Standpoint Residences is an apartment complex from the developer Emaar Properties located on Mohammad bin Rashid Boulevard in the central Dubai area of Downtown Dubai. The project, which was completed in 2013, consists of two buildings, Standpoint Tower I with 27 floors and Standpoint Tower II with 19 floors, connected by a common lobby and podiums.
The complex’s property collection includes comfortable studios and one- to three-bedroom apartments ranging in size from 41 sq ft (445 sq ft) to 177 sq ft (1,900 sq ft). Ceilings in some residences are 2.74 m (9 ft) high, which, combined with the panoramic windows, creates additional light and space in the rooms.
High-quality finishes, tinted glass windows, a built-in closet, and an equipped kitchen and bathroom – this is the standard for all residences in the complex. Residences overlook the Burj Khalifa skyscraper and the dynamic center of the city. The cost of housing in Standpoint Residences starts at AED 839,000 (USD 228,000).
Modern amenities and services in the complex include:
Standpoint Residences is located in the upscale Downtown Dubai area, a 2-minute walk from the Dubai Opera House, 5 minutes from the Burj Khalifa, the Dubai Fountain and Dubai Mall, and a 10-minute walk from the Burj Khalifa/Dubai Mall metro station. Nearby are also medical clinics, kindergartens, schools, bank branches and supermarkets.
By transport residents of the complex can easily reach:
Real estate in Downtown Dubai has always attracted major investors. The area is rapidly building a variety of residential complexes with well-developed infrastructure for business and leisure, and new tourist and cultural facilities are appearing every day. Residents are looking for rental properties close to their workplaces and office buildings, most of which are located in the central district. Thus, a purchased residential property in Standpoint Residences can later be sold or leased at a profit.
One-bedroom apartments in the complex can be purchased for an average price of AED 1,350,000 (USD 368,000) and leased for AED 85,000 (USD 23,100) per annum. ROI in Downtown Dubai properties can be as high as 5.25% and the full occupancy readiness of the Standpoint Residences creates additional convenience for the investor.
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