2-bed · 1,171 sqftStandpoint Towers 1, Downtown Dubai · 17th floor · completed 2012

1713, Standpoint Towers 1

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1713 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 2.15M25 December 2023
Current rentAED 130K /yr6 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1713, Standpoint Towers 1

What is 1713 worth today?

Last sold for AED 2,150,000 in 2023

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25 Dec 2023SoldReady
AED 2,150,000AED 1,835 per sqft
6 Apr 2022RentedNew contract
AED 130,000/yr12 months · AED 111 per sqft
21 Feb 2021RentedRenewal
AED 90,000/yr12 months · AED 77 per sqft
21 Feb 2020RentedNew contract
AED 92,000/yr12 months · AED 78 per sqft
27 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 94 per sqft
1 Aug 2017RentedNew contract
AED 140,000/yr12 months · AED 119 per sqft
1 Feb 2016RentedNew contract
AED 145,000/yr12 months · AED 124 per sqft
19 Sep 2013SoldReady
AED 2,350,000AED 2,006 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2023.

Key facts

Type
2-bed apartment
Size
1,171 sqft
Floor
17th of 27
Parking
B1-141
Developer
Emaar
Completed
2012
Service charge
AED 26,100 /yr
Last sold
AED 2.15M · December 2023

About 1713, Standpoint Towers 1

1713 is a two-bedroom apartment of 1,171 sqft on the 17th floor of Standpoint Towers 1, a 27-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 25 December 2023 for AED 2,150,000, or AED 1,835 per sqft, in line with the AED 1,882 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 6 April 2022, is AED 130,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 26,100 a year.

Sales and rents for 1713 over time

Sales
Unit 1713, each saleTypical two-bed in Standpoint Towers 1
2M3M2009201420192024Typical sale price by year: 2009 AED 2,897,902; 2010 AED 2,357,166; 2012 AED 2,475,144; 2013 AED 2,400,000; 2014 AED 2,900,000; 2015 AED 3,162,388; 2016 AED 2,800,000; 2017 AED 2,437,500; 2018 AED 1,975,000; 2021 AED 1,800,000; 2022 AED 2,000,000; 2023 AED 2,550,000; 2024 AED 2,415,000; 2025 AED 3,000,000; 2026 AED 3,175,000Sold by developer, July 2013: AED 1,875,888 (AED 1,601 per sqft)Sold, September 2013: AED 2,350,000 (AED 2,006 per sqft)Sold, September 2013: AED 1,875,888 (AED 1,601 per sqft)Sold, December 2023: AED 2,150,000 (AED 1,835 per sqft)

1713 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1713, each contractTypical two-bed in Standpoint Towers 1
100K150K2013201720212025Typical rent by year: 2013 AED 147,500; 2014 AED 170,000; 2015 AED 160,000; 2016 AED 152,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 88,000; 2021 AED 90,000; 2022 AED 112,000; 2023 AED 137,306; 2024 AED 149,250; 2025 AED 160,000; 2026 AED 152,750New contract, February 2016: AED 145,000 a yearNew contract, August 2017: AED 140,000 a yearNew contract, October 2018: AED 110,000 a yearNew contract, February 2020: AED 92,000 a yearRenewal, February 2021: AED 90,000 a yearNew contract, April 2022: AED 130,000 a year

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 1, and where 1713 sits

All 96 2-beds →

1713 last sold in December 2023 at AED 1,835 per sqft, in line with what two-beds in Standpoint Towers 1 were fetching at the time (AED 1,882). Over the last 12 months two-beds sold for AED 2,500,000 to 4,100,000, around AED 2,398 per sqft, and rent for AED 100,000 to 342,109 a year. 1713's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20264,100,000
12 Jan 20263,450,000
8 Jan 20262,900,000
7 Jan 20262,600,000
6 2-bed sales in the last 12 months

Standpoint Towers 1

Building

344 apartments, studios to 3-bed over 27 floors in Downtown Dubai, completed in 2012 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,398
Typical sale
AED 2.6M
Typical rent
AED 113K /yr
Typical yield
6.0%
Standpoint Towers 1, Downtown Dubai: prices, sales and rents →

Other units on the 17th floor

All 344 units in Standpoint Towers 1
Value
17011-bedAED 1.57M · Feb 2014
17021-bedAED 1.85M · Sep 2024
17031-bedAED 1.56M · Aug 2013
17042-bedAED 2.2M · Aug 2023
17051-bedAED 1.76M · Sep 2013
17061-bedAED 1.75M · Feb 2014
17071-bedAED 1.45M · Jul 2022
1–7 of 12

1713, Standpoint Towers 1 in numbers

  • Sold 4 times: first on 3 July 2013 for AED 1,875,888, last on 25 December 2023 for AED 2,150,000 (AED 1,835 per sqft).
  • Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 145,000 to AED 90,000 in 2021 and recovered to AED 130,000 by April 2022.
  • At AED 130,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 26,100 a year (AED 22.27 per sqft).
  • Two-beds in Standpoint Towers 1 sold for AED 2,500,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,398 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2023.

Questions about 1713, Standpoint Towers 1

What did unit 1713 last sell for?

AED 2,150,000 on 25 December 2023: AED 1,835 per sqft for 1,171 sqft. The unit has 4 registered sales; the first was AED 1,875,888 in July 2013.

What is the rent for unit 1713?

AED 130,000 a year on the contract signed on 6 April 2022. The previous contract, from February 2021, was AED 90,000; the unit has been rented since February 2016.

How big is unit 1713?

1,171 sqft (108.8 sqm): a two-bedroom apartment on the 17th floor of a 27-storey tower completed in 2012.

What is unit 1713 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 1 sold for AED 2,500,000 to 4,100,000 in the last 12 months, around AED 2,398 per sqft.

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Mortgage on 1713, Standpoint Towers 1

Starts from the last sale price (AED 2.15M, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →