5506, Downtown Views 2 - Tower 2
Sold prices and rental history: sold twice, last in May 2024, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5506, Downtown Views 2 - Tower 2
What is 5506 worth today?
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Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,817 sqft
- Floor
- 55th of 57
- Parking
- P2-198,P2-199
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 5M · May 2024
- Building
- Downtown Views 2 - Tower 2
About 5506, Downtown Views 2 - Tower 2
5506 is a three-bedroom apartment of 1,817 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 May 2024 for AED 5,000,000, or AED 2,751 per sqft, 8% above the AED 2,544 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 January 2026. The current contract, signed on 15 January 2026, is AED 305,000 a year: a gross yield of 6.1% on the 2024 price.
Sales and rents for 5506 over time
5506 has sold twice; 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 5506 sits
All 125 3-beds →5506 last sold in May 2024 at AED 2,751 per sqft, 8% above what three-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,544). 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. 5506's AED 305,000 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 55th floor
All 489 units in Downtown Views 2 - Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 1-bed | 742 sqft | AED 1.51MAED 1,508,888 · Sep 2021September 2021 | 90,000 /yr | |
| 5502 | 2-bed | 1,082 sqft | AED 2.38MAED 2,375,000 · Aug 2022August 2022 | ||
| 5503 | 1-bed | 732 sqft | AED 1.49MAED 1,493,888 · Oct 2019October 2019 | ||
| 5504 | 1-bed | 774 sqft | AED 2.05MAED 2,050,000 · Mar 2024March 2024 | ||
| 5505 | 3-bed | 1,735 sqft | AED 6.05MAED 6,050,000 · May 2024May 2024 | ||
| 5507 | 2-bed | 1,091 sqft | AED 3.7MAED 3,700,000 · Jul 2026July 2026 | 200,000 /yr | |
| 5508 | 3-bed | 855 sqft | AED 4.14MAED 4,142,888 · Feb 2020February 2020 | 265,000 /yr | |
| 5509 | 2-bed | 1,222 sqft | AED 2MAED 2,000,000 · Apr 2022April 2022 | 180,000 /yr |
5506, Downtown Views 2 - Tower 2 in numbers
- Sold twice: first on 29 October 2019 for AED 4,097,888, last on 23 May 2024 for AED 5,000,000 (AED 2,751 per sqft).
- Rented since January 2026 on one Ejari contract, at AED 305,000 a year.
- At AED 305,000 a year the gross yield on the 2024 price is 6.1%.
- 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 15 January 2026.
Questions about 5506, Downtown Views 2 - Tower 2
What did unit 5506 last sell for?
AED 5,000,000 on 23 May 2024: AED 2,751 per sqft for 1,817 sqft. The unit has 2 registered sales; the first was AED 4,097,888 in October 2019.
What is the rent for unit 5506?
AED 305,000 a year on the contract signed on 15 January 2026.
How big is unit 5506?
1,817 sqft (168.8 sqm): a three-bedroom apartment on the 55th floor of a 57-storey tower completed in 2022.
What is unit 5506 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 5506, Downtown Views 2 - Tower 2
Starts from the last sale price (AED 5M, 23 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,000,000
- Deposit, UAE resident (20%)
- AED 1,000,000
- Deposit, non-resident (40%)
- AED 2,000,000
- Monthly over 25 years at 3.7%
- AED 20,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →