409, Standpoint Towers 1
Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Standpoint Towers 1
What is 409 worth today?
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Source: Dubai Land Department. Updated 3 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 447 sqft
- Floor
- 4th of 27
- Parking
- P3-43
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.16M · June 2024
- Building
- Standpoint Towers 1
About 409, Standpoint Towers 1
409 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 3 June 2024 for AED 1,158,000, or AED 2,590 per sqft, in line with the AED 2,521 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 June 2020, is AED 52,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 10,000 a year.
Sales and rents for 409 over time
409 has sold 4 times; 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 409 sits
All 24 studios →409 last sold in June 2024 at AED 2,590 per sqft, in line with what studios in Standpoint Towers 1 were fetching at the time (AED 2,521). 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. 409's AED 52,000 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 4th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 846 sqft | AED 2.11MAED 2,113,416 · Sep 2013September 2013 | 85,000 /yr | |
| 402 | 1-bed | 829 sqft | AED 1MAED 1,000,000 · Jun 2022June 2022 | 110,000 /yr | |
| 403 | 1-bed | 827 sqft | AED 1.47MAED 1,469,944 · Jun 2018June 2018 | ||
| 404 | 2-bed | 1,323 sqft | AED 2.13MAED 2,133,888 · Oct 2013October 2013 | 140,000 /yr | |
| 405 | 1-bed | 786 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 120,000 /yr | |
| 406 | Studio | 446 sqft | AED 500KAED 499,999 · Sep 2020September 2020 | 82,000 /yr | |
| 407 | Studio | 447 sqft | AED 1.23MAED 1,233,666 · Mar 2010March 2010 | ||
| 408 | Studio | 447 sqft | AED 1.23MAED 1,225,000 · Mar 2025March 2025 | 62,000 /yr | |
| 410 | Studio | 447 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 67,000 /yr | |
| 411 | Studio | 479 sqft | AED 1.25MAED 1,250,000 · May 2026May 2026 | 88,200 /yr | |
| 412 | 1-bed | 766 sqft | AED 1.49MAED 1,489,888 · Aug 2013August 2013 | 80,000 /yr | |
| 413 | 2-bed | 1,209 sqft | AED 1.9MAED 1,900,000 · Dec 2018December 2018 | 148,500 /yr | |
| 414 | 1-bed | 827 sqft | AED 1.85MAED 1,850,000 · Oct 2025October 2025 | 85,459 /yr | |
| 415 | 1-bed | 841 sqft | AED 2.1MAED 2,100,000 · Nov 2014November 2014 | ||
| 416 | 2-bed | 1,171 sqft | AED 2.2MAED 2,200,000 · May 2014May 2014 |
409, Standpoint Towers 1 in numbers
- Sold 4 times: first on 20 July 2009 for AED 1,130,944, last on 3 June 2024 for AED 1,158,000 (AED 2,590 per sqft).
- Rented since March 2014 on 6 Ejari contracts, from AED 75,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2024 price is 4.5%, 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 3 June 2024.
Questions about 409, Standpoint Towers 1
What did unit 409 last sell for?
AED 1,158,000 on 3 June 2024: AED 2,590 per sqft for 447 sqft. The unit has 4 registered sales; the first was AED 1,130,944 in July 2009.
What is the rent for unit 409?
AED 52,000 a year on the contract signed on 1 June 2020. The previous contract, from May 2019, was AED 58,000; the unit has been rented since March 2014.
How big is unit 409?
447 sqft (41.5 sqm): a studio on the 4th floor of a 27-storey tower completed in 2012.
What is unit 409 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 409, Standpoint Towers 1
Starts from the last sale price (AED 1.16M, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,158,000
- Deposit, UAE resident (20%)
- AED 231,600
- Deposit, non-resident (40%)
- AED 463,200
- Monthly over 25 years at 3.7%
- AED 4,738
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →