1-bed · 878 sqftDowntown Views, Downtown Dubai · 16th floor · completed 2021

1609, Downtown Views

Sold prices and rental history: sold twice, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 2.22M30 October 2024
Current rentAED 100K /yr13 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Downtown Views

What is 1609 worth today?

Last sold for AED 2,220,000 in 2024

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30 Oct 2024SoldReady
AED 2,220,000AED 2,527 per sqft
13 Oct 2023RentedNew contract
AED 99,750/yr12 months · AED 113 per sqft
13 Oct 2022RentedNew contract
AED 95,000/yr12 months · AED 108 per sqft
29 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
24 Jun 2015Sold by developerOff-plan
AED 1,575,888AED 1,794 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
16th of 59
Parking
P7-181
Developer
Emaar
Completed
2021
Service charge
AED 18,100 /yr
Last sold
AED 2.22M · October 2024

About 1609, Downtown Views

1609 is a one-bedroom apartment of 878 sqft on the 16th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 30 October 2024 for AED 2,220,000, or AED 2,527 per sqft, 4% above the AED 2,422 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 13 October 2023, is AED 99,750 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in Downtown Views
1.5M2M2.5M20152018202120242027Typical sale price by year: 2015 AED 1,561,888; 2016 AED 1,539,888; 2017 AED 1,566,888; 2018 AED 1,300,000; 2019 AED 1,539,388; 2020 AED 1,368,444; 2021 AED 1,550,000; 2022 AED 1,650,000; 2023 AED 1,920,000; 2024 AED 2,215,000; 2025 AED 2,322,500; 2026 AED 2,300,000Sold by developer, June 2015: AED 1,575,888 (AED 1,794 per sqft)Sold, October 2024: AED 2,220,000 (AED 2,527 per sqft)

1609 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in Downtown Views
75K100K125K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 96,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, September 2021: AED 80,000 a yearNew contract, October 2022: AED 95,000 a yearNew contract, October 2023: AED 99,750 a year

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 1609 sits

All 165 1-beds →

1609 last sold in October 2024 at AED 2,527 per sqft, 4% above what one-beds in Downtown Views were fetching at the time (AED 2,422). 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. 1609's AED 99,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20262,435,000
24 Sep 20262,200,000
16 Sep 20262,500,000
2 Jul 20262,000,000
13 1-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 16th floor

All 430 units in Downtown Views
Value
16011-bedAED 2.15M · Oct 2023
16021-bedAED 1.58M · Jul 2015
16032-bedAED 3.3M · Oct 2025
16042-bedAED 2.57M · Jul 2015
16053-bedAED 5.9M · Jan 2026
16063-bedAED 3.75M · Jun 2021
16072-bedAED 2.57M · Jul 2015
1–7 of 9

1609, Downtown Views in numbers

  • Sold twice: first on 24 June 2015 for AED 1,575,888, last on 30 October 2024 for AED 2,220,000 (AED 2,527 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 80,000 to AED 99,750 a year.
  • At AED 99,750 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 18,100 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 30 October 2024.

Questions about 1609, Downtown Views

What did unit 1609 last sell for?

AED 2,220,000 on 30 October 2024: AED 2,527 per sqft for 878 sqft. The unit has 2 registered sales; the first was AED 1,575,888 in June 2015.

What is the rent for unit 1609?

AED 99,750 a year on the contract signed on 13 October 2023. The previous contract, from October 2022, was AED 95,000; the unit has been rented since September 2021.

How big is unit 1609?

878 sqft (81.6 sqm): a one-bedroom apartment on the 16th floor of a 59-storey tower completed in 2021.

What is unit 1609 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 1609, Downtown Views

Starts from the last sale price (AED 2.22M, 30 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,220,000
Deposit, UAE resident (20%)
AED 444,000
Deposit, non-resident (40%)
AED 888,000
Monthly over 25 years at 3.7%
AED 9,083

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