309, Standpoint Towers 1
Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Standpoint Towers 1
What is 309 worth today?
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Source: Dubai Land Department. Updated 20 December 2020.
Key facts
- Type
- Studio apartment
- Size
- 447 sqft
- Floor
- 3rd of 27
- Parking
- P3-38
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 10,000 /yr
- Last sold
- AED 848K · August 2013
- Building
- Standpoint Towers 1
About 309, Standpoint Towers 1
309 is a studio of 447 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 22 August 2013 for AED 847,833, or AED 1,896 per sqft, 7% below the AED 2,035 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 December 2020, is AED 42,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 10,000 a year.
Sales and rents for 309 over time
309 has sold twice; the dashed line is the studio median of each year in the building.
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 309 sits
All 24 studios →309 last sold in August 2013 at AED 1,896 per sqft, 7% below what studios in Standpoint Towers 1 were fetching at the time (AED 2,035). 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. 309's AED 42,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202624 June 2026 | 447 sqft | 1,100,000 | 2,460 | ||
| 4 May 20264 May 2026 | 479 sqft | 1,250,000 | 2,611 | ||
| 16 May 202516 May 2025 | 447 sqft | 1,200,000 | 2,684 | ||
| 6 Mar 20256 March 2025 | 447 sqft | 1,225,000 | 2,740 |
Standpoint Towers 1
Building344 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%
Other units on the 3rd floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 846 sqft | AED 1.13MAED 1,129,944 · Apr 2014April 2014 | 130,000 /yr | |
| 302 | 1-bed | 829 sqft | AED 2.09MAED 2,087,916 · Aug 2013August 2013 | 113,000 /yr | |
| 303 | 1-bed | 827 sqft | AED 1.65MAED 1,650,000 · Sep 2014September 2014 | 110,000 /yr | |
| 304 | 2-bed | 1,323 sqft | AED 2.69MAED 2,688,666 · Oct 2013October 2013 | 150,000 /yr | |
| 305 | 1-bed | 786 sqft | AED 1.41MAED 1,406,888 · Jan 2014January 2014 | 85,000 /yr | |
| 306 | Studio | 446 sqft | AED 1MAED 1,004,944 · Jun 2018June 2018 | ||
| 307 | Studio | 447 sqft | AED 650KAED 650,000 · Nov 2019November 2019 | 56,000 /yr | |
| 308 | Studio | 447 sqft | AED 1.1MAED 1,100,000 · Jun 2026June 2026 | 81,900 /yr | |
| 310 | Studio | 447 sqft | AED 1.41MAED 1,409,888 · Jul 2022July 2022 | 80,000 /yr | |
| 311 | Studio | 479 sqft | AED 1.83MAED 1,826,916 · Mar 2010March 2010 | 85,000 /yr | |
| 312 | 1-bed | 766 sqft | AED 1.45MAED 1,450,000 · Oct 2015October 2015 | 97,125 /yr | |
| 313 | 2-bed | 1,209 sqft | AED 3.15MAED 3,150,000 · Dec 2023December 2023 | 200,000 /yr | |
| 314 | 1-bed | 827 sqft | AED 2.07MAED 2,073,666 · Sep 2013September 2013 | 119,000 /yr | |
| 315 | 1-bed | 841 sqft | AED 1.17MAED 1,170,000 · Apr 2022April 2022 | 100,000 /yr | |
| 316 | 2-bed | 1,171 sqft | AED 2.4MAED 2,400,000 · Oct 2013October 2013 | 165,000 /yr |
309, Standpoint Towers 1 in numbers
- Sold twice: first on 16 March 2010 for AED 1,130,444, last on 22 August 2013 for AED 847,833 (AED 1,896 per sqft).
- Rented since August 2015 on 7 Ejari contracts, from AED 76,500 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2013 price is 5.0%, before a service charge of about AED 10,000 a year (AED 22.27 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 20 December 2020.
Questions about 309, Standpoint Towers 1
What did unit 309 last sell for?
AED 847,833 on 22 August 2013: AED 1,896 per sqft for 447 sqft. The unit has 2 registered sales; the first was AED 1,130,444 in March 2010.
What is the rent for unit 309?
AED 42,000 a year on the contract renewed on 20 December 2020. The previous contract, from December 2019, was AED 50,000; the unit has been rented since August 2015.
How big is unit 309?
447 sqft (41.5 sqm): a studio on the 3rd floor of a 27-storey tower completed in 2012.
What is unit 309 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 309, Standpoint Towers 1
Starts from the last sale price (AED 848K, 22 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 847,833
- Deposit, UAE resident (20%)
- AED 169,567
- Deposit, non-resident (40%)
- AED 339,133
- Monthly over 25 years at 3.7%
- AED 3,469
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →