2-bed · 1,167 sqftStandpoint Towers 2, Downtown Dubai · 1st floor · completed 2012

113, Standpoint Towers 2

Sold prices and rental history: sold 3 times, last in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 1 June 2019
Last soldAED 2.4M11 September 2013
Current rentAED 88K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Standpoint Towers 2

What is 113 worth today?

Last sold for AED 2,400,000 in 2013

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1 Jun 2019RentedNew contract
AED 88,000/yr12 months · AED 76 per sqft
20 Feb 2018RentedNew contract
AED 100,000/yr12 months · AED 86 per sqft
12 Oct 2016RentedRenewal
AED 147,000/yr12 months · AED 126 per sqft
12 Oct 2015RentedRenewal
AED 147,000/yr12 months · AED 126 per sqft
12 Oct 2014RentedNew contract
AED 147,000/yr12 months · AED 126 per sqft
12 Oct 2013RentedNew contract
AED 140,000/yr12 months · AED 120 per sqft
11 Sep 2013SoldReady
AED 2,400,000AED 2,055 per sqft
18 Aug 2013SoldOff-plan
AED 2,400,000AED 2,055 per sqft

Source: Dubai Land Department. Updated 1 June 2019.

Key facts

Type
2-bed apartment
Size
1,167 sqft
Floor
1st of 19
Parking
B1-86
Developer
Emaar
Completed
2012
Service charge
AED 26,000 /yr
Last sold
AED 2.4M · September 2013

About 113, Standpoint Towers 2

113 is a two-bedroom apartment of 1,167 sqft on the 1st floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 11 September 2013 for AED 2,400,000, or AED 2,055 per sqft, 14% above the AED 1,801 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 1 June 2019, is AED 88,000 a year: a gross yield of 3.7% on the 2013 price, before the service charge of about AED 26,000 a year.

Sales and rents for 113 over time

Sales
Unit 113, 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, May 2013: AED 1,855,888 (AED 1,589 per sqft)Sold, August 2013: AED 2,400,000 (AED 2,055 per sqft)Sold, September 2013: AED 2,400,000 (AED 2,055 per sqft)

113 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 113, each contractTypical two-bed in Standpoint Towers 2
100K150K2013201720212025Typical 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, October 2013: AED 140,000 a yearNew contract, October 2014: AED 147,000 a yearRenewal, October 2015: AED 147,000 a yearRenewal, October 2016: AED 147,000 a yearNew contract, February 2018: AED 100,000 a yearNew contract, June 2019: AED 88,000 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 2, and where 113 sits

All 59 2-beds →

113 last sold in September 2013 at AED 2,055 per sqft, 14% above what two-beds in Standpoint Towers 2 were fetching at the time (AED 1,801). 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. 113's AED 88,000 is at the bottom 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 1st floor

All 190 units in Standpoint Towers 2
Value
1011-bedAED 1.13M · Oct 2022
1021-bedAED 1.68M · Jul 2015
1031-bedAED 1.2M · Oct 2023
1042-bedAED 2.16M · Sep 2013
105StudioAED 835K · Nov 2022
106StudioAED 950K · May 2023
107StudioAED 1M · May 2016
1–7 of 12

113, Standpoint Towers 2 in numbers

  • Sold 3 times: first on 28 May 2013 for AED 1,855,888, last on 11 September 2013 for AED 2,400,000 (AED 2,055 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 140,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2013 price is 3.7%, before a service charge of about AED 26,000 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 1 June 2019.

Questions about 113, Standpoint Towers 2

What did unit 113 last sell for?

AED 2,400,000 on 11 September 2013: AED 2,055 per sqft for 1,167 sqft. The unit has 3 registered sales; the first was AED 1,855,888 in May 2013.

What is the rent for unit 113?

AED 88,000 a year on the contract signed on 1 June 2019. The previous contract, from February 2018, was AED 100,000; the unit has been rented since October 2013.

How big is unit 113?

1,167 sqft (108.4 sqm): a two-bedroom apartment on the 1st floor of a 19-storey tower completed in 2012.

What is unit 113 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 113, Standpoint Towers 2

Starts from the last sale price (AED 2.4M, 11 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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