2-bed · 1,199 sqftStandpoint Towers 1, Downtown Dubai · 16th floor · completed 2012

1604, Standpoint Towers 1

Sold prices and rental history: sold 4 times, last in January 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 24 May 2025
Last soldAED 1.9M28 January 2018
Current rentAED 750K /yr24 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Standpoint Towers 1

What is 1604 worth today?

Last sold for AED 1,900,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 May 2025RentedRenewal · flagged as an outlier
AED 750,000/yr12 months · AED 628 per sqft
24 May 2025RentedRenewal
AED 130,000/yr12 months · AED 109 per sqft
24 May 2025RentedRenewal · flagged as an outlier
AED 750,000/yr12 months · AED 628 per sqft
24 May 2024RentedRenewal
AED 115,000/yr12 months · AED 96 per sqft
24 May 2023RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
24 May 2022RentedRenewal
AED 90,000/yr12 months · AED 75 per sqft
24 May 2021RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
10 May 2020RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 24 May 2025.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
16th of 27
Parking
B1-113
Developer
Emaar
Completed
2012
Service charge
AED 26,700 /yr
Last sold
AED 1.9M · January 2018

About 1604, Standpoint Towers 1

1604 is a two-bedroom apartment of 1,199 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 January 2018 for AED 1,900,000, or AED 1,585 per sqft, 20% below the AED 1,984 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 24 May 2025, is AED 750,000 a year: a gross yield of 39.5% on the 2018 price, before the service charge of about AED 26,700 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, March 2010: AED 2,750,166 (AED 2,294 per sqft)Sold, December 2013: AED 2,750,166 (AED 2,294 per sqft)Sold, March 2017: AED 2,200,000 (AED 1,835 per sqft)Sold, January 2018: AED 1,900,000 (AED 1,585 per sqft)

1604 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, 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, January 2014: AED 150,000 a yearRenewal, January 2015: AED 157,500 a yearRenewal, January 2016: AED 157,500 a yearNew contract, May 2019: AED 100,000 a yearRenewal, May 2020: AED 80,000 a yearNew contract, May 2021: AED 80,000 a yearRenewal, May 2022: AED 90,000 a yearNew contract, May 2023: AED 90,000 a yearRenewal, May 2024: AED 115,000 a yearRenewal, May 2025: AED 130,000 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 1604 sits

All 100 2-beds →

1604 last sold in January 2018 at AED 1,585 per sqft, 20% below what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,984). 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. 1604's AED 750,000 is at the top 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 16th floor

All 344 units in Standpoint Towers 1
Value
16011-bedAED 1.33M · Dec 2022
16021-bedAED 1.93M · Feb 2025
16031-bedAED 1.55M · Apr 2026
16051-bedAED 1.02M · Jan 2022
16061-bedAED 1.22M · Aug 2022
16071-bedAED 2.4M · Aug 2024
16081-bedAED 1.8M · Oct 2026
1–7 of 12

1604, Standpoint Towers 1 in numbers

  • Sold 4 times: first on 2 March 2010 for AED 2,750,166, last on 28 January 2018 for AED 1,900,000 (AED 1,585 per sqft).
  • Rented since January 2014 on 12 Ejari contracts. The rent fell from AED 150,000 to AED 80,000 in 2021 and recovered to AED 750,000 by May 2025.
  • At AED 750,000 a year the gross yield on the 2018 price is 39.5%, before a service charge of about AED 26,700 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 24 May 2025.

Questions about 1604, Standpoint Towers 1

What did unit 1604 last sell for?

AED 1,900,000 on 28 January 2018: AED 1,585 per sqft for 1,199 sqft. The unit has 4 registered sales; the first was AED 2,750,166 in March 2010.

What is the rent for unit 1604?

AED 750,000 a year on the contract renewed on 24 May 2025. The previous contract, from May 2025, was AED 130,000; the unit has been rented since January 2014.

How big is unit 1604?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.

What is unit 1604 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.

Selling 1604? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1604, Standpoint Towers 1

Starts from the last sale price (AED 1.9M, 28 January 2018). 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 →