1108, Standpoint Towers 2
Sold prices and rental history: sold 4 times, last in June 2016, 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 1108, Standpoint Towers 2
What is 1108 worth today?
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Source: Dubai Land Department. Updated 1 January 2023.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Floor
- 11th of 19
- Parking
- P3-21
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 9,800 /yr
- Last sold
- AED 1M · June 2016
- Building
- Standpoint Towers 2
About 1108, Standpoint Towers 2
1108 is a studio of 440 sqft on the 11th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 20 June 2016 for AED 1,000,000, or AED 2,272 per sqft, in line with the AED 2,241 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 January 2023, is AED 70,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 9,800 a year.
Sales and rents for 1108 over time
1108 has sold 4 times; the dashed line is the studio median of each year in the building.
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 1108 sits
All 35 studios →1108 last sold in June 2016 at AED 2,272 per sqft, in line with what studios in Standpoint Towers 2 were fetching at the time (AED 2,241).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20251 May 2025 | 657 sqft | 1,250,000 | 1,904 | ||
| 22 Apr 202522 April 2025 | 446 sqft | 1,200,000 | 2,690 | ||
| 22 Apr 202522 April 2025 | 446 sqft | 1,200,000 | 2,688 | ||
| 30 Oct 202430 October 2024 | 447 sqft | 1,200,000 | 2,685 |
Standpoint Towers 2
Building190 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%
Other units on the 11th floor
All 190 units in Standpoint Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 827 sqft | AED 1.63MAED 1,625,000 · Aug 2024August 2024 | 145,000 /yr | |
| 1102 | 1-bed | 877 sqft | AED 1.21MAED 1,205,000 · Nov 2014November 2014 | 115,000 /yr | |
| 1103 | 2-bed | 1,316 sqft | AED 3.5MAED 3,500,000 · Nov 2013November 2013 | ||
| 1104 | 1-bed | 716 sqft | AED 1.88MAED 1,875,000 · Feb 2025February 2025 | 77,000 /yr | |
| 1105 | 2-bed | 1,031 sqft | AED 2.35MAED 2,350,000 · Aug 2024August 2024 | 100,000 /yr | |
| 1106 | 1-bed | 716 sqft | AED 1.79MAED 1,790,888 · Nov 2015November 2015 | ||
| 1107 | 1-bed | 922 sqft | AED 1.18MAED 1,180,000 · Apr 2021April 2021 | 130,000 /yr | |
| 1109 | 1-bed | 797 sqft | AED 1.63MAED 1,630,000 · Oct 2013October 2013 | ||
| 1110 | 2-bed | 1,167 sqft | AED 2.75MAED 2,746,888 · Jul 2023July 2023 |
1108, Standpoint Towers 2 in numbers
- Sold 4 times: first on 2 March 2010 for AED 1,415,166, last on 20 June 2016 for AED 1,000,000 (AED 2,272 per sqft).
- Rented since August 2015 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2020 and recovered to AED 70,000 by January 2023.
- At AED 70,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 9,800 a year (AED 22.27 per sqft).
Source: Dubai Land Department. Updated 1 January 2023.
Questions about 1108, Standpoint Towers 2
What did unit 1108 last sell for?
AED 1,000,000 on 20 June 2016: AED 2,272 per sqft for 440 sqft. The unit has 4 registered sales; the first was AED 1,415,166 in March 2010.
What is the rent for unit 1108?
AED 70,000 a year on the contract signed on 1 January 2023. The previous contract, from October 2020, was AED 45,000; the unit has been rented since August 2015.
How big is unit 1108?
440 sqft (40.9 sqm): a studio on the 11th floor of a 19-storey tower completed in 2012.
What is unit 1108 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 1108, Standpoint Towers 2
Starts from the last sale price (AED 1M, 20 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →