Studio · 446 sqftStandpoint Towers 1, Downtown Dubai · 3rd floor · completed 2012

306, Standpoint Towers 1

Sold prices and rental history: sold twice, last in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 4 June 2018
Last soldAED 1M4 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Standpoint Towers 1

What is 306 worth today?

Last sold for AED 1,004,944 in 2018

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4 Jun 2018SoldReady
AED 1,004,944AED 2,255 per sqft
10 Mar 2010Sold by developerOff-plan
AED 1,004,944AED 2,255 per sqft

Source: Dubai Land Department. Updated 4 June 2018.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
3rd of 27
Parking
P3-35
Developer
Emaar
Completed
2012
Service charge
AED 9,900 /yr
Last sold
AED 1M · June 2018

About 306, Standpoint Towers 1

306 is a studio of 446 sqft on the 3rd floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 4 June 2018 for AED 1,004,944, or AED 2,255 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Standpoint Towers 1
1M1.2M2010201420182022Typical sale price by year: 2010 AED 1,166,541; 2013 AED 970,888; 2014 AED 1,234,944; 2015 AED 1,130,000; 2016 AED 1,150,000; 2023 AED 1,100,000; 2024 AED 1,169,000Sold by developer, March 2010: AED 1,004,944 (AED 2,255 per sqft)Sold, June 2018: AED 1,004,944 (AED 2,255 per sqft)

306 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 306, each contractTypical studio in Standpoint Towers 1
60K80K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 79,250; 2015 AED 82,000; 2016 AED 79,000; 2017 AED 70,000; 2018 AED 64,500; 2019 AED 57,000; 2020 AED 47,000; 2021 AED 50,000; 2022 AED 62,500; 2023 AED 73,000; 2024 AED 77,000; 2025 AED 80,000; 2026 AED 76,650

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Standpoint Towers 1, and where 306 sits

All 24 studios →

Over the last 12 months studios sold for AED 1,100,000 to 1,250,000, around AED 2,536 per sqft, and rent for AED 67,000 to 85,000 a year.

Recent studio salesUnit no.Price (AED)Summary
24 Jun 20261,100,000
4 May 20261,250,000
16 May 20251,200,000
6 Mar 20251,225,000
2 studio 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 3rd floor

All 344 units in Standpoint Towers 1
Value
3011-bedAED 1.13M · Apr 2014
3021-bedAED 2.09M · Aug 2013
3031-bedAED 1.65M · Sep 2014
3042-bedAED 2.69M · Oct 2013
3051-bedAED 1.41M · Jan 2014
307StudioAED 650K · Nov 2019
308StudioAED 1.1M · Jun 2026
1–7 of 15

306, Standpoint Towers 1 in numbers

  • Sold twice: first on 10 March 2010 for AED 1,004,944, last on 4 June 2018 for AED 1,004,944 (AED 2,255 per sqft).
  • Studios in Standpoint Towers 1 sold for AED 1,100,000–1,250,000 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 4 June 2018.

Questions about 306, Standpoint Towers 1

What did unit 306 last sell for?

AED 1,004,944 on 4 June 2018: AED 2,255 per sqft for 446 sqft. The unit has 2 registered sales; the first was AED 1,004,944 in March 2010.

How big is unit 306?

446 sqft (41.4 sqm): a studio on the 3rd floor of a 27-storey tower completed in 2012.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Standpoint Towers 1 sold for AED 1,100,000 to 1,250,000 in the last 12 months, around AED 2,536 per sqft.

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Mortgage on 306, Standpoint Towers 1

Starts from the last sale price (AED 1M, 4 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,004,944
Deposit, UAE resident (20%)
AED 200,989
Deposit, non-resident (40%)
AED 401,978
Monthly over 25 years at 3.7%
AED 4,112

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