1-bed · 841 sqftStandpoint Towers 1, Downtown Dubai · 23rd floor · completed 2012

2311, Standpoint Towers 1

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

Unit 2311 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.95M13 May 2014
Current rentAED 115K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2311, Standpoint Towers 1

What is 2311 worth today?

Last sold for AED 1,950,000 in 2014

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5 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
2 Mar 2022RentedNew contract
AED 82,000/yr12 months · AED 98 per sqft
5 Dec 2017RentedNew contract
AED 95,000/yr12 months · AED 113 per sqft
1 Oct 2016RentedNew contract
AED 122,087/yr11 months · AED 145 per sqft
11 Sep 2015RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
1 Aug 2014RentedNew contract
AED 118,000/yr12 months · AED 141 per sqft
13 May 2014SoldReady
AED 1,950,000AED 2,318 per sqft
3 Oct 2013Sold by developerReady
AED 1,945,888AED 2,313 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
23rd of 27
Parking
B2-41
Developer
Emaar
Completed
2012
Service charge
AED 18,700 /yr
Last sold
AED 1.95M · May 2014

About 2311, Standpoint Towers 1

2311 is a one-bedroom apartment of 841 sqft on the 23rd floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 13 May 2014 for AED 1,950,000, or AED 2,318 per sqft, 19% above the AED 1,948 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 5 September 2024, is AED 115,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 18,700 a year.

Sales and rents for 2311 over time

Sales
Unit 2311, 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, October 2013: AED 1,945,888 (AED 2,313 per sqft)Sold, May 2014: AED 1,950,000 (AED 2,318 per sqft)

2311 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2311, each contractTypical one-bed in Standpoint Towers 1
100K2013201720212025Typical 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, August 2014: AED 118,000 a yearNew contract, September 2015: AED 115,000 a yearNew contract, October 2016: AED 122,087 a yearNew contract, December 2017: AED 95,000 a yearNew contract, March 2022: AED 82,000 a yearNew contract, September 2024: AED 115,000 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 2311 sits

All 204 1-beds →

2311 last sold in May 2014 at AED 2,318 per sqft, 19% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,948). 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. 2311's AED 115,000 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 23rd floor

All 344 units in Standpoint Towers 1
Value
23011-bedAED 1.49M · Aug 2013
23021-bedAED 1.58M · Sep 2013
23031-bedAED 1.6M · Jul 2023
2304AED 3.39M · Oct 2025
23052-bedAED 2.69M · Mar 2025
23061-bedAED 1.43M · Aug 2019
23071-bedAED 1.56M · Oct 2013
1–7 of 11

2311, Standpoint Towers 1 in numbers

  • Sold twice: first on 3 October 2013 for AED 1,945,888, last on 13 May 2014 for AED 1,950,000 (AED 2,318 per sqft).
  • Rented since August 2014 on 6 Ejari contracts. The rent fell from AED 118,000 to AED 82,000 in 2022 and recovered to AED 115,000 by September 2024.
  • At AED 115,000 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 18,700 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 5 September 2024.

Questions about 2311, Standpoint Towers 1

What did unit 2311 last sell for?

AED 1,950,000 on 13 May 2014: AED 2,318 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 1,945,888 in October 2013.

What is the rent for unit 2311?

AED 115,000 a year on the contract signed on 5 September 2024. The previous contract, from March 2022, was AED 82,000; the unit has been rented since August 2014.

How big is unit 2311?

841 sqft (78.1 sqm): a one-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2012.

What is unit 2311 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 2311, Standpoint Towers 1

Starts from the last sale price (AED 1.95M, 13 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →