3-bed · 1,763 sqftDowntown Views, Downtown Dubai · 15th floor · completed 2021

1505, Downtown Views

Sold prices and rental history: sold once, by the developer in June 2015, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 3.69M17 June 2015
Current rentAED 280K /yr7 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Downtown Views

What is 1505 worth today?

Last sold for AED 3,692,888 in 2015

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7 Dec 2021RentedNew contract
AED 280,000/yr12 months · AED 159 per sqft
17 Jun 2015Sold by developerOff-plan
AED 3,692,888AED 2,094 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
3-bed apartment
Size
1,763 sqft
Floor
15th of 59
Parking
P7-98, P7-99
Developer
Emaar
Completed
2021
Service charge
AED 36,400 /yr
Last sold
AED 3.69M · June 2015

About 1505, Downtown Views

1505 is a three-bedroom apartment of 1,763 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 3,692,888, or AED 2,094 per sqft, 6% below the AED 2,220 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 December 2021. The current contract, signed on 7 December 2021, is AED 280,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 36,400 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical three-bed in Downtown Views
4M6M20152018202120242027Typical sale price by year: 2015 AED 3,823,888; 2016 AED 3,994,888; 2019 AED 3,679,888; 2020 AED 3,954,888; 2021 AED 3,800,000; 2022 AED 4,200,000; 2023 AED 4,725,000; 2024 AED 5,800,000; 2025 AED 5,800,000; 2026 AED 6,200,000Sold by developer, June 2015: AED 3,692,888 (AED 2,094 per sqft)

1505 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1505, each contractTypical three-bed in Downtown Views
250K2021202320252027Typical rent by year: 2021 AED 215,000; 2022 AED 240,000; 2023 AED 255,000; 2024 AED 270,000; 2025 AED 280,000; 2026 AED 270,000New contract, December 2021: AED 280,000 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, and where 1505 sits

All 118 3-beds →

1505 last sold in June 2015 at AED 2,094 per sqft, 6% below what three-beds in Downtown Views were fetching at the time (AED 2,220). Over the last 12 months three-beds sold for AED 4,900,000 to 6,500,000, around AED 3,519 per sqft, and rent for AED 175,000 to 360,000 a year. 1505's AED 280,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Oct 20266,400,000
13 Oct 20264,900,000
29 Sep 20266,250,000
14 Sep 20266,250,000
11 3-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 15th floor

All 430 units in Downtown Views
Value
15011-bedAED 1.49M · Jun 2015
15021-bedAED 1.57M · Jun 2015
15032-bedAED 2.33M · Jun 2015
15042-bedAED 2.56M · Jun 2015
15063-bedAED 3.69M · Jun 2015
15072-bedAED 2.56M · Jul 2015
15082-bedAED 2.11M · Jul 2015
1–7 of 9

1505, Downtown Views in numbers

  • Sold once: by Emaar on 17 June 2015 for AED 3,692,888, or AED 2,094 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 36,400 a year (AED 20.64 per sqft).
  • Three-beds in Downtown Views sold for AED 4,900,000–6,500,000 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 7 December 2021.

Questions about 1505, Downtown Views

What did unit 1505 last sell for?

AED 3,692,888 on 17 June 2015, sold by the developer: AED 2,094 per sqft for 1,763 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 280,000 a year on the contract signed on 7 December 2021.

How big is unit 1505?

1,763 sqft (163.8 sqm): a three-bedroom apartment on the 15th floor of a 59-storey tower completed in 2021.

What is unit 1505 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 sold for AED 4,900,000 to 6,500,000 in the last 12 months, around AED 3,519 per sqft.

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Mortgage on 1505, Downtown Views

Starts from the last sale price (AED 3.69M, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,692,888
Deposit, UAE resident (20%)
AED 738,578
Deposit, non-resident (40%)
AED 1,477,155
Monthly over 25 years at 3.7%
AED 15,109

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