1606, Standpoint Towers 2
Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Standpoint Towers 2
What is 1606 worth today?
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Source: Dubai Land Department. Updated 25 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 922 sqft
- Floor
- 16th of 19
- Parking
- B2-26
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 20,500 /yr
- Last sold
- AED 2.5M · September 2013
- Building
- Standpoint Towers 2
About 1606, Standpoint Towers 2
1606 is a one-bedroom apartment of 922 sqft on the 16th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 24 September 2013 for AED 2,496,666, or AED 2,707 per sqft, 43% above the AED 1,899 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 90,200 a year: a gross yield of 3.6% on the 2013 price, before the service charge of about AED 20,500 a year.
Sales and rents for 1606 over time
1606 has sold twice; 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 2, and where 1606 sits
All 88 1-beds →1606 last sold in September 2013 at AED 2,707 per sqft, 43% above what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,899). Over the last 12 months one-beds sold for AED 700,000 to 1,800,000, around AED 2,515 per sqft, and rent for AED 90,825 to 145,000 a year. 1606's AED 90,200 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 549 sqft | 700,000 | 1,275 | ||
| 20 Jan 202620 January 2026 | 274 sqft | 700,000 | 2,552 | ||
| 21 May 202521 May 2025 | 716 sqft | 1,820,000 | 2,543 | ||
| 14 Feb 202514 February 2025 | 716 sqft | 1,875,000 | 2,620 |
Standpoint Towers 2
Building190 apartments, studios to 3-bed over 19 floors in Downtown Dubai, completed in 2012 by Emaar. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,471
- Typical sale
- AED 1.25M
- Typical rent
- AED 121K /yr
- Typical yield
- 5.8%
Other units on the 16th floor
All 190 units in Standpoint Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,483 sqft | AED 4.4MAED 4,400,000 · Apr 2014April 2014 | 205,000 /yr | |
| 1602 | 3-bed | 1,475 sqft | AED 2.75MAED 2,752,800 · Sep 2013September 2013 | 230,000 /yr | |
| 1603 | 1-bed | 715 sqft | AED 1.7MAED 1,700,000 · Apr 2024April 2024 | 105,000 /yr | |
| 1604 | 2-bed | 1,031 sqft | AED 2.72MAED 2,718,666 · Nov 2013November 2013 | 155,000 /yr | |
| 1605 | 1-bed | 716 sqft | AED 1.98MAED 1,982,166 · Mar 2010March 2010 | 105,000 /yr | |
| 1607 | 527 sqft | AED 1.7MAED 1,700,000 · Oct 2025October 2025 | 60,499 /yr | ||
| 1608 | 3-bed | 1,818 sqft | AED 2.93MAED 2,930,000 · Dec 2017December 2017 | 170,000 /yr |
1606, Standpoint Towers 2 in numbers
- Sold twice: first on 2 March 2010 for AED 2,496,666, last on 24 September 2013 for AED 2,496,666 (AED 2,707 per sqft).
- Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2020 and recovered to AED 90,200 by August 2024.
- At AED 90,200 a year the gross yield on the 2013 price is 3.6%, before a service charge of about AED 20,500 a year (AED 22.27 per sqft).
- One-beds in Standpoint Towers 2 sold for AED 700,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,471 per sqft.
Source: Dubai Land Department. Updated 25 August 2024.
Questions about 1606, Standpoint Towers 2
What did unit 1606 last sell for?
AED 2,496,666 on 24 September 2013: AED 2,707 per sqft for 922 sqft. The unit has 2 registered sales; the first was AED 2,496,666 in March 2010.
What is the rent for unit 1606?
AED 90,200 a year on the contract renewed on 25 August 2024. The previous contract, from August 2022, was AED 74,800; the unit has been rented since April 2015.
How big is unit 1606?
922 sqft (85.7 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2012.
What is unit 1606 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 2 sold for AED 700,000 to 1,800,000 in the last 12 months, around AED 2,515 per sqft.
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Mortgage on 1606, Standpoint Towers 2
Starts from the last sale price (AED 2.5M, 24 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,496,666
- Deposit, UAE resident (20%)
- AED 499,333
- Deposit, non-resident (40%)
- AED 998,666
- Monthly over 25 years at 3.7%
- AED 10,215
Plus AED 109,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →