2-bed · 1,355 sqftStandpoint Towers 1, Downtown Dubai · 15th floor · completed 2012

1509, Standpoint Towers 1

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 2M10 October 2022
Current rentAED 160K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Standpoint Towers 1

What is 1509 worth today?

Last sold for AED 2,000,000 in 2022

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1 Sep 2026RentedNew contract
AED 160,000/yr12 months · AED 118 per sqft
1 Oct 2025RentedNew contract
AED 180,000/yr24 months · AED 133 per sqft
10 Oct 2022SoldReady
AED 2,000,000AED 1,476 per sqft
10 Jul 2020RentedRenewal
AED 97,000/yr12 months · AED 72 per sqft
8 Dec 2016RentedNew contract
AED 175,000/yr12 months · AED 129 per sqft
15 Dec 2015Sold by developerReady
AED 3,143,888AED 2,320 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,355 sqft
Floor
15th of 27
Parking
B1-56
Developer
Emaar
Completed
2012
Service charge
AED 30,200 /yr
Last sold
AED 2M · October 2022

About 1509, Standpoint Towers 1

1509 is a two-bedroom apartment of 1,355 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 10 October 2022 for AED 2,000,000, or AED 1,476 per sqft, in line with the AED 1,501 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 September 2026, is AED 160,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, 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, December 2015: AED 3,143,888 (AED 2,320 per sqft)Sold, October 2022: AED 2,000,000 (AED 1,476 per sqft)

1509 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1509, 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 145,250New contract, December 2016: AED 175,000 a yearRenewal, July 2020: AED 97,000 a yearNew contract, October 2025: AED 180,000 a yearNew contract, September 2026: AED 160,000 a year

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 1509 sits

All 100 2-beds →

1509 last sold in October 2022 at AED 1,476 per sqft, in line with what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,501). 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. 1509's AED 160,000 is in the lower half of that range.

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
15042-bedAED 2.6M · Sep 2013
15051-bedAED 1.38M · Sep 2013
15061-bedAED 1.7M · Jul 2015
15071-bedAED 1.6M · May 2023
1–7 of 12

1509, Standpoint Towers 1 in numbers

  • Sold twice: first on 15 December 2015 for AED 3,143,888, last on 10 October 2022 for AED 2,000,000 (AED 1,476 per sqft).
  • Rented since December 2016 on 4 Ejari contracts. The rent fell from AED 175,000 to AED 97,000 in 2020 and recovered to AED 160,000 by September 2026.
  • At AED 160,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 30,200 a year (AED 22.27 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 1 September 2026.

Questions about 1509, Standpoint Towers 1

What did unit 1509 last sell for?

AED 2,000,000 on 10 October 2022: AED 1,476 per sqft for 1,355 sqft. The unit has 2 registered sales; the first was AED 3,143,888 in December 2015.

What is the rent for unit 1509?

AED 160,000 a year on the contract signed on 1 September 2026. The previous contract, from October 2025, was AED 180,000; the unit has been rented since December 2016.

How big is unit 1509?

1,355 sqft (125.9 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2012.

What is unit 1509 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 1509, Standpoint Towers 1

Starts from the last sale price (AED 2M, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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