Studio · 440 sqftStandpoint Towers 2, Downtown Dubai · 15th floor · completed 2012

1508, Standpoint Towers 2

Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 11 September 2025
Last soldAED 875K21 April 2014
Current rentAED 80K /yr11 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Standpoint Towers 2

What is 1508 worth today?

Last sold for AED 875,000 in 2014

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11 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
20 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
17 Nov 2023RentedRenewal
AED 96,000/yr6 months · AED 218 per sqft
17 Nov 2022RentedNew contract
AED 98,000/yr12 months · AED 222 per sqft
22 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
1 Sep 2015RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft
21 Apr 2014SoldReady
AED 875,000AED 1,988 per sqft
30 Jun 2013SoldOff-plan
AED 875,000AED 1,988 per sqft

Source: Dubai Land Department. Updated 11 September 2025.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
15th of 19
Parking
P3-25
Developer
Emaar
Completed
2012
Service charge
AED 9,800 /yr
Last sold
AED 875K · April 2014

About 1508, Standpoint Towers 2

1508 is a studio of 440 sqft on the 15th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 21 April 2014 for AED 875,000, or AED 1,988 per sqft, 10% below the AED 2,199 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 11 September 2025, is AED 80,000 a year: a gross yield of 9.1% on the 2014 price, before the service charge of about AED 9,800 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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, March 2010: AED 1,507,416 (AED 3,425 per sqft)Sold, June 2013: AED 875,000 (AED 1,988 per sqft)Sold, April 2014: AED 875,000 (AED 1,988 per sqft)

1508 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1508, each contractTypical studio in Standpoint Towers 2
50K75K100K2013201720212025Typical 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, September 2015: AED 75,000 a yearNew contract, September 2019: AED 60,000 a yearNew contract, November 2022: AED 98,000 a yearRenewal, November 2023: AED 96,000 a yearNew contract, June 2024: AED 80,000 a yearNew contract, September 2025: AED 80,000 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 1508 sits

All 35 studios →

1508 last sold in April 2014 at AED 1,988 per sqft, 10% below what studios in Standpoint Towers 2 were fetching at the time (AED 2,199).

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 15th floor

All 190 units in Standpoint Towers 2
Value
15011-bedAED 1.98M · Aug 2014
15021-bedAED 1.71M · Sep 2013
15032-bedAED 2.52M · Aug 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
1–7 of 9

1508, Standpoint Towers 2 in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,507,416, last on 21 April 2014 for AED 875,000 (AED 1,988 per sqft).
  • Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2019 and recovered to AED 80,000 by September 2025.
  • At AED 80,000 a year the gross yield on the 2014 price is 9.1%, before a service charge of about AED 9,800 a year (AED 22.27 per sqft).

Source: Dubai Land Department. Updated 11 September 2025.

Questions about 1508, Standpoint Towers 2

What did unit 1508 last sell for?

AED 875,000 on 21 April 2014: AED 1,988 per sqft for 440 sqft. The unit has 3 registered sales; the first was AED 1,507,416 in March 2010.

What is the rent for unit 1508?

AED 80,000 a year on the contract signed on 11 September 2025. The previous contract, from June 2024, was AED 80,000; the unit has been rented since September 2015.

How big is unit 1508?

440 sqft (40.9 sqm): a studio on the 15th floor of a 19-storey tower completed in 2012.

What is unit 1508 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 1508, Standpoint Towers 2

Starts from the last sale price (AED 875K, 21 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →