506, Standpoint Towers 1
Sold prices and rental history: sold twice, last in July 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Standpoint Towers 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 July 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 5th of 27
- Parking
- P2-32
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.7M · July 2015
- Building
- Standpoint Towers 1
About 506, Standpoint Towers 1
506 is a one-bedroom apartment of 851 sqft on the 5th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 15 July 2015 for AED 1,700,000, or AED 1,998 per sqft, 7% below the AED 2,141 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 24 February 2015, is AED 105,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 18,900 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 214 1-beds →506 last sold in July 2015 at AED 1,998 per sqft, 7% below what one-beds in Standpoint Towers 1 were fetching at the time (AED 2,141). 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. 506's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 714 sqft | 2,000,000 | 2,802 | ||
| 1 Oct 20261 October 2026 | 792 sqft | 1,800,000 | 2,271 | ||
| 5 Aug 20265 August 2026 | 829 sqft | 2,010,000 | 2,423 | ||
| 5 Aug 20265 August 2026 | 792 sqft | 51,152 | 64 |
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 5th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 847 sqft | AED 1.68MAED 1,680,000 · Oct 2024October 2024 | 110,000 /yr | |
| 503 | 1-bed | 827 sqft | AED 1.67MAED 1,667,916 · Sep 2013September 2013 | 100,000 /yr | |
| 504 | 2-bed | 1,412 sqft | AED 2.56MAED 2,562,666 · Sep 2013September 2013 | 130,000 /yr | |
| 505 | 1-bed | 907 sqft | AED 1.66MAED 1,658,166 · Sep 2013September 2013 | 102,000 /yr | |
| 507 | 1-bed | 844 sqft | AED 1.7MAED 1,700,000 · Dec 2023December 2023 | 71,500 /yr | |
| 508 | 1-bed | 847 sqft | AED 1.5MAED 1,500,000 · Sep 2023September 2023 | 150,000 /yr | |
| 509 | 2-bed | 1,391 sqft | AED 2.65MAED 2,650,000 · Sep 2023September 2023 | 180,000 /yr | |
| 510 | 2-bed | 1,209 sqft | AED 3MAED 3,000,000 · Nov 2014November 2014 | 145,000 /yr | |
| 511 | 1-bed | 827 sqft | AED 950KAED 950,000 · May 2021May 2021 | 90,000 /yr | |
| 512 | 1-bed | 841 sqft | AED 980KAED 980,000 · Mar 2014March 2014 | ||
| 513 | 2-bed | 1,171 sqft | AED 1.88MAED 1,880,000 · Feb 2018February 2018 | 120,000 /yr |
506, Standpoint Towers 1 in numbers
- Sold twice: first on 3 September 2013 for AED 1,317,888, last on 15 July 2015 for AED 1,700,000 (AED 1,998 per sqft).
- Rented since December 2013 on 2 Ejari contracts, from AED 100,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 18,900 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 15 July 2015.
Questions about 506, Standpoint Towers 1
What did unit 506 last sell for?
AED 1,700,000 on 15 July 2015: AED 1,998 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 1,317,888 in September 2013.
What is the rent for unit 506?
AED 105,000 a year on the contract signed on 24 February 2015. The previous contract, from December 2013, was AED 100,000.
How big is unit 506?
851 sqft (79.1 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2012.
What is unit 506 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 506, Standpoint Towers 1
Starts from the last sale price (AED 1.7M, 15 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →