2-bed · 1,383 sqftDowntown Views, Downtown Dubai · 50th floor · completed 2021

5002, Downtown Views

Sold prices and rental history: sold twice, last in July 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5002 · DLD and Ejari recordsUpdated 11 July 2023
Last soldAED 3.05M11 July 2023
Current rentAED 158K /yr5 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5002, Downtown Views

What is 5002 worth today?

Last sold for AED 3,050,000 in 2023

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11 Jul 2023SoldReady
AED 3,050,000AED 2,205 per sqft
5 Mar 2023RentedRenewal
AED 157,968/yr1 months · AED 115 per sqft
5 Mar 2022RentedNew contract
AED 155,000/yr12 months · AED 112 per sqft
10 Jun 2015Sold by developerOff-plan
AED 2,606,888AED 1,885 per sqft

Source: Dubai Land Department. Updated 11 July 2023.

Key facts

Type
2-bed apartment
Size
1,383 sqft
Floor
50th of 59
Parking
P5-42
Developer
Emaar
Completed
2021
Service charge
AED 28,500 /yr
Last sold
AED 3.05M · July 2023

About 5002, Downtown Views

5002 is a two-bedroom apartment of 1,383 sqft on the 50th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 11 July 2023 for AED 3,050,000, or AED 2,205 per sqft, in line with the AED 2,205 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 5 March 2023, is AED 157,968 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 28,500 a year.

Sales and rents for 5002 over time

Sales
Unit 5002, each saleTypical two-bed in Downtown Views
3M20152018202120242027Typical sale price by year: 2015 AED 2,457,888; 2016 AED 2,448,888; 2017 AED 2,312,888; 2018 AED 2,305,973; 2019 AED 2,386,888; 2020 AED 2,397,888; 2021 AED 2,579,388; 2022 AED 2,750,000; 2023 AED 3,000,000; 2024 AED 3,250,000; 2025 AED 3,512,500; 2026 AED 3,200,000Sold by developer, June 2015: AED 2,606,888 (AED 1,885 per sqft)Sold, July 2023: AED 3,050,000 (AED 2,205 per sqft)

5002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5002, each contractTypical two-bed in Downtown Views
160K180K2021202320252027Typical rent by year: 2021 AED 150,000; 2022 AED 155,000; 2023 AED 171,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 180,000New contract, March 2022: AED 155,000 a yearRenewal, March 2023: AED 157,968 a year

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 5002 sits

All 187 2-beds →

5002 last sold in July 2023 at AED 2,205 per sqft, in line with what two-beds in Downtown Views were fetching at the time (AED 2,205). 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. 5002's AED 157,968 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20263,000,000
29 Oct 20263,100,000
9 Oct 20262,800,000
8 Sep 20263,450,000
10 2-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 50th floor

All 430 units in Downtown Views
Value
50012-bedAED 3.18M · Nov 2023
50033-bedAED 5.7M · Apr 2024
50043-bedAED 6M · Oct 2023
50053-bedAED 6M · Apr 2024
50063-bedAED 5.3M · Aug 2023
50072-bedAED 3M · May 2025
50082-bedAED 3.25M · Dec 2023

5002, Downtown Views in numbers

  • Sold twice: first on 10 June 2015 for AED 2,606,888, last on 11 July 2023 for AED 3,050,000 (AED 2,205 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 155,000 to AED 157,968 a year.
  • At AED 157,968 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 28,500 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 11 July 2023.

Questions about 5002, Downtown Views

What did unit 5002 last sell for?

AED 3,050,000 on 11 July 2023: AED 2,205 per sqft for 1,383 sqft. The unit has 2 registered sales; the first was AED 2,606,888 in June 2015.

What is the rent for unit 5002?

AED 157,968 a year on the contract renewed on 5 March 2023. The previous contract, from March 2022, was AED 155,000.

How big is unit 5002?

1,383 sqft (128.5 sqm): a two-bedroom apartment on the 50th floor of a 59-storey tower completed in 2021.

What is unit 5002 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 5002, Downtown Views

Starts from the last sale price (AED 3.05M, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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