1-bed · 827 sqftStandpoint Towers 2, Downtown Dubai · 6th floor · completed 2012

601, Standpoint Towers 2

Sold prices and rental history: sold 3 times, last in October 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 12 April 2019
Last soldAED 1.75M1 October 2013
Current rentAED 73K /yr12 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Standpoint Towers 2

What is 601 worth today?

Last sold for AED 1,750,000 in 2013

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12 Apr 2019RentedNew contract
AED 73,000/yr12 months · AED 88 per sqft
23 Sep 2017RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
1 Nov 2013RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
1 Oct 2013SoldReady
AED 1,750,000AED 2,115 per sqft
11 Sep 2013SoldReady
AED 1,462,888AED 1,768 per sqft
5 May 2013Sold by developerOff-plan
AED 1,462,888AED 1,768 per sqft

Source: Dubai Land Department. Updated 12 April 2019.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
6th of 19
Parking
B3-31
Developer
Emaar
Completed
2012
Service charge
AED 18,400 /yr
Last sold
AED 1.75M · October 2013

About 601, Standpoint Towers 2

601 is a one-bedroom apartment of 827 sqft on the 6th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 1 October 2013 for AED 1,750,000, or AED 2,115 per sqft, 11% above the AED 1,899 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 12 April 2019, is AED 73,000 a year: a gross yield of 4.2% on the 2013 price, before the service charge of about AED 18,400 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, May 2013: AED 1,462,888 (AED 1,768 per sqft)Sold, September 2013: AED 1,462,888 (AED 1,768 per sqft)Sold, October 2013: AED 1,750,000 (AED 2,115 per sqft)

601 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 601, 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, November 2013: AED 95,000 a yearNew contract, September 2017: AED 85,000 a yearNew contract, April 2019: AED 73,000 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 601 sits

All 92 1-beds →

601 last sold in October 2013 at AED 2,115 per sqft, 11% above what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,899). 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. 601's AED 73,000 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 6th floor

All 190 units in Standpoint Towers 2
Value
6021-bedAED 2.15M · Mar 2014
6032-bedAED 3.4M · Oct 2026
6041-bedAED 1.34M · Sep 2013
6052-bedAED 2.75M · Jun 2015
6061-bedAED 1.49M · Oct 2013
6071-bedAED 1.4M · Sep 2022
608StudioAED 800K · Mar 2022
1–7 of 9

601, Standpoint Towers 2 in numbers

  • Sold 3 times: first on 5 May 2013 for AED 1,462,888, last on 1 October 2013 for AED 1,750,000 (AED 2,115 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 95,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2013 price is 4.2%, before a service charge of about AED 18,400 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 12 April 2019.

Questions about 601, Standpoint Towers 2

What did unit 601 last sell for?

AED 1,750,000 on 1 October 2013: AED 2,115 per sqft for 827 sqft. The unit has 3 registered sales; the first was AED 1,462,888 in May 2013.

What is the rent for unit 601?

AED 73,000 a year on the contract signed on 12 April 2019. The previous contract, from September 2017, was AED 85,000; the unit has been rented since November 2013.

How big is unit 601?

827 sqft (76.8 sqm): a one-bedroom apartment on the 6th floor of a 19-storey tower completed in 2012.

What is unit 601 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 601, Standpoint Towers 2

Starts from the last sale price (AED 1.75M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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