2-bed · 545 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 5th floor · completed 2022

507, Downtown Views 2 - Tower 1

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

Unit 507 · DLD and Ejari recordsUpdated 11 June 2025
Last soldAED 2.16M14 February 2017
Current rentAED 143K /yr11 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Downtown Views 2 - Tower 1

What is 507 worth today?

Last sold for AED 2,160,888 in 2017

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11 Jun 2025RentedRenewal
AED 143,152/yr6 months · AED 132 per sqft
11 Jun 2025RentedRenewal
AED 143,152/yr6 months · AED 132 per sqft
12 Jun 2024RentedRenewal
AED 147,000/yr12 months · AED 135 per sqft
12 Jun 2023RentedNew contract
AED 140,000/yr12 months · AED 129 per sqft
14 Feb 2017Sold by developerOff-plan
AED 2,160,888AED 1,974 per sqft

Source: Dubai Land Department. Updated 11 June 2025.

Key facts

Type
2-bed apartment
Size
545 sqft
Floor
5th of 62
Parking
P1-78
Developer
Emaar
Completed
2022
Last sold
AED 2.16M · February 2017

About 507, Downtown Views 2 - Tower 1

507 is a two-bedroom apartment of 545 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 14 February 2017 for AED 2,160,888, or AED 1,974 per sqft, in line with the AED 1,974 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 11 June 2025, is AED 143,152 a year: a gross yield of 6.6% on the 2017 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, February 2017: AED 2,160,888 (AED 1,974 per sqft)

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

Rents
Unit 507, 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 140,000 a yearRenewal, June 2024: AED 147,000 a yearRenewal, June 2025: AED 143,152 a yearRenewal, June 2025: AED 143,152 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 507 sits

All 256 2-beds →

507 last sold in February 2017 at AED 1,974 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,974). 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. 507's AED 143,152 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
5042-bedAED 1.85M · Jul 2017
5053-bedAED 2.7M · Mar 2022
5062-bedAED 2.25M · Feb 2017
5082-bedAED 3.3M · Jan 2026
1–7 of 9

507, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 14 February 2017 for AED 2,160,888, or AED 1,974 per sqft.
  • Rented since June 2023 on 4 Ejari contracts, from AED 140,000 to AED 143,152 a year.
  • At AED 143,152 a year the gross yield on the 2017 price is 6.6%.
  • 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 11 June 2025.

Questions about 507, Downtown Views 2 - Tower 1

What did unit 507 last sell for?

AED 2,160,888 on 14 February 2017, sold by the developer: AED 1,974 per sqft for 545 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 143,152 a year on the contract renewed on 11 June 2025. The previous contract, from June 2025, was AED 143,152; the unit has been rented since June 2023.

How big is unit 507?

545 sqft (50.6 sqm): a two-bedroom apartment on the 5th floor of a 62-storey tower completed in 2022.

What is unit 507 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 507, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 2.16M, 14 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,160,888
Deposit, UAE resident (20%)
AED 432,178
Deposit, non-resident (40%)
AED 864,355
Monthly over 25 years at 3.7%
AED 8,841

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