2-bed · 1,209 sqftStandpoint Towers 1, Downtown Dubai · 16th floor · completed 2012

1610, Standpoint Towers 1

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

Unit 1610 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 3.92M7 April 2014
Current rentAED 140K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Standpoint Towers 1

What is 1610 worth today?

Last sold for AED 3,920,000 in 2014

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1 Aug 2023RentedNew contract
AED 140,000/yr12 months · AED 116 per sqft
14 Nov 2021RentedNew contract
AED 95,000/yr12 months · AED 79 per sqft
1 Jul 2019RentedNew contract
AED 95,000/yr12 months · AED 79 per sqft
26 Nov 2017RentedNew contract
AED 125,000/yr12 months · AED 104 per sqft
24 May 2016RentedNew contract
AED 165,000/yr12 months · AED 137 per sqft
27 Apr 2014RentedNew contract
AED 190,000/yr12 months · AED 158 per sqft
7 Apr 2014SoldReady
AED 3,920,000AED 3,242 per sqft
11 Mar 2014Sold by developerReady
AED 3,162,888AED 2,616 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
2-bed apartment
Size
1,209 sqft
Floor
16th of 27
Parking
B1-5
Developer
Emaar
Completed
2012
Service charge
AED 26,900 /yr
Last sold
AED 3.92M · April 2014

About 1610, Standpoint Towers 1

1610 is a two-bedroom apartment of 1,209 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 7 April 2014 for AED 3,920,000, or AED 3,242 per sqft, 61% above the AED 2,014 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 August 2023, is AED 140,000 a year: a gross yield of 3.6% on the 2014 price, before the service charge of about AED 26,900 a year.

Sales and rents for 1610 over time

Sales
Unit 1610, each saleTypical two-bed in Standpoint Towers 1
2M3M4M2009201420192024Typical 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 2014: AED 3,162,888 (AED 2,616 per sqft)Sold, April 2014: AED 3,920,000 (AED 3,242 per sqft)

1610 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1610, each contractTypical two-bed in Standpoint Towers 1
100K150K200K2013201720212025Typical 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, April 2014: AED 190,000 a yearNew contract, May 2016: AED 165,000 a yearNew contract, November 2017: AED 125,000 a yearNew contract, July 2019: AED 95,000 a yearNew contract, November 2021: AED 95,000 a yearNew contract, August 2023: AED 140,000 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 1610 sits

All 100 2-beds →

1610 last sold in April 2014 at AED 3,242 per sqft, 61% above what two-beds in Standpoint Towers 1 were fetching at the time (AED 2,014). 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. 1610's AED 140,000 is in the lower half 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
16042-bedAED 1.9M · Jan 2018
16051-bedAED 1.02M · Jan 2022
16061-bedAED 1.22M · Aug 2022
16071-bedAED 2.4M · Aug 2024
1–7 of 12

1610, Standpoint Towers 1 in numbers

  • Sold twice: first on 11 March 2014 for AED 3,162,888, last on 7 April 2014 for AED 3,920,000 (AED 3,242 per sqft).
  • Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 190,000 to AED 95,000 in 2021 and recovered to AED 140,000 by August 2023.
  • At AED 140,000 a year the gross yield on the 2014 price is 3.6%, before a service charge of about AED 26,900 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 1 August 2023.

Questions about 1610, Standpoint Towers 1

What did unit 1610 last sell for?

AED 3,920,000 on 7 April 2014: AED 3,242 per sqft for 1,209 sqft. The unit has 2 registered sales; the first was AED 3,162,888 in March 2014.

What is the rent for unit 1610?

AED 140,000 a year on the contract signed on 1 August 2023. The previous contract, from November 2021, was AED 95,000; the unit has been rented since April 2014.

How big is unit 1610?

1,209 sqft (112.3 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.

What is unit 1610 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 1610, Standpoint Towers 1

Starts from the last sale price (AED 3.92M, 7 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,920,000
Deposit, UAE resident (20%)
AED 784,000
Deposit, non-resident (40%)
AED 1,568,000
Monthly over 25 years at 3.7%
AED 16,038

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