1-bed · 732 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 55th floor · completed 2022

5503, Downtown Views 2 - Tower 2

Sold prices and rental history: sold once, by the developer in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5503 · DLD and Ejari recordsUpdated 28 October 2019
Last soldAED 1.49M28 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5503, Downtown Views 2 - Tower 2

What is 5503 worth today?

Last sold for AED 1,493,888 in 2019

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28 Oct 2019Sold by developerOff-plan
AED 1,493,888AED 2,041 per sqft

Source: Dubai Land Department. Updated 28 October 2019.

Key facts

Type
1-bed apartment
Size
732 sqft
Floor
55th of 57
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.49M · October 2019

About 5503, Downtown Views 2 - Tower 2

5503 is a one-bedroom apartment of 732 sqft on the 55th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 28 October 2019 for AED 1,493,888, or AED 2,041 per sqft, 12% above the AED 1,817 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5503 over time

Sales
Unit 5503, each saleTypical one-bed in Downtown Views 2 - Tower 2
1M2M2017202020232026Typical sale price by year: 2017 AED 1,326,388; 2018 AED 1,320,888; 2019 AED 1,328,888; 2020 AED 1,020,000; 2021 AED 1,451,388; 2022 AED 1,367,388; 2023 AED 1,707,500; 2024 AED 1,912,500; 2025 AED 2,150,000; 2026 AED 1,850,000Sold by developer, October 2019: AED 1,493,888 (AED 2,041 per sqft)

5503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5503, each contractTypical one-bed in Downtown Views 2 - Tower 2
115K120K20232024202520262027Typical rent by year: 2023 AED 112,000; 2024 AED 119,000; 2025 AED 121,875; 2026 AED 116,528

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Downtown Views 2 - Tower 2, and where 5503 sits

All 129 1-beds →

5503 last sold in October 2019 at AED 2,041 per sqft, 12% above what one-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,817). Over the last 12 months one-beds sold for AED 1,800,000 to 2,200,000, around AED 2,679 per sqft, and rent for AED 85,000 to 157,875 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jul 202652,990
16 Jul 20261,800,000
22 Jun 20261,850,000
16 Jan 20262,200,000
6 1-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
55022-bedAED 2.38M · Aug 2022
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

5503, Downtown Views 2 - Tower 2 in numbers

  • Sold once: by Emaar on 28 October 2019 for AED 1,493,888, or AED 2,041 per sqft.
  • One-beds in Downtown Views 2 - Tower 2 sold for AED 1,800,000–2,200,000 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 28 October 2019.

Questions about 5503, Downtown Views 2 - Tower 2

What did unit 5503 last sell for?

AED 1,493,888 on 28 October 2019, sold by the developer: AED 2,041 per sqft for 732 sqft. It is the only registered sale of the unit.

How big is unit 5503?

732 sqft (68.0 sqm): a one-bedroom apartment on the 55th floor of a 57-storey tower completed in 2022.

What is unit 5503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Downtown Views 2 - Tower 2 sold for AED 1,800,000 to 2,200,000 in the last 12 months, around AED 2,679 per sqft.

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Mortgage on 5503, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 1.49M, 28 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,493,888
Deposit, UAE resident (20%)
AED 298,778
Deposit, non-resident (40%)
AED 597,555
Monthly over 25 years at 3.7%
AED 6,112

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