1609, Standpoint Towers 1
Sold prices and rental history: sold 5 times, last in February 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Standpoint Towers 1
What is 1609 worth today?
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Source: Dubai Land Department. Updated 21 February 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,355 sqft
- Floor
- 16th of 27
- Parking
- B1-57
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 30,200 /yr
- Last sold
- AED 3.55M · February 2016
- Building
- Standpoint Towers 1
About 1609, Standpoint Towers 1
1609 is a two-bedroom apartment of 1,355 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 21 February 2016 for AED 3,550,000, or AED 2,620 per sqft, in line with the AED 2,583 two-beds in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 15 April 2015, is AED 200,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 30,200 a year.
Sales and rents for 1609 over time
1609 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 1609 sits
All 100 2-beds →1609 last sold in February 2016 at AED 2,620 per sqft, in line with what two-beds in Standpoint Towers 1 were fetching at the time (AED 2,583). 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. 1609's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,209 sqft | 2,850,000 | 2,357 | ||
| 5 Oct 20265 October 2026 | 1,171 sqft | 2,350,000 | 2,006 | ||
| 19 Aug 202619 August 2026 | 1,171 sqft | 2,550,000 | 2,176 | ||
| 3 Jul 20263 July 2026 | 1,171 sqft | 2,600,000 | 2,219 |
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 | |
| 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 | |
| 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 |
1609, Standpoint Towers 1 in numbers
- Sold 5 times: first on 19 June 2013 for AED 2,688,888, last on 21 February 2016 for AED 3,550,000 (AED 2,620 per sqft).
- Rented since April 2014 on 2 Ejari contracts, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 30,200 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 21 February 2016.
Questions about 1609, Standpoint Towers 1
What did unit 1609 last sell for?
AED 3,550,000 on 21 February 2016: AED 2,620 per sqft for 1,355 sqft. The unit has 5 registered sales; the first was AED 2,688,888 in June 2013.
What is the rent for unit 1609?
AED 200,000 a year on the contract renewed on 15 April 2015. The previous contract, from April 2014, was AED 200,000.
How big is unit 1609?
1,355 sqft (125.9 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.
What is unit 1609 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.
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Mortgage on 1609, Standpoint Towers 1
Starts from the last sale price (AED 3.55M, 21 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,550,000
- Deposit, UAE resident (20%)
- AED 710,000
- Deposit, non-resident (40%)
- AED 1,420,000
- Monthly over 25 years at 3.7%
- AED 14,524
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →