2404, Standpoint Towers 1
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2404, Standpoint Towers 1
What is 2404 worth today?
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Source: Dubai Land Department. Updated 9 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 989 sqft
- Floor
- 24th of 27
- Parking
- P1-1
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.75M · May 2024
- Building
- Standpoint Towers 1
About 2404, Standpoint Towers 1
2404 is a one-bedroom apartment of 989 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 9 May 2024 for AED 1,750,000, or AED 1,769 per sqft, 12% below the AED 2,007 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 5 October 2021, is AED 85,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 22,000 a year.
Sales and rents for 2404 over time
2404 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Standpoint Towers 1, and where 2404 sits
All 214 1-beds →2404 last sold in May 2024 at AED 1,769 per sqft, 12% below what one-beds in Standpoint Towers 1 were fetching at the time (AED 2,007). Over the last 12 months one-beds sold for AED 1,500,000 to 2,225,000, around AED 2,254 per sqft, and rent for AED 70,000 to 170,000 a year. 2404's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 714 sqft | 2,000,000 | 2,802 | ||
| 1 Oct 20261 October 2026 | 792 sqft | 1,800,000 | 2,271 | ||
| 5 Aug 20265 August 2026 | 829 sqft | 2,010,000 | 2,423 | ||
| 5 Aug 20265 August 2026 | 792 sqft | 51,152 | 64 |
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 | |
| 2402 | 2-bed | 1,233 sqft | AED 2.19MAED 2,190,000 · May 2023May 2023 | 84,000 /yr | |
| 2403 | 3-bed | 1,672 sqft | AED 3.6MAED 3,600,000 · Jan 2025January 2025 | 189,000 /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 |
2404, Standpoint Towers 1 in numbers
- Sold twice: first on 22 August 2013 for AED 1,528,888, last on 9 May 2024 for AED 1,750,000 (AED 1,769 per sqft).
- Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 70,000 in 2020 and recovered to AED 85,000 by October 2021.
- At AED 85,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 22,000 a year (AED 22.27 per sqft).
- One-beds in Standpoint Towers 1 sold for AED 1,500,000–2,225,000 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 9 May 2024.
Questions about 2404, Standpoint Towers 1
What did unit 2404 last sell for?
AED 1,750,000 on 9 May 2024: AED 1,769 per sqft for 989 sqft. The unit has 2 registered sales; the first was AED 1,528,888 in August 2013.
What is the rent for unit 2404?
AED 85,000 a year on the contract signed on 5 October 2021. The previous contract, from August 2020, was AED 70,000; the unit has been rented since March 2015.
How big is unit 2404?
989 sqft (91.9 sqm): a one-bedroom apartment on the 24th floor of a 27-storey tower completed in 2012.
What is unit 2404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Standpoint Towers 1 sold for AED 1,500,000 to 2,225,000 in the last 12 months, around AED 2,254 per sqft.
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Mortgage on 2404, Standpoint Towers 1
Starts from the last sale price (AED 1.75M, 9 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →