2-bed · 1,315 sqftDowntown Views, Downtown Dubai · 12th floor · completed 2021

1203, Downtown Views

Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 2.45M6 June 2022
Current rentAED 185K /yr26 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Downtown Views

What is 1203 worth today?

Last sold for AED 2,450,000 in 2022

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26 Oct 2026RentedNew contract
AED 185,000/yr12 months · AED 141 per sqft
1 Nov 2025RentedRenewal
AED 180,000/yr12 months · AED 137 per sqft
1 Nov 2024RentedNew contract
AED 180,000/yr12 months · AED 137 per sqft
1 Nov 2023RentedNew contract
AED 180,000/yr12 months · AED 137 per sqft
9 Sep 2022RentedNew contract
AED 145,000/yr12 months · AED 110 per sqft
6 Jun 2022Sold by developerReady
AED 2,450,000AED 1,863 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
2-bed apartment
Size
1,315 sqft
Floor
12th of 59
Parking
P4-108
Developer
Emaar
Completed
2021
Service charge
AED 27,100 /yr
Last sold
AED 2.45M · June 2022

About 1203, Downtown Views

1203 is a two-bedroom apartment of 1,315 sqft on the 12th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 6 June 2022 for AED 2,450,000, or AED 1,863 per sqft, 9% below the AED 2,039 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 26 October 2026, is AED 185,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 27,100 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Downtown Views
3M20152018202120242027Typical sale price by year: 2015 AED 2,457,888; 2016 AED 2,448,888; 2017 AED 2,312,888; 2018 AED 2,305,973; 2019 AED 2,386,888; 2020 AED 2,397,888; 2021 AED 2,579,388; 2022 AED 2,750,000; 2023 AED 3,000,000; 2024 AED 3,250,000; 2025 AED 3,512,500; 2026 AED 3,200,000Sold by developer, June 2022: AED 2,450,000 (AED 1,863 per sqft)

1203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Downtown Views
140K160K180K2021202320252027Typical rent by year: 2021 AED 150,000; 2022 AED 155,000; 2023 AED 171,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 180,000New contract, September 2022: AED 145,000 a yearNew contract, November 2023: AED 180,000 a yearNew contract, November 2024: AED 180,000 a yearRenewal, November 2025: AED 180,000 a yearNew contract, October 2026: AED 185,000 a year

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, and where 1203 sits

All 187 2-beds →

1203 last sold in June 2022 at AED 1,863 per sqft, 9% below what two-beds in Downtown Views were fetching at the time (AED 2,039). Over the last 12 months two-beds sold for AED 2,800,000 to 3,700,000, around AED 2,430 per sqft, and rent for AED 145,000 to 285,000 a year. 1203's AED 185,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20263,000,000
29 Oct 20263,100,000
9 Oct 20262,800,000
8 Sep 20263,450,000
10 2-bed sales in the last 12 months

Downtown Views

Building

430 apartments, 1-bed to 4-bed over 59 floors in Downtown Dubai, completed in 2021 by Emaar. 34 sold in the last 12 months.

Typical price per sqft
AED 2,672 Down 0.5%
Typical sale
AED 3.05M
Typical rent
AED 174K /yr
Typical yield
5.3%
Downtown Views, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 430 units in Downtown Views
Value
12011-bedAED 1.49M · Jun 2015
12021-bedAED 2.3M · Jan 2026
12042-bedAED 3.05M · Dec 2022
12053-bedAED 5.6M · Jan 2025
12063-bedAED 3.65M · Sep 2015
12072-bedAED 2.53M · Jun 2015
12082-bedAED 2.65M · Jul 2023
1–7 of 9

1203, Downtown Views in numbers

  • Sold once: by Emaar on 6 June 2022 for AED 2,450,000, or AED 1,863 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 145,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 27,100 a year (AED 20.64 per sqft).
  • Two-beds in Downtown Views sold for AED 2,800,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,672 per sqft.

Source: Dubai Land Department. Updated 26 October 2026.

Questions about 1203, Downtown Views

What did unit 1203 last sell for?

AED 2,450,000 on 6 June 2022, sold by the developer: AED 1,863 per sqft for 1,315 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 185,000 a year on the contract signed on 26 October 2026. The previous contract, from November 2025, was AED 180,000; the unit has been rented since September 2022.

How big is unit 1203?

1,315 sqft (122.2 sqm): a two-bedroom apartment on the 12th floor of a 59-storey tower completed in 2021.

What is unit 1203 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 sold for AED 2,800,000 to 3,700,000 in the last 12 months, around AED 2,430 per sqft.

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Mortgage on 1203, Downtown Views

Starts from the last sale price (AED 2.45M, 6 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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