Studio · 447 sqftStandpoint Towers 1, Downtown Dubai · 2nd floor · completed 2012

209, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 1.18M24 June 2024
Current rentAED 47K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Standpoint Towers 1

What is 209 worth today?

Last sold for AED 1,180,000 in 2024

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24 Jun 2024SoldReady
AED 1,180,000AED 2,639 per sqft
15 Jun 2020RentedNew contract
AED 47,000/yr12 months · AED 104 per sqft
1 Aug 2018RentedNew contract
AED 58,000/yr12 months · AED 128 per sqft
7 Jun 2015RentedNew contract
AED 82,000/yr12 months · AED 181 per sqft
3 Sep 2013SoldReady
AED 847,458AED 1,895 per sqft
15 Mar 2010Sold by developerOff-plan
AED 677,967AED 1,516 per sqft

Source: Dubai Land Department. Updated 24 June 2024.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
2nd of 27
Parking
P3-33
Developer
Emaar
Completed
2012
Service charge
AED 10,000 /yr
Last sold
AED 1.18M · June 2024

About 209, Standpoint Towers 1

209 is a studio of 447 sqft on the 2nd floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 24 June 2024 for AED 1,180,000, or AED 2,639 per sqft, in line with the AED 2,571 studios in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 15 June 2020, is AED 47,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical studio in Standpoint Towers 1
1M2010201420182022Typical sale price by year: 2010 AED 1,166,541; 2013 AED 970,888; 2014 AED 1,234,944; 2015 AED 1,130,000; 2016 AED 1,150,000; 2023 AED 1,100,000; 2024 AED 1,169,000Sold by developer, March 2010: AED 677,967 (AED 1,516 per sqft)Sold, September 2013: AED 847,458 (AED 1,895 per sqft)Sold, June 2024: AED 1,180,000 (AED 2,639 per sqft)

209 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 209, each contractTypical studio in Standpoint Towers 1
60K80K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 79,250; 2015 AED 81,842; 2016 AED 79,000; 2017 AED 70,000; 2018 AED 64,500; 2019 AED 57,000; 2020 AED 48,500; 2021 AED 49,000; 2022 AED 62,500; 2023 AED 74,000; 2024 AED 77,000; 2025 AED 80,000; 2026 AED 80,000New contract, June 2015: AED 82,000 a yearNew contract, August 2018: AED 58,000 a yearNew contract, June 2020: AED 47,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Standpoint Towers 1, and where 209 sits

All 24 studios →

209 last sold in June 2024 at AED 2,639 per sqft, in line with what studios in Standpoint Towers 1 were fetching at the time (AED 2,571). 209's AED 47,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 May 20251,200,000
6 Mar 20251,225,000
4 Jun 20241,230,000
3 Jun 20241,158,000
0 studio 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 2nd floor

All 344 units in Standpoint Towers 1
Value
2011-bedAED 1.88M · Nov 2014
2021-bedAED 1.68M · Feb 2014
2031-bedAED 2.03M · Sep 2013
2042-bedAED 2.13M · Sep 2013
2051-bedAED 1.65M · Aug 2013
206StudioAED 1.1M · Feb 2024
207StudioAED 1.14M · Oct 2013
1–7 of 15

209, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 15 March 2010 for AED 677,967, last on 24 June 2024 for AED 1,180,000 (AED 2,639 per sqft).
  • Rented since June 2015 on 3 Ejari contracts, from AED 82,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 10,000 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 24 June 2024.

Questions about 209, Standpoint Towers 1

What did unit 209 last sell for?

AED 1,180,000 on 24 June 2024: AED 2,639 per sqft for 447 sqft. The unit has 3 registered sales; the first was AED 677,967 in March 2010.

What is the rent for unit 209?

AED 47,000 a year on the contract signed on 15 June 2020. The previous contract, from August 2018, was AED 58,000; the unit has been rented since June 2015.

How big is unit 209?

447 sqft (41.5 sqm): a studio on the 2nd floor of a 27-storey tower completed in 2012.

What is unit 209 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 209, Standpoint Towers 1

Starts from the last sale price (AED 1.18M, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

Plus AED 54,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →