3-bed · 1,818 sqftStandpoint Towers 2, Downtown Dubai · 16th floor · completed 2012

1608, Standpoint Towers 2

Sold prices and rental history: sold 4 times, last in December 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 11 December 2017
Last soldAED 2.93M11 December 2017
Current rentAED 170K /yr20 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Standpoint Towers 2

What is 1608 worth today?

Last sold for AED 2,930,000 in 2017

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11 Dec 2017SoldReady
AED 2,930,000AED 1,611 per sqft
20 Nov 2016RentedNew contract
AED 170,000/yr24 months · AED 93 per sqft
18 Sep 2015RentedNew contract
AED 250,000/yr12 months · AED 137 per sqft
26 Sep 2013SoldReady
AED 2,850,000AED 1,567 per sqft
18 Sep 2013RentedNew contract
AED 250,000/yr12 months · AED 137 per sqft
18 Apr 2013SoldOff-plan
AED 2,850,000AED 1,567 per sqft
11 Apr 2013Sold by developerOff-plan
AED 2,846,888AED 1,565 per sqft

Source: Dubai Land Department. Updated 11 December 2017.

Key facts

Type
3-bed apartment
Size
1,818 sqft
Floor
16th of 19
Parking
B1-116,B1-117
Developer
Emaar
Completed
2012
Service charge
AED 40,500 /yr
Last sold
AED 2.93M · December 2017

About 1608, Standpoint Towers 2

1608 is a three-bedroom apartment of 1,818 sqft on the 16th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 11 December 2017 for AED 2,930,000, or AED 1,611 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 20 November 2016, is AED 170,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 40,500 a year.

3-beds in Standpoint Towers 2, and where 1608 sits

All 4 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
24 Mar 20253,850,000
18 Mar 20144,600,000
11 Dec 20133,120,888
3 Oct 20132,680,888
0 3-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 16th floor

All 190 units in Standpoint Towers 2
Value
16012-bedAED 2.95M · Jun 2026
16023-bedAED 2.75M · Sep 2013
16031-bedAED 1.74M · May 2026
16042-bedAED 2.72M · Nov 2013
16051-bedAED 1.98M · Mar 2010
16061-bedAED 2.5M · Sep 2013
16071-bedAED 1.7M · Oct 2025

1608, Standpoint Towers 2 in numbers

  • Sold 4 times: first on 11 April 2013 for AED 2,846,888, last on 11 December 2017 for AED 2,930,000 (AED 1,611 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 250,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 40,500 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 11 December 2017.

Questions about 1608, Standpoint Towers 2

What did unit 1608 last sell for?

AED 2,930,000 on 11 December 2017: AED 1,611 per sqft for 1,818 sqft. The unit has 4 registered sales; the first was AED 2,846,888 in April 2013.

What is the rent for unit 1608?

AED 170,000 a year on the contract signed on 20 November 2016. The previous contract, from September 2015, was AED 250,000; the unit has been rented since September 2013.

How big is unit 1608?

1,818 sqft (168.9 sqm): a three-bedroom apartment on the 16th floor of a 19-storey tower completed in 2012.

What is unit 1608 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 1608, Standpoint Towers 2

Starts from the last sale price (AED 2.93M, 11 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,930,000
Deposit, UAE resident (20%)
AED 586,000
Deposit, non-resident (40%)
AED 1,172,000
Monthly over 25 years at 3.7%
AED 11,988

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