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2-bed · 1,450 sqftStandpoint Towers 2, Downtown Dubai · 5th floor · completed 2012

503, Standpoint Towers 2

Sold prices and rental history: sold 5 times, last in March 2020, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 16 September 2023
Last soldAED 1.41M5 March 2020
Current rentAED 128K /yr16 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Standpoint Towers 2

What is 503 worth today?

Last sold for AED 1,405,000 in 2020

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16 Sep 2023RentedRenewal
AED 128,397/yr12 months · AED 89 per sqft
16 Sep 2022RentedNew contract
AED 125,000/yr12 months · AED 86 per sqft
15 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
5 Mar 2020SoldReady
AED 1,405,000AED 969 per sqft
22 Sep 2013SoldReady
AED 3,325,000AED 2,293 per sqft
9 Sep 2013SoldReady
AED 3,059,000AED 2,110 per sqft
25 Mar 2013SoldOff-plan
AED 3,059,000AED 2,110 per sqft
5 Feb 2013Sold by developerOff-plan
AED 2,501,888AED 1,725 per sqft

Source: Dubai Land Department. Updated 16 September 2023.

Key facts

Type
2-bed apartment
Size
1,450 sqft
Floor
5th of 19
Parking
B1-121
Developer
Emaar
Completed
2012
Service charge
AED 32,300 /yr
Last sold
AED 1.41M · March 2020
Building
Standpoint Towers 2

About 503, Standpoint Towers 2

503 is a two-bedroom apartment of 1,450 sqft on the 5th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 5 March 2020 for AED 1,405,000, or AED 969 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 16 September 2023, is AED 128,397 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 32,300 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, February 2013: AED 2,501,888 (AED 1,725 per sqft)Sold, March 2013: AED 3,059,000 (AED 2,110 per sqft)Sold, September 2013: AED 3,325,000 (AED 2,293 per sqft)Sold, September 2013: AED 3,059,000 (AED 2,110 per sqft)Sold, March 2020: AED 1,405,000 (AED 969 per sqft)

503 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, 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, August 2020: AED 100,000 a yearNew contract, September 2022: AED 125,000 a yearRenewal, September 2023: AED 128,397 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 503 sits

All 59 2-beds →

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. 503's AED 128,397 is in the lower 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 5th floor

All 190 units in Standpoint Towers 2
Value
5011-bedAED 1.46M · Aug 2013
5021-bedAED 1.61M · Sep 2013
5041-bedAED 1.05M · Jan 2022
5051-bedAED 1.68M · Aug 2015
5061-bedAED 2.38M · Sep 2013
507StudioAED 1.25M · May 2025
5081-bedAED 1.25M · Aug 2017
1–7 of 8

503, Standpoint Towers 2 in numbers

  • Sold 5 times: first on 5 February 2013 for AED 2,501,888, last on 5 March 2020 for AED 1,405,000 (AED 969 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 100,000 to AED 128,397 a year.
  • At AED 128,397 a year the gross yield on the 2020 price is 9.1%, before a service charge of about AED 32,300 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 16 September 2023.

Questions about 503, Standpoint Towers 2

What did unit 503 last sell for?

AED 1,405,000 on 5 March 2020: AED 969 per sqft for 1,450 sqft. The unit has 5 registered sales; the first was AED 2,501,888 in February 2013.

What is the rent for unit 503?

AED 128,397 a year on the contract renewed on 16 September 2023. The previous contract, from September 2022, was AED 125,000; the unit has been rented since August 2020.

How big is unit 503?

1,450 sqft (134.7 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2012.

What is unit 503 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 503, Standpoint Towers 2

Starts from the last sale price (AED 1.41M, 5 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,405,000
Deposit, UAE resident (20%)
AED 281,000
Deposit, non-resident (40%)
AED 562,000
Monthly over 25 years at 3.7%
AED 5,748

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