1511, Standpoint Towers 1
Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1511, Standpoint Towers 1
What is 1511 worth today?
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Source: Dubai Land Department. Updated 23 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 827 sqft
- Floor
- 15th of 27
- Parking
- B3-144
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 18,400 /yr
- Last sold
- AED 1.9M · October 2024
- Building
- Standpoint Towers 1
About 1511, Standpoint Towers 1
1511 is a one-bedroom apartment of 827 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 23 October 2024 for AED 1,900,000, or AED 2,296 per sqft, 8% above the AED 2,125 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 4 May 2024, is AED 150,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 18,400 a year.
Sales and rents for 1511 over time
1511 has sold 3 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 1511 sits
All 214 1-beds →1511 last sold in October 2024 at AED 2,296 per sqft, 8% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 2,125). 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. 1511's AED 150,000 is in the upper 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 | |
| 1506 | 1-bed | 714 sqft | AED 1.7MAED 1,700,000 · Jul 2015July 2015 | 112,000 /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 | |
| 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 |
1511, Standpoint Towers 1 in numbers
- Sold 3 times: first on 3 October 2013 for AED 1,738,888, last on 23 October 2024 for AED 1,900,000 (AED 2,296 per sqft).
- Rented since February 2022 on 2 Ejari contracts, from AED 90,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 18,400 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 23 October 2024.
Questions about 1511, Standpoint Towers 1
What did unit 1511 last sell for?
AED 1,900,000 on 23 October 2024: AED 2,296 per sqft for 827 sqft. The unit has 3 registered sales; the first was AED 1,738,888 in October 2013.
What is the rent for unit 1511?
AED 150,000 a year on the contract signed on 4 May 2024. The previous contract, from February 2022, was AED 90,000.
How big is unit 1511?
827 sqft (76.8 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2012.
What is unit 1511 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 1511, Standpoint Towers 1
Starts from the last sale price (AED 1.9M, 23 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →