2-bed · 1,168 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 12th floor · completed 2022

1201, Downtown Views 2 - Tower 1

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 27 January 2026
Last soldAED 2.6M26 March 2024
Current rentAED 170K /yr27 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Downtown Views 2 - Tower 1

What is 1201 worth today?

Last sold for AED 2,600,000 in 2024

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27 Jan 2026RentedNew contract
AED 170,000/yr12 months · AED 145 per sqft
27 Jan 2025RentedNew contract
AED 170,000/yr12 months · AED 145 per sqft
27 Jan 2025RentedNew contract
AED 170,000/yr12 months · AED 145 per sqft
21 Apr 2024RentedNew contract
AED 140,000/yr12 months · AED 119 per sqft
26 Mar 2024SoldReady
AED 2,600,000AED 2,225 per sqft
16 Jun 2022SoldOff-plan
AED 2,000,000AED 1,710 per sqft
6 Apr 2017Sold by developerOff-plan
AED 1,878,888AED 1,607 per sqft

Source: Dubai Land Department. Updated 27 January 2026.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
12th of 62
Parking
P1-345
Developer
Emaar
Completed
2022
Last sold
AED 2.6M · March 2024

About 1201, Downtown Views 2 - Tower 1

1201 is a two-bedroom apartment of 1,168 sqft on the 12th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 26 March 2024 for AED 2,600,000, or AED 2,225 per sqft, in line with the AED 2,203 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 27 January 2026, is AED 170,000 a year: a gross yield of 6.5% on the 2024 price.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, April 2017: AED 1,878,888 (AED 1,607 per sqft)Sold, June 2022: AED 2,000,000 (AED 1,710 per sqft)Sold, March 2024: AED 2,600,000 (AED 2,225 per sqft)

1201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Downtown Views 2 - Tower 1
140K160K180K2024202520262027Typical rent by year: 2024 AED 170,000; 2025 AED 175,000; 2026 AED 165,000New contract, April 2024: AED 140,000 a yearNew contract, January 2025: AED 170,000 a yearNew contract, January 2025: AED 170,000 a yearNew contract, January 2026: AED 170,000 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 1201 sits

All 256 2-beds →

1201 last sold in March 2024 at AED 2,225 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,203). 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. 1201's AED 170,000 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 12th floor

All 575 units in Downtown Views 2 - Tower 1
Value
12021-bedAED 1.29M · Feb 2017
12031-bedAED 1.63M · Jan 2023
12042-bedAED 1.88M · Mar 2017
12053-bedAED 4.5M · Oct 2024
12062-bedAED 2.3M · Mar 2017
12072-bedAED 2.22M · Feb 2017
12082-bedAED 2.27M · Jul 2019
1–7 of 9

1201, Downtown Views 2 - Tower 1 in numbers

  • Sold 3 times: first on 6 April 2017 for AED 1,878,888, last on 26 March 2024 for AED 2,600,000 (AED 2,225 per sqft).
  • Rented since April 2024 on 4 Ejari contracts, from AED 140,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 6.5%.
  • 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 27 January 2026.

Questions about 1201, Downtown Views 2 - Tower 1

What did unit 1201 last sell for?

AED 2,600,000 on 26 March 2024: AED 2,225 per sqft for 1,168 sqft. The unit has 3 registered sales; the first was AED 1,878,888 in April 2017.

What is the rent for unit 1201?

AED 170,000 a year on the contract signed on 27 January 2026. The previous contract, from January 2025, was AED 170,000; the unit has been rented since April 2024.

How big is unit 1201?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 12th floor of a 62-storey tower completed in 2022.

What is unit 1201 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 1201, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 2.6M, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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