2-bed · 1,082 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 55th floor · completed 2022

5502, Downtown Views 2 - Tower 2

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

Unit 5502 · DLD and Ejari recordsUpdated 23 August 2022
Last soldAED 2.38M23 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5502, Downtown Views 2 - Tower 2

What is 5502 worth today?

Last sold for AED 2,375,000 in 2022

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23 Aug 2022SoldOff-plan
AED 2,375,000AED 2,194 per sqft
15 Oct 2019Sold by developerOff-plan
AED 2,193,888AED 2,027 per sqft

Source: Dubai Land Department. Updated 23 August 2022.

Key facts

Type
2-bed apartment
Size
1,082 sqft
Floor
55th of 57
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 2.38M · August 2022

About 5502, Downtown Views 2 - Tower 2

5502 is a two-bedroom apartment of 1,082 sqft on the 55th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 23 August 2022 for AED 2,375,000, or AED 2,194 per sqft, 16% above the AED 1,890 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5502 over time

Sales
Unit 5502, each saleTypical two-bed in Downtown Views 2 - Tower 2
2M3M2017202020232026Typical sale price by year: 2017 AED 1,984,888; 2018 AED 2,151,888; 2019 AED 2,072,388; 2020 AED 2,096,888; 2021 AED 2,213,888; 2022 AED 2,195,444; 2023 AED 2,650,000; 2024 AED 2,940,000; 2025 AED 3,175,000; 2026 AED 3,050,000Sold by developer, October 2019: AED 2,193,888 (AED 2,027 per sqft)Sold, August 2022: AED 2,375,000 (AED 2,194 per sqft)

5502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5502, each contractTypical two-bed in Downtown Views 2 - Tower 2
160K180K2024202520262027Typical rent by year: 2024 AED 167,500; 2025 AED 180,000; 2026 AED 156,923

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 5502 sits

All 238 2-beds →

5502 last sold in August 2022 at AED 2,194 per sqft, 16% above what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,890). 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 salesUnit no.Price (AED)Summary
23 Oct 20262,850,000
12 Oct 20262,750,000
23 Sep 20263,110,000
2 Sep 20263,000,000
12 2-bed sales in the last 12 months

Downtown Views 2 - Tower 2

Building

489 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%
Downtown Views 2 - Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 55th floor

All 489 units in Downtown Views 2 - Tower 2
Value
55011-bedAED 1.51M · Sep 2021
55031-bedAED 1.49M · Oct 2019
55041-bedAED 2.05M · Mar 2024
55053-bedAED 6.05M · May 2024
55063-bedAED 5M · May 2024
55072-bedAED 3.7M · Jul 2026
55083-bedAED 4.14M · Feb 2020
1–7 of 8

5502, Downtown Views 2 - Tower 2 in numbers

  • Sold twice: first on 15 October 2019 for AED 2,193,888, last on 23 August 2022 for AED 2,375,000 (AED 2,194 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 23 August 2022.

Questions about 5502, Downtown Views 2 - Tower 2

What did unit 5502 last sell for?

AED 2,375,000 on 23 August 2022: AED 2,194 per sqft for 1,082 sqft. The unit has 2 registered sales; the first was AED 2,193,888 in October 2019.

How big is unit 5502?

1,082 sqft (100.5 sqm): a two-bedroom apartment on the 55th floor of a 57-storey tower completed in 2022.

What is unit 5502 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 5502, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 2.38M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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