Studio · 440 sqftStandpoint Towers 2, Downtown Dubai · 13th floor · completed 2012

1308, Standpoint Towers 2

Sold prices and rental history: sold once, by the developer in September 2013, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 971K30 September 2013
Current rentAED 75K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Standpoint Towers 2

What is 1308 worth today?

Last sold for AED 970,888 in 2013

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1 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 170 per sqft
20 Aug 2023RentedRenewal
AED 60,054/yr14 months · AED 136 per sqft
1 Jul 2018RentedNew contract
AED 36,000/yr12 months · AED 82 per sqft
30 Sep 2013Sold by developerReady
AED 970,888AED 2,206 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
13th of 19
Parking
P3-23
Developer
Emaar
Completed
2012
Service charge
AED 9,800 /yr
Last sold
AED 971K · September 2013

About 1308, Standpoint Towers 2

1308 is a studio of 440 sqft on the 13th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 30 September 2013 for AED 970,888, or AED 2,206 per sqft, in line with the AED 2,180 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 75,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 9,800 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical studio in Standpoint Towers 2
1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,507,416; 2013 AED 1,010,444; 2014 AED 1,250,000; 2015 AED 1,262,444; 2022 AED 835,000; 2023 AED 995,000; 2024 AED 1,200,000; 2025 AED 1,200,000Sold by developer, September 2013: AED 970,888 (AED 2,206 per sqft)

1308 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1308, each contractTypical studio in Standpoint Towers 2
40K60K80K2013201720212025Typical rent by year: 2013 AED 68,000; 2014 AED 73,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 62,500; 2019 AED 59,000; 2020 AED 48,000; 2021 AED 46,500; 2022 AED 55,330; 2023 AED 68,000; 2024 AED 75,000; 2025 AED 75,000New contract, July 2018: AED 36,000 a yearRenewal, August 2023: AED 60,054 a yearRenewal, November 2024: AED 75,000 a year

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 1308 sits

All 35 studios →

1308 last sold in September 2013 at AED 2,206 per sqft, in line with what studios in Standpoint Towers 2 were fetching at the time (AED 2,180).

Recent studio salesUnit no.Price (AED)Summary
1 May 20251,250,000
22 Apr 20251,200,000
22 Apr 20251,200,000
30 Oct 20241,200,000
0 studio 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 13th floor

All 190 units in Standpoint Towers 2
Value
13011-bedAED 1.58M · Jan 2013
13021-bedAED 1.56M · Nov 2023
13032-bedAED 3.1M · Jul 2024
13041-bedAED 1.65M · May 2015
13052-bedAED 2.55M · Nov 2013
13061-bedAED 1.78M · May 2014
13071-bedAED 2.05M · Jul 2024
1–7 of 9

1308, Standpoint Towers 2 in numbers

  • Sold once: by Emaar on 30 September 2013 for AED 970,888, or AED 2,206 per sqft.
  • Rented since July 2018 on 3 Ejari contracts, from AED 36,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 9,800 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 1308, Standpoint Towers 2

What did unit 1308 last sell for?

AED 970,888 on 30 September 2013, sold by the developer: AED 2,206 per sqft for 440 sqft. It is the only registered sale of the unit.

What is the rent for unit 1308?

AED 75,000 a year on the contract renewed on 1 November 2024. The previous contract, from August 2023, was AED 60,054; the unit has been rented since July 2018.

How big is unit 1308?

440 sqft (40.9 sqm): a studio on the 13th floor of a 19-storey tower completed in 2012.

What is unit 1308 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 1308, Standpoint Towers 2

Starts from the last sale price (AED 971K, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 970,888
Deposit, UAE resident (20%)
AED 194,178
Deposit, non-resident (40%)
AED 388,355
Monthly over 25 years at 3.7%
AED 3,972

Plus AED 45,788 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →