1-bed · 847 sqftStandpoint Towers 1, Downtown Dubai · 7th floor · completed 2012

701, Standpoint Towers 1

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

Unit 701 · DLD and Ejari recordsUpdated 27 February 2025
Last soldAED 1.6M23 June 2013
Current rentAED 110K /yr27 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Standpoint Towers 1

What is 701 worth today?

Last sold for AED 1,600,000 in 2013

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27 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 129 per sqft
1 Oct 2023RentedRenewal
AED 78,500/yr12 months · AED 92 per sqft
1 Oct 2021RentedNew contract
AED 68,000/yr12 months · AED 80 per sqft
15 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
24 Aug 2016RentedNew contract
AED 97,000/yr12 months · AED 114 per sqft
15 Aug 2013RentedNew contract
AED 85,000/yr12 months · AED 100 per sqft
23 Jun 2013SoldOff-plan
AED 1,600,000AED 1,889 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,841,916AED 2,175 per sqft

Source: Dubai Land Department. Updated 27 February 2025.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
7th of 27
Parking
B2-2
Developer
Emaar
Completed
2012
Service charge
AED 18,900 /yr
Last sold
AED 1.6M · June 2013

About 701, Standpoint Towers 1

701 is a one-bedroom apartment of 847 sqft on the 7th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 23 June 2013 for AED 1,600,000, or AED 1,889 per sqft, in line with the AED 1,883 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 27 February 2025, is AED 110,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 18,900 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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 1,841,916 (AED 2,175 per sqft)Sold, June 2013: AED 1,600,000 (AED 1,889 per sqft)

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

Rents
Unit 701, 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, August 2013: AED 85,000 a yearNew contract, August 2016: AED 97,000 a yearNew contract, September 2019: AED 70,000 a yearNew contract, October 2021: AED 68,000 a yearRenewal, October 2023: AED 78,500 a yearNew contract, February 2025: AED 110,000 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 701 sits

All 204 1-beds →

701 last sold in June 2013 at AED 1,889 per sqft, in line with what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,883). 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. 701's AED 110,000 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 7th floor

All 344 units in Standpoint Towers 1
Value
7021-bedAED 1.7M · Aug 2023
7031-bedAED 1.02M · Nov 2019
7042-bedAED 2.95M · Nov 2014
7051-bedAED 1.4M · Jan 2024
7061-bedAED 1.6M · Jan 2014
7071-bedAED 1.65M · Apr 2024
7081-bedAED 1.54M · Feb 2017
1–7 of 12

701, Standpoint Towers 1 in numbers

  • Sold twice: first on 2 March 2010 for AED 1,841,916, last on 23 June 2013 for AED 1,600,000 (AED 1,889 per sqft).
  • Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 68,000 in 2021 and recovered to AED 110,000 by February 2025.
  • At AED 110,000 a year the gross yield on the 2013 price is 6.9%, 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 February 2025.

Questions about 701, Standpoint Towers 1

What did unit 701 last sell for?

AED 1,600,000 on 23 June 2013: AED 1,889 per sqft for 847 sqft. The unit has 2 registered sales; the first was AED 1,841,916 in March 2010.

What is the rent for unit 701?

AED 110,000 a year on the contract signed on 27 February 2025. The previous contract, from October 2023, was AED 78,500; the unit has been rented since August 2013.

How big is unit 701?

847 sqft (78.7 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2012.

What is unit 701 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 701, Standpoint Towers 1

Starts from the last sale price (AED 1.6M, 23 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →