sep 2013
1–7 of 12

1505, Standpoint Towers 1 in numbers

  • Sold twice: first on 8 May 2013 for AED 1,375,888, last on 3 September 2013 for AED 1,375,888 (AED 1,943 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 90,000 to AED 79,615 a year.
  • At AED 79,615 a year the gross yield on the 2013 price is 5.8%, before a service charge of about AED 15,800 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 February 2025.

Questions about 1505, Standpoint Towers 1

What did unit 1505 last sell for?

AED 1,375,888 on 3 September 2013: AED 1,943 per sqft for 708 sqft. The unit has 2 registered sales; the first was AED 1,375,888 in May 2013.

What is the rent for unit 1505?

AED 79,615 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 105,000; the unit has been rented since November 2013.

How big is unit 1505?

708 sqft (65.8 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2012.

What is unit 1505 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 1505, Standpoint Towers 1

Starts from the last sale price (AED 1.38M, 3 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,888
Deposit, UAE resident (20%)
AED 275,178
Deposit, non-resident (40%)
AED 550,355
Monthly over 25 years at 3.7%
AED 5,629

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