2-bed · 1,323 sqftStandpoint Towers 1, Downtown Dubai · 2nd floor · completed 2012

204, 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 204 · DLD and Ejari recordsUpdated 23 December 2023
Last soldAED 2.13M3 September 2013
Current rentAED 132K /yr23 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Standpoint Towers 1

What is 204 worth today?

Last sold for AED 2,128,888 in 2013

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23 Dec 2023RentedRenewal
AED 132,000/yr12 months · AED 100 per sqft
23 Dec 2022RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
17 Dec 2021RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
21 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
28 May 2018RentedRenewal
AED 138,000/yr12 months · AED 104 per sqft
28 May 2017RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
29 Jun 2016RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
13 Sep 2015RentedRenewal
AED 180,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 23 December 2023.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
2nd of 27
Parking
B1-104
Developer
Emaar
Completed
2012
Service charge
AED 29,500 /yr
Last sold
AED 2.13M · September 2013

About 204, Standpoint Towers 1

204 is a two-bedroom apartment of 1,323 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 3 September 2013 for AED 2,128,888, or AED 1,608 per sqft, 14% below the AED 1,863 two-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 23 December 2023, is AED 132,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 29,500 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, February 2013: AED 2,128,888 (AED 1,608 per sqft)Sold, September 2013: AED 2,128,888 (AED 1,608 per sqft)

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

Rents
Unit 204, 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, September 2013: AED 180,000 a yearNew contract, September 2014: AED 180,000 a yearRenewal, September 2015: AED 180,000 a yearNew contract, June 2016: AED 160,000 a yearNew contract, May 2017: AED 150,000 a yearRenewal, May 2018: AED 138,000 a yearNew contract, August 2019: AED 120,000 a yearNew contract, December 2021: AED 120,000 a yearNew contract, December 2022: AED 120,000 a yearRenewal, December 2023: AED 132,000 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 204 sits

All 100 2-beds →

204 last sold in September 2013 at AED 1,608 per sqft, 14% below what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,863). 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. 204's AED 132,000 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 2nd floor

All 344 units in Standpoint Towers 1
Value
2011-bedAED 1.88M · Nov 2014
2021-bedAED 1.68M · Feb 2014
2031-bedAED 2.03M · 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

204, Standpoint Towers 1 in numbers

  • Sold twice: first on 12 February 2013 for AED 2,128,888, last on 3 September 2013 for AED 2,128,888 (AED 1,608 per sqft).
  • Rented since September 2013 on 10 Ejari contracts, from AED 180,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 29,500 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 23 December 2023.

Questions about 204, Standpoint Towers 1

What did unit 204 last sell for?

AED 2,128,888 on 3 September 2013: AED 1,608 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 2,128,888 in February 2013.

What is the rent for unit 204?

AED 132,000 a year on the contract renewed on 23 December 2023. The previous contract, from December 2022, was AED 120,000; the unit has been rented since September 2013.

How big is unit 204?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2012.

What is unit 204 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 204, Standpoint Towers 1

Starts from the last sale price (AED 2.13M, 3 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,128,888
Deposit, UAE resident (20%)
AED 425,778
Deposit, non-resident (40%)
AED 851,555
Monthly over 25 years at 3.7%
AED 8,710

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