2-bed · 1,487 sqftBurj Views A, Downtown Dubai · 5th floor · completed 2009

502, Burj Views A

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

Unit 502 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 2M15 February 2023
Current rentAED 95K /yr2 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Burj Views A

What is 502 worth today?

Last sold for AED 2,000,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Feb 2023SoldReady
AED 2,000,000AED 1,344 per sqft
6 Jul 2022SoldReady
AED 1,700,000AED 1,143 per sqft
2 Mar 2021RentedRenewal
AED 95,000/yr12 months · AED 64 per sqft
2 Dec 2020RentedRenewal
AED 100,000/yr3 months · AED 67 per sqft
2 Dec 2019RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
1 Oct 2018RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
6 May 2010Sold by developerReady
AED 2,242,888AED 1,508 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
2-bed apartment
Size
1,487 sqft
Floor
5th of 30
Parking
G-097
Developer
Emaar
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2M · February 2023
Building
Burj Views A

About 502, Burj Views A

502 is a two-bedroom apartment of 1,487 sqft on the 5th floor of Burj Views A, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 15 February 2023 for AED 2,000,000, or AED 1,344 per sqft, 14% above the AED 1,184 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 2 March 2021, is AED 95,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 29,200 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Burj Views A
2M3M2009201420192024Typical sale price by year: 2009 AED 1,617,388; 2010 AED 1,740,888; 2011 AED 1,410,888; 2012 AED 1,650,000; 2013 AED 2,020,000; 2014 AED 2,800,000; 2015 AED 2,137,500; 2016 AED 2,000,000; 2019 AED 1,300,000; 2020 AED 1,280,000; 2021 AED 1,400,000; 2022 AED 1,675,000; 2023 AED 2,077,500; 2024 AED 2,300,000; 2025 AED 2,375,000; 2026 AED 2,452,500Sold by developer, May 2010: AED 2,242,888 (AED 1,508 per sqft)Sold, July 2022: AED 1,700,000 (AED 1,143 per sqft)Sold, February 2023: AED 2,000,000 (AED 1,344 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Burj Views A
100K150K2012201620202024Typical rent by year: 2012 AED 107,500; 2013 AED 125,268; 2014 AED 140,000; 2015 AED 147,000; 2016 AED 141,750; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 105,000; 2020 AED 91,000; 2021 AED 95,000; 2022 AED 114,725; 2023 AED 130,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 135,750New contract, October 2018: AED 115,000 a yearNew contract, December 2019: AED 110,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, March 2021: AED 95,000 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 Burj Views A, and where 502 sits

All 89 2-beds →

502 last sold in February 2023 at AED 1,344 per sqft, 14% above what two-beds in Burj Views A were fetching at the time (AED 1,184). Over the last 12 months two-beds sold for AED 2,250,000 to 2,650,000, around AED 1,772 per sqft, and rent for AED 110,000 to 190,000 a year. 502's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20262,375,000
25 Sep 20262,250,000
6 Apr 20262,530,000
11 Mar 20262,650,000
4 2-bed sales in the last 12 months

Burj Views A

Building

176 apartments, 1-bed to 3-bed over 30 floors in Downtown Dubai, completed in 2009 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 1,786 Up 3.5%
Typical sale
AED 1.74M
Typical rent
AED 120K /yr
Typical yield
6.0%
Burj Views A, Downtown Dubai: prices, sales and rents →

Other units on the 5th floor

All 176 units in Burj Views A
Value
5012-bedAED 2M · Oct 2016
5032-bedAED 1.32M · May 2010
5041-bedAED 625K · Jul 2017
5051-bedAED 1.04M · Dec 2011
5061-bedAED 1.09M · Dec 2018

502, Burj Views A in numbers

  • Sold 3 times: first on 6 May 2010 for AED 2,242,888, last on 15 February 2023 for AED 2,000,000 (AED 1,344 per sqft).
  • Rented since October 2018 on 4 Ejari contracts, from AED 115,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 29,200 a year (AED 19.62 per sqft).
  • Two-beds in Burj Views A sold for AED 2,250,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,786 per sqft.

Source: Dubai Land Department. Updated 15 February 2023.

Questions about 502, Burj Views A

What did unit 502 last sell for?

AED 2,000,000 on 15 February 2023: AED 1,344 per sqft for 1,487 sqft. The unit has 3 registered sales; the first was AED 2,242,888 in May 2010.

What is the rent for unit 502?

AED 95,000 a year on the contract renewed on 2 March 2021. The previous contract, from December 2020, was AED 100,000; the unit has been rented since October 2018.

How big is unit 502?

1,487 sqft (138.1 sqm): a two-bedroom apartment on the 5th floor of a 30-storey tower completed in 2009.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Views A sold for AED 2,250,000 to 2,650,000 in the last 12 months, around AED 1,772 per sqft.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Burj Views A

Starts from the last sale price (AED 2M, 15 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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