2-bed · 1,316 sqftStandpoint Towers 2, Downtown Dubai · 15th floor · completed 2012

1503, Standpoint Towers 2

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 2.52M21 August 2013
Current rentAED 150K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Standpoint Towers 2

What is 1503 worth today?

Last sold for AED 2,522,888 in 2013

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20 Feb 2025RentedRenewal
AED 150,000/yr12 months · AED 114 per sqft
20 Feb 2024RentedRenewal
AED 133,000/yr12 months · AED 101 per sqft
20 Feb 2022RentedRenewal
AED 95,000/yr12 months · AED 72 per sqft
20 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
27 Aug 2019RentedRenewal
AED 112,000/yr12 months · AED 85 per sqft
27 Aug 2017RentedNew contract
AED 190,000/yr24 months · AED 145 per sqft
3 Aug 2016RentedNew contract
AED 170,000/yr12 months · AED 129 per sqft
21 Aug 2013Sold by developerReady
AED 2,522,888AED 1,917 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed apartment
Size
1,316 sqft
Floor
15th of 19
Parking
B1-120
Developer
Emaar
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 2.52M · August 2013

About 1503, Standpoint Towers 2

1503 is a two-bedroom apartment of 1,316 sqft on the 15th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 21 August 2013 for AED 2,522,888, or AED 1,917 per sqft, 8% above the AED 1,777 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 150,000 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 29,300 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Standpoint Towers 2
2M3M20102014201820222026Typical sale price by year: 2010 AED 3,070,610; 2012 AED 2,327,888; 2013 AED 2,400,000; 2014 AED 2,860,000; 2015 AED 2,875,000; 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 2,312,500; 2025 AED 2,800,000Sold by developer, August 2013: AED 2,522,888 (AED 1,917 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Standpoint Towers 2
100K150K200K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 155,000; 2015 AED 157,868; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 122,500; 2019 AED 95,000; 2020 AED 90,000; 2021 AED 85,500; 2022 AED 120,000; 2023 AED 140,000; 2024 AED 142,000; 2025 AED 150,000; 2026 AED 168,000New contract, August 2016: AED 170,000 a yearNew contract, August 2017: AED 190,000 a yearRenewal, August 2019: AED 112,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 95,000 a yearRenewal, February 2024: AED 133,000 a yearRenewal, February 2025: AED 150,000 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 2, and where 1503 sits

All 55 2-beds →

1503 last sold in August 2013 at AED 1,917 per sqft, 8% above what two-beds in Standpoint Towers 2 were fetching at the time (AED 1,777). Over the last 12 months two-beds sold for AED 3,000,000, around AED 2,426 per sqft, and rent for AED 140,000 to 205,000 a year. 1503's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 May 20252,400,000
20 May 20252,800,000
15 May 20252,800,000
21 Apr 20253,450,000
1 2-bed sale 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 15th floor

All 190 units in Standpoint Towers 2
Value
15011-bedAED 1.98M · Aug 2014
15021-bedAED 1.71M · Sep 2013
15041-bedAED 1.75M · Jan 2014
15052-bedAED 2.72M · Mar 2014
15061-bedAED 1.35M · Sep 2013
15071-bedAED 1.64M · Mar 2014
1508StudioAED 875K · Apr 2014
1–7 of 9

1503, Standpoint Towers 2 in numbers

  • Sold once: by Emaar on 21 August 2013 for AED 2,522,888, or AED 1,917 per sqft.
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 90,000 in 2021 and recovered to AED 150,000 by February 2025.
  • At AED 150,000 a year the gross yield on the 2013 price is 5.9%, before a service charge of about AED 29,300 a year (AED 22.27 per sqft).
  • Two-beds in Standpoint Towers 2 sold for AED 3,000,000–3,000,000 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 20 February 2025.

Questions about 1503, Standpoint Towers 2

What did unit 1503 last sell for?

AED 2,522,888 on 21 August 2013, sold by the developer: AED 1,917 per sqft for 1,316 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 150,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 133,000; the unit has been rented since August 2016.

How big is unit 1503?

1,316 sqft (122.3 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2012.

What is unit 1503 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 3,000,000 to 3,000,000 in the last 12 months, around AED 2,426 per sqft.

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Mortgage on 1503, Standpoint Towers 2

Starts from the last sale price (AED 2.52M, 21 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,522,888
Deposit, UAE resident (20%)
AED 504,578
Deposit, non-resident (40%)
AED 1,009,155
Monthly over 25 years at 3.7%
AED 10,322

Plus AED 110,972 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →