308, Standpoint Towers 1
Sold prices and rental history: sold once, by the developer in May 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Standpoint Towers 1
What is 308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 November 2014.
Key facts
- Type
- Studio apartment
- Size
- 447 sqft
- Floor
- 3rd of 27
- Parking
- P3-37
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.02M · May 2013
- Building
- Standpoint Towers 1
About 308, Standpoint Towers 1
308 is a studio of 447 sqft on the 3rd floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 19 May 2013 for AED 1,021,888, or AED 2,285 per sqft, 12% above the AED 2,035 studios in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 10 November 2014, is AED 81,900 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 10,000 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the studio median of each year in the building.
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 308 sits
All 24 studios →308 last sold in May 2013 at AED 2,285 per sqft, 12% above what studios in Standpoint Towers 1 were fetching at the time (AED 2,035). 308's AED 81,900 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 May 202516 May 2025 | 447 sqft | 1,200,000 | 2,684 | ||
| 6 Mar 20256 March 2025 | 447 sqft | 1,225,000 | 2,740 | ||
| 24 Jun 202424 June 2024 | 447 sqft | 1,180,000 | 2,639 | ||
| 4 Jun 20244 June 2024 | 479 sqft | 1,230,000 | 2,570 |
Standpoint Towers 1
Building344 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%
Other units on the 3rd floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 846 sqft | AED 1.13MAED 1,129,944 · Apr 2014April 2014 | 130,000 /yr | |
| 302 | 1-bed | 829 sqft | AED 2.09MAED 2,087,916 · Aug 2013August 2013 | 118,000 /yr | |
| 303 | 1-bed | 827 sqft | AED 1.65MAED 1,650,000 · Sep 2014September 2014 | 100,000 /yr | |
| 304 | 2-bed | 1,323 sqft | AED 2.69MAED 2,688,666 · Oct 2013October 2013 | 150,000 /yr | |
| 305 | 1-bed | 786 sqft | AED 1.41MAED 1,406,888 · Jan 2014January 2014 | 114,681 /yr | |
| 306 | Studio | 446 sqft | AED 1MAED 1,004,944 · Jun 2018June 2018 | ||
| 307 | Studio | 447 sqft | AED 650KAED 650,000 · Nov 2019November 2019 | 56,000 /yr | |
| 309 | Studio | 447 sqft | AED 848KAED 847,833 · Aug 2013August 2013 | 42,000 /yr | |
| 310 | Studio | 447 sqft | AED 1.41MAED 1,409,888 · Jul 2022July 2022 | 80,000 /yr | |
| 311 | Studio | 479 sqft | AED 1.83MAED 1,826,916 · Mar 2010March 2010 | 85,000 /yr | |
| 312 | 1-bed | 766 sqft | AED 1.45MAED 1,450,000 · Oct 2015October 2015 | 92,500 /yr | |
| 313 | 2-bed | 1,209 sqft | AED 3.15MAED 3,150,000 · Dec 2023December 2023 | 200,000 /yr | |
| 314 | 1-bed | 827 sqft | AED 2.07MAED 2,073,666 · Sep 2013September 2013 | 119,000 /yr | |
| 315 | 1-bed | 841 sqft | AED 1.17MAED 1,170,000 · Apr 2022April 2022 | 64,820 /yr | |
| 316 | 2-bed | 1,171 sqft | AED 2.4MAED 2,400,000 · Oct 2013October 2013 | 165,000 /yr |
308, Standpoint Towers 1 in numbers
- Sold once: by Emaar on 19 May 2013 for AED 1,021,888, or AED 2,285 per sqft.
- Rented since November 2013 on 3 Ejari contracts, from AED 78,000 to AED 81,900 a year.
- At AED 81,900 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 10,000 a year (AED 22.27 per sqft).
Source: Dubai Land Department. Updated 10 November 2014.
Questions about 308, Standpoint Towers 1
What did unit 308 last sell for?
AED 1,021,888 on 19 May 2013, sold by the developer: AED 2,285 per sqft for 447 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 81,900 a year on the contract renewed on 10 November 2014. The previous contract, from November 2013, was AED 78,000; the unit has been rented since November 2013.
How big is unit 308?
447 sqft (41.5 sqm): a studio on the 3rd floor of a 27-storey tower completed in 2012.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 308, Standpoint Towers 1
Starts from the last sale price (AED 1.02M, 19 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,021,888
- Deposit, UAE resident (20%)
- AED 204,378
- Deposit, non-resident (40%)
- AED 408,755
- Monthly over 25 years at 3.7%
- AED 4,181
Plus AED 47,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →