1602, Standpoint Towers 1
Sold prices and rental history: sold 3 times, last in February 2025, 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 1602, Standpoint Towers 1
What is 1602 worth today?
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Source: Dubai Land Department. Updated 28 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 829 sqft
- Floor
- 16th of 27
- Parking
- B3-69
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 18,500 /yr
- Last sold
- AED 1.93M · February 2025
- Building
- Standpoint Towers 1
About 1602, Standpoint Towers 1
1602 is a one-bedroom apartment of 829 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 28 February 2025 for AED 1,925,000, or AED 2,321 per sqft, 8% above the AED 2,158 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 September 2023, is AED 95,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 18,500 a year.
Sales and rents for 1602 over time
1602 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 1602 sits
All 214 1-beds →1602 last sold in February 2025 at AED 2,321 per sqft, 8% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 2,158). 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. 1602's AED 95,000 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 16th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 847 sqft | AED 1.33MAED 1,325,000 · Dec 2022December 2022 | 71,500 /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 |
1602, Standpoint Towers 1 in numbers
- Sold 3 times: first on 16 March 2010 for AED 1,495,444, last on 28 February 2025 for AED 1,925,000 (AED 2,321 per sqft).
- Rented since November 2014 on 4 Ejari contracts. The rent fell from AED 99,448 to AED 68,000 in 2021 and recovered to AED 95,000 by September 2023.
- At AED 95,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 18,500 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 28 February 2025.
Questions about 1602, Standpoint Towers 1
What did unit 1602 last sell for?
AED 1,925,000 on 28 February 2025: AED 2,321 per sqft for 829 sqft. The unit has 3 registered sales; the first was AED 1,495,444 in March 2010.
What is the rent for unit 1602?
AED 95,000 a year on the contract signed on 1 September 2023. The previous contract, from November 2021, was AED 68,000; the unit has been rented since November 2014.
How big is unit 1602?
829 sqft (77.0 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.
What is unit 1602 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 1602, Standpoint Towers 1
Starts from the last sale price (AED 1.93M, 28 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,925,000
- Deposit, UAE resident (20%)
- AED 385,000
- Deposit, non-resident (40%)
- AED 770,000
- Monthly over 25 years at 3.7%
- AED 7,876
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →