Studio · 447 sqftStandpoint Towers 1, Downtown Dubai · 4th floor · completed 2012

408, Standpoint Towers 1

Sold prices and rental history: sold 4 times, last in March 2025, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 6 March 2025
Last soldAED 1.23M6 March 2025
Current rentAED 62K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Standpoint Towers 1

What is 408 worth today?

Last sold for AED 1,225,000 in 2025

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6 Mar 2025SoldReady
AED 1,225,000AED 2,740 per sqft
1 Feb 2019RentedNew contract
AED 62,000/yr12 months · AED 137 per sqft
18 Jan 2014RentedNew contract
AED 77,000/yr12 months · AED 170 per sqft
29 Dec 2013SoldReady
AED 1,050,000AED 2,348 per sqft
11 Dec 2013SoldReady
AED 1,696,416AED 3,794 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,696,416AED 3,794 per sqft

Source: Dubai Land Department. Updated 6 March 2025.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
4th of 27
Parking
P3-42
Developer
Emaar
Completed
2012
Service charge
AED 10,000 /yr
Last sold
AED 1.23M · March 2025

About 408, Standpoint Towers 1

408 is a studio of 447 sqft on the 4th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 6 March 2025 for AED 1,225,000, or AED 2,740 per sqft, 6% above the AED 2,590 studios in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 February 2019, is AED 62,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 10,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Standpoint Towers 1
1M1.5M2010201420182022Typical 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 1,696,416 (AED 3,794 per sqft)Sold, December 2013: AED 1,050,000 (AED 2,348 per sqft)Sold, December 2013: AED 1,696,416 (AED 3,794 per sqft)Sold, March 2025: AED 1,225,000 (AED 2,740 per sqft)

408 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 408, 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 76,650New contract, January 2014: AED 77,000 a yearNew contract, February 2019: AED 62,000 a year

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 408 sits

All 24 studios →

408 last sold in March 2025 at AED 2,740 per sqft, 6% above what studios in Standpoint Towers 1 were fetching at the time (AED 2,590). 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. 408's AED 62,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jun 20261,100,000
4 May 20261,250,000
16 May 20251,200,000
24 Jun 20241,180,000
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 4th floor

All 344 units in Standpoint Towers 1
Value
4011-bedAED 2.11M · Sep 2013
4021-bedAED 1M · Jun 2022
4031-bedAED 1.47M · Jun 2018
4042-bedAED 2.13M · Oct 2013
4051-bedAED 1.1M · Aug 2022
406StudioAED 500K · Sep 2020
407StudioAED 1.23M · Mar 2010
1–7 of 15

408, Standpoint Towers 1 in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,696,416, last on 6 March 2025 for AED 1,225,000 (AED 2,740 per sqft).
  • Rented since January 2014 on 2 Ejari contracts, from AED 77,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2025 price is 5.1%, 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 6 March 2025.

Questions about 408, Standpoint Towers 1

What did unit 408 last sell for?

AED 1,225,000 on 6 March 2025: AED 2,740 per sqft for 447 sqft. The unit has 4 registered sales; the first was AED 1,696,416 in March 2010.

What is the rent for unit 408?

AED 62,000 a year on the contract signed on 1 February 2019. The previous contract, from January 2014, was AED 77,000.

How big is unit 408?

447 sqft (41.5 sqm): a studio on the 4th floor of a 27-storey tower completed in 2012.

What is unit 408 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 408, Standpoint Towers 1

Starts from the last sale price (AED 1.23M, 6 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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