1508, Downtown Views
Sold prices and rental history: sold once, by the developer in July 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Downtown Views
What is 1508 worth today?
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Source: Dubai Land Department. Updated 20 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,190 sqft
- Floor
- 15th of 59
- Parking
- P5-72
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 24,600 /yr
- Last sold
- AED 2.11M · July 2015
- Building
- Downtown Views
About 1508, Downtown Views
1508 is a two-bedroom apartment of 1,190 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 26 July 2015 for AED 2,109,888, or AED 1,772 per sqft, 5% below the AED 1,862 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 175,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 24,600 a year.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the two-bed median of each year in the building.
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 1508 sits
All 187 2-beds →1508 last sold in July 2015 at AED 1,772 per sqft, 5% below what two-beds in Downtown Views were fetching at the time (AED 1,862). 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. 1508's AED 175,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,419 sqft | 3,000,000 | 2,114 | ||
| 29 Oct 202629 October 2026 | 1,238 sqft | 3,100,000 | 2,504 | ||
| 9 Oct 20269 October 2026 | 1,314 sqft | 2,800,000 | 2,130 | ||
| 8 Sep 20268 September 2026 | 1,313 sqft | 3,450,000 | 2,628 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 862 sqft | AED 1.49MAED 1,493,888 · Jun 2015June 2015 | 110,000 /yr | |
| 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 | |
| 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 |
1508, Downtown Views in numbers
- Sold once: by Emaar on 26 July 2015 for AED 2,109,888, or AED 1,772 per sqft.
- Rented since November 2021 on 2 Ejari contracts, from AED 160,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 24,600 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 20 November 2022.
Questions about 1508, Downtown Views
What did unit 1508 last sell for?
AED 2,109,888 on 26 July 2015, sold by the developer: AED 1,772 per sqft for 1,190 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 175,000 a year on the contract renewed on 20 November 2022. The previous contract, from November 2021, was AED 160,000.
How big is unit 1508?
1,190 sqft (110.6 sqm): a two-bedroom apartment on the 15th floor of a 59-storey tower completed in 2021.
What is unit 1508 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 1508, Downtown Views
Starts from the last sale price (AED 2.11M, 26 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,109,888
- Deposit, UAE resident (20%)
- AED 421,978
- Deposit, non-resident (40%)
- AED 843,955
- Monthly over 25 years at 3.7%
- AED 8,632
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →