1-bed · 792 sqftStandpoint Towers 1, Downtown Dubai · 12th floor · completed 2012

1208, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in December 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 22 October 2021
Last soldAED 1.36M10 December 2013
Current rentAED 124K /yr22 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Standpoint Towers 1

What is 1208 worth today?

Last sold for AED 1,363,144 in 2013

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22 Oct 2021RentedRenewal
AED 124,000/yr6 months · AED 156 per sqft
22 Oct 2019RentedRenewal
AED 75,000/yr12 months · AED 94 per sqft
22 Oct 2018RentedRenewal
AED 85,000/yr12 months · AED 107 per sqft
22 Oct 2017RentedRenewal
AED 90,000/yr12 months · AED 113 per sqft
14 Jul 2014RentedNew contract
AED 90,000/yr12 months · AED 113 per sqft
10 Dec 2013SoldReady
AED 1,363,144AED 1,720 per sqft
14 Jul 2013RentedNew contract
AED 180,000/yr6 months · AED 226 per sqft
25 Feb 2013SoldOff-plan
AED 1,526,721AED 1,926 per sqft

Source: Dubai Land Department. Updated 22 October 2021.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
12th of 27
Parking
B3-151
Developer
Emaar
Completed
2012
Service charge
AED 17,600 /yr
Last sold
AED 1.36M · December 2013

About 1208, Standpoint Towers 1

1208 is a one-bedroom apartment of 792 sqft on the 12th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 10 December 2013 for AED 1,363,144, or AED 1,720 per sqft, 11% below the AED 1,931 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 22 October 2021, is AED 124,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 17,600 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical one-bed in Standpoint Towers 1
1M2M2009201420192024Typical sale price by year: 2009 AED 2,490,888; 2010 AED 1,819,041; 2012 AED 1,460,388; 2013 AED 1,567,388; 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 1,500,000; 2024 AED 1,750,000; 2025 AED 1,937,500Sold by developer, December 2012: AED 1,363,144 (AED 1,720 per sqft)Sold, February 2013: AED 1,526,721 (AED 1,926 per sqft)Sold, December 2013: AED 1,363,144 (AED 1,720 per sqft)

1208 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, each contractTypical one-bed in Standpoint Towers 1
100K200K2013201720212025Typical rent by year: 2013 AED 91,122; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 109,000; 2017 AED 100,000; 2018 AED 88,000; 2019 AED 75,000; 2020 AED 69,000; 2021 AED 65,000; 2022 AED 78,975; 2023 AED 92,200; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 110,000New contract, July 2013: AED 180,000 a yearNew contract, July 2014: AED 90,000 a yearRenewal, October 2017: AED 90,000 a yearRenewal, October 2018: AED 85,000 a yearRenewal, October 2019: AED 75,000 a yearRenewal, October 2021: AED 124,000 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 1208 sits

All 204 1-beds →

1208 last sold in December 2013 at AED 1,720 per sqft, 11% below what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,931). Over the last 12 months one-beds sold for AED 1,750,000 to 2,000,000, around AED 1,998 per sqft, and rent for AED 94,500 to 170,000 a year. 1208's AED 124,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20262,000,000
30 Dec 202529,030
15 Jul 2025142,685
28 Jun 20252,050,000
3 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. 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 12th floor

All 344 units in Standpoint Towers 1
Value
12011-bedAED 1.58M · Sep 2013
12021-bedAED 1.93M · Apr 2015
12031-bedAED 1.5M · Jun 2023
12042-bedAED 2M · Oct 2013
12051-bedAED 2.14M · Jul 2015
12061-bedAED 1.78M · Dec 2014
12071-bedAED 1.68M · Apr 2013
1–7 of 12

1208, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 23 December 2012 for AED 1,363,144, last on 10 December 2013 for AED 1,363,144 (AED 1,720 per sqft).
  • Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 75,000 in 2019 and recovered to AED 124,000 by October 2021.
  • At AED 124,000 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 17,600 a year (AED 22.27 per sqft).
  • One-beds in Standpoint Towers 1 sold for AED 1,750,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,398 per sqft.

Source: Dubai Land Department. Updated 22 October 2021.

Questions about 1208, Standpoint Towers 1

What did unit 1208 last sell for?

AED 1,363,144 on 10 December 2013: AED 1,720 per sqft for 792 sqft. The unit has 3 registered sales; the first was AED 1,363,144 in December 2012.

What is the rent for unit 1208?

AED 124,000 a year on the contract renewed on 22 October 2021. The previous contract, from October 2019, was AED 75,000; the unit has been rented since July 2013.

How big is unit 1208?

792 sqft (73.6 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2012.

What is unit 1208 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 1,750,000 to 2,000,000 in the last 12 months, around AED 1,998 per sqft.

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Mortgage on 1208, Standpoint Towers 1

Starts from the last sale price (AED 1.36M, 10 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,363,144
Deposit, UAE resident (20%)
AED 272,629
Deposit, non-resident (40%)
AED 545,258
Monthly over 25 years at 3.7%
AED 5,577

Plus AED 62,262 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →