1-bed · 829 sqftStandpoint Towers 1, Downtown Dubai · 17th floor · completed 2012

1702, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 1.85M27 September 2024
Current rentAED 90K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Standpoint Towers 1

What is 1702 worth today?

Last sold for AED 1,850,000 in 2024

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27 Sep 2024SoldReady
AED 1,850,000AED 2,230 per sqft
10 Aug 2023RentedRenewal
AED 90,000/yr12 months · AED 109 per sqft
10 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
14 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
14 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
5 Jun 2020RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
5 Jun 2019RentedNew contract
AED 73,000/yr12 months · AED 88 per sqft
15 May 2018RentedNew contract
AED 78,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
17th of 27
Parking
B3-70
Developer
Emaar
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.85M · September 2024

About 1702, Standpoint Towers 1

1702 is a one-bedroom apartment of 829 sqft on the 17th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 27 September 2024 for AED 1,850,000, or AED 2,230 per sqft, 5% above the AED 2,125 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 10 August 2023, is AED 90,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 18,500 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 1,569,888 (AED 1,892 per sqft)Sold, March 2014: AED 1,800,000 (AED 2,170 per sqft)Sold, September 2024: AED 1,850,000 (AED 2,230 per sqft)

1702 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1702, each contractTypical one-bed in Standpoint Towers 1
75K100K2013201720212025Typical 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, September 2013: AED 86,000 a yearNew contract, October 2015: AED 110,000 a yearNew contract, May 2016: AED 105,000 a yearNew contract, May 2018: AED 78,000 a yearNew contract, June 2019: AED 73,000 a yearNew contract, June 2020: AED 70,000 a yearNew contract, January 2021: AED 65,000 a yearNew contract, January 2022: AED 65,000 a yearNew contract, August 2022: AED 90,000 a yearRenewal, August 2023: AED 90,000 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 1702 sits

All 214 1-beds →

1702 last sold in September 2024 at AED 2,230 per sqft, 5% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 2,125). 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. 1702's AED 90,000 is in the lower 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 17th floor

All 344 units in Standpoint Towers 1
Value
17011-bedAED 1.57M · Feb 2014
17031-bedAED 1.85M · Jun 2026
17042-bedAED 2.2M · Aug 2023
17051-bedAED 1.76M · Sep 2013
17061-bedAED 1.75M · Feb 2014
17071-bedAED 1.45M · Jul 2022
17081-bedAED 1.16M · Jan 2019
1–7 of 12

1702, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 30 September 2013 for AED 1,569,888, last on 27 September 2024 for AED 1,850,000 (AED 2,230 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 86,000 to AED 65,000 in 2022 and recovered to AED 90,000 by August 2023.
  • At AED 90,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 18,500 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 27 September 2024.

Questions about 1702, Standpoint Towers 1

What did unit 1702 last sell for?

AED 1,850,000 on 27 September 2024: AED 2,230 per sqft for 829 sqft. The unit has 3 registered sales; the first was AED 1,569,888 in September 2013.

What is the rent for unit 1702?

AED 90,000 a year on the contract renewed on 10 August 2023. The previous contract, from August 2022, was AED 90,000; the unit has been rented since September 2013.

How big is unit 1702?

829 sqft (77.0 sqm): a one-bedroom apartment on the 17th floor of a 27-storey tower completed in 2012.

What is unit 1702 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 1702, Standpoint Towers 1

Starts from the last sale price (AED 1.85M, 27 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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