704, Standpoint Towers 1
Sold prices and rental history: sold 3 times, last in November 2014, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Standpoint Towers 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 25 November 2014.
Key facts
- Type
- 2-bed apartment
- Size
- 1,199 sqft
- Floor
- 7th of 27
- Parking
- B1-130
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 26,700 /yr
- Last sold
- AED 2.95M · November 2014
- Building
- Standpoint Towers 1
About 704, Standpoint Towers 1
704 is a two-bedroom apartment of 1,199 sqft on the 7th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 25 November 2014 for AED 2,945,000, or AED 2,456 per sqft, in line with the AED 2,481 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 16 May 2013. The current contract, signed on 16 May 2013, is AED 120,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 26,700 a year.
Sales and rents for 704 over time
704 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 704 sits
All 100 2-beds →704 last sold in November 2014 at AED 2,456 per sqft, in line with what two-beds in Standpoint Towers 1 were fetching at the time (AED 2,481). 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. 704's AED 120,000 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 7th floor
All 344 units in Standpoint Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 847 sqft | AED 1.6MAED 1,600,000 · Jun 2013June 2013 | 95,000 /yr | |
| 702 | 1-bed | 829 sqft | AED 1.7MAED 1,700,000 · Aug 2023August 2023 | 109,674 /yr | |
| 703 | 1-bed | 827 sqft | AED 1.02MAED 1,015,000 · Nov 2019November 2019 | 119,358 /yr | |
| 705 | 1-bed | 708 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 78,000 /yr | |
| 706 | 1-bed | 714 sqft | AED 1.6MAED 1,600,000 · Jan 2014January 2014 | 75,000 /yr | |
| 707 | 1-bed | 887 sqft | AED 1.65MAED 1,650,000 · Apr 2024April 2024 | 125,000 /yr | |
| 708 | 1-bed | 792 sqft | AED 1.54MAED 1,535,000 · Feb 2017February 2017 | 98,700 /yr | |
| 709 | 2-bed | 1,355 sqft | AED 2.9MAED 2,900,000 · Dec 2024December 2024 | 116,876 /yr | |
| 710 | 2-bed | 1,209 sqft | AED 2MAED 2,000,000 · May 2022May 2022 | 80,000 /yr | |
| 711 | 1-bed | 827 sqft | AED 1.81MAED 1,809,666 · Sep 2013September 2013 | 110,000 /yr | |
| 712 | 1-bed | 841 sqft | AED 1.98MAED 1,975,000 · Dec 2014December 2014 | 90,000 /yr | |
| 713 | 2-bed | 1,171 sqft | AED 1.75MAED 1,750,000 · Dec 2021December 2021 | 100,000 /yr |
704, Standpoint Towers 1 in numbers
- Sold 3 times: first on 16 March 2010 for AED 1,809,444, last on 25 November 2014 for AED 2,945,000 (AED 2,456 per sqft).
- Rented since May 2013 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2014 price is 4.1%, before a service charge of about AED 26,700 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 November 2014.
Questions about 704, Standpoint Towers 1
What did unit 704 last sell for?
AED 2,945,000 on 25 November 2014: AED 2,456 per sqft for 1,199 sqft. The unit has 3 registered sales; the first was AED 1,809,444 in March 2010.
What is the rent for unit 704?
AED 120,000 a year on the contract signed on 16 May 2013.
How big is unit 704?
1,199 sqft (111.4 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2012.
What is unit 704 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 704, Standpoint Towers 1
Starts from the last sale price (AED 2.95M, 25 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,945,000
- Deposit, UAE resident (20%)
- AED 589,000
- Deposit, non-resident (40%)
- AED 1,178,000
- Monthly over 25 years at 3.7%
- AED 12,049
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →