Studio · 440 sqftStandpoint Towers 2, Downtown Dubai · 12th floor · completed 2012

1208, Standpoint Towers 2

Sold prices and rental history: sold twice, last in April 2024, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 1.2M22 April 2024
Current rentAED 55K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Standpoint Towers 2

What is 1208 worth today?

Last sold for AED 1,200,000 in 2024

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22 Apr 2024SoldReady
AED 1,200,000AED 2,727 per sqft
1 Feb 2022RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
1 Apr 2015Sold by developerReady
AED 1,324,888AED 3,010 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
12th of 19
Parking
P3-22
Developer
Emaar
Completed
2012
Service charge
AED 9,800 /yr
Last sold
AED 1.2M · April 2024

About 1208, Standpoint Towers 2

1208 is a studio of 440 sqft on the 12th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 22 April 2024 for AED 1,200,000, or AED 2,727 per sqft, 13% above the AED 2,413 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2022. The current contract, signed on 1 February 2022, is AED 55,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical studio in Standpoint Towers 2
1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,507,416; 2013 AED 1,010,444; 2014 AED 1,250,000; 2015 AED 1,262,444; 2022 AED 835,000; 2023 AED 995,000; 2024 AED 1,200,000; 2025 AED 1,200,000Sold by developer, April 2015: AED 1,324,888 (AED 3,010 per sqft)Sold, April 2024: AED 1,200,000 (AED 2,727 per sqft)

1208 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1208, each contractTypical studio in Standpoint Towers 2
60K2013201720212025Typical rent by year: 2013 AED 68,000; 2014 AED 74,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 63,000; 2019 AED 59,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 68,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 71,500New contract, February 2022: AED 55,000 a year

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

Studios in Standpoint Towers 2, and where 1208 sits

All 35 studios →

1208 last sold in April 2024 at AED 2,727 per sqft, 13% above what studios in Standpoint Towers 2 were fetching at the time (AED 2,413). 1208's AED 55,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
1 May 20251,250,000
22 Apr 20251,200,000
22 Apr 20251,200,000
30 Oct 20241,200,000
0 studio 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 12th floor

All 190 units in Standpoint Towers 2
Value
12011-bedAED 2.04M · Jul 2014
12021-bedAED 2.2M · Oct 2013
12032-bedAED 4M · Jan 2015
12041-bedAED 1.8M · Nov 2025
12052-bedAED 2.38M · Nov 2024
12061-bedAED 1.66M · Oct 2013
12071-bedAED 2.29M · Jun 2014
1–7 of 9

1208, Standpoint Towers 2 in numbers

  • Sold twice: first on 1 April 2015 for AED 1,324,888, last on 22 April 2024 for AED 1,200,000 (AED 2,727 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 9,800 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 22 April 2024.

Questions about 1208, Standpoint Towers 2

What did unit 1208 last sell for?

AED 1,200,000 on 22 April 2024: AED 2,727 per sqft for 440 sqft. The unit has 2 registered sales; the first was AED 1,324,888 in April 2015.

What is the rent for unit 1208?

AED 55,000 a year on the contract signed on 1 February 2022.

How big is unit 1208?

440 sqft (40.9 sqm): a studio on the 12th floor of a 19-storey tower completed in 2012.

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1208, Standpoint Towers 2

Starts from the last sale price (AED 1.2M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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