2-bed · 1,412 sqftStandpoint Towers 2, Downtown Dubai · 4th floor · completed 2012

404, Standpoint Towers 2

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 2.5M2 May 2023
Current rentAED 80K /yr20 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Standpoint Towers 2

What is 404 worth today?

Last sold for AED 2,500,000 in 2023

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2 May 2023SoldReady
AED 2,500,000AED 1,769 per sqft
20 Mar 2021RentedRenewal
AED 79,928/yr36 months · AED 57 per sqft
18 Mar 2020RentedNew contract
AED 99,465/yr12 months · AED 71 per sqft
10 Apr 2019RentedNew contract
AED 119,668/yr12 months · AED 85 per sqft
11 Apr 2018RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
30 Sep 2013SoldReady
AED 2,319,888AED 1,642 per sqft
12 Feb 2013Sold by developerOff-plan
AED 2,319,888AED 1,642 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
2-bed apartment
Size
1,412 sqft
Floor
4th of 19
Parking
B1-59
Developer
Emaar
Completed
2012
Service charge
AED 31,500 /yr
Last sold
AED 2.5M · May 2023

About 404, Standpoint Towers 2

404 is a two-bedroom apartment of 1,412 sqft on the 4th floor of Standpoint Towers 2, a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 2 May 2023 for AED 2,500,000, or AED 1,769 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 20 March 2021, is AED 79,928 a year: a gross yield of 3.2% on the 2023 price, before the service charge of about AED 31,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, February 2013: AED 2,319,888 (AED 1,642 per sqft)Sold, September 2013: AED 2,319,888 (AED 1,642 per sqft)Sold, May 2023: AED 2,500,000 (AED 1,769 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Standpoint Towers 2
100K150K2013201720212025Typical 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, April 2018: AED 130,000 a yearNew contract, April 2019: AED 119,668 a yearNew contract, March 2020: AED 99,465 a yearRenewal, March 2021: AED 79,928 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 404 sits

All 55 2-beds →

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. 404's AED 79,928 is at the bottom 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 4th floor

All 190 units in Standpoint Towers 2
Value
4011-bedAED 2.2M · Jul 2014
4021-bedAED 1.69M · Sep 2013
4031-bedAED 1.68M · Mar 2014
405StudioAED 1M · Sep 2013
406StudioAED 1.2M · Oct 2024
407StudioAED 550K · Nov 2014
408StudioAED 1M · Jul 2017
1–7 of 12

404, Standpoint Towers 2 in numbers

  • Sold 3 times: first on 12 February 2013 for AED 2,319,888, last on 2 May 2023 for AED 2,500,000 (AED 1,769 per sqft).
  • Rented since April 2018 on 4 Ejari contracts, from AED 130,000 to AED 79,928 a year.
  • At AED 79,928 a year the gross yield on the 2023 price is 3.2%, before a service charge of about AED 31,500 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 2 May 2023.

Questions about 404, Standpoint Towers 2

What did unit 404 last sell for?

AED 2,500,000 on 2 May 2023: AED 1,769 per sqft for 1,412 sqft. The unit has 3 registered sales; the first was AED 2,319,888 in February 2013.

What is the rent for unit 404?

AED 79,928 a year on the contract renewed on 20 March 2021. The previous contract, from March 2020, was AED 99,465; the unit has been rented since April 2018.

How big is unit 404?

1,412 sqft (131.2 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2012.

What is unit 404 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 404, Standpoint Towers 2

Starts from the last sale price (AED 2.5M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →