3-bed · 1,891 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 15th floor · completed 2022

1505, Downtown Views 2 - Tower 1

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 4.41M2 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Downtown Views 2 - Tower 1

What is 1505 worth today?

Last sold for AED 4,413,500 in 2023

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2 Oct 2023SoldReady
AED 4,413,500AED 2,333 per sqft
17 Apr 2018Sold by developerOff-plan
AED 3,164,888AED 1,708 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type
3-bed apartment
Size
1,891 sqft
Floor
15th of 62
Parking
G-387,G-388
Developer
Emaar
Completed
2022
Last sold
AED 4.41M · October 2023

About 1505, Downtown Views 2 - Tower 1

1505 is a three-bedroom apartment of 1,891 sqft on the 15th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 2 October 2023 for AED 4,413,500, or AED 2,333 per sqft, 5% above the AED 2,215 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical three-bed in Downtown Views 2 - Tower 1
3M4M5M2017202020232026Typical sale price by year: 2017 AED 3,282,388; 2018 AED 3,259,388; 2019 AED 3,103,888; 2020 AED 4,419,888; 2021 AED 3,965,649; 2022 AED 3,650,000; 2023 AED 4,250,000; 2024 AED 4,750,000; 2025 AED 5,150,000Sold by developer, April 2018: AED 3,164,888 (AED 1,708 per sqft)Sold, October 2023: AED 4,413,500 (AED 2,333 per sqft)

1505 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1505, each contractTypical three-bed in Downtown Views 2 - Tower 1
260K270K2024202520262027Typical rent by year: 2024 AED 265,000; 2025 AED 275,000; 2026 AED 260,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Downtown Views 2 - Tower 1, and where 1505 sits

All 156 3-beds →

1505 last sold in October 2023 at AED 2,333 per sqft, 5% above what three-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,215). Over the last 12 months three-beds sold for AED 4,650,000 to 5,900,000, around AED 3,217 per sqft, and rent for AED 83,919 to 368,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jul 20265,500,000
12 Mar 20264,900,000
23 Dec 20254,650,000
17 Dec 20255,900,000
5 3-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 15th floor

All 575 units in Downtown Views 2 - Tower 1
Value
15012-bedAED 1.89M · Feb 2017
15021-bedAED 1.45M · Mar 2023
15031-bedAED 1.3M · Apr 2017
15042-bedAED 2.85M · Aug 2024
15062-bedAED 2.65M · Apr 2023
15072-bedAED 2.24M · Feb 2017
15082-bedAED 2.5M · Jul 2023
1–7 of 9

1505, Downtown Views 2 - Tower 1 in numbers

  • Sold twice: first on 17 April 2018 for AED 3,164,888, last on 2 October 2023 for AED 4,413,500 (AED 2,333 per sqft).
  • Three-beds in Downtown Views 2 - Tower 1 sold for AED 4,650,000–5,900,000 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 2 October 2023.

Questions about 1505, Downtown Views 2 - Tower 1

What did unit 1505 last sell for?

AED 4,413,500 on 2 October 2023: AED 2,333 per sqft for 1,891 sqft. The unit has 2 registered sales; the first was AED 3,164,888 in April 2018.

How big is unit 1505?

1,891 sqft (175.7 sqm): a three-bedroom apartment on the 15th floor of a 62-storey tower completed in 2022.

What is unit 1505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Downtown Views 2 - Tower 1 sold for AED 4,650,000 to 5,900,000 in the last 12 months, around AED 3,217 per sqft.

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Mortgage on 1505, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 4.41M, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,413,500
Deposit, UAE resident (20%)
AED 882,700
Deposit, non-resident (40%)
AED 1,765,400
Monthly over 25 years at 3.7%
AED 18,057

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