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1-bed · 1,045 sqftStandpoint Towers 2, Downtown Dubai · 5th floor · completed 2012

508, Standpoint Towers 2

Sold prices and rental history: sold twice, last in August 2017, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 3 August 2017
Last soldAED 1.25M3 August 2017
Current rentAED 90K /yr23 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Standpoint Towers 2

What is 508 worth today?

Last sold for AED 1,250,000 in 2017

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3 Aug 2017SoldReady
AED 1,250,000AED 1,195 per sqft
3 Sep 2013Sold by developerReady
AED 1,597,888AED 1,528 per sqft
23 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 3 August 2017.

Key facts

Type
1-bed apartment
Size
1,045 sqft
Floor
5th of 19
Parking
B3-15
Developer
Emaar
Completed
2012
Service charge
AED 23,300 /yr
Last sold
AED 1.25M · August 2017
Building
Standpoint Towers 2

About 508, Standpoint Towers 2

508 is a one-bedroom apartment of 1,045 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 3 August 2017 for AED 1,250,000, or AED 1,195 per sqft, 35% below the AED 1,847 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 August 2013. The current contract, signed on 23 August 2013, is AED 90,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 23,300 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 1,597,888 (AED 1,528 per sqft)Sold, August 2017: AED 1,250,000 (AED 1,195 per sqft)

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

Rents
Unit 508, 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, August 2013: AED 90,000 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 508 sits

All 92 1-beds →

508 last sold in August 2017 at AED 1,195 per sqft, 35% below what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,847). 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. 508's AED 90,000 is in the lower 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 5th floor

All 190 units in Standpoint Towers 2
Value
5011-bedAED 1.46M · Aug 2013
5021-bedAED 1.61M · Sep 2013
5032-bedAED 1.41M · Mar 2020
5041-bedAED 1.05M · Jan 2022
5051-bedAED 1.68M · Aug 2015
5061-bedAED 2.38M · Sep 2013
507StudioAED 1.25M · May 2025
1–7 of 8

508, Standpoint Towers 2 in numbers

  • Sold twice: first on 3 September 2013 for AED 1,597,888, last on 3 August 2017 for AED 1,250,000 (AED 1,195 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 23,300 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 3 August 2017.

Questions about 508, Standpoint Towers 2

What did unit 508 last sell for?

AED 1,250,000 on 3 August 2017: AED 1,195 per sqft for 1,045 sqft. The unit has 2 registered sales; the first was AED 1,597,888 in September 2013.

What is the rent for unit 508?

AED 90,000 a year on the contract signed on 23 August 2013.

How big is unit 508?

1,045 sqft (97.1 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2012.

What is unit 508 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 508, Standpoint Towers 2

Starts from the last sale price (AED 1.25M, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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