2-bed · 1,152 sqftStandpoint Towers 2, Downtown Dubai · 4th floor · completed 2012

412, Standpoint Towers 2

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 8 September 2024
Last soldAED 3.49M9 July 2014
Current rentAED 158K /yr8 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Standpoint Towers 2

What is 412 worth today?

Last sold for AED 3,490,416 in 2014

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8 Sep 2024RentedRenewal
AED 157,500/yr12 months · AED 137 per sqft
8 Sep 2023RentedRenewal
AED 150,000/yr12 months · AED 130 per sqft
8 Sep 2022RentedNew contract
AED 150,000/yr12 months · AED 130 per sqft
16 Nov 2015RentedRenewal
AED 153,324/yr12 months · AED 133 per sqft
16 Nov 2014RentedNew contract
AED 133,000/yr12 months · AED 115 per sqft
9 Jul 2014SoldReady
AED 3,490,416AED 3,031 per sqft
16 Nov 2013RentedNew contract
AED 133,000/yr12 months · AED 115 per sqft
2 Mar 2010Sold by developerOff-plan
AED 3,490,416AED 3,031 per sqft

Source: Dubai Land Department. Updated 8 September 2024.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
4th of 19
Parking
B1-26
Developer
Emaar
Completed
2012
Service charge
AED 25,600 /yr
Last sold
AED 3.49M · July 2014

About 412, Standpoint Towers 2

412 is a two-bedroom apartment of 1,152 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 9 July 2014 for AED 3,490,416, or AED 3,031 per sqft, 43% above the AED 2,126 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 8 September 2024, is AED 157,500 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 25,600 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical two-bed in Standpoint Towers 2
2M3M2010201520202025Typical sale price by year: 2010 AED 3,065,916; 2012 AED 2,327,888; 2013 AED 2,400,000; 2014 AED 2,860,000; 2015 AED 2,750,000; 2016 AED 2,200,000; 2018 AED 1,715,000; 2020 AED 1,405,000; 2021 AED 1,820,000; 2023 AED 2,500,000; 2024 AED 2,350,000; 2025 AED 2,750,000; 2026 AED 2,900,000Sold by developer, March 2010: AED 3,490,416 (AED 3,031 per sqft)Sold, July 2014: AED 3,490,416 (AED 3,031 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in Standpoint Towers 2
100K150K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 160,000; 2015 AED 157,868; 2016 AED 152,500; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 95,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 120,000; 2023 AED 137,500; 2024 AED 141,004; 2025 AED 150,000; 2026 AED 134,000New contract, November 2013: AED 133,000 a yearNew contract, November 2014: AED 133,000 a yearRenewal, November 2015: AED 153,324 a yearNew contract, September 2022: AED 150,000 a yearRenewal, September 2023: AED 150,000 a yearRenewal, September 2024: AED 157,500 a year

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

2-beds in Standpoint Towers 2, and where 412 sits

All 59 2-beds →

412 last sold in July 2014 at AED 3,031 per sqft, 43% above what two-beds in Standpoint Towers 2 were fetching at the time (AED 2,126). Over the last 12 months two-beds sold for AED 2,500,000 to 3,400,000, around AED 2,165 per sqft, and rent for AED 90,000 to 205,000 a year. 412's AED 157,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20263,400,000
13 Aug 20262,500,000
29 Jul 20262,850,000
2 Jun 20262,950,000
5 2-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
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
407StudioAED 550K · Nov 2014
1–7 of 12

412, Standpoint Towers 2 in numbers

  • Sold twice: first on 2 March 2010 for AED 3,490,416, last on 9 July 2014 for AED 3,490,416 (AED 3,031 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 133,000 to AED 157,500 a year.
  • At AED 157,500 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 25,600 a year (AED 22.27 per sqft).
  • Two-beds in Standpoint Towers 2 sold for AED 2,500,000–3,400,000 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 8 September 2024.

Questions about 412, Standpoint Towers 2

What did unit 412 last sell for?

AED 3,490,416 on 9 July 2014: AED 3,031 per sqft for 1,152 sqft. The unit has 2 registered sales; the first was AED 3,490,416 in March 2010.

What is the rent for unit 412?

AED 157,500 a year on the contract renewed on 8 September 2024. The previous contract, from September 2023, was AED 150,000; the unit has been rented since November 2013.

How big is unit 412?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2012.

What is unit 412 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Standpoint Towers 2 sold for AED 2,500,000 to 3,400,000 in the last 12 months, around AED 2,165 per sqft.

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Mortgage on 412, Standpoint Towers 2

Starts from the last sale price (AED 3.49M, 9 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,490,416
Deposit, UAE resident (20%)
AED 698,083
Deposit, non-resident (40%)
AED 1,396,166
Monthly over 25 years at 3.7%
AED 14,280

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