1-bed · 922 sqftStandpoint Towers 2, Downtown Dubai · 10th floor · completed 2012

1007, Standpoint Towers 2

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

Unit 1007 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.6M26 December 2013
Current rentAED 90K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Standpoint Towers 2

What is 1007 worth today?

Last sold for AED 1,600,000 in 2013

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15 Oct 2024RentedRenewal
AED 90,000/yr12 months · AED 97 per sqft
15 Oct 2023RentedRenewal
AED 84,000/yr12 months · AED 91 per sqft
15 Sep 2022RentedRenewal
AED 80,000/yr13 months · AED 86 per sqft
15 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
1 Jun 2019RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
17 Apr 2016RentedNew contract
AED 120,000/yr12 months · AED 130 per sqft
28 Oct 2014RentedNew contract
AED 100,000/yr12 months · AED 108 per sqft
26 Dec 2013SoldReady
AED 1,600,000AED 1,734 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
922 sqft
Floor
10th of 19
Parking
B2-20
Developer
Emaar
Completed
2012
Service charge
AED 20,500 /yr
Last sold
AED 1.6M · December 2013

About 1007, Standpoint Towers 2

1007 is a one-bedroom apartment of 922 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 26 December 2013 for AED 1,600,000, or AED 1,734 per sqft, 9% below the AED 1,902 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 90,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 20,500 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Standpoint Towers 2
1M1.5M2M2010201520202025Typical sale price by year: 2010 AED 2,020,416; 2012 AED 1,455,966; 2013 AED 1,575,000; 2014 AED 1,762,500; 2015 AED 1,679,888; 2016 AED 1,683,388; 2017 AED 1,394,166; 2018 AED 1,200,000; 2021 AED 1,067,500; 2022 AED 1,215,000; 2023 AED 1,438,500; 2024 AED 1,700,000; 2025 AED 1,810,000; 2026 AED 1,220,500Sold by developer, November 2013: AED 1,527,888 (AED 1,656 per sqft)Sold, December 2013: AED 1,600,000 (AED 1,734 per sqft)

1007 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Standpoint Towers 2
75K100K125K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 105,000; 2015 AED 105,500; 2016 AED 110,000; 2017 AED 103,500; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 77,500; 2023 AED 85,375; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 102,635New contract, October 2013: AED 100,000 a yearNew contract, October 2014: AED 100,000 a yearNew contract, April 2016: AED 120,000 a yearNew contract, June 2019: AED 85,000 a yearNew contract, September 2021: AED 70,000 a yearRenewal, September 2022: AED 80,000 a yearRenewal, October 2023: AED 84,000 a yearRenewal, October 2024: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Standpoint Towers 2, and where 1007 sits

All 92 1-beds →

1007 last sold in December 2013 at AED 1,734 per sqft, 9% below what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,902). Over the last 12 months one-beds sold for AED 700,000 to 1,950,000, around AED 2,433 per sqft, and rent for AED 60,000 to 145,000 a year. 1007's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20261,950,000
7 May 20261,741,000
16 Feb 2026700,000
20 Jan 2026700,000
5 1-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
10032-bedAED 2.34M · Oct 2013
10041-bedAED 1.25M · Aug 2013
10052-bedAED 2.1M · Mar 2024
10061-bedAED 1.34M · Aug 2013
1008StudioAED 1.13M · Oct 2013
1–7 of 9

1007, Standpoint Towers 2 in numbers

  • Sold twice: first on 14 November 2013 for AED 1,527,888, last on 26 December 2013 for AED 1,600,000 (AED 1,734 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 90,000 by October 2024.
  • At AED 90,000 a year the gross yield on the 2013 price is 5.6%, before a service charge of about AED 20,500 a year (AED 22.27 per sqft).
  • One-beds in Standpoint Towers 2 sold for AED 700,000–1,950,000 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 15 October 2024.

Questions about 1007, Standpoint Towers 2

What did unit 1007 last sell for?

AED 1,600,000 on 26 December 2013: AED 1,734 per sqft for 922 sqft. The unit has 2 registered sales; the first was AED 1,527,888 in November 2013.

What is the rent for unit 1007?

AED 90,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 84,000; the unit has been rented since October 2013.

How big is unit 1007?

922 sqft (85.7 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower completed in 2012.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Standpoint Towers 2 sold for AED 700,000 to 1,950,000 in the last 12 months, around AED 2,433 per sqft.

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Mortgage on 1007, Standpoint Towers 2

Starts from the last sale price (AED 1.6M, 26 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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