Studio · 447 sqftStandpoint Towers 1, Downtown Dubai · 2nd floor · completed 2012

208, Standpoint Towers 1

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 1.2M24 January 2024
Current rentAED 50K /yr25 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Standpoint Towers 1

What is 208 worth today?

Last sold for AED 1,200,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Jan 2024SoldReady
AED 1,200,000AED 2,684 per sqft
17 May 2023SoldReady
AED 1,100,000AED 2,460 per sqft
23 May 2021SoldReady
AED 750,000AED 1,677 per sqft
25 Apr 2020RentedRenewal
AED 50,000/yr12 months · AED 111 per sqft
25 Apr 2019RentedRenewal
AED 57,000/yr12 months · AED 126 per sqft
25 Apr 2018RentedNew contract
AED 62,000/yr12 months · AED 137 per sqft
19 Mar 2015RentedNew contract
AED 80,000/yr12 months · AED 177 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,137,666AED 2,544 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
2nd of 27
Parking
P3-32
Developer
Emaar
Completed
2012
Service charge
AED 10,000 /yr
Last sold
AED 1.2M · January 2024

About 208, Standpoint Towers 1

208 is a studio of 447 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 24 January 2024 for AED 1,200,000, or AED 2,684 per sqft, 9% above the AED 2,465 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 25 April 2020, is AED 50,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical studio in Standpoint Towers 1
750K1M1.25M2010201420182022Typical sale price by year: 2010 AED 1,166,541; 2013 AED 970,888; 2014 AED 1,234,944; 2015 AED 1,130,000; 2016 AED 1,150,000; 2023 AED 1,100,000; 2024 AED 1,169,000Sold by developer, March 2010: AED 1,137,666 (AED 2,544 per sqft)Sold, May 2021: AED 750,000 (AED 1,677 per sqft)Sold, May 2023: AED 1,100,000 (AED 2,460 per sqft)Sold, January 2024: AED 1,200,000 (AED 2,684 per sqft)

208 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 208, each contractTypical studio in Standpoint Towers 1
60K80K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 79,250; 2015 AED 82,000; 2016 AED 79,000; 2017 AED 70,000; 2018 AED 64,500; 2019 AED 57,000; 2020 AED 47,000; 2021 AED 50,000; 2022 AED 62,500; 2023 AED 73,000; 2024 AED 77,000; 2025 AED 80,000; 2026 AED 76,650New contract, March 2015: AED 80,000 a yearNew contract, April 2018: AED 62,000 a yearRenewal, April 2019: AED 57,000 a yearRenewal, April 2020: AED 50,000 a year

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

Studios in Standpoint Towers 1, and where 208 sits

All 24 studios →

208 last sold in January 2024 at AED 2,684 per sqft, 9% above what studios in Standpoint Towers 1 were fetching at the time (AED 2,465). Over the last 12 months studios sold for AED 1,100,000 to 1,250,000, around AED 2,536 per sqft, and rent for AED 67,000 to 85,000 a year. 208's AED 50,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jun 20261,100,000
4 May 20261,250,000
16 May 20251,200,000
6 Mar 20251,225,000
2 studio 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
2042-bedAED 2.13M · Sep 2013
2051-bedAED 1.65M · Aug 2013
206StudioAED 1.1M · Feb 2024
207StudioAED 1.14M · Oct 2013
1–7 of 15

208, Standpoint Towers 1 in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,137,666, last on 24 January 2024 for AED 1,200,000 (AED 2,684 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 10,000 a year (AED 22.27 per sqft).
  • Studios in Standpoint Towers 1 sold for AED 1,100,000–1,250,000 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 24 January 2024.

Questions about 208, Standpoint Towers 1

What did unit 208 last sell for?

AED 1,200,000 on 24 January 2024: AED 2,684 per sqft for 447 sqft. The unit has 4 registered sales; the first was AED 1,137,666 in March 2010.

What is the rent for unit 208?

AED 50,000 a year on the contract renewed on 25 April 2020. The previous contract, from April 2019, was AED 57,000; the unit has been rented since March 2015.

How big is unit 208?

447 sqft (41.5 sqm): a studio on the 2nd floor of a 27-storey tower completed in 2012.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Standpoint Towers 1 sold for AED 1,100,000 to 1,250,000 in the last 12 months, around AED 2,536 per sqft.

Selling 208? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 208, Standpoint Towers 1

Starts from the last sale price (AED 1.2M, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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