2-bed · 1,419 sqftDowntown Views, Downtown Dubai · 53rd floor · completed 2021

5301, Downtown Views

Sold prices and rental history: sold once, by the developer in July 2016, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5301 · DLD and Ejari recordsUpdated 12 June 2022
Last soldAED 2.51M24 July 2016
Current rentAED 155K /yr12 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5301, Downtown Views

What is 5301 worth today?

Last sold for AED 2,505,888 in 2016

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12 Jun 2022RentedNew contract
AED 155,000/yr12 months · AED 109 per sqft
24 Jul 2016Sold by developerOff-plan
AED 2,505,888AED 1,766 per sqft

Source: Dubai Land Department. Updated 12 June 2022.

Key facts

Type
2-bed apartment
Size
1,419 sqft
Floor
53rd of 59
Parking
P4-116
Developer
Emaar
Completed
2021
Service charge
AED 29,300 /yr
Last sold
AED 2.51M · July 2016

About 5301, Downtown Views

5301 is a two-bedroom apartment of 1,419 sqft on the 53rd floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 24 July 2016 for AED 2,505,888, or AED 1,766 per sqft, 5% below the AED 1,867 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 June 2022. The current contract, signed on 12 June 2022, is AED 155,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 29,300 a year.

Sales and rents for 5301 over time

Sales
Unit 5301, 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, July 2016: AED 2,505,888 (AED 1,766 per sqft)

5301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5301, 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, June 2022: AED 155,000 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 5301 sits

All 187 2-beds →

5301 last sold in July 2016 at AED 1,766 per sqft, 5% below what two-beds in Downtown Views were fetching at the time (AED 1,867). 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. 5301's AED 155,000 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 53rd floor

All 430 units in Downtown Views
Value
53022-bedAED 3.8M · Feb 2025
53033-bedAED 5.35M · Sep 2024
53043-bedAED 4.22M · Jul 2016
53053-bedAED 4.18M · Jul 2016
53063-bedAED 3.77M · Jul 2016
53072-bedAED 2.31M · Jul 2016
53082-bedAED 3.4M · Sep 2023

5301, Downtown Views in numbers

  • Sold once: by Emaar on 24 July 2016 for AED 2,505,888, or AED 1,766 per sqft.
  • Rented since June 2022 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 29,300 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 12 June 2022.

Questions about 5301, Downtown Views

What did unit 5301 last sell for?

AED 2,505,888 on 24 July 2016, sold by the developer: AED 1,766 per sqft for 1,419 sqft. It is the only registered sale of the unit.

What is the rent for unit 5301?

AED 155,000 a year on the contract signed on 12 June 2022.

How big is unit 5301?

1,419 sqft (131.8 sqm): a two-bedroom apartment on the 53rd floor of a 59-storey tower completed in 2021.

What is unit 5301 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 5301, Downtown Views

Starts from the last sale price (AED 2.51M, 24 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,505,888
Deposit, UAE resident (20%)
AED 501,178
Deposit, non-resident (40%)
AED 1,002,355
Monthly over 25 years at 3.7%
AED 10,252

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