2-bed · 1,209 sqftStandpoint Towers 1, Downtown Dubai · 7th floor · completed 2012

710, Standpoint Towers 1

Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 17 May 2022
Last soldAED 2M17 May 2022
Current rentAED 80K /yr17 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Standpoint Towers 1

What is 710 worth today?

Last sold for AED 2,000,000 in 2022

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17 May 2022SoldReady
AED 2,000,000AED 1,654 per sqft
17 Jan 2022SoldReady
AED 1,500,000AED 1,240 per sqft
17 May 2021RentedNew contract
AED 80,000/yr12 months · AED 66 per sqft
13 Aug 2020RentedRenewal
AED 100,000/yr12 months · AED 83 per sqft
13 Jul 2019RentedRenewal
AED 92,308/yr13 months · AED 77 per sqft
13 Jul 2018RentedNew contract
AED 115,000/yr12 months · AED 95 per sqft
5 Dec 2017RentedNew contract
AED 130,000/yr12 months · AED 108 per sqft
18 Sep 2016RentedNew contract
AED 155,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 17 May 2022.

Key facts

Type
2-bed apartment
Size
1,209 sqft
Floor
7th of 27
Parking
B1-16
Developer
Emaar
Completed
2012
Service charge
AED 26,900 /yr
Last sold
AED 2M · May 2022

About 710, Standpoint Towers 1

710 is a two-bedroom apartment of 1,209 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 17 May 2022 for AED 2,000,000, or AED 1,654 per sqft, 9% above the AED 1,512 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 17 May 2021, is AED 80,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 26,900 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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, September 2013: AED 2,714,888 (AED 2,245 per sqft)Sold, November 2013: AED 3,400,000 (AED 2,812 per sqft)Sold, January 2022: AED 1,500,000 (AED 1,240 per sqft)Sold, May 2022: AED 2,000,000 (AED 1,654 per sqft)

710 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 710, 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 165,000 a yearNew contract, September 2016: AED 155,000 a yearNew contract, December 2017: AED 130,000 a yearNew contract, July 2018: AED 115,000 a yearRenewal, July 2019: AED 92,308 a yearRenewal, August 2020: AED 100,000 a yearNew contract, May 2021: AED 80,000 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 710 sits

All 100 2-beds →

710 last sold in May 2022 at AED 1,654 per sqft, 9% above what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,512). 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. 710's AED 80,000 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 7th floor

All 344 units in Standpoint Towers 1
Value
7011-bedAED 1.6M · Jun 2013
7021-bedAED 1.7M · Aug 2023
7031-bedAED 1.02M · Nov 2019
7042-bedAED 2.95M · Nov 2014
7051-bedAED 1.4M · Jan 2024
7061-bedAED 1.6M · Jan 2014
7071-bedAED 1.65M · Apr 2024
1–7 of 12

710, Standpoint Towers 1 in numbers

  • Sold 4 times: first on 3 September 2013 for AED 2,714,888, last on 17 May 2022 for AED 2,000,000 (AED 1,654 per sqft).
  • Rented since February 2014 on 7 Ejari contracts, from AED 165,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 26,900 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 17 May 2022.

Questions about 710, Standpoint Towers 1

What did unit 710 last sell for?

AED 2,000,000 on 17 May 2022: AED 1,654 per sqft for 1,209 sqft. The unit has 4 registered sales; the first was AED 2,714,888 in September 2013.

What is the rent for unit 710?

AED 80,000 a year on the contract signed on 17 May 2021. The previous contract, from August 2020, was AED 100,000; the unit has been rented since February 2014.

How big is unit 710?

1,209 sqft (112.3 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2012.

What is unit 710 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 710, Standpoint Towers 1

Starts from the last sale price (AED 2M, 17 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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