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1-bed · 841 sqftStandpoint Towers 1, Downtown Dubai · 5th floor · completed 2012

512, Standpoint Towers 1

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

Unit 512 · DLD and Ejari recordsUpdated 30 March 2014
Last soldAED 980K30 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, Standpoint Towers 1

What is 512 worth today?

Last sold for AED 980,000 in 2014

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30 Mar 2014SoldReady
AED 980,000AED 1,165 per sqft
23 Mar 2014SoldReady
AED 1,600,000AED 1,902 per sqft
7 Nov 2013Sold by developerReady
AED 1,452,888AED 1,727 per sqft

Source: Dubai Land Department. Updated 30 March 2014.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
5th of 27
Parking
B2-36
Developer
Emaar
Completed
2012
Service charge
AED 18,700 /yr
Last sold
AED 980K · March 2014
Building
Standpoint Towers 1

About 512, Standpoint Towers 1

512 is a one-bedroom apartment of 841 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 30 March 2014 for AED 980,000, or AED 1,165 per sqft, 40% below the AED 1,943 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, 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, November 2013: AED 1,452,888 (AED 1,727 per sqft)Sold, March 2014: AED 980,000 (AED 1,165 per sqft)Sold, March 2014: AED 1,600,000 (AED 1,902 per sqft)

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

Rents
Unit 512, 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 105,000

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 512 sits

All 214 1-beds →

512 last sold in March 2014 at AED 1,165 per sqft, 40% below what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,943). 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.

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 5th floor

All 344 units in Standpoint Towers 1
Value
5011-bedAED 1.68M · Oct 2024
5031-bedAED 1.67M · Sep 2013
5042-bedAED 2.56M · Sep 2013
5051-bedAED 1.66M · Sep 2013
5061-bedAED 1.7M · Jul 2015
5071-bedAED 1.7M · Dec 2023
5081-bedAED 1.5M · Sep 2023
1–7 of 11

512, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 7 November 2013 for AED 1,452,888, last on 30 March 2014 for AED 980,000 (AED 1,165 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 30 March 2014.

Questions about 512, Standpoint Towers 1

What did unit 512 last sell for?

AED 980,000 on 30 March 2014: AED 1,165 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,452,888 in November 2013.

How big is unit 512?

841 sqft (78.1 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2012.

What is unit 512 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 512, Standpoint Towers 1

Starts from the last sale price (AED 980K, 30 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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