1501, Downtown Views
Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Downtown Views
What is 1501 worth today?
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Source: Dubai Land Department. Updated 18 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 862 sqft
- Floor
- 15th of 59
- Parking
- P7-38
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.49M · June 2015
- Building
- Downtown Views
About 1501, Downtown Views
1501 is a one-bedroom apartment of 862 sqft on the 15th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 17 June 2015 for AED 1,493,888, or AED 1,733 per sqft, 4% below the AED 1,809 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 18 February 2023, is AED 110,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 17,800 a year.
Sales and rents for 1501 over time
1501 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Downtown Views, and where 1501 sits
All 165 1-beds →1501 last sold in June 2015 at AED 1,733 per sqft, 4% below what one-beds in Downtown Views were fetching at the time (AED 1,809). Over the last 12 months one-beds sold for AED 2,000,000 to 2,500,000, around AED 2,656 per sqft, and rent for AED 90,000 to 155,000 a year. 1501's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 878 sqft | 2,435,000 | 2,772 | ||
| 24 Sep 202624 September 2026 | 860 sqft | 2,200,000 | 2,558 | ||
| 16 Sep 202616 September 2026 | 866 sqft | 2,500,000 | 2,886 | ||
| 2 Jul 20262 July 2026 | 884 sqft | 2,000,000 | 2,263 |
Downtown Views
Building430 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%
Other units on the 15th floor
All 430 units in Downtown Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 878 sqft | AED 1.57MAED 1,572,888 · Jun 2015June 2015 | 130,000 /yr | |
| 1503 | 2-bed | 1,315 sqft | AED 2.33MAED 2,332,888 · Jun 2015June 2015 | 185,000 /yr | |
| 1504 | 2-bed | 1,220 sqft | AED 2.56MAED 2,559,888 · Jun 2015June 2015 | ||
| 1505 | 3-bed | 1,763 sqft | AED 3.69MAED 3,692,888 · Jun 2015June 2015 | 280,000 /yr | |
| 1506 | 3-bed | 1,763 sqft | AED 3.69MAED 3,692,888 · Jun 2015June 2015 | ||
| 1507 | 2-bed | 1,220 sqft | AED 2.56MAED 2,559,888 · Jul 2015July 2015 | 240,000 /yr | |
| 1508 | 2-bed | 1,190 sqft | AED 2.11MAED 2,109,888 · Jul 2015July 2015 | 175,000 /yr | |
| 1509 | 1-bed | 878 sqft | AED 1.57MAED 1,572,888 · Jul 2015July 2015 | 130,000 /yr | |
| 1510 | 1-bed | 862 sqft | AED 1.49MAED 1,493,888 · May 2015May 2015 | 130,000 /yr |
1501, Downtown Views in numbers
- Sold once: by Emaar on 17 June 2015 for AED 1,493,888, or AED 1,733 per sqft.
- Rented since February 2022 on 2 Ejari contracts, from AED 100,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 17,800 a year (AED 20.64 per sqft).
- One-beds in Downtown Views sold for AED 2,000,000–2,500,000 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 18 February 2023.
Questions about 1501, Downtown Views
What did unit 1501 last sell for?
AED 1,493,888 on 17 June 2015, sold by the developer: AED 1,733 per sqft for 862 sqft. It is the only registered sale of the unit.
What is the rent for unit 1501?
AED 110,000 a year on the contract renewed on 18 February 2023. The previous contract, from February 2022, was AED 100,000.
How big is unit 1501?
862 sqft (80.1 sqm): a one-bedroom apartment on the 15th floor of a 59-storey tower completed in 2021.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Downtown Views sold for AED 2,000,000 to 2,500,000 in the last 12 months, around AED 2,656 per sqft.
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Mortgage on 1501, Downtown Views
Starts from the last sale price (AED 1.49M, 17 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,493,888
- Deposit, UAE resident (20%)
- AED 298,778
- Deposit, non-resident (40%)
- AED 597,555
- Monthly over 25 years at 3.7%
- AED 6,112
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →