Studio · 447 sqftStandpoint Towers 2, Downtown Dubai · 2nd floor · completed 2012

207, Standpoint Towers 2

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

Unit 207 · DLD and Ejari recordsUpdated 19 July 2024
Last soldAED 1.52M12 March 2015
Current rentAED 70K /yr19 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Standpoint Towers 2

What is 207 worth today?

Last sold for AED 1,521,888 in 2015

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19 Jul 2024RentedNew contract
AED 70,000/yr12 months · AED 155 per sqft
1 Jul 2023RentedRenewal
AED 50,000/yr12 months · AED 111 per sqft
1 Jul 2022RentedRenewal
AED 43,000/yr12 months · AED 95 per sqft
1 Jul 2020RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
1 May 2019RentedNew contract
AED 56,000/yr12 months · AED 124 per sqft
15 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 144 per sqft
7 Oct 2017RentedRenewal
AED 70,000/yr12 months · AED 155 per sqft
7 Oct 2016RentedRenewal
AED 72,500/yr12 months · AED 160 per sqft

Source: Dubai Land Department. Updated 19 July 2024.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
2nd of 19
Parking
P2-20
Developer
Emaar
Completed
2012
Service charge
AED 10,000 /yr
Last sold
AED 1.52M · March 2015

About 207, Standpoint Towers 2

207 is a studio of 447 sqft on the 2nd floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 12 March 2015 for AED 1,521,888, or AED 3,405 per sqft, 20% above the AED 2,841 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 19 July 2024, is AED 70,000 a year: a gross yield of 4.6% on the 2015 price, before the service charge of about AED 10,000 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in Standpoint Towers 2
1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,507,416; 2013 AED 1,010,444; 2014 AED 1,250,000; 2015 AED 1,262,444; 2022 AED 835,000; 2023 AED 995,000; 2024 AED 1,200,000; 2025 AED 1,200,000Sold by developer, March 2015: AED 1,521,888 (AED 3,405 per sqft)

207 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 207, each contractTypical studio in Standpoint Towers 2
40K60K80K2013201720212025Typical rent by year: 2013 AED 68,000; 2014 AED 74,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 63,000; 2019 AED 59,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 68,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 71,500New contract, March 2015: AED 80,000 a yearNew contract, October 2015: AED 75,000 a yearRenewal, October 2016: AED 72,500 a yearRenewal, October 2017: AED 70,000 a yearNew contract, February 2018: AED 65,000 a yearNew contract, May 2019: AED 56,000 a yearNew contract, July 2020: AED 43,000 a yearRenewal, July 2022: AED 43,000 a yearRenewal, July 2023: AED 50,000 a yearNew contract, July 2024: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Standpoint Towers 2, and where 207 sits

All 35 studios →

207 last sold in March 2015 at AED 3,405 per sqft, 20% above what studios in Standpoint Towers 2 were fetching at the time (AED 2,841). 207's AED 70,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 May 20251,250,000
22 Apr 20251,200,000
22 Apr 20251,200,000
30 Oct 20241,200,000
0 studio 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 2nd floor

All 190 units in Standpoint Towers 2
Value
2011-bedAED 1.65M · Nov 2013
2021-bedAED 1.57M · Aug 2013
2031-bedAED 700K · Feb 2026
2042-bedAED 2.16M · Aug 2013
205StudioAED 1.64M · Feb 2015
206StudioAED 995K · Jul 2023
208StudioAED 685K · Feb 2020
1–7 of 12

207, Standpoint Towers 2 in numbers

  • Sold once: by Emaar on 12 March 2015 for AED 1,521,888, or AED 3,405 per sqft.
  • Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 43,000 in 2022 and recovered to AED 70,000 by July 2024.
  • At AED 70,000 a year the gross yield on the 2015 price is 4.6%, before a service charge of about AED 10,000 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 19 July 2024.

Questions about 207, Standpoint Towers 2

What did unit 207 last sell for?

AED 1,521,888 on 12 March 2015, sold by the developer: AED 3,405 per sqft for 447 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 70,000 a year on the contract signed on 19 July 2024. The previous contract, from July 2023, was AED 50,000; the unit has been rented since March 2015.

How big is unit 207?

447 sqft (41.5 sqm): a studio on the 2nd floor of a 19-storey tower completed in 2012.

What is unit 207 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 207, Standpoint Towers 2

Starts from the last sale price (AED 1.52M, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,521,888
Deposit, UAE resident (20%)
AED 304,378
Deposit, non-resident (40%)
AED 608,755
Monthly over 25 years at 3.7%
AED 6,227

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