2-bed · 1,171 sqftStandpoint Towers 1, Downtown Dubai · 26th floor · completed 2012

2608, Standpoint Towers 1

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2608 · DLD and Ejari recordsUpdated 5 January 2024
Last soldAED 1.9M3 October 2013
Current rentAED 180K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2608, Standpoint Towers 1

What is 2608 worth today?

Last sold for AED 1,896,888 in 2013

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5 Jan 2024RentedRenewal
AED 180,000/yr12 months · AED 153 per sqft
5 Jan 2023RentedNew contract
AED 180,000/yr12 months · AED 153 per sqft
29 Sep 2021RentedNew contract
AED 120,000/yr12 months · AED 102 per sqft
20 Nov 2015RentedNew contract
AED 165,000/yr12 months · AED 141 per sqft
5 Feb 2014RentedNew contract
AED 175,000/yr12 months · AED 149 per sqft
3 Oct 2013SoldReady
AED 1,896,888AED 1,619 per sqft
26 Jun 2013Sold by developerOff-plan
AED 1,896,888AED 1,619 per sqft

Source: Dubai Land Department. Updated 5 January 2024.

Key facts

Type
2-bed apartment
Size
1,171 sqft
Floor
26th of 27
Parking
B2-65, B2-48
Developer
Emaar
Completed
2012
Service charge
AED 26,100 /yr
Last sold
AED 1.9M · October 2013

About 2608, Standpoint Towers 1

2608 is a two-bedroom apartment of 1,171 sqft on the 26th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 3 October 2013 for AED 1,896,888, or AED 1,619 per sqft, 13% below the AED 1,870 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 5 January 2024, is AED 180,000 a year: a gross yield of 9.5% on the 2013 price, before the service charge of about AED 26,100 a year.

Sales and rents for 2608 over time

Sales
Unit 2608, 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, June 2013: AED 1,896,888 (AED 1,619 per sqft)Sold, October 2013: AED 1,896,888 (AED 1,619 per sqft)

2608 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2608, 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, February 2014: AED 175,000 a yearNew contract, November 2015: AED 165,000 a yearNew contract, September 2021: AED 120,000 a yearNew contract, January 2023: AED 180,000 a yearRenewal, January 2024: AED 180,000 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 2608 sits

All 100 2-beds →

2608 last sold in October 2013 at AED 1,619 per sqft, 13% below what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,870). 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. 2608's AED 180,000 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 26th floor

All 344 units in Standpoint Towers 1
Value
26011-bedAED 1.8M · Jun 2024
26021-bedAED 1.38M · Nov 2022
26032-bedAED 3.25M · May 2023
26041-bedAED 1.43M · Oct 2013
26053-bedAED 4.55M · Nov 2013
26062-bedAED 4M · Mar 2025
26071-bedAED 1.9M · Jul 2013

2608, Standpoint Towers 1 in numbers

  • Sold twice: first on 26 June 2013 for AED 1,896,888, last on 3 October 2013 for AED 1,896,888 (AED 1,619 per sqft).
  • Rented since February 2014 on 5 Ejari contracts. The rent fell from AED 175,000 to AED 120,000 in 2021 and recovered to AED 180,000 by January 2024.
  • At AED 180,000 a year the gross yield on the 2013 price is 9.5%, 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 5 January 2024.

Questions about 2608, Standpoint Towers 1

What did unit 2608 last sell for?

AED 1,896,888 on 3 October 2013: AED 1,619 per sqft for 1,171 sqft. The unit has 2 registered sales; the first was AED 1,896,888 in June 2013.

What is the rent for unit 2608?

AED 180,000 a year on the contract renewed on 5 January 2024. The previous contract, from January 2023, was AED 180,000; the unit has been rented since February 2014.

How big is unit 2608?

1,171 sqft (108.8 sqm): a two-bedroom apartment on the 26th floor of a 27-storey tower completed in 2012.

What is unit 2608 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 2608, Standpoint Towers 1

Starts from the last sale price (AED 1.9M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,896,888
Deposit, UAE resident (20%)
AED 379,378
Deposit, non-resident (40%)
AED 758,755
Monthly over 25 years at 3.7%
AED 7,761

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