2-bed · 1,316 sqftStandpoint Towers 2, Downtown Dubai · 13th floor · completed 2012

1303, Standpoint Towers 2

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 3.1M22 July 2024
Current rentAED 149K /yr27 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Standpoint Towers 2

What is 1303 worth today?

Last sold for AED 3,100,000 in 2024

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22 Jul 2024SoldReady
AED 3,100,000AED 2,355 per sqft
27 Jan 2023RentedRenewal
AED 148,800/yr12 months · AED 113 per sqft
27 Jan 2022RentedNew contract
AED 150,000/yr12 months · AED 114 per sqft
2 Sep 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
2 Sep 2018RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
2 Sep 2017RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
1 Sep 2016RentedNew contract
AED 149,584/yr12 months · AED 114 per sqft
5 Nov 2014RentedRenewal
AED 188,984/yr6 months · AED 144 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
2-bed apartment
Size
1,316 sqft
Floor
13th of 19
Parking
B1-118
Developer
Emaar
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 3.1M · July 2024

About 1303, Standpoint Towers 2

1303 is a two-bedroom apartment of 1,316 sqft on the 13th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 22 July 2024 for AED 3,100,000, or AED 2,355 per sqft, 15% above the AED 2,044 two-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 27 January 2023, is AED 148,800 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 29,300 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, December 2012: AED 2,600,000 (AED 1,975 per sqft)Sold by developer, December 2012: AED 2,348,888 (AED 1,785 per sqft)Sold, October 2013: AED 2,600,000 (AED 1,975 per sqft)Sold, July 2024: AED 3,100,000 (AED 2,355 per sqft)

1303 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, each contractTypical two-bed in Standpoint Towers 2
100K150K200K2013201720212025Typical 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, November 2013: AED 190,000 a yearRenewal, November 2014: AED 188,984 a yearNew contract, September 2016: AED 149,584 a yearRenewal, September 2017: AED 90,000 a yearRenewal, September 2018: AED 90,000 a yearRenewal, September 2019: AED 90,000 a yearNew contract, January 2022: AED 150,000 a yearRenewal, January 2023: AED 148,800 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 1303 sits

All 59 2-beds →

1303 last sold in July 2024 at AED 2,355 per sqft, 15% above what two-beds in Standpoint Towers 2 were fetching at the time (AED 2,044). 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. 1303's AED 148,800 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 13th floor

All 190 units in Standpoint Towers 2
Value
13011-bedAED 1.58M · Jan 2013
13021-bedAED 1.56M · Nov 2023
13041-bedAED 1.65M · May 2015
13052-bedAED 2.55M · Nov 2013
13061-bedAED 1.78M · May 2014
13071-bedAED 2.05M · Jul 2024
1308StudioAED 971K · Sep 2013
1–7 of 9

1303, Standpoint Towers 2 in numbers

  • Sold 4 times: first on 12 December 2012 for AED 2,348,888, last on 22 July 2024 for AED 3,100,000 (AED 2,355 per sqft).
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 90,000 in 2019 and recovered to AED 148,800 by January 2023.
  • At AED 148,800 a year the gross yield on the 2024 price is 4.8%, 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 22 July 2024.

Questions about 1303, Standpoint Towers 2

What did unit 1303 last sell for?

AED 3,100,000 on 22 July 2024: AED 2,355 per sqft for 1,316 sqft. The unit has 4 registered sales; the first was AED 2,348,888 in December 2012.

What is the rent for unit 1303?

AED 148,800 a year on the contract renewed on 27 January 2023. The previous contract, from January 2022, was AED 150,000; the unit has been rented since November 2013.

How big is unit 1303?

1,316 sqft (122.3 sqm): a two-bedroom apartment on the 13th floor of a 19-storey tower completed in 2012.

What is unit 1303 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 1303, Standpoint Towers 2

Starts from the last sale price (AED 3.1M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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