1202, Downtown Views 2 - Tower 1
Sold prices and rental history: sold once, by the developer in February 2017, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Downtown Views 2 - Tower 1
What is 1202 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 735 sqft
- Floor
- 12th of 62
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.29M · February 2017
- Building
- Downtown Views 2 - Tower 1
About 1202, Downtown Views 2 - Tower 1
1202 is a one-bedroom apartment of 735 sqft on the 12th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 13 February 2017 for AED 1,294,888, or AED 1,761 per sqft, in line with the AED 1,784 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 August 2024. The current contract, renewed on 15 August 2024, is AED 105,000 a year: a gross yield of 8.1% on the 2017 price.
Sales and rents for 1202 over time
1202 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Downtown Views 2 - Tower 1, and where 1202 sits
All 157 1-beds →1202 last sold in February 2017 at AED 1,761 per sqft, in line with what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,784). Over the last 12 months one-beds sold for AED 1,586,888 to 2,175,000, around AED 2,795 per sqft, and rent for AED 86,000 to 150,000 a year. 1202's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 744 sqft | 1,725,000 | 2,318 | ||
| 11 Aug 202611 August 2026 | 744 sqft | 2,020,000 | 2,714 | ||
| 7 Aug 20267 August 2026 | 744 sqft | 2,080,000 | 2,795 | ||
| 6 May 20266 May 2026 | 738 sqft | 1,586,888 | 2,149 |
Downtown Views 2 - Tower 1
Building575 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%
Other units on the 12th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,168 sqft | AED 2.6MAED 2,600,000 · Mar 2024March 2024 | 170,000 /yr | |
| 1203 | 1-bed | 744 sqft | AED 1.63MAED 1,630,000 · Jan 2023January 2023 | 95,000 /yr | |
| 1204 | 2-bed | 1,168 sqft | AED 1.88MAED 1,878,888 · Mar 2017March 2017 | 130,000 /yr | |
| 1205 | 3-bed | 1,891 sqft | AED 4.5MAED 4,500,000 · Oct 2024October 2024 | ||
| 1206 | 2-bed | 1,155 sqft | AED 2.3MAED 2,304,888 · Mar 2017March 2017 | ||
| 1207 | 2-bed | 1,094 sqft | AED 2.22MAED 2,215,888 · Feb 2017February 2017 | ||
| 1208 | 2-bed | 1,112 sqft | AED 2.27MAED 2,265,888 · Jul 2019July 2019 | 175,000 /yr | |
| 1209 | 2-bed | 1,202 sqft | AED 2.27MAED 2,265,888 · Mar 2017March 2017 | 170,000 /yr | |
| 1210 | 3-bed | 1,828 sqft | AED 4MAED 4,000,000 · Sep 2023September 2023 | 290,000 /yr |
1202, Downtown Views 2 - Tower 1 in numbers
- Sold once: by Emaar on 13 February 2017 for AED 1,294,888, or AED 1,761 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2017 price is 8.1%.
- One-beds in Downtown Views 2 - Tower 1 sold for AED 1,586,888–2,175,000 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 15 August 2024.
Questions about 1202, Downtown Views 2 - Tower 1
What did unit 1202 last sell for?
AED 1,294,888 on 13 February 2017, sold by the developer: AED 1,761 per sqft for 735 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 105,000 a year on the contract renewed on 15 August 2024.
How big is unit 1202?
735 sqft (68.3 sqm): a one-bedroom apartment on the 12th floor of a 62-storey tower completed in 2022.
What is unit 1202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Downtown Views 2 - Tower 1 sold for AED 1,586,888 to 2,175,000 in the last 12 months, around AED 2,795 per sqft.
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Mortgage on 1202, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 1.29M, 13 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,294,888
- Deposit, UAE resident (20%)
- AED 258,978
- Deposit, non-resident (40%)
- AED 517,955
- Monthly over 25 years at 3.7%
- AED 5,298
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →