Studio · 447 sqftStandpoint Towers 2, Downtown Dubai · 4th floor · completed 2012

407, Standpoint Towers 2

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 550K26 November 2014
Current rentAED 81K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Standpoint Towers 2

What is 407 worth today?

Last sold for AED 550,000 in 2014

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10 Jul 2025RentedNew contract
AED 81,000/yr12 months · AED 181 per sqft
5 Aug 2024RentedRenewal
AED 73,000/yr12 months · AED 161 per sqft
5 Aug 2023RentedNew contract
AED 73,000/yr12 months · AED 161 per sqft
25 Jul 2022RentedNew contract
AED 58,000/yr12 months · AED 128 per sqft
29 May 2020RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
23 Nov 2017RentedNew contract
AED 72,000/yr12 months · AED 159 per sqft
23 Nov 2016RentedNew contract
AED 73,000/yr12 months · AED 161 per sqft
29 Oct 2015RentedNew contract
AED 82,000/yr12 months · AED 181 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
4th of 19
Parking
P3-16
Developer
Emaar
Completed
2012
Service charge
AED 10,000 /yr
Last sold
AED 550K · November 2014

About 407, Standpoint Towers 2

407 is a studio of 447 sqft on the 4th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 26 November 2014 for AED 550,000, or AED 1,230 per sqft, 57% below the AED 2,874 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 10 July 2025, is AED 81,000 a year: a gross yield of 14.7% on the 2014 price, before the service charge of about AED 10,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Standpoint Towers 2
500K1M1.5M20102014201820222026Typical 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, May 2013: AED 971,888 (AED 2,174 per sqft)Sold, December 2013: AED 971,888 (AED 2,174 per sqft)Sold, November 2014: AED 550,000 (AED 1,230 per sqft)

407 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 407, each contractTypical studio in Standpoint Towers 2
60K80K2013201720212025Typical 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, October 2014: AED 59,679 a yearNew contract, October 2015: AED 82,000 a yearNew contract, November 2016: AED 73,000 a yearNew contract, November 2017: AED 72,000 a yearNew contract, May 2020: AED 50,000 a yearNew contract, July 2022: AED 58,000 a yearNew contract, August 2023: AED 73,000 a yearRenewal, August 2024: AED 73,000 a yearNew contract, July 2025: AED 81,000 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 407 sits

All 35 studios →

407 last sold in November 2014 at AED 1,230 per sqft, 57% below what studios in Standpoint Towers 2 were fetching at the time (AED 2,874). 407's AED 81,000 is in the upper 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 4th floor

All 190 units in Standpoint Towers 2
Value
4011-bedAED 2.2M · Jul 2014
4021-bedAED 1.69M · Sep 2013
4031-bedAED 1.68M · Mar 2014
4042-bedAED 2.5M · May 2023
405StudioAED 1M · Sep 2013
406StudioAED 1.2M · Oct 2024
408StudioAED 1M · Jul 2017
1–7 of 12

407, Standpoint Towers 2 in numbers

  • Sold 3 times: first on 27 May 2013 for AED 971,888, last on 26 November 2014 for AED 550,000 (AED 1,230 per sqft).
  • Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 59,679 to AED 50,000 in 2020 and recovered to AED 81,000 by July 2025.
  • At AED 81,000 a year the gross yield on the 2014 price is 14.7%, before a service charge of about AED 10,000 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 10 July 2025.

Questions about 407, Standpoint Towers 2

What did unit 407 last sell for?

AED 550,000 on 26 November 2014: AED 1,230 per sqft for 447 sqft. The unit has 3 registered sales; the first was AED 971,888 in May 2013.

What is the rent for unit 407?

AED 81,000 a year on the contract signed on 10 July 2025. The previous contract, from August 2024, was AED 73,000; the unit has been rented since October 2014.

How big is unit 407?

447 sqft (41.5 sqm): a studio on the 4th floor of a 19-storey tower completed in 2012.

What is unit 407 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 407, Standpoint Towers 2

Starts from the last sale price (AED 550K, 26 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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