1-bed · 1,091 sqftDowntown Views, Downtown Dubai · completed 2021

303, Downtown Views

Sold prices and rental history: sold twice, last in June 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 1.97M7 June 2024
Current rentAED 95K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Downtown Views

What is 303 worth today?

Last sold for AED 1,970,000 in 2024

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7 Jun 2024SoldReady
AED 1,970,000AED 1,805 per sqft
15 Jan 2024RentedRenewal
AED 95,000/yr12 months · AED 87 per sqft
15 Jan 2023RentedRenewal
AED 90,000/yr12 months · AED 82 per sqft
15 Jan 2022RentedNew contract
AED 90,000/yr12 months · AED 82 per sqft
27 Jul 2016Sold by developerOff-plan
AED 1,949,888AED 1,787 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
1-bed apartment
Size
1,091 sqft
Parking
P5-142
Developer
Emaar
Completed
2021
Service charge
AED 22,500 /yr
Last sold
AED 1.97M · June 2024

About 303, Downtown Views

303 is a one-bedroom apartment of 1,091 sqft of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 7 June 2024 for AED 1,970,000, or AED 1,805 per sqft, 21% below the AED 2,277 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 95,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 22,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, July 2016: AED 1,949,888 (AED 1,787 per sqft)Sold, June 2024: AED 1,970,000 (AED 1,805 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Downtown Views
80K100K120K2021202320252027Typical 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, January 2022: AED 90,000 a yearRenewal, January 2023: AED 90,000 a yearRenewal, January 2024: AED 95,000 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 303 sits

All 165 1-beds →

303 last sold in June 2024 at AED 1,805 per sqft, 21% below what one-beds in Downtown Views were fetching at the time (AED 2,277). 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. 303's AED 95,000 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 →

303, Downtown Views in numbers

  • Sold twice: first on 27 July 2016 for AED 1,949,888, last on 7 June 2024 for AED 1,970,000 (AED 1,805 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 90,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 22,500 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 7 June 2024.

Questions about 303, Downtown Views

What did unit 303 last sell for?

AED 1,970,000 on 7 June 2024: AED 1,805 per sqft for 1,091 sqft. The unit has 2 registered sales; the first was AED 1,949,888 in July 2016.

What is the rent for unit 303?

AED 95,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 90,000; the unit has been rented since January 2022.

How big is unit 303?

1,091 sqft (101.4 sqm): a one-bedroom apartment of a 59-storey tower completed in 2021.

What is unit 303 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 303, Downtown Views

Starts from the last sale price (AED 1.97M, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,000
Deposit, UAE resident (20%)
AED 394,000
Deposit, non-resident (40%)
AED 788,000
Monthly over 25 years at 3.7%
AED 8,060

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