1601, Standpoint Towers 1
Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Standpoint Towers 1
What is 1601 worth today?
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Source: Dubai Land Department. Updated 15 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 847 sqft
- Floor
- 16th of 27
- Parking
- B2-139
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.33M · December 2022
- Building
- Standpoint Towers 1
About 1601, Standpoint Towers 1
1601 is a one-bedroom apartment of 847 sqft on the 16th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 15 December 2022 for AED 1,325,000, or AED 1,564 per sqft, in line with the AED 1,570 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 20 October 2022, is AED 71,500 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 18,900 a year.
Sales and rents for 1601 over time
1601 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 1601 sits
All 214 1-beds →1601 last sold in December 2022 at AED 1,564 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,570). 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. 1601's AED 71,500 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 16th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 1-bed | 829 sqft | AED 1.93MAED 1,925,000 · Feb 2025February 2025 | 95,000 /yr | |
| 1603 | 1-bed | 827 sqft | AED 1.55MAED 1,550,000 · Apr 2026April 2026 | 100,000 /yr | |
| 1604 | 2-bed | 1,199 sqft | AED 1.9MAED 1,900,000 · Jan 2018January 2018 | 750,000 /yr | |
| 1605 | 1-bed | 708 sqft | AED 1.02MAED 1,020,000 · Jan 2022January 2022 | 55,000 /yr | |
| 1606 | 1-bed | 714 sqft | AED 1.22MAED 1,220,000 · Aug 2022August 2022 | 124,629 /yr | |
| 1607 | 1-bed | 887 sqft | AED 2.4MAED 2,400,000 · Aug 2024August 2024 | 115,000 /yr | |
| 1608 | 1-bed | 792 sqft | AED 1.8MAED 1,800,000 · Oct 2026October 2026 | 75,000 /yr | |
| 1609 | 2-bed | 1,355 sqft | AED 3.55MAED 3,550,000 · Feb 2016February 2016 | 200,000 /yr | |
| 1610 | 2-bed | 1,209 sqft | AED 3.92MAED 3,920,000 · Apr 2014April 2014 | 140,000 /yr | |
| 1611 | 1-bed | 827 sqft | AED 1.45MAED 1,450,000 · Mar 2023March 2023 | 125,000 /yr | |
| 1612 | 1-bed | 841 sqft | AED 1.58MAED 1,575,000 · Mar 2024March 2024 | 120,000 /yr | |
| 1613 | 2-bed | 1,171 sqft | AED 3.35MAED 3,350,000 · Feb 2025February 2025 | 97,200 /yr |
1601, Standpoint Towers 1 in numbers
- Sold 3 times: first on 2 March 2010 for AED 2,267,916, last on 15 December 2022 for AED 1,325,000 (AED 1,564 per sqft).
- Rented since May 2014 on 5 Ejari contracts, from AED 89,250 to AED 71,500 a year.
- At AED 71,500 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 18,900 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 15 December 2022.
Questions about 1601, Standpoint Towers 1
What did unit 1601 last sell for?
AED 1,325,000 on 15 December 2022: AED 1,564 per sqft for 847 sqft. The unit has 3 registered sales; the first was AED 2,267,916 in March 2010.
What is the rent for unit 1601?
AED 71,500 a year on the contract renewed on 20 October 2022. The previous contract, from October 2021, was AED 65,000; the unit has been rented since May 2014.
How big is unit 1601?
847 sqft (78.7 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.
What is unit 1601 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 1601, Standpoint Towers 1
Starts from the last sale price (AED 1.33M, 15 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,325,000
- Deposit, UAE resident (20%)
- AED 265,000
- Deposit, non-resident (40%)
- AED 530,000
- Monthly over 25 years at 3.7%
- AED 5,421
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →