1-bed · 829 sqftStandpoint Towers 1, Downtown Dubai · 6th floor · completed 2012

602, Standpoint Towers 1

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

Unit 602 · DLD and Ejari recordsUpdated 29 January 2023
Last soldAED 1.68M24 September 2013
Current rentAED 77K /yr29 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Standpoint Towers 1

What is 602 worth today?

Last sold for AED 1,680,666 in 2013

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29 Jan 2023RentedRenewal
AED 77,000/yr12 months · AED 93 per sqft
29 Jan 2022RentedRenewal
AED 70,000/yr12 months · AED 84 per sqft
29 Jan 2020RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
11 Jan 2019RentedRenewal
AED 85,000/yr12 months · AED 103 per sqft
11 Jan 2018RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
7 Dec 2016RentedRenewal
AED 115,000/yr12 months · AED 139 per sqft
7 Dec 2015RentedRenewal
AED 115,000/yr12 months · AED 139 per sqft
7 Dec 2014RentedNew contract
AED 115,000/yr12 months · AED 139 per sqft

Source: Dubai Land Department. Updated 29 January 2023.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
6th of 27
Parking
B3-106
Developer
Emaar
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.68M · September 2013

About 602, Standpoint Towers 1

602 is a one-bedroom apartment of 829 sqft on the 6th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 24 September 2013 for AED 1,680,666, or AED 2,026 per sqft, 6% above the AED 1,915 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 29 January 2023, is AED 77,000 a year: a gross yield of 4.6% on the 2013 price, before the service charge of about AED 18,500 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, March 2010: AED 1,680,666 (AED 2,026 per sqft)Sold, September 2013: AED 1,680,666 (AED 2,026 per sqft)

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

Rents
Unit 602, each contractTypical one-bed in Standpoint Towers 1
75K100K125K2013201720212025Typical 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, July 2013: AED 90,000 a yearNew contract, July 2014: AED 120,000 a yearNew contract, December 2014: AED 115,000 a yearRenewal, December 2015: AED 115,000 a yearRenewal, December 2016: AED 115,000 a yearNew contract, January 2018: AED 85,000 a yearRenewal, January 2019: AED 85,000 a yearNew contract, January 2020: AED 70,000 a yearRenewal, January 2022: AED 70,000 a yearRenewal, January 2023: AED 77,000 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 602 sits

All 204 1-beds →

602 last sold in September 2013 at AED 2,026 per sqft, 6% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,915). 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. 602's AED 77,000 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 6th floor

All 344 units in Standpoint Towers 1
Value
6011-bedAED 1.7M · Mar 2024
6031-bedAED 1.51M · Sep 2024
6042-bedAED 1.99M · Sep 2013
6051-bedAED 2.03M · Aug 2024
6061-bedAED 1.17M · Oct 2022
6071-bedAED 1.15M · Dec 2019
6081-bedAED 1.5M · Jan 2017
1–7 of 12

602, Standpoint Towers 1 in numbers

  • Sold twice: first on 2 March 2010 for AED 1,680,666, last on 24 September 2013 for AED 1,680,666 (AED 2,026 per sqft).
  • Rented since July 2013 on 10 Ejari contracts, from AED 90,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2013 price is 4.6%, 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 29 January 2023.

Questions about 602, Standpoint Towers 1

What did unit 602 last sell for?

AED 1,680,666 on 24 September 2013: AED 2,026 per sqft for 829 sqft. The unit has 2 registered sales; the first was AED 1,680,666 in March 2010.

What is the rent for unit 602?

AED 77,000 a year on the contract renewed on 29 January 2023. The previous contract, from January 2022, was AED 70,000; the unit has been rented since July 2013.

How big is unit 602?

829 sqft (77.0 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2012.

What is unit 602 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 602, Standpoint Towers 1

Starts from the last sale price (AED 1.68M, 24 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,666
Deposit, UAE resident (20%)
AED 336,133
Deposit, non-resident (40%)
AED 672,266
Monthly over 25 years at 3.7%
AED 6,876

Plus AED 75,598 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →