1-bed · 829 sqftStandpoint Towers 1, Downtown Dubai · 2nd floor · completed 2012

202, Standpoint Towers 1

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 20 December 2018
Last soldAED 1.68M25 February 2014
Current rentAED 75K /yr20 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Standpoint Towers 1

What is 202 worth today?

Last sold for AED 1,675,000 in 2014

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20 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
1 Jul 2017RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
1 Jul 2016RentedRenewal
AED 90,000/yr12 months · AED 109 per sqft
1 Jun 2015RentedNew contract
AED 92,593/yr13 months · AED 112 per sqft
23 Apr 2014RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
25 Feb 2014SoldReady
AED 1,675,000AED 2,020 per sqft
30 Sep 2013Sold by developerReady
AED 1,550,888AED 1,870 per sqft

Source: Dubai Land Department. Updated 20 December 2018.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
2nd of 27
Parking
B3-53
Developer
Emaar
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.68M · February 2014

About 202, Standpoint Towers 1

202 is a one-bedroom apartment of 829 sqft on the 2nd floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 25 February 2014 for AED 1,675,000, or AED 2,020 per sqft, 4% above the AED 1,940 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 December 2018, is AED 75,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 18,500 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical one-bed in Standpoint Towers 1
1M2M2009201420192024Typical sale price by year: 2009 AED 2,355,888; 2010 AED 1,823,166; 2012 AED 1,460,388; 2013 AED 1,568,888; 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 1,504,913; 2024 AED 1,750,000; 2025 AED 1,912,500; 2026 AED 2,000,000Sold by developer, September 2013: AED 1,550,888 (AED 1,870 per sqft)Sold, February 2014: AED 1,675,000 (AED 2,020 per sqft)

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

Rents
Unit 202, each contractTypical one-bed in Standpoint Towers 1
60K80K100K2013201720212025Typical rent by year: 2013 AED 92,000; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 87,500; 2019 AED 76,500; 2020 AED 68,750; 2021 AED 66,000; 2022 AED 78,750; 2023 AED 90,527; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 105,000New contract, April 2014: AED 100,000 a yearNew contract, June 2015: AED 92,593 a yearRenewal, July 2016: AED 90,000 a yearNew contract, July 2017: AED 90,000 a yearNew contract, December 2018: AED 75,000 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 202 sits

All 214 1-beds →

202 last sold in February 2014 at AED 2,020 per sqft, 4% above what one-beds in Standpoint Towers 1 were fetching at the time (AED 1,940). Over the last 12 months one-beds sold for AED 1,500,000 to 2,225,000, around AED 2,254 per sqft, and rent for AED 70,000 to 170,000 a year. 202's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 20262,000,000
1 Oct 20261,800,000
5 Aug 20262,010,000
5 Aug 202651,152
12 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. 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 2nd floor

All 344 units in Standpoint Towers 1
Value
2011-bedAED 1.88M · Nov 2014
2031-bedAED 2.03M · Sep 2013
2042-bedAED 2.13M · Sep 2013
2051-bedAED 1.65M · Aug 2013
206StudioAED 1.1M · Feb 2024
207StudioAED 1.14M · Oct 2013
208StudioAED 1.2M · Jan 2024
1–7 of 15

202, Standpoint Towers 1 in numbers

  • Sold twice: first on 30 September 2013 for AED 1,550,888, last on 25 February 2014 for AED 1,675,000 (AED 2,020 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 100,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 4.5%, 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 1,500,000–2,225,000 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 20 December 2018.

Questions about 202, Standpoint Towers 1

What did unit 202 last sell for?

AED 1,675,000 on 25 February 2014: AED 2,020 per sqft for 829 sqft. The unit has 2 registered sales; the first was AED 1,550,888 in September 2013.

What is the rent for unit 202?

AED 75,000 a year on the contract signed on 20 December 2018. The previous contract, from July 2017, was AED 90,000; the unit has been rented since April 2014.

How big is unit 202?

829 sqft (77.0 sqm): a one-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2012.

What is unit 202 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 1,500,000 to 2,225,000 in the last 12 months, around AED 2,254 per sqft.

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Mortgage on 202, Standpoint Towers 1

Starts from the last sale price (AED 1.68M, 25 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

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