2-bed · 1,171 sqftStandpoint Towers 1, Downtown Dubai · 2nd floor · completed 2012

216, Standpoint Towers 1

Sold prices and rental history: sold 4 times, last in February 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 4 April 2025
Last soldAED 2.65M12 February 2014
Current rentAED 170K /yr4 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Standpoint Towers 1

What is 216 worth today?

Last sold for AED 2,650,000 in 2014

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4 Apr 2025RentedRenewal
AED 170,000/yr12 months · AED 145 per sqft
4 Apr 2025RentedRenewal
AED 170,000/yr12 months · AED 145 per sqft
4 Apr 2024RentedRenewal
AED 162,750/yr12 months · AED 139 per sqft
4 Apr 2024RentedRenewal
AED 162,750/yr12 months · AED 139 per sqft
4 Apr 2023RentedNew contract
AED 155,000/yr12 months · AED 132 per sqft
23 Jan 2021RentedRenewal
AED 90,000/yr12 months · AED 77 per sqft
23 Jan 2020RentedNew contract
AED 95,000/yr12 months · AED 81 per sqft
20 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 4 April 2025.

Key facts

Type
2-bed apartment
Size
1,171 sqft
Floor
2nd of 27
Parking
B1-114
Developer
Emaar
Completed
2012
Service charge
AED 26,100 /yr
Last sold
AED 2.65M · February 2014

About 216, Standpoint Towers 1

216 is a two-bedroom apartment of 1,171 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 12 February 2014 for AED 2,650,000, or AED 2,262 per sqft, 14% above the AED 1,980 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 4 April 2025, is AED 170,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 26,100 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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 2,162,166 (AED 1,845 per sqft)Sold, May 2013: AED 2,115,000 (AED 1,805 per sqft)Sold, January 2014: AED 2,115,000 (AED 1,805 per sqft)Sold, February 2014: AED 2,650,000 (AED 2,262 per sqft)

216 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 216, 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, November 2018: AED 120,000 a yearNew contract, January 2020: AED 95,000 a yearRenewal, January 2021: AED 90,000 a yearNew contract, April 2023: AED 155,000 a yearRenewal, April 2024: AED 162,750 a yearRenewal, April 2024: AED 162,750 a yearRenewal, April 2025: AED 170,000 a yearRenewal, April 2025: AED 170,000 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 216 sits

All 100 2-beds →

216 last sold in February 2014 at AED 2,262 per sqft, 14% above what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,980). 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. 216's AED 170,000 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
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

216, Standpoint Towers 1 in numbers

  • Sold 4 times: first on 2 March 2010 for AED 2,162,166, last on 12 February 2014 for AED 2,650,000 (AED 2,262 per sqft).
  • Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2021 and recovered to AED 170,000 by April 2025.
  • At AED 170,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 26,100 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 4 April 2025.

Questions about 216, Standpoint Towers 1

What did unit 216 last sell for?

AED 2,650,000 on 12 February 2014: AED 2,262 per sqft for 1,171 sqft. The unit has 4 registered sales; the first was AED 2,162,166 in March 2010.

What is the rent for unit 216?

AED 170,000 a year on the contract renewed on 4 April 2025. The previous contract, from April 2025, was AED 170,000; the unit has been rented since November 2018.

How big is unit 216?

1,171 sqft (108.8 sqm): a two-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2012.

What is unit 216 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 216, Standpoint Towers 1

Starts from the last sale price (AED 2.65M, 12 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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