1607, Standpoint Towers 1
Sold prices and rental history: sold 6 times, last in August 2024, and rented once, from December 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Standpoint Towers 1
What is 1607 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 887 sqft
- Floor
- 16th of 27
- Parking
- B2-98
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 19,800 /yr
- Last sold
- AED 2.4M · August 2024
- Building
- Standpoint Towers 1
About 1607, Standpoint Towers 1
1607 is a one-bedroom apartment of 887 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 26 August 2024 for AED 2,400,000, or AED 2,704 per sqft, 30% above the AED 2,085 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 December 2013. The current contract, signed on 2 December 2013, is AED 115,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 19,800 a year.
Sales and rents for 1607 over time
1607 has sold 6 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 1607 sits
All 214 1-beds →1607 last sold in August 2024 at AED 2,704 per sqft, 30% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 2,085). 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. 1607's AED 115,000 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 | |
| 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 | |
| 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 |
1607, Standpoint Towers 1 in numbers
- Sold 6 times: first on 2 April 2013 for AED 1,584,888, last on 26 August 2024 for AED 2,400,000 (AED 2,704 per sqft).
- Rented since December 2013 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 19,800 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 26 August 2024.
Questions about 1607, Standpoint Towers 1
What did unit 1607 last sell for?
AED 2,400,000 on 26 August 2024: AED 2,704 per sqft for 887 sqft. The unit has 6 registered sales; the first was AED 1,584,888 in April 2013.
What is the rent for unit 1607?
AED 115,000 a year on the contract signed on 2 December 2013.
How big is unit 1607?
887 sqft (82.4 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.
What is unit 1607 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 1607, Standpoint Towers 1
Starts from the last sale price (AED 2.4M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →