1-bed · 549 sqftStandpoint Towers 2, Downtown Dubai · 1st floor · completed 2012

103, Standpoint Towers 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 6 October 2024
Last soldAED 1.2M23 October 2023
Current rentAED 105K /yr6 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Standpoint Towers 2

What is 103 worth today?

Last sold for AED 1,200,000 in 2023

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6 Oct 2024RentedNew contract
AED 105,000/yr12 months · AED 191 per sqft
1 Dec 2023RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
26 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
23 Oct 2023SoldReady
AED 1,200,000AED 2,187 per sqft
2 Dec 2021RentedRenewal
AED 48,000/yr12 months · AED 87 per sqft
30 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft
15 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 100 per sqft
25 Sep 2017SoldReady
AED 1,030,950AED 1,879 per sqft

Source: Dubai Land Department. Updated 6 October 2024.

Key facts

Type
1-bed apartment
Size
549 sqft
Floor
1st of 19
Parking
P1-13
Developer
Emaar
Completed
2012
Service charge
AED 12,200 /yr
Last sold
AED 1.2M · October 2023

About 103, Standpoint Towers 2

103 is a one-bedroom apartment of 549 sqft on the 1st floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 23 October 2023 for AED 1,200,000, or AED 2,187 per sqft, 4% above the AED 2,096 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 6 October 2024, is AED 105,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Standpoint Towers 2
1M1.5M2M20102014201820222026Typical sale price by year: 2010 AED 2,001,291; 2012 AED 1,403,044; 2013 AED 1,574,888; 2014 AED 1,762,500; 2015 AED 1,677,444; 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 1,500,000; 2024 AED 1,700,000; 2025 AED 1,820,000Sold by developer, September 2013: AED 1,506,888 (AED 2,746 per sqft)Sold, September 2017: AED 1,030,950 (AED 1,879 per sqft)Sold, October 2023: AED 1,200,000 (AED 2,187 per sqft)

103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 103, each contractTypical one-bed in Standpoint Towers 2
50K100K2013201720212025Typical rent by year: 2013 AED 92,500; 2014 AED 105,000; 2015 AED 100,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 85,000; 2019 AED 75,500; 2020 AED 65,500; 2021 AED 66,000; 2022 AED 77,500; 2023 AED 87,875; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 110,000New contract, October 2013: AED 129,651 a yearNew contract, October 2014: AED 100,000 a yearNew contract, December 2015: AED 90,000 a yearNew contract, December 2016: AED 82,000 a yearNew contract, January 2020: AED 55,000 a yearNew contract, November 2020: AED 45,000 a yearRenewal, December 2021: AED 48,000 a yearNew contract, October 2023: AED 65,000 a yearNew contract, December 2023: AED 65,000 a yearNew contract, October 2024: AED 105,000 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 103 sits

All 88 1-beds →

103 last sold in October 2023 at AED 2,187 per sqft, 4% above what one-beds in Standpoint Towers 2 were fetching at the time (AED 2,096). Over the last 12 months one-beds sold for AED 700,000 to 1,800,000, around AED 2,515 per sqft, and rent for AED 90,825 to 145,000 a year. 103's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 2026700,000
20 Jan 2026700,000
21 May 20251,820,000
14 Feb 20251,875,000
3 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. 4 sold in the last 12 months.

Typical price per sqft
AED 2,471
Typical sale
AED 1.25M
Typical rent
AED 121K /yr
Typical yield
5.8%
Standpoint Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 1st floor

All 190 units in Standpoint Towers 2
Value
1011-bedAED 1.13M · Oct 2022
1021-bedAED 1.68M · Jul 2015
1042-bedAED 2.16M · Sep 2013
105StudioAED 835K · Nov 2022
106StudioAED 950K · May 2023
107StudioAED 1M · May 2016
108StudioAED 1.02M · Oct 2013
1–7 of 12

103, Standpoint Towers 2 in numbers

  • Sold 3 times: first on 10 September 2013 for AED 1,506,888, last on 23 October 2023 for AED 1,200,000 (AED 2,187 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 129,651 to AED 45,000 in 2020 and recovered to AED 105,000 by October 2024.
  • At AED 105,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 12,200 a year (AED 22.27 per sqft).
  • One-beds in Standpoint Towers 2 sold for AED 700,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,471 per sqft.

Source: Dubai Land Department. Updated 6 October 2024.

Questions about 103, Standpoint Towers 2

What did unit 103 last sell for?

AED 1,200,000 on 23 October 2023: AED 2,187 per sqft for 549 sqft. The unit has 3 registered sales; the first was AED 1,506,888 in September 2013.

What is the rent for unit 103?

AED 105,000 a year on the contract signed on 6 October 2024. The previous contract, from December 2023, was AED 65,000; the unit has been rented since October 2013.

How big is unit 103?

549 sqft (51.0 sqm): a one-bedroom apartment on the 1st floor of a 19-storey tower completed in 2012.

What is unit 103 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 1,800,000 in the last 12 months, around AED 2,515 per sqft.

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Mortgage on 103, Standpoint Towers 2

Starts from the last sale price (AED 1.2M, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →