3-bed · 1,807 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 53rd floor · completed 2022

5308, Downtown Views 2 - Tower 1

Sold prices and rental history: sold 3 times, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5308 · DLD and Ejari recordsUpdated 27 October 2022
Last soldAED 3.75M27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5308, Downtown Views 2 - Tower 1

What is 5308 worth today?

Last sold for AED 3,750,000 in 2022

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27 Oct 2022SoldOff-plan
AED 3,750,000AED 2,074 per sqft
15 Dec 2021SoldOff-plan
AED 3,415,516AED 1,889 per sqft
7 Nov 2018Sold by developerOff-plan
AED 3,709,888AED 2,052 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type
3-bed apartment
Size
1,807 sqft
Floor
53rd of 62
Parking
2
Developer
Emaar
Completed
2022
Last sold
AED 3.75M · October 2022

About 5308, Downtown Views 2 - Tower 1

5308 is a three-bedroom apartment of 1,807 sqft on the 53rd floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 27 October 2022 for AED 3,750,000, or AED 2,074 per sqft, 7% above the AED 1,936 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5308 over time

Sales
Unit 5308, 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, November 2018: AED 3,709,888 (AED 2,052 per sqft)Sold, December 2021: AED 3,415,516 (AED 1,889 per sqft)Sold, October 2022: AED 3,750,000 (AED 2,074 per sqft)

5308 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5308, 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 5308 sits

All 156 3-beds →

5308 last sold in October 2022 at AED 2,074 per sqft, 7% above what three-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,936). 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 53rd floor

All 575 units in Downtown Views 2 - Tower 1
Value
53011-bedAED 1.5M · Nov 2021
53021-bedAED 1.64M · Mar 2022
53031-bedAED 1.4M · Mar 2017
53041-bedAED 1.48M · Nov 2021
53052-bedAED 1.7M · Mar 2019
53063-bedAED 3.27M · Nov 2018
53073-bedAED 4.1M · Jan 2023
1–7 of 9

5308, Downtown Views 2 - Tower 1 in numbers

  • Sold 3 times: first on 7 November 2018 for AED 3,709,888, last on 27 October 2022 for AED 3,750,000 (AED 2,074 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 27 October 2022.

Questions about 5308, Downtown Views 2 - Tower 1

What did unit 5308 last sell for?

AED 3,750,000 on 27 October 2022: AED 2,074 per sqft for 1,807 sqft. The unit has 3 registered sales; the first was AED 3,709,888 in November 2018.

How big is unit 5308?

1,807 sqft (167.9 sqm): a three-bedroom apartment on the 53rd floor of a 62-storey tower completed in 2022.

What is unit 5308 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 5308, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 3.75M, 27 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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