1-bed · 841 sqftStandpoint Towers 1, Downtown Dubai · 3rd floor · completed 2012

315, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 15 April 2022
Last soldAED 1.17M15 April 2022
Current rentAED 65K /yr25 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Standpoint Towers 1

What is 315 worth today?

Last sold for AED 1,170,000 in 2022

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15 Apr 2022SoldReady
AED 1,170,000AED 1,391 per sqft
25 Nov 2021RentedNew contract
AED 64,820/yr12 months · AED 77 per sqft
29 Oct 2020RentedRenewal
AED 65,000/yr12 months · AED 77 per sqft
29 Oct 2019RentedNew contract
AED 68,000/yr12 months · AED 81 per sqft
1 Jun 2019RentedRenewal
AED 88,000/yr4 months · AED 105 per sqft
1 Jun 2018RentedRenewal
AED 88,000/yr12 months · AED 105 per sqft
1 Jun 2016RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
7 May 2015RentedRenewal
AED 95,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 15 April 2022.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
3rd of 27
Parking
B2-38
Developer
Emaar
Completed
2012
Service charge
AED 18,700 /yr
Last sold
AED 1.17M · April 2022

About 315, Standpoint Towers 1

315 is a one-bedroom apartment of 841 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 15 April 2022 for AED 1,170,000, or AED 1,391 per sqft, in line with the AED 1,391 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 25 November 2021, is AED 64,820 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 18,700 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, December 2012: AED 1,449,888 (AED 1,724 per sqft)Sold, September 2013: AED 1,449,888 (AED 1,724 per sqft)Sold, April 2022: AED 1,170,000 (AED 1,391 per sqft)

315 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 315, 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, May 2013: AED 80,000 a yearRenewal, May 2014: AED 86,000 a yearRenewal, May 2015: AED 95,000 a yearNew contract, June 2016: AED 100,000 a yearRenewal, June 2018: AED 88,000 a yearRenewal, June 2019: AED 88,000 a yearNew contract, October 2019: AED 68,000 a yearRenewal, October 2020: AED 65,000 a yearNew contract, November 2021: AED 64,820 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 315 sits

All 204 1-beds →

315 last sold in April 2022 at AED 1,391 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,391). 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. 315's AED 64,820 is at the bottom 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
3021-bedAED 2.09M · Aug 2013
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
1–7 of 15

315, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 17 December 2012 for AED 1,449,888, last on 15 April 2022 for AED 1,170,000 (AED 1,391 per sqft).
  • Rented since May 2013 on 9 Ejari contracts, from AED 80,000 to AED 64,820 a year.
  • At AED 64,820 a year the gross yield on the 2022 price is 5.5%, 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 15 April 2022.

Questions about 315, Standpoint Towers 1

What did unit 315 last sell for?

AED 1,170,000 on 15 April 2022: AED 1,391 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,449,888 in December 2012.

What is the rent for unit 315?

AED 64,820 a year on the contract signed on 25 November 2021. The previous contract, from October 2020, was AED 65,000; the unit has been rented since May 2013.

How big is unit 315?

841 sqft (78.1 sqm): a one-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2012.

What is unit 315 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 315, Standpoint Towers 1

Starts from the last sale price (AED 1.17M, 15 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

Plus AED 54,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →