2-bed · 1,316 sqftStandpoint Towers 2, Downtown Dubai · 10th floor · completed 2012

1003, Standpoint Towers 2

Sold prices and rental history: sold 4 times, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 25 February 2023
Last soldAED 2.34M3 October 2013
Current rentAED 155K /yr25 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Standpoint Towers 2

What is 1003 worth today?

Last sold for AED 2,336,888 in 2013

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25 Feb 2023RentedNew contract
AED 154,556/yr12 months · AED 118 per sqft
15 Apr 2022RentedNew contract
AED 150,000/yr12 months · AED 114 per sqft
11 Feb 2017RentedNew contract
AED 145,245/yr12 months · AED 111 per sqft
18 Jan 2016RentedNew contract
AED 195,000/yr7 months · AED 148 per sqft
18 Dec 2014RentedNew contract
AED 200,000/yr12 months · AED 152 per sqft
3 Oct 2013SoldReady
AED 2,336,888AED 1,775 per sqft
9 Sep 2013RentedNew contract
AED 186,000/yr12 months · AED 142 per sqft
20 Jun 2013SoldOff-plan
AED 3,400,000AED 2,583 per sqft

Source: Dubai Land Department. Updated 25 February 2023.

Key facts

Type
2-bed apartment
Size
1,316 sqft
Floor
10th of 19
Parking
B1-96
Developer
Emaar
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 2.34M · October 2013

About 1003, Standpoint Towers 2

1003 is a two-bedroom apartment of 1,316 sqft on the 10th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 3 October 2013 for AED 2,336,888, or AED 1,775 per sqft, in line with the AED 1,816 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 25 February 2023, is AED 154,556 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 29,300 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Standpoint Towers 2
2M3M2010201520202025Typical sale price by year: 2010 AED 3,065,916; 2012 AED 2,327,888; 2013 AED 2,400,000; 2014 AED 2,860,000; 2015 AED 2,750,000; 2016 AED 2,200,000; 2018 AED 1,715,000; 2020 AED 1,405,000; 2021 AED 1,820,000; 2023 AED 2,500,000; 2024 AED 2,350,000; 2025 AED 2,750,000; 2026 AED 2,900,000Sold by developer, October 2012: AED 2,336,888 (AED 1,775 per sqft)Sold, November 2012: AED 2,600,000 (AED 1,975 per sqft)Sold, June 2013: AED 3,400,000 (AED 2,583 per sqft)Sold, October 2013: AED 2,336,888 (AED 1,775 per sqft)

1003 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Standpoint Towers 2
100K200K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 160,000; 2015 AED 157,868; 2016 AED 152,500; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 95,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 120,000; 2023 AED 137,500; 2024 AED 141,004; 2025 AED 150,000; 2026 AED 134,000New contract, September 2013: AED 186,000 a yearNew contract, December 2014: AED 200,000 a yearNew contract, January 2016: AED 195,000 a yearNew contract, February 2017: AED 145,245 a yearNew contract, April 2022: AED 150,000 a yearNew contract, February 2023: AED 154,556 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 2, and where 1003 sits

All 59 2-beds →

1003 last sold in October 2013 at AED 1,775 per sqft, in line with what two-beds in Standpoint Towers 2 were fetching at the time (AED 1,816). Over the last 12 months two-beds sold for AED 2,500,000 to 3,400,000, around AED 2,165 per sqft, and rent for AED 90,000 to 205,000 a year. 1003's AED 154,556 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20263,400,000
13 Aug 20262,500,000
29 Jul 20262,850,000
2 Jun 20262,950,000
5 2-bed sales in the last 12 months

Standpoint Towers 2

Building

190 apartments, studios to 3-bed over 19 floors in Downtown Dubai, completed in 2012 by Emaar. 10 sold in the last 12 months.

Typical price per sqft
AED 2,325 Up 0.9%
Typical sale
AED 2.23M
Typical rent
AED 105K /yr
Typical yield
5.8%
Standpoint Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 190 units in Standpoint Towers 2
Value
10011-bedAED 1.8M · Feb 2025
10021-bedAED 1.62M · Dec 2013
10041-bedAED 1.25M · Aug 2013
10052-bedAED 2.1M · Mar 2024
10061-bedAED 1.34M · Aug 2013
10071-bedAED 1.6M · Dec 2013
1008StudioAED 1.13M · Oct 2013
1–7 of 9

1003, Standpoint Towers 2 in numbers

  • Sold 4 times: first on 23 October 2012 for AED 2,336,888, last on 3 October 2013 for AED 2,336,888 (AED 1,775 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 186,000 to AED 154,556 a year.
  • At AED 154,556 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 29,300 a year (AED 22.27 per sqft).
  • Two-beds in Standpoint Towers 2 sold for AED 2,500,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,325 per sqft.

Source: Dubai Land Department. Updated 25 February 2023.

Questions about 1003, Standpoint Towers 2

What did unit 1003 last sell for?

AED 2,336,888 on 3 October 2013: AED 1,775 per sqft for 1,316 sqft. The unit has 4 registered sales; the first was AED 2,336,888 in October 2012.

What is the rent for unit 1003?

AED 154,556 a year on the contract signed on 25 February 2023. The previous contract, from April 2022, was AED 150,000; the unit has been rented since September 2013.

How big is unit 1003?

1,316 sqft (122.3 sqm): a two-bedroom apartment on the 10th floor of a 19-storey tower completed in 2012.

What is unit 1003 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 2 sold for AED 2,500,000 to 3,400,000 in the last 12 months, around AED 2,165 per sqft.

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Mortgage on 1003, Standpoint Towers 2

Starts from the last sale price (AED 2.34M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,336,888
Deposit, UAE resident (20%)
AED 467,378
Deposit, non-resident (40%)
AED 934,755
Monthly over 25 years at 3.7%
AED 9,561

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