2-bed · 1,355 sqftStandpoint Towers 1, Downtown Dubai · 8th floor · completed 2012

809, Standpoint Towers 1

Sold prices and rental history: sold 6 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 3.05M3 May 2023
Current rentAED 100K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Standpoint Towers 1

What is 809 worth today?

Last sold for AED 3,050,000 in 2023

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3 May 2023SoldReady
AED 3,050,000AED 2,251 per sqft
25 Nov 2022SoldReady
AED 2,200,000AED 1,623 per sqft
1 Feb 2021RentedRenewal
AED 100,000/yr12 months · AED 74 per sqft
1 Feb 2020RentedRenewal
AED 128,000/yr12 months · AED 94 per sqft
1 Feb 2019RentedRenewal
AED 128,000/yr12 months · AED 94 per sqft
1 Feb 2018RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
30 Nov 2016RentedNew contract
AED 169,061/yr12 months · AED 125 per sqft
30 Nov 2015RentedNew contract
AED 169,061/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 3 May 2023.

Key facts

Type
2-bed apartment
Size
1,355 sqft
Floor
8th of 27
Parking
B1-35
Developer
Emaar
Completed
2012
Service charge
AED 30,200 /yr
Last sold
AED 3.05M · May 2023

About 809, Standpoint Towers 1

809 is a two-bedroom apartment of 1,355 sqft on the 8th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 3 May 2023 for AED 3,050,000, or AED 2,251 per sqft, 38% above the AED 1,633 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 February 2021, is AED 100,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 30,200 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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, January 2013: AED 2,950,000 (AED 2,177 per sqft)Sold by developer, January 2013: AED 2,356,888 (AED 1,739 per sqft)Sold, August 2013: AED 2,356,888 (AED 1,739 per sqft)Sold, November 2015: AED 1,800,000 (AED 1,328 per sqft)Sold, November 2022: AED 2,200,000 (AED 1,623 per sqft)Sold, May 2023: AED 3,050,000 (AED 2,251 per sqft)

809 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 809, 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 145,250New contract, November 2015: AED 169,061 a yearNew contract, November 2016: AED 169,061 a yearNew contract, February 2018: AED 130,000 a yearRenewal, February 2019: AED 128,000 a yearRenewal, February 2020: AED 128,000 a yearRenewal, February 2021: AED 100,000 a year

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 809 sits

All 100 2-beds →

809 last sold in May 2023 at AED 2,251 per sqft, 38% above what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,633). 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. 809's AED 100,000 is in the lower half of that range.

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 8th floor

All 344 units in Standpoint Towers 1
Value
8011-bedAED 1.2M · Aug 2021
8021-bedAED 1.9M · Mar 2025
8031-bedAED 1.22M · Jul 2022
8042-bedAED 2.59M · Jan 2024
8051-bedAED 1.5M · May 2015
8061-bedAED 925K · Jul 2020
8071-bedAED 1.42M · Apr 2023
1–7 of 12

809, Standpoint Towers 1 in numbers

  • Sold 6 times: first on 3 January 2013 for AED 2,356,888, last on 3 May 2023 for AED 3,050,000 (AED 2,251 per sqft).
  • Rented since November 2015 on 6 Ejari contracts, from AED 169,061 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 30,200 a year (AED 22.27 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 3 May 2023.

Questions about 809, Standpoint Towers 1

What did unit 809 last sell for?

AED 3,050,000 on 3 May 2023: AED 2,251 per sqft for 1,355 sqft. The unit has 6 registered sales; the first was AED 2,356,888 in January 2013.

What is the rent for unit 809?

AED 100,000 a year on the contract renewed on 1 February 2021. The previous contract, from February 2020, was AED 128,000; the unit has been rented since November 2015.

How big is unit 809?

1,355 sqft (125.9 sqm): a two-bedroom apartment on the 8th floor of a 27-storey tower completed in 2012.

What is unit 809 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 809, Standpoint Towers 1

Starts from the last sale price (AED 3.05M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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