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1-bed · 833 sqftStandpoint Towers 2, Downtown Dubai · 4th floor · completed 2012

402, Standpoint Towers 2

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

Unit 402 · DLD and Ejari recordsUpdated 10 October 2014
Last soldAED 1.69M29 September 2013
Current rentAED 110K /yr10 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Standpoint Towers 2

What is 402 worth today?

Last sold for AED 1,686,888 in 2013

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10 Oct 2014RentedNew contract
AED 110,000/yr12 months · AED 133 per sqft
10 Oct 2013RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
29 Sep 2013Sold by developerReady
AED 1,686,888AED 2,023 per sqft

Source: Dubai Land Department. Updated 10 October 2014.

Key facts

Type
1-bed apartment
Size
833 sqft
Floor
4th of 19
Parking
B2-125
Developer
Emaar
Completed
2012
Service charge
AED 18,600 /yr
Last sold
AED 1.69M · September 2013
Building
Standpoint Towers 2

About 402, Standpoint Towers 2

402 is a one-bedroom apartment of 833 sqft on the 4th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 29 September 2013 for AED 1,686,888, or AED 2,023 per sqft, 7% above the AED 1,899 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 10 October 2014, is AED 110,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 18,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, September 2013: AED 1,686,888 (AED 2,023 per sqft)

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

Rents
Unit 402, 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, October 2013: AED 100,000 a yearNew contract, October 2014: 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 402 sits

All 92 1-beds →

402 last sold in September 2013 at AED 2,023 per sqft, 7% above what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,899). 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. 402'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 4th floor

All 190 units in Standpoint Towers 2
Value
4011-bedAED 2.2M · Jul 2014
4031-bedAED 1.68M · Mar 2014
4042-bedAED 2.5M · May 2023
405StudioAED 1M · Sep 2013
406StudioAED 1.2M · Oct 2024
407StudioAED 550K · Nov 2014
408StudioAED 1M · Jul 2017
1–7 of 12

402, Standpoint Towers 2 in numbers

  • Sold once: by Emaar on 29 September 2013 for AED 1,686,888, or AED 2,023 per sqft.
  • Rented since October 2013 on 2 Ejari contracts, from AED 100,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2013 price is 6.5%, before a service charge of about AED 18,600 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 10 October 2014.

Questions about 402, Standpoint Towers 2

What did unit 402 last sell for?

AED 1,686,888 on 29 September 2013, sold by the developer: AED 2,023 per sqft for 833 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 110,000 a year on the contract signed on 10 October 2014. The previous contract, from October 2013, was AED 100,000.

How big is unit 402?

833 sqft (77.4 sqm): a one-bedroom apartment on the 4th floor of a 19-storey tower completed in 2012.

What is unit 402 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 402, Standpoint Towers 2

Starts from the last sale price (AED 1.69M, 29 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,686,888
Deposit, UAE resident (20%)
AED 337,378
Deposit, non-resident (40%)
AED 674,755
Monthly over 25 years at 3.7%
AED 6,902

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