1506, Standpoint Towers 1
Sold prices and rental history: sold 4 times, last in July 2015, 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 1506, Standpoint Towers 1
What is 1506 worth today?
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Source: Dubai Land Department. Updated 7 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 714 sqft
- Floor
- 15th of 27
- Parking
- P2-44
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.7M · July 2015
- Building
- Standpoint Towers 1
About 1506, Standpoint Towers 1
1506 is a one-bedroom apartment of 714 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 5 July 2015 for AED 1,700,000, or AED 2,381 per sqft, 7% above the AED 2,217 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 7 September 2026, is AED 112,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 15,900 a year.
Sales and rents for 1506 over time
1506 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 1506 sits
All 214 1-beds →1506 last sold in July 2015 at AED 2,381 per sqft, 7% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 2,217). 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. 1506's AED 112,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 714 sqft | 2,000,000 | 2,802 | ||
| 1 Oct 20261 October 2026 | 792 sqft | 1,800,000 | 2,271 | ||
| 5 Aug 20265 August 2026 | 829 sqft | 2,010,000 | 2,423 | ||
| 5 Aug 20265 August 2026 | 792 sqft | 51,152 | 64 |
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 15th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 847 sqft | AED 1.8MAED 1,800,000 · Sep 2024September 2024 | 130,000 /yr | |
| 1502 | 1-bed | 829 sqft | AED 1.57MAED 1,567,888 · Dec 2013December 2013 | 70,000 /yr | |
| 1503 | 1-bed | 827 sqft | AED 1.35MAED 1,350,000 · Nov 2022November 2022 | 110,000 /yr | |
| 1504 | 2-bed | 1,199 sqft | AED 2.6MAED 2,600,000 · Sep 2013September 2013 | ||
| 1505 | 1-bed | 708 sqft | AED 1.38MAED 1,375,888 · Sep 2013September 2013 | 79,615 /yr | |
| 1507 | 1-bed | 887 sqft | AED 1.6MAED 1,600,000 · May 2023May 2023 | 100,000 /yr | |
| 1508 | 1-bed | 792 sqft | AED 1.54MAED 1,542,888 · Sep 2013September 2013 | 115,000 /yr | |
| 1509 | 2-bed | 1,355 sqft | AED 2MAED 2,000,000 · Oct 2022October 2022 | 160,000 /yr | |
| 1510 | 2-bed | 1,209 sqft | AED 3.7MAED 3,700,000 · Dec 2013December 2013 | 155,000 /yr | |
| 1511 | 1-bed | 827 sqft | AED 1.9MAED 1,900,000 · Oct 2024October 2024 | 150,000 /yr | |
| 1512 | 1-bed | 841 sqft | AED 1.15MAED 1,152,500 · Aug 2021August 2021 | 125,000 /yr | |
| 1513 | 2-bed | 1,171 sqft | AED 2.25MAED 2,250,000 · Sep 2013September 2013 | 150,000 /yr |
1506, Standpoint Towers 1 in numbers
- Sold 4 times: first on 25 February 2013 for AED 1,237,744, last on 5 July 2015 for AED 1,700,000 (AED 2,381 per sqft).
- Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2021 and recovered to AED 112,000 by September 2026.
- At AED 112,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 15,900 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 7 September 2026.
Questions about 1506, Standpoint Towers 1
What did unit 1506 last sell for?
AED 1,700,000 on 5 July 2015: AED 2,381 per sqft for 714 sqft. The unit has 4 registered sales; the first was AED 1,237,744 in February 2013.
What is the rent for unit 1506?
AED 112,000 a year on the contract renewed on 7 September 2026. The previous contract, from September 2025, was AED 112,000; the unit has been rented since November 2013.
How big is unit 1506?
714 sqft (66.3 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2012.
What is unit 1506 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 1506, Standpoint Towers 1
Starts from the last sale price (AED 1.7M, 5 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →