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1-bed · 715 sqftStandpoint Towers 2, Downtown Dubai · 17th floor · completed 2012

1703, Standpoint Towers 2

Sold prices and rental history: sold twice, last in May 2013, and rented once, from February 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 26 February 2016
Last soldAED 1.43M12 May 2013
Current rentAED 100K /yr26 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1703, Standpoint Towers 2

What is 1703 worth today?

Last sold for AED 1,425,000 in 2013

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26 Feb 2016RentedNew contract
AED 100,000/yr6 months · AED 141 per sqft
12 May 2013SoldOff-plan
AED 1,425,000AED 1,994 per sqft
9 Apr 2013Sold by developerOff-plan
AED 1,203,544AED 1,684 per sqft

Source: Dubai Land Department. Updated 26 February 2016.

Key facts

Type
1-bed apartment
Size
715 sqft
Floor
17th of 19
Parking
B3-87
Developer
Emaar
Completed
2012
Service charge
AED 15,900 /yr
Last sold
AED 1.43M · May 2013
Building
Standpoint Towers 2

About 1703, Standpoint Towers 2

1703 is a one-bedroom apartment of 715 sqft on the 17th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 12 May 2013 for AED 1,425,000, or AED 1,994 per sqft, 8% above the AED 1,838 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 February 2016. The current contract, signed on 26 February 2016, is AED 100,000 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 15,900 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, April 2013: AED 1,203,544 (AED 1,684 per sqft)Sold, May 2013: AED 1,425,000 (AED 1,994 per sqft)

1703 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1703, each contractTypical one-bed in Standpoint Towers 2
75K100K2013201720212025Typical 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, February 2016: AED 100,000 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 1703 sits

All 92 1-beds →

1703 last sold in May 2013 at AED 1,994 per sqft, 8% above what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,838). 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. 1703's AED 100,000 is in the lower 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 17th floor

All 190 units in Standpoint Towers 2
Value
17012-bedAED 3.5M · Jul 2014
17023-bedAED 3.85M · Mar 2025
17051-bedAED 1.7M · Jun 2024
17061-bedAED 2.2M · Jul 2016
17071-bedAED 1.25M · Sep 2023
17083-bedAED 3.12M · Dec 2013

1703, Standpoint Towers 2 in numbers

  • Sold twice: first on 9 April 2013 for AED 1,203,544, last on 12 May 2013 for AED 1,425,000 (AED 1,994 per sqft).
  • Rented since February 2016 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 7.0%, before a service charge of about AED 15,900 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 26 February 2016.

Questions about 1703, Standpoint Towers 2

What did unit 1703 last sell for?

AED 1,425,000 on 12 May 2013: AED 1,994 per sqft for 715 sqft. The unit has 2 registered sales; the first was AED 1,203,544 in April 2013.

What is the rent for unit 1703?

AED 100,000 a year on the contract signed on 26 February 2016.

How big is unit 1703?

715 sqft (66.4 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2012.

What is unit 1703 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 1703, Standpoint Towers 2

Starts from the last sale price (AED 1.43M, 12 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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