1-bed · 829 sqftStandpoint Towers 1, Downtown Dubai · 3rd floor · completed 2012

302, Standpoint Towers 1

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 21 December 2024
Last soldAED 2.09M22 August 2013
Current rentAED 118K /yr21 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Standpoint Towers 1

What is 302 worth today?

Last sold for AED 2,087,916 in 2013

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21 Dec 2024RentedNew contract
AED 118,000/yr12 months · AED 142 per sqft
10 Nov 2023RentedNew contract
AED 115,000/yr12 months · AED 139 per sqft
31 Oct 2020RentedNew contract
AED 60,000/yr13 months · AED 72 per sqft
1 Oct 2019RentedNew contract
AED 69,000/yr12 months · AED 83 per sqft
7 Sep 2018RentedNew contract
AED 80,000/yr12 months · AED 96 per sqft
27 Sep 2017RentedRenewal
AED 95,000/yr12 months · AED 115 per sqft
27 Sep 2016RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
25 Jun 2015RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 21 December 2024.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
3rd of 27
Parking
B3-58
Developer
Emaar
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 2.09M · August 2013

About 302, Standpoint Towers 1

302 is a one-bedroom apartment of 829 sqft on the 3rd 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 2,087,916, or AED 2,518 per sqft, 34% above the AED 1,885 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 21 December 2024, is AED 118,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 18,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Standpoint Towers 1
1M2M3M2009201420192024Typical 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, August 2009: AED 2,783,888 (AED 3,357 per sqft)Sold, August 2013: AED 2,087,916 (AED 2,518 per sqft)

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

Rents
Unit 302, each contractTypical one-bed in Standpoint Towers 1
50K100K2013201720212025Typical 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, May 2014: AED 100,000 a yearNew contract, June 2015: AED 90,000 a yearNew contract, September 2016: AED 100,000 a yearRenewal, September 2017: AED 95,000 a yearNew contract, September 2018: AED 80,000 a yearNew contract, October 2019: AED 69,000 a yearNew contract, October 2020: AED 60,000 a yearNew contract, November 2023: AED 115,000 a yearNew contract, December 2024: AED 118,000 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 302 sits

All 204 1-beds →

302 last sold in August 2013 at AED 2,518 per sqft, 34% above 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. 302's AED 118,000 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 3rd floor

All 344 units in Standpoint Towers 1
Value
3011-bedAED 1.13M · Apr 2014
3031-bedAED 1.65M · Sep 2014
3042-bedAED 2.69M · Oct 2013
3051-bedAED 1.41M · Jan 2014
306StudioAED 1M · Jun 2018
307StudioAED 650K · Nov 2019
308StudioAED 1.02M · May 2013
1–7 of 15

302, Standpoint Towers 1 in numbers

  • Sold twice: first on 4 August 2009 for AED 2,783,888, last on 22 August 2013 for AED 2,087,916 (AED 2,518 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2020 and recovered to AED 118,000 by December 2024.
  • At AED 118,000 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 18,500 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 21 December 2024.

Questions about 302, Standpoint Towers 1

What did unit 302 last sell for?

AED 2,087,916 on 22 August 2013: AED 2,518 per sqft for 829 sqft. The unit has 2 registered sales; the first was AED 2,783,888 in August 2009.

What is the rent for unit 302?

AED 118,000 a year on the contract signed on 21 December 2024. The previous contract, from November 2023, was AED 115,000; the unit has been rented since May 2014.

How big is unit 302?

829 sqft (77.0 sqm): a one-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2012.

What is unit 302 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 302, Standpoint Towers 1

Starts from the last sale price (AED 2.09M, 22 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,087,916
Deposit, UAE resident (20%)
AED 417,583
Deposit, non-resident (40%)
AED 835,166
Monthly over 25 years at 3.7%
AED 8,542

Plus AED 92,703 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →