1-bed · 922 sqftStandpoint Towers 2, Downtown Dubai · 15th floor · completed 2012

1507, Standpoint Towers 2

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 24 July 2023
Last soldAED 1.64M11 March 2014
Current rentAED 110K /yr24 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Standpoint Towers 2

What is 1507 worth today?

Last sold for AED 1,644,888 in 2014

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24 Jul 2023RentedRenewal
AED 110,000/yr12 months · AED 119 per sqft
24 Jul 2022RentedRenewal
AED 110,000/yr12 months · AED 119 per sqft
24 Jul 2021RentedRenewal
AED 110,000/yr12 months · AED 119 per sqft
24 Jul 2020RentedRenewal
AED 73,000/yr12 months · AED 79 per sqft
24 Jul 2019RentedNew contract
AED 88,000/yr12 months · AED 95 per sqft
18 Jul 2018RentedRenewal
AED 115,000/yr12 months · AED 124 per sqft
18 Jul 2017RentedRenewal
AED 124,000/yr12 months · AED 134 per sqft
18 Jul 2016RentedNew contract
AED 124,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 24 July 2023.

Key facts

Type
1-bed apartment
Size
922 sqft
Floor
15th of 19
Parking
B2-25
Developer
Emaar
Completed
2012
Service charge
AED 20,500 /yr
Last sold
AED 1.64M · March 2014

About 1507, Standpoint Towers 2

1507 is a one-bedroom apartment of 922 sqft on the 15th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 11 March 2014 for AED 1,644,888, or AED 1,783 per sqft, 7% below the AED 1,926 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 24 July 2023, is AED 110,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 20,500 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, February 2013: AED 1,644,888 (AED 1,783 per sqft)Sold, March 2014: AED 1,644,888 (AED 1,783 per sqft)

1507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in Standpoint Towers 2
100K2013201720212025Typical 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, July 2015: AED 125,000 a yearNew contract, July 2016: AED 124,000 a yearRenewal, July 2017: AED 124,000 a yearRenewal, July 2018: AED 115,000 a yearNew contract, July 2019: AED 88,000 a yearRenewal, July 2020: AED 73,000 a yearRenewal, July 2021: AED 110,000 a yearRenewal, July 2022: AED 110,000 a yearRenewal, July 2023: AED 110,000 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 1507 sits

All 92 1-beds →

1507 last sold in March 2014 at AED 1,783 per sqft, 7% below what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,926). 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. 1507's AED 110,000 is in the upper 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 15th floor

All 190 units in Standpoint Towers 2
Value
15011-bedAED 1.98M · Aug 2014
15021-bedAED 1.95M · Jun 2026
15032-bedAED 2.52M · Aug 2013
15041-bedAED 1.75M · Jan 2014
15052-bedAED 2.72M · Mar 2014
15061-bedAED 1.35M · Sep 2013
1508StudioAED 875K · Apr 2014
1–7 of 9

1507, Standpoint Towers 2 in numbers

  • Sold twice: first on 17 February 2013 for AED 1,644,888, last on 11 March 2014 for AED 1,644,888 (AED 1,783 per sqft).
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 73,000 in 2020 and recovered to AED 110,000 by July 2023.
  • At AED 110,000 a year the gross yield on the 2014 price is 6.7%, 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 24 July 2023.

Questions about 1507, Standpoint Towers 2

What did unit 1507 last sell for?

AED 1,644,888 on 11 March 2014: AED 1,783 per sqft for 922 sqft. The unit has 2 registered sales; the first was AED 1,644,888 in February 2013.

What is the rent for unit 1507?

AED 110,000 a year on the contract renewed on 24 July 2023. The previous contract, from July 2022, was AED 110,000; the unit has been rented since July 2015.

How big is unit 1507?

922 sqft (85.7 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2012.

What is unit 1507 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 1507, Standpoint Towers 2

Starts from the last sale price (AED 1.64M, 11 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,644,888
Deposit, UAE resident (20%)
AED 328,978
Deposit, non-resident (40%)
AED 657,955
Monthly over 25 years at 3.7%
AED 6,730

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