502, Downtown Views 2 - Tower 1
Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Downtown Views 2 - Tower 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 2 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 744 sqft
- Floor
- 5th of 62
- Parking
- B-39
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.28M · March 2017
- Building
- Downtown Views 2 - Tower 1
About 502, Downtown Views 2 - Tower 1
502 is a one-bedroom apartment of 744 sqft on the 5th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 27 March 2017 for AED 1,277,888, or AED 1,738 per sqft, 5% below the AED 1,825 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 2 November 2025, is AED 125,000 a year: a gross yield of 9.8% on the 2017 price.
Sales and rents for 502 over time
502 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 502 sits
All 157 1-beds →502 last sold in March 2017 at AED 1,738 per sqft, 5% below what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,825). 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. 502's AED 125,000 is in the upper 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 5th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,168 sqft | AED 2.3MAED 2,300,000 · Apr 2023April 2023 | 165,000 /yr | |
| 503 | 1-bed | 744 sqft | AED 1.28MAED 1,277,888 · Mar 2017March 2017 | 145,000 /yr | |
| 504 | 2-bed | 1,168 sqft | AED 1.85MAED 1,853,888 · Jul 2017July 2017 | 160,000 /yr | |
| 505 | 3-bed | 1,916 sqft | AED 2.7MAED 2,695,399 · Mar 2022March 2022 | 235,000 /yr | |
| 506 | 2-bed | 1,155 sqft | AED 2.25MAED 2,247,888 · Feb 2017February 2017 | 125,000 /yr | |
| 507 | 2-bed | 545 sqft | AED 2.16MAED 2,160,888 · Feb 2017February 2017 | 143,152 /yr | |
| 508 | 2-bed | 1,109 sqft | AED 3.3MAED 3,300,000 · Jan 2026January 2026 | 180,000 /yr | |
| 509 | 2-bed | 1,202 sqft | AED 2.21MAED 2,209,888 · Mar 2017March 2017 | ||
| 510 | 3-bed | 1,828 sqft | AED 4.9MAED 4,900,000 · Jul 2025July 2025 | 220,000 /yr |
502, Downtown Views 2 - Tower 1 in numbers
- Sold once: by Emaar on 27 March 2017 for AED 1,277,888, or AED 1,738 per sqft.
- Rented since November 2024 on 2 Ejari contracts, from AED 115,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2017 price is 9.8%.
- 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 2 November 2025.
Questions about 502, Downtown Views 2 - Tower 1
What did unit 502 last sell for?
AED 1,277,888 on 27 March 2017, sold by the developer: AED 1,738 per sqft for 744 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 125,000 a year on the contract signed on 2 November 2025. The previous contract, from November 2024, was AED 115,000.
How big is unit 502?
744 sqft (69.1 sqm): a one-bedroom apartment on the 5th floor of a 62-storey tower completed in 2022.
What is unit 502 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 502, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 1.28M, 27 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,277,888
- Deposit, UAE resident (20%)
- AED 255,578
- Deposit, non-resident (40%)
- AED 511,155
- Monthly over 25 years at 3.7%
- AED 5,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →