706, Standpoint Towers 1
Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Standpoint Towers 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 20 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 714 sqft
- Floor
- 7th of 27
- Parking
- P2-34
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.6M · January 2014
- Building
- Standpoint Towers 1
About 706, Standpoint Towers 1
706 is a one-bedroom apartment of 714 sqft on the 7th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 20 January 2014 for AED 1,600,000, or AED 2,241 per sqft, 16% above the AED 1,935 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 20 October 2022, is AED 75,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 15,900 a year.
Sales and rents for 706 over time
706 has sold 3 times; 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 706 sits
All 214 1-beds →706 last sold in January 2014 at AED 2,241 per sqft, 16% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,935). 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. 706's AED 75,000 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 7th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 847 sqft | AED 1.6MAED 1,600,000 · Jun 2013June 2013 | 95,000 /yr | |
| 702 | 1-bed | 829 sqft | AED 1.7MAED 1,700,000 · Aug 2023August 2023 | 109,674 /yr | |
| 703 | 1-bed | 827 sqft | AED 1.02MAED 1,015,000 · Nov 2019November 2019 | 119,358 /yr | |
| 704 | 2-bed | 1,199 sqft | AED 2.95MAED 2,945,000 · Nov 2014November 2014 | 120,000 /yr | |
| 705 | 1-bed | 708 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 78,000 /yr | |
| 707 | 1-bed | 887 sqft | AED 1.65MAED 1,650,000 · Apr 2024April 2024 | 125,000 /yr | |
| 708 | 1-bed | 792 sqft | AED 1.54MAED 1,535,000 · Feb 2017February 2017 | 98,700 /yr | |
| 709 | 2-bed | 1,355 sqft | AED 2.9MAED 2,900,000 · Dec 2024December 2024 | 116,876 /yr | |
| 710 | 2-bed | 1,209 sqft | AED 2MAED 2,000,000 · May 2022May 2022 | 80,000 /yr | |
| 711 | 1-bed | 827 sqft | AED 1.81MAED 1,809,666 · Sep 2013September 2013 | 110,000 /yr | |
| 712 | 1-bed | 841 sqft | AED 1.98MAED 1,975,000 · Dec 2014December 2014 | 90,000 /yr | |
| 713 | 2-bed | 1,171 sqft | AED 1.75MAED 1,750,000 · Dec 2021December 2021 | 100,000 /yr |
706, Standpoint Towers 1 in numbers
- Sold 3 times: first on 2 June 2013 for AED 1,379,888, last on 20 January 2014 for AED 1,600,000 (AED 2,241 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2021 and recovered to AED 75,000 by October 2022.
- At AED 75,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 15,900 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 20 October 2022.
Questions about 706, Standpoint Towers 1
What did unit 706 last sell for?
AED 1,600,000 on 20 January 2014: AED 2,241 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 1,379,888 in June 2013.
What is the rent for unit 706?
AED 75,000 a year on the contract renewed on 20 October 2022. The previous contract, from October 2021, was AED 65,000; the unit has been rented since October 2015.
How big is unit 706?
714 sqft (66.3 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2012.
What is unit 706 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 706, Standpoint Towers 1
Starts from the last sale price (AED 1.6M, 20 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →