3-bed · 1,798 sqftDowntown Views, Downtown Dubai · 50th floor · completed 2021

5005, Downtown Views

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

Unit 5005 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 6M5 April 2024
Current rentAED 260K /yr22 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5005, Downtown Views

What is 5005 worth today?

Last sold for AED 6,000,000 in 2024

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5 Apr 2024SoldReady
AED 6,000,000AED 3,337 per sqft
22 Apr 2022RentedNew contract
AED 260,000/yr24 months · AED 145 per sqft
9 Jun 2015Sold by developerOff-plan
AED 4,151,888AED 2,309 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
3-bed apartment
Size
1,798 sqft
Floor
50th of 59
Parking
P4-15, P4-16
Developer
Emaar
Completed
2021
Service charge
AED 37,100 /yr
Last sold
AED 6M · April 2024

About 5005, Downtown Views

5005 is a three-bedroom apartment of 1,798 sqft on the 50th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 5 April 2024 for AED 6,000,000, or AED 3,337 per sqft, 15% above the AED 2,910 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 April 2022. The current contract, signed on 22 April 2022, is AED 260,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 37,100 a year.

Sales and rents for 5005 over time

Sales
Unit 5005, 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 4,151,888 (AED 2,309 per sqft)Sold, April 2024: AED 6,000,000 (AED 3,337 per sqft)

5005 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5005, 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, April 2022: AED 260,000 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 5005 sits

All 118 3-beds →

5005 last sold in April 2024 at AED 3,337 per sqft, 15% above what three-beds in Downtown Views were fetching at the time (AED 2,910). 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. 5005's AED 260,000 is in the lower 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 50th floor

All 430 units in Downtown Views
Value
50012-bedAED 3.18M · Nov 2023
50022-bedAED 3.05M · Jul 2023
50033-bedAED 5.7M · Apr 2024
50043-bedAED 6M · Oct 2023
50063-bedAED 5.3M · Aug 2023
50072-bedAED 3M · May 2025
50082-bedAED 3.25M · Dec 2023

5005, Downtown Views in numbers

  • Sold twice: first on 9 June 2015 for AED 4,151,888, last on 5 April 2024 for AED 6,000,000 (AED 3,337 per sqft).
  • Rented since April 2022 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 37,100 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 5 April 2024.

Questions about 5005, Downtown Views

What did unit 5005 last sell for?

AED 6,000,000 on 5 April 2024: AED 3,337 per sqft for 1,798 sqft. The unit has 2 registered sales; the first was AED 4,151,888 in June 2015.

What is the rent for unit 5005?

AED 260,000 a year on the contract signed on 22 April 2022.

How big is unit 5005?

1,798 sqft (167.0 sqm): a three-bedroom apartment on the 50th floor of a 59-storey tower completed in 2021.

What is unit 5005 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 5005, Downtown Views

Starts from the last sale price (AED 6M, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

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