1,355 sqftStandpoint Towers 1, Downtown Dubai · 10th floor · completed 2012

1009, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 4 April 2023
Last soldAED 2.5M4 April 2023
Current rentAED 125K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Standpoint Towers 1

What is 1009 worth today?

Last sold for AED 2,500,000 in 2023

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4 Apr 2023SoldReady
AED 2,500,000AED 1,845 per sqft
20 Nov 2022RentedRenewal
AED 125,000/yr12 months · AED 92 per sqft
20 Nov 2021RentedRenewal
AED 106,375/yr12 months · AED 78 per sqft
20 Nov 2020RentedRenewal
AED 92,500/yr12 months · AED 68 per sqft
20 Nov 2019RentedNew contract
AED 92,500/yr12 months · AED 68 per sqft
31 Dec 2018RentedRenewal
AED 120,000/yr6 months · AED 88 per sqft
31 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft
1 Nov 2016RentedNew contract
AED 170,000/yr12 months · AED 125 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2023.

Key facts

Type
Apartment
Size
1,355 sqft
Floor
10th of 27
Parking
B1-107
Developer
Emaar
Completed
2012
Service charge
AED 30,200 /yr
Last sold
AED 2.5M · April 2023

About 1009, Standpoint Towers 1

1009 is an apartment of 1,355 sqft on the 10th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 4 April 2023 for AED 2,500,000, or AED 1,845 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 125,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 30,200 a year.

Standpoint Towers 1

Building

344 apartments, studios to 3-bed over 27 floors in Downtown Dubai, completed in 2012 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,398
Typical sale
AED 2.6M
Typical rent
AED 113K /yr
Typical yield
6.0%
Standpoint Towers 1, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 344 units in Standpoint Towers 1
Value
10011-bedAED 1.53M · Jun 2013
10021-bedAED 1.64M · Dec 2013
10031-bedAED 1.75M · Jan 2014
10042-bedAED 2M · Aug 2013
10051-bedAED 2.15M · Apr 2025
10061-bedAED 1.71M · Jun 2024
10071-bedAED 1.53M · Mar 2018
1–7 of 12

1009, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 24 February 2013 for AED 2,533,888, last on 4 April 2023 for AED 2,500,000 (AED 1,845 per sqft).
  • Rented since August 2014 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 92,500 in 2020 and recovered to AED 125,000 by November 2022.
  • At AED 125,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 30,200 a year (AED 22.27 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2023.

Questions about 1009, Standpoint Towers 1

What did unit 1009 last sell for?

AED 2,500,000 on 4 April 2023: AED 1,845 per sqft for 1,355 sqft. The unit has 3 registered sales; the first was AED 2,533,888 in February 2013.

What is the rent for unit 1009?

AED 125,000 a year on the contract renewed on 20 November 2022. The previous contract, from November 2021, was AED 106,375; the unit has been rented since August 2014.

How big is unit 1009?

1,355 sqft (125.9 sqm): an apartment on the 10th floor of a 27-storey tower completed in 2012.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1009, Standpoint Towers 1

Starts from the last sale price (AED 2.5M, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →