1-bed · 708 sqftStandpoint Towers 1, Downtown Dubai · 16th floor · completed 2012

1605, Standpoint Towers 1

Sold prices and rental history: sold twice, last in January 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 18 January 2022
Last soldAED 1.02M18 January 2022
Current rentAED 55K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Standpoint Towers 1

What is 1605 worth today?

Last sold for AED 1,020,000 in 2022

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18 Jan 2022SoldReady
AED 1,020,000AED 1,440 per sqft
1 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 77 per sqft
16 Jan 2015RentedNew contract
AED 95,000/yr12 months · AED 134 per sqft
17 Jan 2014RentedNew contract
AED 95,000/yr12 months · AED 134 per sqft
11 Sep 2013Sold by developerReady
AED 1,377,888AED 1,946 per sqft

Source: Dubai Land Department. Updated 18 January 2022.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
16th of 27
Parking
P2-4
Developer
Emaar
Completed
2012
Service charge
AED 15,800 /yr
Last sold
AED 1.02M · January 2022

About 1605, Standpoint Towers 1

1605 is a one-bedroom apartment of 708 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 18 January 2022 for AED 1,020,000, or AED 1,440 per sqft, 8% above the AED 1,329 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 October 2020, is AED 55,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 15,800 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical one-bed in Standpoint Towers 1
1M2M2009201420192024Typical sale price by year: 2009 AED 2,355,888; 2010 AED 1,823,166; 2012 AED 1,460,388; 2013 AED 1,568,888; 2014 AED 1,745,444; 2015 AED 1,700,000; 2016 AED 1,687,500; 2017 AED 1,535,000; 2018 AED 1,300,000; 2019 AED 1,150,000; 2020 AED 925,000; 2021 AED 1,000,000; 2022 AED 1,250,000; 2023 AED 1,504,913; 2024 AED 1,750,000; 2025 AED 1,912,500; 2026 AED 2,000,000Sold by developer, September 2013: AED 1,377,888 (AED 1,946 per sqft)Sold, January 2022: AED 1,020,000 (AED 1,440 per sqft)

1605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in Standpoint Towers 1
50K75K100K2013201720212025Typical rent by year: 2013 AED 92,000; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 87,500; 2019 AED 76,500; 2020 AED 68,750; 2021 AED 66,000; 2022 AED 78,750; 2023 AED 90,527; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 105,000New contract, January 2014: AED 95,000 a yearNew contract, January 2015: AED 95,000 a yearNew contract, October 2020: AED 55,000 a year

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 1605 sits

All 214 1-beds →

1605 last sold in January 2022 at AED 1,440 per sqft, 8% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,329). 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. 1605's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 20262,000,000
1 Oct 20261,800,000
5 Aug 20262,010,000
5 Aug 202651,152
12 1-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
16042-bedAED 1.9M · Jan 2018
16061-bedAED 1.22M · Aug 2022
16071-bedAED 2.4M · Aug 2024
16081-bedAED 1.8M · Oct 2026
1–7 of 12

1605, Standpoint Towers 1 in numbers

  • Sold twice: first on 11 September 2013 for AED 1,377,888, last on 18 January 2022 for AED 1,020,000 (AED 1,440 per sqft).
  • Rented since January 2014 on 3 Ejari contracts, from AED 95,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 15,800 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 18 January 2022.

Questions about 1605, Standpoint Towers 1

What did unit 1605 last sell for?

AED 1,020,000 on 18 January 2022: AED 1,440 per sqft for 708 sqft. The unit has 2 registered sales; the first was AED 1,377,888 in September 2013.

What is the rent for unit 1605?

AED 55,000 a year on the contract signed on 1 October 2020. The previous contract, from January 2015, was AED 95,000; the unit has been rented since January 2014.

How big is unit 1605?

708 sqft (65.8 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.

What is unit 1605 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 1605, Standpoint Towers 1

Starts from the last sale price (AED 1.02M, 18 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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