3-bed · 1,707 sqftDowntown Views 2 - Tower 3, Downtown Dubai · 5th floor · completed 2022

508, Downtown Views 2 - Tower 3

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 3.1M10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Downtown Views 2 - Tower 3

What is 508 worth today?

Last sold for AED 3,100,000 in 2024

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10 Jun 2024SoldReady
AED 3,100,000AED 1,815 per sqft
20 Mar 2019Sold by developerOff-plan
AED 3,190,888AED 1,873 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
3-bed apartment
Size
1,707 sqft
Floor
5th of 49
Parking
P2-01,P2-02
Developer
Emaar
Completed
2022
Last sold
AED 3.1M · June 2024

About 508, Downtown Views 2 - Tower 3

508 is a three-bedroom apartment of 1,707 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 10 June 2024 for AED 3,100,000, or AED 1,815 per sqft, 23% below the AED 2,372 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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, March 2019: AED 3,190,888 (AED 1,873 per sqft)Sold, June 2024: AED 3,100,000 (AED 1,815 per sqft)

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

Rents
Unit 508, each contractTypical three-bed in Downtown Views 2 - Tower 3
260K280K2024202520262027Typical rent by year: 2024 AED 277,500; 2025 AED 285,000; 2026 AED 251,000

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 508 sits

All 109 3-beds →

508 last sold in June 2024 at AED 1,815 per sqft, 23% below what three-beds in Downtown Views 2 - Tower 3 were fetching at the time (AED 2,372). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,000,000
4 Aug 20264,500,000
27 Apr 20264,650,000
25 Nov 20254,700,000
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
5053-bedAED 4.5M · Aug 2026
5062-bedAED 2.6M · May 2023
5072-bedAED 2.44M · Mar 2022
1–7 of 8

508, Downtown Views 2 - Tower 3 in numbers

  • Sold twice: first on 20 March 2019 for AED 3,190,888, last on 10 June 2024 for AED 3,100,000 (AED 1,815 per sqft).
  • 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 10 June 2024.

Questions about 508, Downtown Views 2 - Tower 3

What did unit 508 last sell for?

AED 3,100,000 on 10 June 2024: AED 1,815 per sqft for 1,707 sqft. The unit has 2 registered sales; the first was AED 3,190,888 in March 2019.

How big is unit 508?

1,707 sqft (158.6 sqm): a three-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.

What is unit 508 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 508, Downtown Views 2 - Tower 3

Starts from the last sale price (AED 3.1M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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