1-bed · 827 sqftStandpoint Towers 1, Downtown Dubai · 17th floor · completed 2012

1703, Standpoint Towers 1

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 1.56M22 August 2013
Current rentAED 99K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Standpoint Towers 1

What is 1703 worth today?

Last sold for AED 1,557,888 in 2013

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10 Jun 2024RentedRenewal
AED 99,000/yr12 months · AED 119 per sqft
10 Jun 2023RentedRenewal
AED 99,000/yr12 months · AED 119 per sqft
10 Jun 2022RentedNew contract
AED 94,000/yr12 months · AED 113 per sqft
19 Dec 2021RentedRenewal
AED 80,000/yr12 months · AED 97 per sqft
19 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 84 per sqft
19 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
3 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
21 Sep 2017RentedNew contract
AED 87,692/yr13 months · AED 106 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
17th of 27
Parking
B3-141
Developer
Emaar
Completed
2012
Service charge
AED 18,400 /yr
Last sold
AED 1.56M · August 2013

About 1703, Standpoint Towers 1

1703 is a one-bedroom apartment of 827 sqft on the 17th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 22 August 2013 for AED 1,557,888, or AED 1,883 per sqft, in line with the AED 1,885 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 99,000 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, April 2013: AED 1,557,888 (AED 1,883 per sqft)Sold, August 2013: AED 1,557,888 (AED 1,883 per sqft)

1703 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1703, 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, September 2017: AED 87,692 a yearNew contract, November 2019: AED 70,000 a yearNew contract, December 2019: AED 75,000 a yearRenewal, December 2020: AED 70,000 a yearRenewal, December 2021: AED 80,000 a yearNew contract, June 2022: AED 94,000 a yearRenewal, June 2023: AED 99,000 a yearRenewal, June 2024: AED 99,000 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 1703 sits

All 204 1-beds →

1703 last sold in August 2013 at AED 1,883 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,885). 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. 1703's AED 99,000 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 17th floor

All 344 units in Standpoint Towers 1
Value
17011-bedAED 1.57M · Feb 2014
17021-bedAED 1.85M · Sep 2024
17042-bedAED 2.2M · Aug 2023
17051-bedAED 1.76M · Sep 2013
17061-bedAED 1.75M · Feb 2014
17071-bedAED 1.45M · Jul 2022
17081-bedAED 1.16M · Jan 2019
1–7 of 12

1703, Standpoint Towers 1 in numbers

  • Sold twice: first on 17 April 2013 for AED 1,557,888, last on 22 August 2013 for AED 1,557,888 (AED 1,883 per sqft).
  • Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 87,692 to AED 70,000 in 2020 and recovered to AED 99,000 by June 2024.
  • At AED 99,000 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 18,400 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 10 June 2024.

Questions about 1703, Standpoint Towers 1

What did unit 1703 last sell for?

AED 1,557,888 on 22 August 2013: AED 1,883 per sqft for 827 sqft. The unit has 2 registered sales; the first was AED 1,557,888 in April 2013.

What is the rent for unit 1703?

AED 99,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 99,000; the unit has been rented since September 2017.

How big is unit 1703?

827 sqft (76.8 sqm): a one-bedroom apartment on the 17th floor of a 27-storey tower completed in 2012.

What is unit 1703 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 1703, Standpoint Towers 1

Starts from the last sale price (AED 1.56M, 22 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,557,888
Deposit, UAE resident (20%)
AED 311,578
Deposit, non-resident (40%)
AED 623,155
Monthly over 25 years at 3.7%
AED 6,374

Plus AED 70,442 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →