2402, Standpoint Towers 1
Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2402, Standpoint Towers 1
What is 2402 worth today?
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Source: Dubai Land Department. Updated 18 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,233 sqft
- Floor
- 24th of 27
- Parking
- B2-54
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 27,500 /yr
- Last sold
- AED 2.19M · May 2023
- Building
- Standpoint Towers 1
About 2402, Standpoint Towers 1
2402 is a two-bedroom apartment of 1,233 sqft on the 24th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 18 May 2023 for AED 2,190,000, or AED 1,775 per sqft, 4% above the AED 1,707 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 8 April 2022, is AED 84,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 27,500 a year.
Sales and rents for 2402 over time
2402 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 2402 sits
All 100 2-beds →2402 last sold in May 2023 at AED 1,775 per sqft, 4% above what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,707). 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. 2402's AED 84,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,209 sqft | 2,850,000 | 2,357 | ||
| 5 Oct 20265 October 2026 | 1,171 sqft | 2,350,000 | 2,006 | ||
| 19 Aug 202619 August 2026 | 1,171 sqft | 2,550,000 | 2,176 | ||
| 3 Jul 20263 July 2026 | 1,171 sqft | 2,600,000 | 2,219 |
Standpoint Towers 1
Building344 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%
Other units on the 24th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 847 sqft | AED 1.78MAED 1,780,000 · Nov 2024November 2024 | 80,000 /yr | |
| 2403 | 3-bed | 1,672 sqft | AED 3.6MAED 3,600,000 · Jan 2025January 2025 | 189,000 /yr | |
| 2404 | 1-bed | 989 sqft | AED 1.75MAED 1,750,000 · May 2024May 2024 | 85,000 /yr | |
| 2405 | 1-bed | 887 sqft | AED 1.5MAED 1,499,888 · Jun 2015June 2015 | 170,000 /yr | |
| 2406 | 1-bed | 789 sqft | AED 1.38MAED 1,375,000 · Feb 2018February 2018 | 130,000 /yr | |
| 2407 | 1-bed | 961 sqft | AED 1.7MAED 1,700,000 · Apr 2023April 2023 | 100,000 /yr | |
| 2408 | 3-bed | 1,672 sqft | AED 2.69MAED 2,693,888 · Sep 2013September 2013 | 215,000 /yr | |
| 2409 | 2-bed | 1,229 sqft | AED 2.2MAED 2,200,000 · Feb 2023February 2023 | 80,000 /yr | |
| 2410 | 2-bed | 1,171 sqft | AED 1.86MAED 1,860,000 · May 2022May 2022 | 140,000 /yr |
2402, Standpoint Towers 1 in numbers
- Sold 3 times: first on 2 March 2010 for AED 2,442,666, last on 18 May 2023 for AED 2,190,000 (AED 1,775 per sqft).
- Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 75,000 in 2021 and recovered to AED 84,000 by April 2022.
- At AED 84,000 a year the gross yield on the 2023 price is 3.8%, 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 18 May 2023.
Questions about 2402, Standpoint Towers 1
What did unit 2402 last sell for?
AED 2,190,000 on 18 May 2023: AED 1,775 per sqft for 1,233 sqft. The unit has 3 registered sales; the first was AED 2,442,666 in March 2010.
What is the rent for unit 2402?
AED 84,000 a year on the contract renewed on 8 April 2022. The previous contract, from April 2021, was AED 75,000; the unit has been rented since October 2013.
How big is unit 2402?
1,233 sqft (114.5 sqm): a two-bedroom apartment on the 24th floor of a 27-storey tower completed in 2012.
What is unit 2402 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 2402, Standpoint Towers 1
Starts from the last sale price (AED 2.19M, 18 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,190,000
- Deposit, UAE resident (20%)
- AED 438,000
- Deposit, non-resident (40%)
- AED 876,000
- Monthly over 25 years at 3.7%
- AED 8,960
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →