508, Standpoint Towers 1
Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Standpoint Towers 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 27 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 847 sqft
- Floor
- 5th of 27
- Parking
- P3-3
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.5M · September 2023
- Building
- Standpoint Towers 1
About 508, Standpoint Towers 1
508 is a one-bedroom apartment of 847 sqft on the 5th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 27 September 2023 for AED 1,500,000, or AED 1,770 per sqft, in line with the AED 1,803 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 27 October 2025, is AED 175,000 a year: a gross yield of 11.7% on the 2023 price, before the service charge of about AED 18,900 a year.
Sales and rents for 508 over time
508 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 204 1-beds →508 last sold in September 2023 at AED 1,770 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,803). 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. 508's AED 175,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 792 sqft | 2,000,000 | 2,524 | ||
| 30 Dec 202530 December 2025 | 792 sqft | 29,030 | 36 | ||
| 15 Jul 202515 July 2025 | 792 sqft | 142,685 | 180 | ||
| 28 Jun 202528 June 2025 | 887 sqft | 2,050,000 | 2,310 |
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 5th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 847 sqft | AED 1.68MAED 1,680,000 · Oct 2024October 2024 | 130,000 /yr | |
| 503 | 1-bed | 827 sqft | AED 1.67MAED 1,667,916 · Sep 2013September 2013 | 100,000 /yr | |
| 504 | 2-bed | 1,412 sqft | AED 2.56MAED 2,562,666 · Sep 2013September 2013 | 139,466 /yr | |
| 505 | 1-bed | 907 sqft | AED 1.66MAED 1,658,166 · Sep 2013September 2013 | 100,000 /yr | |
| 506 | 1-bed | 851 sqft | AED 1.7MAED 1,700,000 · Jul 2015July 2015 | 105,000 /yr | |
| 507 | 1-bed | 844 sqft | AED 1.7MAED 1,700,000 · Dec 2023December 2023 | 71,500 /yr | |
| 509 | 2-bed | 1,391 sqft | AED 2.65MAED 2,650,000 · Sep 2023September 2023 | 180,000 /yr | |
| 510 | 2-bed | 1,209 sqft | AED 3MAED 3,000,000 · Nov 2014November 2014 | 145,000 /yr | |
| 511 | 1-bed | 827 sqft | AED 950KAED 950,000 · May 2021May 2021 | 115,000 /yr | |
| 512 | 1-bed | 841 sqft | AED 980KAED 980,000 · Mar 2014March 2014 | ||
| 513 | 2-bed | 1,171 sqft | AED 1.88MAED 1,880,000 · Feb 2018February 2018 | 120,000 /yr |
508, Standpoint Towers 1 in numbers
- Sold 4 times: first on 4 August 2013 for AED 1,301,888, last on 27 September 2023 for AED 1,500,000 (AED 1,770 per sqft).
- Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 64,000 in 2020 and recovered to AED 175,000 by October 2025.
- At AED 175,000 a year the gross yield on the 2023 price is 11.7%, before a service charge of about AED 18,900 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 27 October 2025.
Questions about 508, Standpoint Towers 1
What did unit 508 last sell for?
AED 1,500,000 on 27 September 2023: AED 1,770 per sqft for 847 sqft. The unit has 4 registered sales; the first was AED 1,301,888 in August 2013.
What is the rent for unit 508?
AED 175,000 a year on the contract signed on 27 October 2025. The previous contract, from October 2022, was AED 90,000; the unit has been rented since October 2013.
How big is unit 508?
847 sqft (78.7 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2012.
What is unit 508 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 508, Standpoint Towers 1
Starts from the last sale price (AED 1.5M, 27 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →