3-bed · 1,627 sqftDowntown Views 2 - Tower 3, Downtown Dubai · 5th floor · completed 2022

505, Downtown Views 2 - Tower 3

Sold prices and rental history: sold 4 times, last in August 2026, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 4 August 2026
Last soldAED 4.5M4 August 2026
Current rentAED 400K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Downtown Views 2 - Tower 3

What is 505 worth today?

Last sold for AED 4,500,000 in 2026

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4 Aug 2026SoldReady
AED 4,500,000AED 2,766 per sqft
3 Sep 2024SoldReady
AED 4,500,000AED 2,766 per sqft
15 Aug 2024RentedNew contract
AED 400,000/yr12 months · AED 246 per sqft
19 Jun 2024SoldReady
AED 4,050,000AED 2,489 per sqft
5 Oct 2017Sold by developerOff-plan
AED 3,104,888AED 1,898 per sqft

Source: Dubai Land Department. Updated 4 August 2026.

Key facts

Type
3-bed apartment
Size
1,627 sqft
Floor
5th of 49
Parking
P2-13,P2-14
Developer
Emaar
Completed
2022
Last sold
AED 4.5M · August 2026

About 505, Downtown Views 2 - Tower 3

505 is a three-bedroom apartment of 1,627 sqft on the 5th floor of Downtown Views 2 - Tower 3, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 4 August 2026 for AED 4,500,000, or AED 2,766 per sqft, in line with the AED 2,827 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2024. The current contract, signed on 15 August 2024, is AED 400,000 a year: a gross yield of 8.9% on the 2026 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Downtown Views 2 - Tower 3
3M4M5M2017202020232026Typical sale price by year: 2017 AED 3,345,388; 2018 AED 3,242,888; 2019 AED 3,232,388; 2020 AED 3,231,888; 2021 AED 3,827,888; 2022 AED 3,625,000; 2023 AED 3,950,000; 2024 AED 4,575,000; 2025 AED 4,900,000; 2026 AED 4,500,000Sold by developer, October 2017: AED 3,104,888 (AED 1,898 per sqft)Sold, June 2024: AED 4,050,000 (AED 2,489 per sqft)Sold, September 2024: AED 4,500,000 (AED 2,766 per sqft)Sold, August 2026: AED 4,500,000 (AED 2,766 per sqft)

505 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 505, each contractTypical three-bed in Downtown Views 2 - Tower 3
300K400K2024202520262027Typical rent by year: 2024 AED 277,500; 2025 AED 285,000; 2026 AED 251,000New contract, August 2024: AED 400,000 a year

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 3, and where 505 sits

All 109 3-beds →

505 last sold in August 2026 at AED 2,766 per sqft, in line with what three-beds in Downtown Views 2 - Tower 3 were fetching at the time (AED 2,827). Over the last 12 months three-beds sold for AED 4,000,000 to 4,950,000, around AED 2,723 per sqft, and rent for AED 100,000 to 370,000 a year. 505's AED 400,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,000,000
27 Apr 20264,650,000
25 Nov 20254,700,000
13 Nov 20254,950,000
5 3-bed sales in the last 12 months

Downtown Views 2 - Tower 3

Building

422 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%
Downtown Views 2 - Tower 3, Downtown Dubai: prices, sales and rents →
Value
5011-bedAED 1.26M · Jul 2017
5022-bedAED 1.92M · Dec 2017
5031-bedAED 1.17M · Jun 2022
5042-bedAED 3.1M · Nov 2025
5062-bedAED 2.6M · May 2023
5072-bedAED 2.44M · Mar 2022
5083-bedAED 3.1M · Jun 2024
1–7 of 8

505, Downtown Views 2 - Tower 3 in numbers

  • Sold 4 times: first on 5 October 2017 for AED 3,104,888, last on 4 August 2026 for AED 4,500,000 (AED 2,766 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2026 price is 8.9%.
  • Three-beds in Downtown Views 2 - Tower 3 sold for AED 4,000,000–4,950,000 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 4 August 2026.

Questions about 505, Downtown Views 2 - Tower 3

What did unit 505 last sell for?

AED 4,500,000 on 4 August 2026: AED 2,766 per sqft for 1,627 sqft. The unit has 4 registered sales; the first was AED 3,104,888 in October 2017.

What is the rent for unit 505?

AED 400,000 a year on the contract signed on 15 August 2024.

How big is unit 505?

1,627 sqft (151.2 sqm): a three-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.

What is unit 505 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 3 sold for AED 4,000,000 to 4,950,000 in the last 12 months, around AED 2,723 per sqft.

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Mortgage on 505, Downtown Views 2 - Tower 3

Starts from the last sale price (AED 4.5M, 4 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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