505, Downtown Views 2 - Tower 2
Sold prices and rental history: sold once, by the developer in January 2019, and rented since 2024. 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 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 4 May 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,633 sqft
- Floor
- 5th of 57
- Parking
- 2
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 3.07M · January 2019
- Building
- Downtown Views 2 - Tower 2
About 505, Downtown Views 2 - Tower 2
505 is a three-bedroom apartment of 1,633 sqft on the 5th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 30 January 2019 for AED 3,068,888, or AED 1,879 per sqft, 7% below the AED 2,015 three-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 4 May 2026, is AED 300,000 a year: a gross yield of 9.8% on the 2019 price.
Sales and rents for 505 over time
505 has sold once; 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 2, and where 505 sits
All 125 3-beds →505 last sold in January 2019 at AED 1,879 per sqft, 7% below what three-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,015). Over the last 12 months three-beds sold for AED 4,000,000 to 5,575,000, around AED 2,758 per sqft, and rent for AED 190,000 to 370,000 a year. 505's AED 300,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 1,700 sqft | 4,400,000 | 2,588 | ||
| 9 Sep 20269 September 2026 | 1,700 sqft | 4,000,000 | 2,352 | ||
| 1 Jul 20261 July 2026 | 1,631 sqft | 4,500,000 | 2,758 | ||
| 17 Jun 202617 June 2026 | 1,700 sqft | 4,700,000 | 2,764 |
Downtown Views 2 - Tower 2
Building489 apartments, 1-bed to 4-bed over 57 floors in Downtown Dubai, completed in 2022 by Emaar. 25 sold in the last 12 months.
- Typical price per sqft
- AED 2,656 Down 6.3%
- Typical sale
- AED 3.11M
- Typical rent
- AED 155K /yr
- Typical yield
- 5.5%
Other units on the 5th floor
All 489 units in Downtown Views 2 - Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 729 sqft | AED 1.26MAED 1,258,888 · Dec 2018December 2018 | 145,000 /yr | |
| 502 | 2-bed | 1,086 sqft | AED 3.07MAED 3,065,000 · Nov 2025November 2025 | ||
| 503 | 1-bed | 719 sqft | AED 1.26MAED 1,256,888 · Dec 2018December 2018 | 145,000 /yr | |
| 504 | 2-bed | 1,204 sqft | AED 2.8MAED 2,800,000 · Jan 2025January 2025 | 156,923 /yr | |
| 506 | 2-bed | 1,129 sqft | AED 3.45MAED 3,450,000 · Nov 2024November 2024 | ||
| 507 | 2-bed | 1,097 sqft | AED 2.18MAED 2,178,888 · Aug 2017August 2017 | 180,000 /yr | |
| 508 | 3-bed | 1,700 sqft | AED 4.4MAED 4,400,000 · Sep 2026September 2026 | 279,845 /yr | |
| 509 | 2-bed | 1,203 sqft | AED 2.85MAED 2,850,000 · Oct 2026October 2026 | 155,400 /yr |
505, Downtown Views 2 - Tower 2 in numbers
- Sold once: by Emaar on 30 January 2019 for AED 3,068,888, or AED 1,879 per sqft.
- Rented since October 2024 on 3 Ejari contracts, from AED 310,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2019 price is 9.8%.
- Three-beds in Downtown Views 2 - Tower 2 sold for AED 4,000,000–5,575,000 in the 12 months to November 2026; the building's median across all types is AED 2,656 per sqft.
Source: Dubai Land Department. Updated 4 May 2026.
Questions about 505, Downtown Views 2 - Tower 2
What did unit 505 last sell for?
AED 3,068,888 on 30 January 2019, sold by the developer: AED 1,879 per sqft for 1,633 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 300,000 a year on the contract signed on 4 May 2026. The previous contract, from October 2025, was AED 310,000; the unit has been rented since October 2024.
How big is unit 505?
1,633 sqft (151.7 sqm): a three-bedroom apartment on the 5th floor of a 57-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 2 sold for AED 4,000,000 to 5,575,000 in the last 12 months, around AED 2,758 per sqft.
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Mortgage on 505, Downtown Views 2 - Tower 2
Starts from the last sale price (AED 3.07M, 30 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,068,888
- Deposit, UAE resident (20%)
- AED 613,778
- Deposit, non-resident (40%)
- AED 1,227,555
- Monthly over 25 years at 3.7%
- AED 12,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →