2-bed · 1,323 sqftStandpoint Towers 1, Downtown Dubai · 4th floor · completed 2012

404, Standpoint Towers 1

Sold prices and rental history: sold 3 times, last in October 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 May 2015
Last soldAED 2.13M3 October 2013
Current rentAED 140K /yr15 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Standpoint Towers 1

What is 404 worth today?

Last sold for AED 2,133,888 in 2013

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15 May 2015RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
29 Jan 2014RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
3 Oct 2013SoldReady
AED 2,133,888AED 1,612 per sqft
23 May 2013SoldOff-plan
AED 2,240,583AED 1,693 per sqft
25 Apr 2013Sold by developerOff-plan
AED 2,133,888AED 1,612 per sqft

Source: Dubai Land Department. Updated 15 May 2015.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
4th of 27
Parking
B1-106
Developer
Emaar
Completed
2012
Service charge
AED 29,500 /yr
Last sold
AED 2.13M · October 2013

About 404, Standpoint Towers 1

404 is a two-bedroom apartment of 1,323 sqft on the 4th 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 2,133,888, or AED 1,612 per sqft, 14% below the AED 1,870 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 15 May 2015, is AED 140,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 29,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, April 2013: AED 2,133,888 (AED 1,612 per sqft)Sold, May 2013: AED 2,240,583 (AED 1,693 per sqft)Sold, October 2013: AED 2,133,888 (AED 1,612 per sqft)

404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, 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, January 2014: AED 150,000 a yearNew contract, May 2015: AED 140,000 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 404 sits

All 100 2-beds →

404 last sold in October 2013 at AED 1,612 per sqft, 14% 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. 404's AED 140,000 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 4th floor

All 344 units in Standpoint Towers 1
Value
4011-bedAED 2.11M · Sep 2013
4021-bedAED 1M · Jun 2022
4031-bedAED 1.47M · Jun 2018
4051-bedAED 1.1M · Aug 2022
406StudioAED 500K · Sep 2020
407StudioAED 1.23M · Mar 2010
408StudioAED 1.23M · Mar 2025
1–7 of 15

404, Standpoint Towers 1 in numbers

  • Sold 3 times: first on 25 April 2013 for AED 2,133,888, last on 3 October 2013 for AED 2,133,888 (AED 1,612 per sqft).
  • Rented since January 2014 on 2 Ejari contracts, from AED 150,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 29,500 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 15 May 2015.

Questions about 404, Standpoint Towers 1

What did unit 404 last sell for?

AED 2,133,888 on 3 October 2013: AED 1,612 per sqft for 1,323 sqft. The unit has 3 registered sales; the first was AED 2,133,888 in April 2013.

What is the rent for unit 404?

AED 140,000 a year on the contract signed on 15 May 2015. The previous contract, from January 2014, was AED 150,000.

How big is unit 404?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2012.

What is unit 404 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 404, Standpoint Towers 1

Starts from the last sale price (AED 2.13M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,133,888
Deposit, UAE resident (20%)
AED 426,778
Deposit, non-resident (40%)
AED 853,555
Monthly over 25 years at 3.7%
AED 8,730

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