1-bed · 827 sqftStandpoint Towers 1, Downtown Dubai · 6th floor · completed 2012

603, Standpoint Towers 1

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.51M12 September 2024
Current rentAED 84K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Standpoint Towers 1

What is 603 worth today?

Last sold for AED 1,510,000 in 2024

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1 Oct 2024RentedRenewal
AED 84,000/yr12 months · AED 102 per sqft
12 Sep 2024SoldReady
AED 1,510,000AED 1,825 per sqft
1 Oct 2023RentedRenewal
AED 69,000/yr12 months · AED 83 per sqft
1 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
1 Oct 2021RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
1 May 2020RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
24 Feb 2019RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
24 Feb 2018RentedNew contract
AED 87,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
6th of 27
Parking
B3-45
Developer
Emaar
Completed
2012
Service charge
AED 18,400 /yr
Last sold
AED 1.51M · September 2024

About 603, Standpoint Towers 1

603 is a one-bedroom apartment of 827 sqft on the 6th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 12 September 2024 for AED 1,510,000, or AED 1,825 per sqft, 12% below the AED 2,076 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 84,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 18,400 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, March 2010: AED 1,669,416 (AED 2,017 per sqft)Sold, September 2024: AED 1,510,000 (AED 1,825 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in Standpoint Towers 1
75K100K2013201720212025Typical 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, October 2014: AED 110,000 a yearNew contract, November 2015: AED 110,000 a yearRenewal, November 2016: AED 110,000 a yearNew contract, February 2018: AED 87,000 a yearNew contract, February 2019: AED 85,000 a yearNew contract, May 2020: AED 60,000 a yearNew contract, October 2021: AED 60,000 a yearNew contract, October 2022: AED 60,000 a yearRenewal, October 2023: AED 69,000 a yearRenewal, October 2024: AED 84,000 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 603 sits

All 214 1-beds →

603 last sold in September 2024 at AED 1,825 per sqft, 12% below what one-beds in Standpoint Towers 1 were fetching at the time (AED 2,076). 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. 603's AED 84,000 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 6th floor

All 344 units in Standpoint Towers 1
Value
6011-bedAED 1.7M · Mar 2024
6021-bedAED 2.01M · Aug 2026
6042-bedAED 1.99M · Sep 2013
6051-bedAED 2.03M · Aug 2024
6061-bedAED 2M · Oct 2026
6071-bedAED 1.15M · Dec 2019
6081-bedAED 1.5M · Jan 2017
1–7 of 12

603, Standpoint Towers 1 in numbers

  • Sold twice: first on 2 March 2010 for AED 1,669,416, last on 12 September 2024 for AED 1,510,000 (AED 1,825 per sqft).
  • Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2022 and recovered to AED 84,000 by October 2024.
  • At AED 84,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 18,400 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 1 October 2024.

Questions about 603, Standpoint Towers 1

What did unit 603 last sell for?

AED 1,510,000 on 12 September 2024: AED 1,825 per sqft for 827 sqft. The unit has 2 registered sales; the first was AED 1,669,416 in March 2010.

What is the rent for unit 603?

AED 84,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 69,000; the unit has been rented since October 2014.

How big is unit 603?

827 sqft (76.8 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2012.

What is unit 603 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 603, Standpoint Towers 1

Starts from the last sale price (AED 1.51M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,000
Deposit, UAE resident (20%)
AED 302,000
Deposit, non-resident (40%)
AED 604,000
Monthly over 25 years at 3.7%
AED 6,178

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