2-bed · 1,199 sqftStandpoint Towers 1, Downtown Dubai · 17th floor · completed 2012

1704, Standpoint Towers 1

Sold prices and rental history: sold 6 times, last in August 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 2.2M1 August 2023
Current rentAED 135K /yr4 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Standpoint Towers 1

What is 1704 worth today?

Last sold for AED 2,200,000 in 2023

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1 Aug 2023SoldReady
AED 2,200,000AED 1,835 per sqft
4 Nov 2022RentedNew contract
AED 135,000/yr12 months · AED 113 per sqft
30 Jul 2021RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
10 Jan 2021RentedNew contract
AED 83,000/yr21 months · AED 69 per sqft
8 Aug 2016SoldReady
AED 2,575,000AED 2,148 per sqft
12 Apr 2016SoldReady
AED 2,250,000AED 1,877 per sqft
30 Mar 2014SoldReady
AED 2,760,000AED 2,302 per sqft
3 Sep 2013SoldReady
AED 2,753,916AED 2,297 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
17th of 27
Parking
B1-123
Developer
Emaar
Completed
2012
Service charge
AED 26,700 /yr
Last sold
AED 2.2M · August 2023

About 1704, Standpoint Towers 1

1704 is a two-bedroom apartment of 1,199 sqft on the 17th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 1 August 2023 for AED 2,200,000, or AED 1,835 per sqft, 5% above the AED 1,741 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 4 November 2022, is AED 135,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 26,700 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Standpoint Towers 1
2M3M2009201420192024Typical sale price by year: 2009 AED 2,897,902; 2010 AED 2,357,166; 2012 AED 2,475,144; 2013 AED 2,442,666; 2014 AED 2,922,500; 2015 AED 3,162,388; 2016 AED 2,700,000; 2017 AED 2,437,500; 2018 AED 2,050,000; 2021 AED 1,800,000; 2022 AED 2,000,000; 2023 AED 2,525,000; 2024 AED 2,387,500; 2025 AED 3,000,000; 2026 AED 2,725,000Sold by developer, March 2010: AED 2,753,916 (AED 2,297 per sqft)Sold, September 2013: AED 2,753,916 (AED 2,297 per sqft)Sold, March 2014: AED 2,760,000 (AED 2,302 per sqft)Sold, April 2016: AED 2,250,000 (AED 1,877 per sqft)Sold, August 2016: AED 2,575,000 (AED 2,148 per sqft)Sold, August 2023: AED 2,200,000 (AED 1,835 per sqft)

1704 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Standpoint Towers 1
100K150K2013201720212025Typical rent by year: 2013 AED 142,500; 2014 AED 167,500; 2015 AED 160,000; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 112,000; 2023 AED 135,000; 2024 AED 149,250; 2025 AED 160,000; 2026 AED 145,250New contract, January 2021: AED 83,000 a yearNew contract, July 2021: AED 80,000 a yearNew contract, November 2022: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Standpoint Towers 1, and where 1704 sits

All 100 2-beds →

1704 last sold in August 2023 at AED 1,835 per sqft, 5% above what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,741). Over the last 12 months two-beds sold for AED 2,350,000 to 4,100,000, around AED 2,219 per sqft, and rent for AED 45,000 to 360,000 a year. 1704's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20262,850,000
5 Oct 20262,350,000
19 Aug 20262,550,000
3 Jul 20262,600,000
10 2-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. 24 sold in the last 12 months.

Typical price per sqft
AED 2,271 Down 3.0%
Typical sale
AED 2.15M
Typical rent
AED 110K /yr
Typical yield
5.7%
Standpoint Towers 1, Downtown Dubai: prices, sales and rents →

Other units on the 17th floor

All 344 units in Standpoint Towers 1
Value
17011-bedAED 1.57M · Feb 2014
17021-bedAED 1.85M · Sep 2024
17031-bedAED 1.85M · Jun 2026
17051-bedAED 1.76M · Sep 2013
17061-bedAED 1.75M · Feb 2014
17071-bedAED 1.45M · Jul 2022
17081-bedAED 1.16M · Jan 2019
1–7 of 12

1704, Standpoint Towers 1 in numbers

  • Sold 6 times: first on 2 March 2010 for AED 2,753,916, last on 1 August 2023 for AED 2,200,000 (AED 1,835 per sqft).
  • Rented since January 2021 on 3 Ejari contracts, from AED 83,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 26,700 a year (AED 22.27 per sqft).
  • Two-beds in Standpoint Towers 1 sold for AED 2,350,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,271 per sqft.

Source: Dubai Land Department. Updated 1 August 2023.

Questions about 1704, Standpoint Towers 1

What did unit 1704 last sell for?

AED 2,200,000 on 1 August 2023: AED 1,835 per sqft for 1,199 sqft. The unit has 6 registered sales; the first was AED 2,753,916 in March 2010.

What is the rent for unit 1704?

AED 135,000 a year on the contract signed on 4 November 2022. The previous contract, from July 2021, was AED 80,000; the unit has been rented since January 2021.

How big is unit 1704?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 17th floor of a 27-storey tower completed in 2012.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Standpoint Towers 1 sold for AED 2,350,000 to 4,100,000 in the last 12 months, around AED 2,219 per sqft.

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Mortgage on 1704, Standpoint Towers 1

Starts from the last sale price (AED 2.2M, 1 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →