1-bed · 922 sqftStandpoint Towers 2, Downtown Dubai · 6th floor · completed 2012

607, Standpoint Towers 2

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 13 September 2022
Last soldAED 1.4M13 September 2022
Current rentAED 75K /yr7 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Standpoint Towers 2

What is 607 worth today?

Last sold for AED 1,400,000 in 2022

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13 Sep 2022SoldReady
AED 1,400,000AED 1,517 per sqft
7 Feb 2021RentedRenewal
AED 75,000/yr12 months · AED 81 per sqft
7 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
24 Oct 2017RentedRenewal
AED 110,000/yr12 months · AED 119 per sqft
24 Oct 2016RentedNew contract
AED 110,000/yr12 months · AED 119 per sqft
14 Aug 2016Sold by developerReady
AED 1,628,888AED 1,765 per sqft
10 Oct 2015RentedNew contract
AED 100,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 13 September 2022.

Key facts

Type
1-bed apartment
Size
922 sqft
Floor
6th of 19
Parking
B2-81
Developer
Emaar
Completed
2012
Service charge
AED 20,500 /yr
Last sold
AED 1.4M · September 2022

About 607, Standpoint Towers 2

607 is a one-bedroom apartment of 922 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 13 September 2022 for AED 1,400,000, or AED 1,517 per sqft, in line with the AED 1,506 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 7 February 2021, is AED 75,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 20,500 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, August 2016: AED 1,628,888 (AED 1,765 per sqft)Sold, September 2022: AED 1,400,000 (AED 1,517 per sqft)

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

Rents
Unit 607, 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, October 2015: AED 100,000 a yearNew contract, October 2016: AED 110,000 a yearRenewal, October 2017: AED 110,000 a yearNew contract, February 2020: AED 75,000 a yearRenewal, February 2021: AED 75,000 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 607 sits

All 92 1-beds →

607 last sold in September 2022 at AED 1,517 per sqft, in line with what one-beds in Standpoint Towers 2 were fetching at the time (AED 1,506). 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. 607's AED 75,000 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
6011-bedAED 1.75M · Oct 2013
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
608StudioAED 800K · Mar 2022
1–7 of 9

607, Standpoint Towers 2 in numbers

  • Sold twice: first on 14 August 2016 for AED 1,628,888, last on 13 September 2022 for AED 1,400,000 (AED 1,517 per sqft).
  • Rented since October 2015 on 5 Ejari contracts, from AED 100,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 20,500 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 13 September 2022.

Questions about 607, Standpoint Towers 2

What did unit 607 last sell for?

AED 1,400,000 on 13 September 2022: AED 1,517 per sqft for 922 sqft. The unit has 2 registered sales; the first was AED 1,628,888 in August 2016.

What is the rent for unit 607?

AED 75,000 a year on the contract renewed on 7 February 2021. The previous contract, from February 2020, was AED 75,000; the unit has been rented since October 2015.

How big is unit 607?

922 sqft (85.7 sqm): a one-bedroom apartment on the 6th floor of a 19-storey tower completed in 2012.

What is unit 607 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 607, Standpoint Towers 2

Starts from the last sale price (AED 1.4M, 13 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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