2-bed · 1,157 sqftDowntown Views 2 - Tower 1, Downtown Dubai · completed 2022

P202, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in June 2022, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P202 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 2.35M27 June 2022
Current rentAED 100K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P202, Downtown Views 2 - Tower 1

What is P202 worth today?

Last sold for AED 2,348,888 in 2022

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1 Jun 2024RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
27 Jun 2022Sold by developerOff-plan
AED 2,348,888AED 2,029 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,157 sqft
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 2.35M · June 2022

About P202, Downtown Views 2 - Tower 1

P202 is a two-bedroom apartment of 1,157 sqft of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 27 June 2022 for AED 2,348,888, or AED 2,029 per sqft, in line with the AED 1,984 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2024. The current contract, signed on 1 June 2024, is AED 100,000 a year: a gross yield of 4.3% on the 2022 price.

Sales and rents for P202 over time

Sales
Unit P202, 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, June 2022: AED 2,348,888 (AED 2,029 per sqft)

P202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P202, each contractTypical two-bed in Downtown Views 2 - Tower 1
100K150K2024202520262027Typical rent by year: 2024 AED 170,000; 2025 AED 175,000; 2026 AED 165,000New contract, June 2024: AED 100,000 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 P202 sits

All 256 2-beds →

P202 last sold in June 2022 at AED 2,029 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,984). 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. P202's AED 100,000 is at the bottom 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 →

P202, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 27 June 2022 for AED 2,348,888, or AED 2,029 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 4.3%.
  • 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 June 2024.

Questions about P202, Downtown Views 2 - Tower 1

What did unit P202 last sell for?

AED 2,348,888 on 27 June 2022, sold by the developer: AED 2,029 per sqft for 1,157 sqft. It is the only registered sale of the unit.

What is the rent for unit P202?

AED 100,000 a year on the contract signed on 1 June 2024.

How big is unit P202?

1,157 sqft (107.5 sqm): a two-bedroom apartment of a 62-storey tower completed in 2022.

What is unit P202 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 P202, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 2.35M, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,348,888
Deposit, UAE resident (20%)
AED 469,778
Deposit, non-resident (40%)
AED 939,555
Monthly over 25 years at 3.7%
AED 9,610

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