1-bed · 792 sqftStandpoint Towers 1, Downtown Dubai · 13th floor · completed 2012

1308, Standpoint Towers 1

Sold prices and rental history: sold 4 times, last in December 2019, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 25 December 2019
Last soldAED 1.13M25 December 2019
Current rentAED 77K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Standpoint Towers 1

What is 1308 worth today?

Last sold for AED 1,125,000 in 2019

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25 Dec 2019SoldReady
AED 1,125,000AED 1,419 per sqft
1 Jul 2019RentedNew contract
AED 77,000/yr12 months · AED 97 per sqft
1 Jul 2018RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft
5 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
3 Oct 2013SoldReady
AED 1,550,000AED 1,956 per sqft
3 Apr 2013SoldOff-plan
AED 1,550,000AED 1,956 per sqft
27 Mar 2013Sold by developerOff-plan
AED 1,437,888AED 1,814 per sqft

Source: Dubai Land Department. Updated 25 December 2019.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
13th of 27
Parking
B3-152
Developer
Emaar
Completed
2012
Service charge
AED 17,600 /yr
Last sold
AED 1.13M · December 2019

About 1308, Standpoint Towers 1

1308 is a one-bedroom apartment of 792 sqft on the 13th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 25 December 2019 for AED 1,125,000, or AED 1,419 per sqft, in line with the AED 1,450 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 July 2019, is AED 77,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 17,600 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, 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, March 2013: AED 1,437,888 (AED 1,814 per sqft)Sold, April 2013: AED 1,550,000 (AED 1,956 per sqft)Sold, October 2013: AED 1,550,000 (AED 1,956 per sqft)Sold, December 2019: AED 1,125,000 (AED 1,419 per sqft)

1308 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, each contractTypical one-bed in Standpoint Towers 1
75K100K2013201720212025Typical 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, January 2018: AED 110,000 a yearNew contract, July 2018: AED 95,000 a yearNew contract, July 2019: AED 77,000 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 1308 sits

All 204 1-beds →

1308 last sold in December 2019 at AED 1,419 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,450). 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. 1308's AED 77,000 is at the bottom 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 13th floor

All 344 units in Standpoint Towers 1
Value
13011-bedAED 1.7M · Jun 2017
13021-bedAED 925K · Jul 2020
13031-bedAED 1.5M · Nov 2013
13042-bedAED 1.5M · Nov 2020
13051-bedAED 1.64M · Oct 2013
13061-bedAED 1.7M · Sep 2015
13071-bedAED 2M · Sep 2013
1–7 of 12

1308, Standpoint Towers 1 in numbers

  • Sold 4 times: first on 27 March 2013 for AED 1,437,888, last on 25 December 2019 for AED 1,125,000 (AED 1,419 per sqft).
  • Rented since January 2018 on 3 Ejari contracts, from AED 110,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2019 price is 6.8%, 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 25 December 2019.

Questions about 1308, Standpoint Towers 1

What did unit 1308 last sell for?

AED 1,125,000 on 25 December 2019: AED 1,419 per sqft for 792 sqft. The unit has 4 registered sales; the first was AED 1,437,888 in March 2013.

What is the rent for unit 1308?

AED 77,000 a year on the contract signed on 1 July 2019. The previous contract, from July 2018, was AED 95,000; the unit has been rented since January 2018.

How big is unit 1308?

792 sqft (73.6 sqm): a one-bedroom apartment on the 13th floor of a 27-storey tower completed in 2012.

What is unit 1308 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 1308, Standpoint Towers 1

Starts from the last sale price (AED 1.13M, 25 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →