1-bed · 887 sqftStandpoint Towers 1, Downtown Dubai · 17th floor · completed 2012

1707, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 13 July 2022
Last soldAED 1.45M13 July 2022
Current rentAED 75K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Standpoint Towers 1

What is 1707 worth today?

Last sold for AED 1,450,000 in 2022

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13 Jul 2022SoldReady
AED 1,450,000AED 1,634 per sqft
15 Jul 2020RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
15 Jul 2019RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
15 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
1 Jun 2017RentedNew contract
AED 110,000/yr12 months · AED 125 per sqft
11 May 2016RentedNew contract
AED 118,000/yr12 months · AED 134 per sqft
15 Feb 2015SoldReady
AED 1,480,888AED 1,668 per sqft
25 Jan 2015RentedNew contract
AED 125,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 13 July 2022.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
17th of 27
Parking
B2-108
Developer
Emaar
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 1.45M · July 2022

About 1707, Standpoint Towers 1

1707 is a one-bedroom apartment of 887 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 13 July 2022 for AED 1,450,000, or AED 1,634 per sqft, 16% above the AED 1,408 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 July 2020, is AED 75,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, 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, July 2013: AED 1,480,888 (AED 1,668 per sqft)Sold, February 2015: AED 1,480,888 (AED 1,668 per sqft)Sold, July 2022: AED 1,450,000 (AED 1,634 per sqft)

1707 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1707, each contractTypical one-bed in Standpoint Towers 1
100K2013201720212025Typical 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, August 2013: AED 105,000 a yearNew contract, January 2015: AED 125,000 a yearNew contract, May 2016: AED 118,000 a yearNew contract, June 2017: AED 110,000 a yearNew contract, July 2018: AED 90,000 a yearRenewal, July 2019: AED 85,000 a yearRenewal, July 2020: AED 75,000 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 1707 sits

All 214 1-beds →

1707 last sold in July 2022 at AED 1,634 per sqft, 16% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,408). 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. 1707's AED 75,000 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
17021-bedAED 1.85M · Sep 2024
17031-bedAED 1.85M · Jun 2026
17042-bedAED 2.2M · Aug 2023
17051-bedAED 1.76M · Sep 2013
17061-bedAED 1.75M · Feb 2014
17081-bedAED 1.16M · Jan 2019
1–7 of 12

1707, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 4 July 2013 for AED 1,480,888, last on 13 July 2022 for AED 1,450,000 (AED 1,634 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 105,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.2%, 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 13 July 2022.

Questions about 1707, Standpoint Towers 1

What did unit 1707 last sell for?

AED 1,450,000 on 13 July 2022: AED 1,634 per sqft for 887 sqft. The unit has 3 registered sales; the first was AED 1,480,888 in July 2013.

What is the rent for unit 1707?

AED 75,000 a year on the contract renewed on 15 July 2020. The previous contract, from July 2019, was AED 85,000; the unit has been rented since August 2013.

How big is unit 1707?

887 sqft (82.4 sqm): a one-bedroom apartment on the 17th floor of a 27-storey tower completed in 2012.

What is unit 1707 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 1707, Standpoint Towers 1

Starts from the last sale price (AED 1.45M, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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