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2-bed · 1,031 sqftStandpoint Towers 2, Downtown Dubai · 14th floor · completed 2012

1405, Standpoint Towers 2

Sold prices and rental history: sold twice, last in January 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 26 January 2014
Last soldAED 2.5M26 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1405, Standpoint Towers 2

What is 1405 worth today?

Last sold for AED 2,500,000 in 2014

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26 Jan 2014SoldReady
AED 2,500,000AED 2,424 per sqft
19 Jan 2014Sold by developerReady
AED 2,365,888AED 2,294 per sqft

Source: Dubai Land Department. Updated 26 January 2014.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
14th of 19
Parking
B2-117
Developer
Emaar
Completed
2012
Service charge
AED 23,000 /yr
Last sold
AED 2.5M · January 2014
Building
Standpoint Towers 2

About 1405, Standpoint Towers 2

1405 is a two-bedroom apartment of 1,031 sqft on the 14th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 26 January 2014 for AED 2,500,000, or AED 2,424 per sqft, 18% above the AED 2,055 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, January 2014: AED 2,500,000 (AED 2,424 per sqft)Sold by developer, January 2014: AED 2,365,888 (AED 2,294 per sqft)

1405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, 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 134,000

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 1405 sits

All 59 2-beds →

1405 last sold in January 2014 at AED 2,424 per sqft, 18% above what two-beds in Standpoint Towers 2 were fetching at the time (AED 2,055). 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.

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 14th floor

All 190 units in Standpoint Towers 2
Value
14011-bedAED 1.4M · Dec 2013
14021-bedAED 1.71M · Sep 2014
14032-bedAED 2.52M · Feb 2014
14041-bedAED 1.6M · Oct 2023
14061-bedAED 1.98M · Aug 2013
14071-bedAED 1.89M · Sep 2013
1408StudioAED 2.26M · Mar 2010
1–7 of 9

1405, Standpoint Towers 2 in numbers

  • Sold twice: first on 19 January 2014 for AED 2,365,888, last on 26 January 2014 for AED 2,500,000 (AED 2,424 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 26 January 2014.

Questions about 1405, Standpoint Towers 2

What did unit 1405 last sell for?

AED 2,500,000 on 26 January 2014: AED 2,424 per sqft for 1,031 sqft. The unit has 2 registered sales; the first was AED 2,365,888 in January 2014.

How big is unit 1405?

1,031 sqft (95.8 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2012.

What is unit 1405 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 1405, Standpoint Towers 2

Starts from the last sale price (AED 2.5M, 26 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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