3-bed · 1,582 sqftStandpoint Towers 2, Downtown Dubai · 17th floor · completed 2012

1708, Standpoint Towers 2

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 3.12M11 December 2013
Current rentAED 220K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Standpoint Towers 2

What is 1708 worth today?

Last sold for AED 3,120,888 in 2013

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20 Aug 2024RentedNew contract
AED 220,000/yr12 months · AED 139 per sqft
20 Aug 2022RentedNew contract
AED 170,000/yr12 months · AED 107 per sqft
15 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
25 Feb 2019RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
25 Feb 2018RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
29 Oct 2016RentedNew contract
AED 200,000/yr12 months · AED 126 per sqft
10 Aug 2015RentedNew contract
AED 230,000/yr12 months · AED 145 per sqft
23 Dec 2013RentedNew contract
AED 250,000/yr12 months · AED 158 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
3-bed apartment
Size
1,582 sqft
Floor
17th of 19
Parking
B1-73,B1-74
Developer
Emaar
Completed
2012
Service charge
AED 35,200 /yr
Last sold
AED 3.12M · December 2013

About 1708, Standpoint Towers 2

1708 is a three-bedroom apartment of 1,582 sqft on the 17th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 11 December 2013 for AED 3,120,888, or AED 1,972 per sqft, 7% above the AED 1,842 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 August 2024, is AED 220,000 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 35,200 a year.

3-beds in Standpoint Towers 2, and where 1708 sits

All 4 3-beds →

1708 last sold in December 2013 at AED 1,972 per sqft, 7% above what three-beds in Standpoint Towers 2 were fetching at the time (AED 1,842).

Recent 3-bed salesUnit no.Price (AED)Summary
24 Mar 20253,850,000
11 Dec 20172,930,000
18 Mar 20144,600,000
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 17th floor

All 190 units in Standpoint Towers 2
Value
17012-bedAED 3.5M · Jul 2014
17023-bedAED 3.85M · Mar 2025
17031-bedAED 1.43M · May 2013
17051-bedAED 1.7M · Jun 2024
17061-bedAED 2.2M · Jul 2016
17071-bedAED 1.25M · Sep 2023

1708, Standpoint Towers 2 in numbers

  • Sold once: by Emaar on 11 December 2013 for AED 3,120,888, or AED 1,972 per sqft.
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 250,000 to AED 120,000 in 2020 and recovered to AED 220,000 by August 2024.
  • At AED 220,000 a year the gross yield on the 2013 price is 7.0%, before a service charge of about AED 35,200 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 20 August 2024.

Questions about 1708, Standpoint Towers 2

What did unit 1708 last sell for?

AED 3,120,888 on 11 December 2013, sold by the developer: AED 1,972 per sqft for 1,582 sqft. It is the only registered sale of the unit.

What is the rent for unit 1708?

AED 220,000 a year on the contract signed on 20 August 2024. The previous contract, from August 2022, was AED 170,000; the unit has been rented since December 2013.

How big is unit 1708?

1,582 sqft (147.0 sqm): a three-bedroom apartment on the 17th floor of a 19-storey tower completed in 2012.

What is unit 1708 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 1708, Standpoint Towers 2

Starts from the last sale price (AED 3.12M, 11 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,120,888
Deposit, UAE resident (20%)
AED 624,178
Deposit, non-resident (40%)
AED 1,248,355
Monthly over 25 years at 3.7%
AED 12,769

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