2-bed · 1,168 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 5th floor · completed 2022

504, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.85M17 July 2017
Current rentAED 160K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Downtown Views 2 - Tower 1

What is 504 worth today?

Last sold for AED 1,853,888 in 2017

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1 Mar 2026RentedNew contract
AED 160,000/yr12 months · AED 138 per sqft
1 Aug 2025RentedRenewal
AED 149,100/yr12 months · AED 128 per sqft
1 Aug 2025RentedRenewal
AED 149,100/yr12 months · AED 128 per sqft
1 Aug 2024RentedNew contract
AED 142,000/yr12 months · AED 122 per sqft
1 Jun 2023RentedNew contract
AED 135,000/yr12 months · AED 116 per sqft
17 Jul 2017Sold by developerOff-plan
AED 1,853,888AED 1,587 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
5th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.85M · July 2017

About 504, Downtown Views 2 - Tower 1

504 is a two-bedroom apartment of 1,168 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 17 July 2017 for AED 1,853,888, or AED 1,587 per sqft, 18% below the AED 1,937 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 1 March 2026, is AED 160,000 a year: a gross yield of 8.6% on the 2017 price.

Sales and rents for 504 over time

Sales
Unit 504, 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, July 2017: AED 1,853,888 (AED 1,587 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Downtown Views 2 - Tower 1
140K160K180K20232024202520262027Typical rent by year: 2024 AED 170,000; 2025 AED 175,000; 2026 AED 165,000New contract, June 2023: AED 135,000 a yearNew contract, August 2024: AED 142,000 a yearRenewal, August 2025: AED 149,100 a yearRenewal, August 2025: AED 149,100 a yearNew contract, March 2026: AED 160,000 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 504 sits

All 256 2-beds →

504 last sold in July 2017 at AED 1,587 per sqft, 18% below what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,937). 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. 504's AED 160,000 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 →
Value
5012-bedAED 2.3M · Apr 2023
5021-bedAED 1.28M · Mar 2017
5031-bedAED 1.28M · Mar 2017
5053-bedAED 2.7M · Mar 2022
5062-bedAED 2.25M · Feb 2017
5072-bedAED 2.16M · Feb 2017
5082-bedAED 3.3M · Jan 2026
1–7 of 9

504, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 17 July 2017 for AED 1,853,888, or AED 1,587 per sqft.
  • Rented since June 2023 on 5 Ejari contracts, from AED 135,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2017 price is 8.6%.
  • 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 1 March 2026.

Questions about 504, Downtown Views 2 - Tower 1

What did unit 504 last sell for?

AED 1,853,888 on 17 July 2017, sold by the developer: AED 1,587 per sqft for 1,168 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 160,000 a year on the contract signed on 1 March 2026. The previous contract, from August 2025, was AED 149,100; the unit has been rented since June 2023.

How big is unit 504?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 5th floor of a 62-storey tower completed in 2022.

What is unit 504 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 504, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.85M, 17 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,853,888
Deposit, UAE resident (20%)
AED 370,778
Deposit, non-resident (40%)
AED 741,555
Monthly over 25 years at 3.7%
AED 7,585

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