1-bed · 766 sqftStandpoint Towers 1, Downtown Dubai · 4th floor · completed 2012

412, Standpoint Towers 1

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

Unit 412 · DLD and Ejari recordsUpdated 27 January 2019
Last soldAED 1.49M22 August 2013
Current rentAED 80K /yr27 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Standpoint Towers 1

What is 412 worth today?

Last sold for AED 1,489,888 in 2013

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27 Jan 2019RentedRenewal
AED 80,000/yr12 months · AED 105 per sqft
27 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
22 Aug 2013SoldReady
AED 1,489,888AED 1,945 per sqft
7 Aug 2013RentedNew contract
AED 95,000/yr12 months · AED 124 per sqft
9 Jul 2013Sold by developerOff-plan
AED 1,489,888AED 1,945 per sqft

Source: Dubai Land Department. Updated 27 January 2019.

Key facts

Type
1-bed apartment
Size
766 sqft
Floor
4th of 27
Parking
B3-11
Developer
Emaar
Completed
2012
Service charge
AED 17,100 /yr
Last sold
AED 1.49M · August 2013

About 412, Standpoint Towers 1

412 is a one-bedroom apartment of 766 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 22 August 2013 for AED 1,489,888, or AED 1,945 per sqft, 3% above the AED 1,885 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 27 January 2019, is AED 80,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 17,100 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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 1,489,888 (AED 1,945 per sqft)Sold, August 2013: AED 1,489,888 (AED 1,945 per sqft)

412 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 412, each contractTypical one-bed in Standpoint Towers 1
60K80K100K2013201720212025Typical 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 95,000 a yearNew contract, January 2018: AED 80,000 a yearRenewal, January 2019: AED 80,000 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 412 sits

All 214 1-beds →

412 last sold in August 2013 at AED 1,945 per sqft, 3% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,885). 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. 412's AED 80,000 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 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

412, Standpoint Towers 1 in numbers

  • Sold twice: first on 9 July 2013 for AED 1,489,888, last on 22 August 2013 for AED 1,489,888 (AED 1,945 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 95,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 17,100 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 27 January 2019.

Questions about 412, Standpoint Towers 1

What did unit 412 last sell for?

AED 1,489,888 on 22 August 2013: AED 1,945 per sqft for 766 sqft. The unit has 2 registered sales; the first was AED 1,489,888 in July 2013.

What is the rent for unit 412?

AED 80,000 a year on the contract renewed on 27 January 2019. The previous contract, from January 2018, was AED 80,000; the unit has been rented since August 2013.

How big is unit 412?

766 sqft (71.2 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2012.

What is unit 412 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 412, Standpoint Towers 1

Starts from the last sale price (AED 1.49M, 22 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,489,888
Deposit, UAE resident (20%)
AED 297,978
Deposit, non-resident (40%)
AED 595,955
Monthly over 25 years at 3.7%
AED 6,096

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