509, Standpoint Towers 2
Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Standpoint Towers 2
What is 509 worth today?
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Source: Dubai Land Department. Updated 3 June 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,167 sqft
- Floor
- 5th of 19
- Parking
- B2-72
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 26,000 /yr
- Last sold
- AED 2.32M · September 2013
- Building
- Standpoint Towers 2
About 509, Standpoint Towers 2
509 is a two-bedroom apartment of 1,167 sqft on the 5th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 30 September 2013 for AED 2,321,888, or AED 1,989 per sqft, 10% above the AED 1,816 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 3 June 2020, is AED 95,000 a year: a gross yield of 4.1% on the 2013 price, before the service charge of about AED 26,000 a year.
Sales and rents for 509 over time
509 has sold once; the dashed line is the two-bed median of each year in the building.
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 509 sits
All 59 2-beds →509 last sold in September 2013 at AED 1,989 per sqft, 10% above what two-beds in Standpoint Towers 2 were fetching at the time (AED 1,816). 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. 509's AED 95,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,316 sqft | 3,400,000 | 2,583 | ||
| 13 Aug 202613 August 2026 | 1,316 sqft | 2,500,000 | 1,899 | ||
| 29 Jul 202629 July 2026 | 1,316 sqft | 2,850,000 | 2,165 | ||
| 2 Jun 20262 June 2026 | 1,483 sqft | 2,950,000 | 1,989 |
Standpoint Towers 2
Building190 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%
Other units on the 5th floor
All 190 units in Standpoint Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 827 sqft | AED 1.46MAED 1,461,888 · Aug 2013August 2013 | 91,000 /yr | |
| 502 | 1-bed | 877 sqft | AED 1.61MAED 1,606,888 · Sep 2013September 2013 | ||
| 503 | 2-bed | 1,450 sqft | AED 1.41MAED 1,405,000 · Mar 2020March 2020 | 128,397 /yr | |
| 504 | 1-bed | 847 sqft | AED 1.05MAED 1,050,000 · Jan 2022January 2022 | 100,000 /yr | |
| 505 | 1-bed | 848 sqft | AED 1.68MAED 1,675,000 · Aug 2015August 2015 | 70,000 /yr | |
| 506 | 1-bed | 959 sqft | AED 2.38MAED 2,381,166 · Sep 2013September 2013 | 120,000 /yr | |
| 507 | Studio | 656 sqft | AED 1.25MAED 1,250,000 · May 2025May 2025 | 18,000 /yr | |
| 508 | 1-bed | 1,045 sqft | AED 1.25MAED 1,250,000 · Aug 2017August 2017 | 90,000 /yr |
509, Standpoint Towers 2 in numbers
- Sold once: by Emaar on 30 September 2013 for AED 2,321,888, or AED 1,989 per sqft.
- Rented since October 2013 on 4 Ejari contracts, from AED 149,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2013 price is 4.1%, before a service charge of about AED 26,000 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 3 June 2020.
Questions about 509, Standpoint Towers 2
What did unit 509 last sell for?
AED 2,321,888 on 30 September 2013, sold by the developer: AED 1,989 per sqft for 1,167 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 95,000 a year on the contract signed on 3 June 2020. The previous contract, from May 2019, was AED 95,000; the unit has been rented since October 2013.
How big is unit 509?
1,167 sqft (108.4 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2012.
What is unit 509 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 509, Standpoint Towers 2
Starts from the last sale price (AED 2.32M, 30 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,321,888
- Deposit, UAE resident (20%)
- AED 464,378
- Deposit, non-resident (40%)
- AED 928,755
- Monthly over 25 years at 3.7%
- AED 9,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →