1-bed · 841 sqftStandpoint Towers 1, Downtown Dubai · 16th floor · completed 2012

1612, Standpoint Towers 1

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 11 September 2026
Last soldAED 1.58M7 March 2024
Current rentAED 120K /yr11 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Standpoint Towers 1

What is 1612 worth today?

Last sold for AED 1,575,000 in 2024

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11 Sep 2026RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
7 Mar 2024SoldReady
AED 1,575,000AED 1,872 per sqft
1 Dec 2022RentedRenewal
AED 73,500/yr12 months · AED 88 per sqft
1 Dec 2021RentedNew contract
AED 70,000/yr12 months · AED 83 per sqft
25 Dec 2020RentedNew contract
AED 57,000/yr12 months · AED 68 per sqft
23 May 2018RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
16 Jan 2017RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
15 Jan 2016RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 11 September 2026.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
16th of 27
Parking
B2-12
Developer
Emaar
Completed
2012
Service charge
AED 18,700 /yr
Last sold
AED 1.58M · March 2024

About 1612, Standpoint Towers 1

1612 is a one-bedroom apartment of 841 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 March 2024 for AED 1,575,000, or AED 1,872 per sqft, in line with the AED 1,870 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 11 September 2026, is AED 120,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, 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, March 2010: AED 2,246,166 (AED 2,670 per sqft)Sold, July 2013: AED 1,600,000 (AED 1,902 per sqft)Sold, June 2015: AED 1,900,000 (AED 2,259 per sqft)Sold, March 2024: AED 1,575,000 (AED 1,872 per sqft)

1612 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1612, each contractTypical one-bed in Standpoint Towers 1
50K100K2013201720212025Typical 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 2016: AED 100,000 a yearNew contract, January 2017: AED 110,000 a yearNew contract, May 2018: AED 90,000 a yearNew contract, December 2020: AED 57,000 a yearNew contract, December 2021: AED 70,000 a yearRenewal, December 2022: AED 73,500 a yearNew contract, September 2026: AED 120,000 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 1612 sits

All 214 1-beds →

1612 last sold in March 2024 at AED 1,872 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,870). 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. 1612's AED 120,000 is in the upper half 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
16051-bedAED 1.02M · Jan 2022
16061-bedAED 1.22M · Aug 2022
16071-bedAED 2.4M · Aug 2024
1–7 of 12

1612, Standpoint Towers 1 in numbers

  • Sold 4 times: first on 2 March 2010 for AED 2,246,166, last on 7 March 2024 for AED 1,575,000 (AED 1,872 per sqft).
  • Rented since January 2016 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 57,000 in 2020 and recovered to AED 120,000 by September 2026.
  • At AED 120,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 18,700 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 11 September 2026.

Questions about 1612, Standpoint Towers 1

What did unit 1612 last sell for?

AED 1,575,000 on 7 March 2024: AED 1,872 per sqft for 841 sqft. The unit has 4 registered sales; the first was AED 2,246,166 in March 2010.

What is the rent for unit 1612?

AED 120,000 a year on the contract signed on 11 September 2026. The previous contract, from December 2022, was AED 73,500; the unit has been rented since January 2016.

How big is unit 1612?

841 sqft (78.1 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2012.

What is unit 1612 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 1612, Standpoint Towers 1

Starts from the last sale price (AED 1.58M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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