701, Standpoint Towers 2
Sold prices and rental history: sold 3 times, last in September 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Standpoint Towers 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 15 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 827 sqft
- Floor
- 7th of 19
- Parking
- B3-32
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 18,400 /yr
- Last sold
- AED 1.46M · September 2013
- Building
- Standpoint Towers 2
About 701, Standpoint Towers 2
701 is a one-bedroom apartment of 827 sqft on the 7th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 10 September 2013 for AED 1,463,888, or AED 1,769 per sqft, 7% below the AED 1,899 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 January 2024, is AED 110,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 18,400 a year.
Sales and rents for 701 over time
701 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 92 1-beds →701 last sold in September 2013 at AED 1,769 per sqft, 7% below 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. 701's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202626 June 2026 | 877 sqft | 1,950,000 | 2,223 | ||
| 7 May 20267 May 2026 | 715 sqft | 1,741,000 | 2,433 | ||
| 16 Feb 202616 February 2026 | 549 sqft | 700,000 | 1,275 | ||
| 20 Jan 202620 January 2026 | 274 sqft | 700,000 | 2,552 |
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 7th floor
All 190 units in Standpoint Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 877 sqft | AED 1.58MAED 1,580,000 · Jan 2024January 2024 | 85,000 /yr | |
| 703 | 2-bed | 1,316 sqft | AED 3.05MAED 3,050,000 · Dec 2013December 2013 | ||
| 704 | 1-bed | 716 sqft | AED 1.65MAED 1,650,000 · Apr 2023April 2023 | 105,000 /yr | |
| 705 | 2-bed | 1,031 sqft | AED 1.65MAED 1,654,888 · Sep 2013September 2013 | 120,000 /yr | |
| 706 | 1-bed | 716 sqft | AED 1.22MAED 1,215,000 · Feb 2022February 2022 | 110,000 /yr | |
| 707 | 1-bed | 922 sqft | AED 1.63MAED 1,629,888 · Sep 2013September 2013 | 60,000 /yr | |
| 708 | Studio | 440 sqft | AED 1.29MAED 1,285,000 · Mar 2023March 2023 | 68,000 /yr | |
| 709 | 1-bed | 797 sqft | AED 1.95MAED 1,950,000 · Apr 2014April 2014 | 115,000 /yr | |
| 710 | 2-bed | 1,167 sqft | AED 1.54MAED 1,535,000 · Jan 2022January 2022 | 125,000 /yr |
701, Standpoint Towers 2 in numbers
- Sold 3 times: first on 2 June 2013 for AED 1,463,888, last on 10 September 2013 for AED 1,463,888 (AED 1,769 per sqft).
- Rented since October 2015 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 110,000 by January 2024.
- At AED 110,000 a year the gross yield on the 2013 price is 7.5%, 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 15 January 2024.
Questions about 701, Standpoint Towers 2
What did unit 701 last sell for?
AED 1,463,888 on 10 September 2013: AED 1,769 per sqft for 827 sqft. The unit has 3 registered sales; the first was AED 1,463,888 in June 2013.
What is the rent for unit 701?
AED 110,000 a year on the contract signed on 15 January 2024. The previous contract, from December 2022, was AED 110,000; the unit has been rented since October 2015.
How big is unit 701?
827 sqft (76.8 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2012.
What is unit 701 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 701, Standpoint Towers 2
Starts from the last sale price (AED 1.46M, 10 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,463,888
- Deposit, UAE resident (20%)
- AED 292,778
- Deposit, non-resident (40%)
- AED 585,555
- Monthly over 25 years at 3.7%
- AED 5,989
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →