505, Downtown Views 2 - Tower 1
Sold prices and rental history: sold twice, last in March 2022, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Downtown Views 2 - Tower 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,916 sqft
- Floor
- 5th of 62
- Parking
- 2
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.7M · March 2022
- Building
- Downtown Views 2 - Tower 1
About 505, Downtown Views 2 - Tower 1
505 is a three-bedroom apartment of 1,916 sqft on the 5th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 2 March 2022 for AED 2,695,399, or AED 1,407 per sqft, 37% below the AED 2,217 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 July 2026. The current contract, signed on 1 July 2026, is AED 235,000 a year: a gross yield of 8.7% on the 2022 price.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the three-bed median of each year in the building.
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 505 sits
All 156 3-beds →505 last sold in March 2022 at AED 1,407 per sqft, 37% below what three-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,217). 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. 505's AED 235,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 1,709 sqft | 5,500,000 | 3,217 | ||
| 12 Mar 202612 March 2026 | 1,828 sqft | 4,900,000 | 2,680 | ||
| 23 Dec 202523 December 2025 | 1,891 sqft | 4,650,000 | 2,458 | ||
| 17 Dec 202517 December 2025 | 1,805 sqft | 5,900,000 | 3,268 |
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 | |
| 502 | 1-bed | 744 sqft | AED 1.28MAED 1,277,888 · Mar 2017March 2017 | 125,000 /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 | |
| 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 |
505, Downtown Views 2 - Tower 1 in numbers
- Sold twice: first on 28 January 2019 for AED 2,994,888, last on 2 March 2022 for AED 2,695,399 (AED 1,407 per sqft).
- Rented since July 2026 on one Ejari contract, at AED 235,000 a year.
- At AED 235,000 a year the gross yield on the 2022 price is 8.7%.
- 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 1 July 2026.
Questions about 505, Downtown Views 2 - Tower 1
What did unit 505 last sell for?
AED 2,695,399 on 2 March 2022: AED 1,407 per sqft for 1,916 sqft. The unit has 2 registered sales; the first was AED 2,994,888 in January 2019.
What is the rent for unit 505?
AED 235,000 a year on the contract signed on 1 July 2026.
How big is unit 505?
1,916 sqft (178.0 sqm): a three-bedroom apartment on the 5th floor of a 62-storey tower completed in 2022.
What is unit 505 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 505, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 2.7M, 2 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,695,399
- Deposit, UAE resident (20%)
- AED 539,080
- Deposit, non-resident (40%)
- AED 1,078,160
- Monthly over 25 years at 3.7%
- AED 11,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →