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2-bed · 1,316 sqftStandpoint Towers 2, Downtown Dubai · 7th floor · completed 2012

703, Standpoint Towers 2

Sold prices and rental history: sold 4 times, last in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 24 December 2013
Last soldAED 3.05M24 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Standpoint Towers 2

What is 703 worth today?

Last sold for AED 3,050,000 in 2013

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24 Dec 2013SoldReady
AED 3,050,000AED 2,317 per sqft
21 Nov 2013SoldReady
AED 2,850,000AED 2,165 per sqft
20 Nov 2012SoldOff-plan
AED 2,850,000AED 2,165 per sqft
18 Nov 2012Sold by developerOff-plan
AED 2,324,888AED 1,766 per sqft

Source: Dubai Land Department. Updated 24 December 2013.

Key facts

Type
2-bed apartment
Size
1,316 sqft
Floor
7th of 19
Parking
B1-32
Developer
Emaar
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 3.05M · December 2013
Building
Standpoint Towers 2

About 703, Standpoint Towers 2

703 is a two-bedroom apartment of 1,316 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 24 December 2013 for AED 3,050,000, or AED 2,317 per sqft, 16% above the AED 1,989 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Standpoint Towers 2
2M3M2010201520202025Typical sale price by year: 2010 AED 3,065,916; 2012 AED 2,327,888; 2013 AED 2,400,000; 2014 AED 2,860,000; 2015 AED 2,750,000; 2016 AED 2,200,000; 2018 AED 1,715,000; 2020 AED 1,405,000; 2021 AED 1,820,000; 2023 AED 2,500,000; 2024 AED 2,350,000; 2025 AED 2,750,000; 2026 AED 2,900,000Sold, November 2012: AED 2,850,000 (AED 2,165 per sqft)Sold by developer, November 2012: AED 2,324,888 (AED 1,766 per sqft)Sold, November 2013: AED 2,850,000 (AED 2,165 per sqft)Sold, December 2013: AED 3,050,000 (AED 2,317 per sqft)

703 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, each contractTypical two-bed in Standpoint Towers 2
100K150K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 160,000; 2015 AED 157,868; 2016 AED 152,500; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 95,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 120,000; 2023 AED 137,500; 2024 AED 141,004; 2025 AED 150,000; 2026 AED 134,000

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 703 sits

All 59 2-beds →

703 last sold in December 2013 at AED 2,317 per sqft, 16% above what two-beds in Standpoint Towers 2 were fetching at the time (AED 1,989). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20263,400,000
13 Aug 20262,500,000
29 Jul 20262,850,000
2 Jun 20262,950,000
5 2-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 7th floor

All 190 units in Standpoint Towers 2
Value
7011-bedAED 1.46M · Sep 2013
7021-bedAED 1.58M · Jan 2024
7041-bedAED 1.65M · Apr 2023
7052-bedAED 1.65M · Sep 2013
7061-bedAED 1.22M · Feb 2022
7071-bedAED 1.63M · Sep 2013
708StudioAED 1.29M · Mar 2023
1–7 of 9

703, Standpoint Towers 2 in numbers

  • Sold 4 times: first on 18 November 2012 for AED 2,324,888, last on 24 December 2013 for AED 3,050,000 (AED 2,317 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 24 December 2013.

Questions about 703, Standpoint Towers 2

What did unit 703 last sell for?

AED 3,050,000 on 24 December 2013: AED 2,317 per sqft for 1,316 sqft. The unit has 4 registered sales; the first was AED 2,324,888 in November 2012.

How big is unit 703?

1,316 sqft (122.3 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2012.

What is unit 703 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 703, Standpoint Towers 2

Starts from the last sale price (AED 3.05M, 24 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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