2-bed · 1,169 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 10th floor · completed 2022

1001, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in February 2017, and rented once, from January 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 1.87M23 February 2017
Current rentAED 175K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Downtown Views 2 - Tower 1

What is 1001 worth today?

Last sold for AED 1,871,888 in 2017

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25 Jan 2024RentedNew contract
AED 175,000/yr24 months · AED 149 per sqft
23 Feb 2017Sold by developerOff-plan
AED 1,871,888AED 1,601 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
2-bed apartment
Size
1,169 sqft
Floor
10th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.87M · February 2017

About 1001, Downtown Views 2 - Tower 1

1001 is a two-bedroom apartment of 1,169 sqft on the 10th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 23 February 2017 for AED 1,871,888, or AED 1,601 per sqft, 19% below the AED 1,977 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 January 2024. The current contract, signed on 25 January 2024, is AED 175,000 a year: a gross yield of 9.3% on the 2017 price.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Downtown Views 2 - Tower 1
2M3M2017202020232026Typical sale price by year: 2017 AED 2,201,888; 2018 AED 2,133,799; 2019 AED 2,208,888; 2020 AED 2,312,888; 2021 AED 2,562,616; 2022 AED 2,250,000; 2023 AED 2,500,000; 2024 AED 2,937,500; 2025 AED 3,370,000; 2026 AED 3,135,000Sold by developer, February 2017: AED 1,871,888 (AED 1,601 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Downtown Views 2 - Tower 1
165K170K175K2024202520262027Typical rent by year: 2024 AED 170,000; 2025 AED 175,000; 2026 AED 165,000New contract, January 2024: AED 175,000 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 Downtown Views 2 - Tower 1, and where 1001 sits

All 256 2-beds →

1001 last sold in February 2017 at AED 1,601 per sqft, 19% below what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,977). Over the last 12 months two-beds sold for AED 2,400,000 to 3,750,000, around AED 2,731 per sqft, and rent for AED 125,000 to 230,000 a year. 1001's AED 175,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Sep 20262,520,000
27 Aug 20263,400,000
13 Aug 20262,970,000
21 Jul 20262,875,000
10 2-bed sales in the last 12 months

Downtown Views 2 - Tower 1

Building

575 apartments, 1-bed to 4-bed over 62 floors in Downtown Dubai, completed in 2022 by Emaar. 22 sold in the last 12 months.

Typical price per sqft
AED 2,767 Down 1.9%
Typical sale
AED 2.94M
Typical rent
AED 155K /yr
Typical yield
5.3%
Downtown Views 2 - Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 575 units in Downtown Views 2 - Tower 1
Value
10021-bedAED 1.42M · Aug 2023
10031-bedAED 1.29M · Feb 2017
10042-bedAED 2.2M · Nov 2021
10053-bedAED 3.5M · Dec 2022
10062-bedAED 2.69M · Nov 2021
10072-bedAED 3.45M · Jan 2025
10082-bedAED 3.9M · Nov 2024
1–7 of 9

1001, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 23 February 2017 for AED 1,871,888, or AED 1,601 per sqft.
  • Rented since January 2024 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2017 price is 9.3%.
  • Two-beds in Downtown Views 2 - Tower 1 sold for AED 2,400,000–3,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,767 per sqft.

Source: Dubai Land Department. Updated 25 January 2024.

Questions about 1001, Downtown Views 2 - Tower 1

What did unit 1001 last sell for?

AED 1,871,888 on 23 February 2017, sold by the developer: AED 1,601 per sqft for 1,169 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 175,000 a year on the contract signed on 25 January 2024.

How big is unit 1001?

1,169 sqft (108.6 sqm): a two-bedroom apartment on the 10th floor of a 62-storey tower completed in 2022.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Downtown Views 2 - Tower 1 sold for AED 2,400,000 to 3,750,000 in the last 12 months, around AED 2,731 per sqft.

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Mortgage on 1001, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.87M, 23 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,871,888
Deposit, UAE resident (20%)
AED 374,378
Deposit, non-resident (40%)
AED 748,755
Monthly over 25 years at 3.7%
AED 7,658

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