502, Downtown Views 2 - Tower 3
Sold prices and rental history: sold once, by the developer in December 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Downtown Views 2 - Tower 3
What is 502 worth today?
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Source: Dubai Land Department. Updated 24 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,086 sqft
- Floor
- 5th of 49
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.92M · December 2017
- Building
- Downtown Views 2 - Tower 3
About 502, Downtown Views 2 - Tower 3
502 is a two-bedroom apartment of 1,086 sqft on the 5th floor of Downtown Views 2 - Tower 3, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 18 December 2017 for AED 1,917,888, or AED 1,766 per sqft, in line with the AED 1,790 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 24 September 2024, is AED 158,459 a year: a gross yield of 8.3% on the 2017 price.
Sales and rents for 502 over time
502 has sold once; 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 3, and where 502 sits
All 202 2-beds →502 last sold in December 2017 at AED 1,766 per sqft, in line with what two-beds in Downtown Views 2 - Tower 3 were fetching at the time (AED 1,790). Over the last 12 months two-beds sold for AED 969,944 to 3,730,000, around AED 2,584 per sqft, and rent for AED 80,000 to 300,000 a year. 502's AED 158,459 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,193 sqft | 3,450,000 | 2,891 | ||
| 21 Jul 202621 July 2026 | 1,085 sqft | 3,260,000 | 3,004 | ||
| 22 Jun 202622 June 2026 | 1,202 sqft | 2,925,000 | 2,432 | ||
| 17 Jun 202617 June 2026 | 1,802 sqft | 3,410,000 | 1,892 |
Downtown Views 2 - Tower 3
Building422 apartments, 1-bed to 4-bed over 49 floors in Downtown Dubai, completed in 2022 by Emaar. 29 sold in the last 12 months.
- Typical price per sqft
- AED 2,685 Down 0.2%
- Typical sale
- AED 2.93M
- Typical rent
- AED 155K /yr
- Typical yield
- 5.4%
Other units on the 5th floor
All 422 units in Downtown Views 2 - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 728 sqft | AED 1.26MAED 1,257,888 · Jul 2017July 2017 | 107,000 /yr | |
| 503 | 1-bed | 746 sqft | AED 1.17MAED 1,170,000 · Jun 2022June 2022 | 129,000 /yr | |
| 504 | 2-bed | 1,199 sqft | AED 3.1MAED 3,100,000 · Nov 2025November 2025 | 180,000 /yr | |
| 505 | 3-bed | 1,627 sqft | AED 4.5MAED 4,500,000 · Aug 2026August 2026 | 400,000 /yr | |
| 506 | 2-bed | 1,193 sqft | AED 2.6MAED 2,600,000 · May 2023May 2023 | ||
| 507 | 2-bed | 1,094 sqft | AED 2.44MAED 2,436,372 · Mar 2022March 2022 | 178,000 /yr | |
| 508 | 3-bed | 1,707 sqft | AED 3.1MAED 3,100,000 · Jun 2024June 2024 | ||
| 509 | 2-bed | 1,223 sqft | AED 1.91MAED 1,912,888 · Aug 2017August 2017 | 160,000 /yr |
502, Downtown Views 2 - Tower 3 in numbers
- Sold once: by Emaar on 18 December 2017 for AED 1,917,888, or AED 1,766 per sqft.
- Rented since July 2023 on 2 Ejari contracts, from AED 130,000 to AED 158,459 a year.
- At AED 158,459 a year the gross yield on the 2017 price is 8.3%.
- Two-beds in Downtown Views 2 - Tower 3 sold for AED 969,944–3,730,000 in the 12 months to November 2026; the building's median across all types is AED 2,685 per sqft.
Source: Dubai Land Department. Updated 24 September 2024.
Questions about 502, Downtown Views 2 - Tower 3
What did unit 502 last sell for?
AED 1,917,888 on 18 December 2017, sold by the developer: AED 1,766 per sqft for 1,086 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 158,459 a year on the contract signed on 24 September 2024. The previous contract, from July 2023, was AED 130,000.
How big is unit 502?
1,086 sqft (100.9 sqm): a two-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.
What is unit 502 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 3 sold for AED 969,944 to 3,730,000 in the last 12 months, around AED 2,584 per sqft.
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Mortgage on 502, Downtown Views 2 - Tower 3
Starts from the last sale price (AED 1.92M, 18 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,917,888
- Deposit, UAE resident (20%)
- AED 383,578
- Deposit, non-resident (40%)
- AED 767,155
- Monthly over 25 years at 3.7%
- AED 7,847
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →