2-bed · 1,076 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 56th floor · completed 2022

5602, Downtown Views 2 - Tower 2

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5602 · DLD and Ejari recordsUpdated 16 March 2023
Last soldAED 2.6M16 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5602, Downtown Views 2 - Tower 2

What is 5602 worth today?

Last sold for AED 2,600,000 in 2023

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16 Mar 2023SoldReady
AED 2,600,000AED 2,415 per sqft
22 Dec 2019Sold by developerOff-plan
AED 2,188,888AED 2,030 per sqft

Source: Dubai Land Department. Updated 16 March 2023.

Key facts

Type
2-bed apartment
Size
1,076 sqft
Floor
56th of 57
Parking
G-178
Developer
Emaar
Completed
2022
Last sold
AED 2.6M · March 2023

About 5602, Downtown Views 2 - Tower 2

5602 is a two-bedroom apartment of 1,076 sqft on the 56th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 16 March 2023 for AED 2,600,000, or AED 2,415 per sqft, 23% above the AED 1,959 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5602 over time

Sales
Unit 5602, 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, December 2019: AED 2,188,888 (AED 2,030 per sqft)Sold, March 2023: AED 2,600,000 (AED 2,415 per sqft)

5602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5602, 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 5602 sits

All 238 2-beds →

5602 last sold in March 2023 at AED 2,415 per sqft, 23% above what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,959). 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 56th floor

All 489 units in Downtown Views 2 - Tower 2
Value
56012-bedAED 2.06M · Dec 2019
56032-bedAED 3.3M · Jun 2025
56044-bedAED 5.96M · Dec 2021
56054-bedAED 7.6M · Apr 2024
56064-bedAED 7.04M · May 2024

5602, Downtown Views 2 - Tower 2 in numbers

  • Sold twice: first on 22 December 2019 for AED 2,188,888, last on 16 March 2023 for AED 2,600,000 (AED 2,415 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 16 March 2023.

Questions about 5602, Downtown Views 2 - Tower 2

What did unit 5602 last sell for?

AED 2,600,000 on 16 March 2023: AED 2,415 per sqft for 1,076 sqft. The unit has 2 registered sales; the first was AED 2,188,888 in December 2019.

How big is unit 5602?

1,076 sqft (100.0 sqm): a two-bedroom apartment on the 56th floor of a 57-storey tower completed in 2022.

What is unit 5602 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 5602, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 2.6M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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