1-bed · 797 sqftStandpoint Towers 2, Downtown Dubai · 15th floor · completed 2012

1509, Standpoint Towers 2

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 1.35M1 August 2022
Current rentAED 75K /yr17 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Standpoint Towers 2

What is 1509 worth today?

Last sold for AED 1,350,000 in 2022

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1 Aug 2022SoldReady
AED 1,350,000AED 1,694 per sqft
17 Dec 2020RentedRenewal
AED 75,000/yr12 months · AED 94 per sqft
17 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
6 Dec 2018RentedRenewal
AED 90,000/yr12 months · AED 113 per sqft
6 Dec 2017RentedNew contract
AED 90,000/yr12 months · AED 113 per sqft
10 Nov 2016RentedRenewal
AED 105,000/yr12 months · AED 132 per sqft
10 Nov 2015RentedRenewal
AED 105,000/yr12 months · AED 132 per sqft
7 Nov 2014RentedRenewal
AED 104,132/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
15th of 19
Parking
B3-14
Developer
Emaar
Completed
2012
Service charge
AED 17,700 /yr
Last sold
AED 1.35M · August 2022

About 1509, Standpoint Towers 2

1509 is a one-bedroom apartment of 797 sqft on the 15th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 1 August 2022 for AED 1,350,000, or AED 1,694 per sqft, 13% above the AED 1,495 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 17 December 2020, is AED 75,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical one-bed in Standpoint Towers 2
1M1.5M2M2010201520202025Typical sale price by year: 2010 AED 2,020,416; 2012 AED 1,455,966; 2013 AED 1,575,000; 2014 AED 1,762,500; 2015 AED 1,679,888; 2016 AED 1,683,388; 2017 AED 1,394,166; 2018 AED 1,200,000; 2021 AED 1,067,500; 2022 AED 1,215,000; 2023 AED 1,438,500; 2024 AED 1,700,000; 2025 AED 1,810,000; 2026 AED 1,220,500Sold by developer, October 2013: AED 1,446,888 (AED 1,816 per sqft)Sold, August 2022: AED 1,350,000 (AED 1,694 per sqft)

1509 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, each contractTypical one-bed in Standpoint Towers 2
75K100K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 105,000; 2015 AED 105,500; 2016 AED 110,000; 2017 AED 103,500; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 77,500; 2023 AED 85,375; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 102,635New contract, November 2013: AED 100,000 a yearRenewal, November 2014: AED 104,132 a yearRenewal, November 2015: AED 105,000 a yearRenewal, November 2016: AED 105,000 a yearNew contract, December 2017: AED 90,000 a yearRenewal, December 2018: AED 90,000 a yearNew contract, December 2019: AED 75,000 a yearRenewal, December 2020: AED 75,000 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 2, and where 1509 sits

All 92 1-beds →

1509 last sold in August 2022 at AED 1,694 per sqft, 13% above what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,495). Over the last 12 months one-beds sold for AED 700,000 to 1,950,000, around AED 2,433 per sqft, and rent for AED 60,000 to 145,000 a year. 1509's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20261,950,000
7 May 20261,741,000
16 Feb 2026700,000
20 Jan 2026700,000
5 1-bed sales in the last 12 months

Standpoint Towers 2

Building

190 apartments, studios to 3-bed over 19 floors in Downtown Dubai, completed in 2012 by Emaar. 10 sold in the last 12 months.

Typical price per sqft
AED 2,325 Up 0.9%
Typical sale
AED 2.23M
Typical rent
AED 105K /yr
Typical yield
5.8%
Standpoint Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 190 units in Standpoint Towers 2
Value
15011-bedAED 1.98M · Aug 2014
15021-bedAED 1.95M · Jun 2026
15032-bedAED 2.52M · Aug 2013
15041-bedAED 1.75M · Jan 2014
15052-bedAED 2.72M · Mar 2014
15061-bedAED 1.35M · Sep 2013
15071-bedAED 1.64M · Mar 2014
1–7 of 9

1509, Standpoint Towers 2 in numbers

  • Sold twice: first on 3 October 2013 for AED 1,446,888, last on 1 August 2022 for AED 1,350,000 (AED 1,694 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 100,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 17,700 a year (AED 22.27 per sqft).
  • One-beds in Standpoint Towers 2 sold for AED 700,000–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 2,325 per sqft.

Source: Dubai Land Department. Updated 1 August 2022.

Questions about 1509, Standpoint Towers 2

What did unit 1509 last sell for?

AED 1,350,000 on 1 August 2022: AED 1,694 per sqft for 797 sqft. The unit has 2 registered sales; the first was AED 1,446,888 in October 2013.

What is the rent for unit 1509?

AED 75,000 a year on the contract renewed on 17 December 2020. The previous contract, from December 2019, was AED 75,000; the unit has been rented since November 2013.

How big is unit 1509?

797 sqft (74.0 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2012.

What is unit 1509 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 2 sold for AED 700,000 to 1,950,000 in the last 12 months, around AED 2,433 per sqft.

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Mortgage on 1509, Standpoint Towers 2

Starts from the last sale price (AED 1.35M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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