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2-bed · 1,171 sqftStandpoint Towers 1, Downtown Dubai · 4th floor · completed 2012

416, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 5 May 2014
Last soldAED 2.2M5 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 416, Standpoint Towers 1

What is 416 worth today?

Last sold for AED 2,200,000 in 2014

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5 May 2014SoldReady
AED 2,200,000AED 1,878 per sqft
8 May 2013SoldOff-plan
AED 2,200,000AED 1,878 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,168,166AED 1,850 per sqft

Source: Dubai Land Department. Updated 5 May 2014.

Key facts

Type
2-bed apartment
Size
1,171 sqft
Floor
4th of 27
Parking
B2-68
Developer
Emaar
Completed
2012
Service charge
AED 26,100 /yr
Last sold
AED 2.2M · May 2014
Building
Standpoint Towers 1

About 416, Standpoint Towers 1

416 is a two-bedroom apartment of 1,171 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 5 May 2014 for AED 2,200,000, or AED 1,878 per sqft, 7% below the AED 2,017 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical two-bed in Standpoint Towers 1
2M3M2009201420192024Typical sale price by year: 2009 AED 2,897,902; 2010 AED 2,357,166; 2012 AED 2,475,144; 2013 AED 2,442,666; 2014 AED 2,922,500; 2015 AED 3,162,388; 2016 AED 2,700,000; 2017 AED 2,437,500; 2018 AED 2,050,000; 2021 AED 1,800,000; 2022 AED 2,000,000; 2023 AED 2,525,000; 2024 AED 2,387,500; 2025 AED 3,000,000; 2026 AED 2,725,000Sold by developer, March 2010: AED 2,168,166 (AED 1,850 per sqft)Sold, May 2013: AED 2,200,000 (AED 1,878 per sqft)Sold, May 2014: AED 2,200,000 (AED 1,878 per sqft)

416 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 416, each contractTypical two-bed in Standpoint Towers 1
100K150K2013201720212025Typical rent by year: 2013 AED 142,500; 2014 AED 167,500; 2015 AED 160,000; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 112,000; 2023 AED 135,000; 2024 AED 149,250; 2025 AED 160,000; 2026 AED 145,250

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

2-beds in Standpoint Towers 1, and where 416 sits

All 100 2-beds →

416 last sold in May 2014 at AED 1,878 per sqft, 7% below what two-beds in Standpoint Towers 1 were fetching at the time (AED 2,017). Over the last 12 months two-beds sold for AED 2,350,000 to 4,100,000, around AED 2,219 per sqft, and rent for AED 45,000 to 360,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20262,850,000
5 Oct 20262,350,000
19 Aug 20262,550,000
3 Jul 20262,600,000
10 2-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

416, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,168,166, last on 5 May 2014 for AED 2,200,000 (AED 1,878 per sqft).
  • Two-beds in Standpoint Towers 1 sold for AED 2,350,000–4,100,000 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 5 May 2014.

Questions about 416, Standpoint Towers 1

What did unit 416 last sell for?

AED 2,200,000 on 5 May 2014: AED 1,878 per sqft for 1,171 sqft. The unit has 3 registered sales; the first was AED 2,168,166 in March 2010.

How big is unit 416?

1,171 sqft (108.8 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2012.

What is unit 416 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Standpoint Towers 1 sold for AED 2,350,000 to 4,100,000 in the last 12 months, around AED 2,219 per sqft.

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Mortgage on 416, Standpoint Towers 1

Starts from the last sale price (AED 2.2M, 5 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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