709, Standpoint Towers 1
Sold prices and rental history: sold 4 times, last in December 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 709, Standpoint Towers 1
What is 709 worth today?
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Source: Dubai Land Department. Updated 23 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,355 sqft
- Floor
- 7th of 27
- Parking
- B1-36
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 30,200 /yr
- Last sold
- AED 2.9M · December 2024
- Building
- Standpoint Towers 1
About 709, Standpoint Towers 1
709 is a two-bedroom apartment of 1,355 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 23 December 2024 for AED 2,900,000, or AED 2,140 per sqft, 10% above the AED 1,943 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 116,876 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 30,200 a year.
Sales and rents for 709 over time
709 has sold 4 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 709 sits
All 100 2-beds →709 last sold in December 2024 at AED 2,140 per sqft, 10% above what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,943). 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. 709's AED 116,876 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 | |
| 704 | 2-bed | 1,199 sqft | AED 2.95MAED 2,945,000 · Nov 2014November 2014 | 120,000 /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 | |
| 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 |
709, Standpoint Towers 1 in numbers
- Sold 4 times: first on 14 February 2013 for AED 2,518,888, last on 23 December 2024 for AED 2,900,000 (AED 2,140 per sqft).
- Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 95,000 in 2020 and recovered to AED 116,876 by September 2023.
- At AED 116,876 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 30,200 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 23 December 2024.
Questions about 709, Standpoint Towers 1
What did unit 709 last sell for?
AED 2,900,000 on 23 December 2024: AED 2,140 per sqft for 1,355 sqft. The unit has 4 registered sales; the first was AED 2,518,888 in February 2013.
What is the rent for unit 709?
AED 116,876 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 112,000; the unit has been rented since June 2015.
How big is unit 709?
1,355 sqft (125.9 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2012.
What is unit 709 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 709, Standpoint Towers 1
Starts from the last sale price (AED 2.9M, 23 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →