506, Downtown Views 2 - Tower 2
Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Downtown Views 2 - Tower 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 7 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,129 sqft
- Floor
- 5th of 57
- Parking
- P3-229
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 3.45M · November 2024
- Building
- Downtown Views 2 - Tower 2
About 506, Downtown Views 2 - Tower 2
506 is a two-bedroom apartment of 1,129 sqft on the 5th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 7 November 2024 for AED 3,450,000, or AED 3,054 per sqft, 18% above the AED 2,599 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 2, and where 506 sits
All 238 2-beds →506 last sold in November 2024 at AED 3,054 per sqft, 18% above what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,599). Over the last 12 months two-beds sold for AED 2,600,000 to 3,700,000, around AED 2,615 per sqft, and rent for AED 120,000 to 300,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,203 sqft | 2,850,000 | 2,369 | ||
| 12 Oct 202612 October 2026 | 1,204 sqft | 2,750,000 | 2,284 | ||
| 23 Sep 202623 September 2026 | 1,129 sqft | 3,110,000 | 2,753 | ||
| 2 Sep 20262 September 2026 | 1,129 sqft | 3,000,000 | 2,656 |
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 | |
| 505 | 3-bed | 1,633 sqft | AED 3.07MAED 3,068,888 · Jan 2019January 2019 | 300,000 /yr | |
| 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 |
506, Downtown Views 2 - Tower 2 in numbers
- Sold 3 times: first on 3 October 2017 for AED 2,303,888, last on 7 November 2024 for AED 3,450,000 (AED 3,054 per sqft).
- Two-beds in Downtown Views 2 - Tower 2 sold for AED 2,600,000–3,700,000 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 7 November 2024.
Questions about 506, Downtown Views 2 - Tower 2
What did unit 506 last sell for?
AED 3,450,000 on 7 November 2024: AED 3,054 per sqft for 1,129 sqft. The unit has 3 registered sales; the first was AED 2,303,888 in October 2017.
How big is unit 506?
1,129 sqft (104.9 sqm): a two-bedroom apartment on the 5th floor of a 57-storey tower completed in 2022.
What is unit 506 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 2 sold for AED 2,600,000 to 3,700,000 in the last 12 months, around AED 2,615 per sqft.
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Mortgage on 506, Downtown Views 2 - Tower 2
Starts from the last sale price (AED 3.45M, 7 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,450,000
- Deposit, UAE resident (20%)
- AED 690,000
- Deposit, non-resident (40%)
- AED 1,380,000
- Monthly over 25 years at 3.7%
- AED 14,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →