2-bed · 1,234 sqftStandpoint Towers 1, Downtown Dubai · 22nd floor · completed 2012

2204, Standpoint Towers 1

Sold prices and rental history: sold 5 times, last in June 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 2.23M25 June 2024
Current rentAED 205K /yr22 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Standpoint Towers 1

What is 2204 worth today?

Last sold for AED 2,225,000 in 2024

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25 Jun 2024SoldReady
AED 2,225,000AED 1,802 per sqft
17 May 2017SoldReady
AED 2,450,000AED 1,984 per sqft
22 Jul 2016RentedRenewal
AED 204,750/yr12 months · AED 165 per sqft
22 Jul 2015RentedNew contract
AED 204,750/yr12 months · AED 165 per sqft
22 Jul 2014RentedNew contract
AED 195,000/yr12 months · AED 158 per sqft
19 Sep 2013SoldReady
AED 2,600,000AED 2,106 per sqft
12 Sep 2013SoldReady
AED 2,257,888AED 1,829 per sqft
31 Jul 2013Sold by developerOff-plan
AED 2,257,888AED 1,829 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
2-bed apartment
Size
1,234 sqft
Floor
22nd of 27
Parking
B1-146
Developer
Emaar
Completed
2012
Service charge
AED 27,500 /yr
Last sold
AED 2.23M · June 2024

About 2204, Standpoint Towers 1

2204 is a two-bedroom apartment of 1,234 sqft on the 22nd floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 25 June 2024 for AED 2,225,000, or AED 1,802 per sqft, 5% below the AED 1,894 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 22 July 2016, is AED 204,750 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 27,500 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, 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, July 2013: AED 2,257,888 (AED 1,829 per sqft)Sold, September 2013: AED 2,600,000 (AED 2,106 per sqft)Sold, September 2013: AED 2,257,888 (AED 1,829 per sqft)Sold, May 2017: AED 2,450,000 (AED 1,984 per sqft)Sold, June 2024: AED 2,225,000 (AED 1,802 per sqft)

2204 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2204, each contractTypical two-bed in Standpoint Towers 1
100K200K2013201720212025Typical 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, July 2014: AED 195,000 a yearNew contract, July 2015: AED 204,750 a yearRenewal, July 2016: AED 204,750 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 2204 sits

All 100 2-beds →

2204 last sold in June 2024 at AED 1,802 per sqft, 5% below what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,894). 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. 2204's AED 204,750 is in the upper 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 22nd floor

All 344 units in Standpoint Towers 1
Value
22011-bedAED 1.2M · Apr 2019
22021-bedAED 1.58M · Aug 2013
22031-bedAED 1.55M · Feb 2014
22052-bedAED 3.45M · Jan 2026
22061-bedAED 1.6M · Sep 2013
22071-bedAED 1.86M · Mar 2025
22081-bedAED 2.01M · Apr 2014
1–7 of 11

2204, Standpoint Towers 1 in numbers

  • Sold 5 times: first on 31 July 2013 for AED 2,257,888, last on 25 June 2024 for AED 2,225,000 (AED 1,802 per sqft).
  • Rented since July 2014 on 3 Ejari contracts, from AED 195,000 to AED 204,750 a year.
  • At AED 204,750 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 27,500 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 25 June 2024.

Questions about 2204, Standpoint Towers 1

What did unit 2204 last sell for?

AED 2,225,000 on 25 June 2024: AED 1,802 per sqft for 1,234 sqft. The unit has 5 registered sales; the first was AED 2,257,888 in July 2013.

What is the rent for unit 2204?

AED 204,750 a year on the contract renewed on 22 July 2016. The previous contract, from July 2015, was AED 204,750; the unit has been rented since July 2014.

How big is unit 2204?

1,234 sqft (114.6 sqm): a two-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2012.

What is unit 2204 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 2204, Standpoint Towers 1

Starts from the last sale price (AED 2.23M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

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