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Studio · 440 sqftStandpoint Towers 2, Downtown Dubai · 6th floor · completed 2012

608, Standpoint Towers 2

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 23 March 2022
Last soldAED 800K23 March 2022
Current rentAED 60K /yr29 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 608, Standpoint Towers 2

What is 608 worth today?

Last sold for AED 800,000 in 2022

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23 Mar 2022SoldReady
AED 800,000AED 1,818 per sqft
29 Mar 2021RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
29 Mar 2020RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
29 Mar 2019RentedRenewal
AED 65,000/yr12 months · AED 148 per sqft
29 Mar 2018RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
29 Jun 2016RentedRenewal
AED 70,000/yr12 months · AED 159 per sqft
29 Jun 2015RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
29 Jun 2014RentedNew contract
AED 68,250/yr12 months · AED 155 per sqft

Source: Dubai Land Department. Updated 23 March 2022.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
6th of 19
Parking
P3-45
Developer
Emaar
Completed
2012
Service charge
AED 9,800 /yr
Last sold
AED 800K · March 2022
Building
Standpoint Towers 2

About 608, Standpoint Towers 2

608 is a studio of 440 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 23 March 2022 for AED 800,000, or AED 1,818 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 29 March 2021, is AED 60,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 9,800 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical studio in Standpoint Towers 2
1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,507,416; 2013 AED 1,010,444; 2014 AED 1,250,000; 2015 AED 1,262,444; 2022 AED 835,000; 2023 AED 995,000; 2024 AED 1,200,000; 2025 AED 1,200,000Sold by developer, May 2013: AED 967,888 (AED 2,199 per sqft)Sold, April 2014: AED 967,888 (AED 2,199 per sqft)Sold, March 2022: AED 800,000 (AED 1,818 per sqft)

608 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 608, each contractTypical studio in Standpoint Towers 2
60K2013201720212025Typical rent by year: 2013 AED 68,000; 2014 AED 74,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 63,000; 2019 AED 59,000; 2020 AED 48,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 68,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 71,500New contract, June 2013: AED 65,000 a yearNew contract, June 2014: AED 68,250 a yearNew contract, June 2015: AED 70,000 a yearRenewal, June 2016: AED 70,000 a yearNew contract, March 2018: AED 70,000 a yearRenewal, March 2019: AED 65,000 a yearRenewal, March 2020: AED 60,000 a yearRenewal, March 2021: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Standpoint Towers 2, and where 608 sits

All 35 studios →

608's AED 60,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
1 May 20251,250,000
22 Apr 20251,200,000
22 Apr 20251,200,000
30 Oct 20241,200,000
0 studio 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
6071-bedAED 1.4M · Sep 2022
1–7 of 9

608, Standpoint Towers 2 in numbers

  • Sold 3 times: first on 23 May 2013 for AED 967,888, last on 23 March 2022 for AED 800,000 (AED 1,818 per sqft).
  • Rented since June 2013 on 8 Ejari contracts, from AED 65,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 9,800 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 23 March 2022.

Questions about 608, Standpoint Towers 2

What did unit 608 last sell for?

AED 800,000 on 23 March 2022: AED 1,818 per sqft for 440 sqft. The unit has 3 registered sales; the first was AED 967,888 in May 2013.

What is the rent for unit 608?

AED 60,000 a year on the contract renewed on 29 March 2021. The previous contract, from March 2020, was AED 60,000; the unit has been rented since June 2013.

How big is unit 608?

440 sqft (40.9 sqm): a studio on the 6th floor of a 19-storey tower completed in 2012.

What is unit 608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 608, Standpoint Towers 2

Starts from the last sale price (AED 800K, 23 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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