3-bed · 1,566 sqftDowntown Views, Downtown Dubai · 53rd floor · completed 2021

5306, Downtown Views

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

Unit 5306 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 3.77M27 July 2016
Current rentAED 260K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5306, Downtown Views

What is 5306 worth today?

Last sold for AED 3,770,888 in 2016

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20 Jun 2024RentedRenewal
AED 260,000/yr12 months · AED 167 per sqft
20 Jun 2023RentedNew contract
AED 230,000/yr12 months · AED 146 per sqft
20 Jun 2022RentedNew contract
AED 210,000/yr12 months · AED 135 per sqft
27 Jul 2016Sold by developerOff-plan
AED 3,770,888AED 2,407 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
3-bed apartment
Size
1,566 sqft
Floor
53rd of 59
Parking
P3-55, P3-56
Developer
Emaar
Completed
2021
Service charge
AED 32,300 /yr
Last sold
AED 3.77M · July 2016

About 5306, Downtown Views

5306 is a three-bedroom apartment of 1,566 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 27 July 2016 for AED 3,770,888, or AED 2,407 per sqft, 6% above the AED 2,280 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 260,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 32,300 a year.

Sales and rents for 5306 over time

Sales
Unit 5306, 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, July 2016: AED 3,770,888 (AED 2,407 per sqft)

5306 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5306, each contractTypical three-bed in Downtown Views
200K250K2021202320252027Typical 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, June 2022: AED 210,000 a yearNew contract, June 2023: AED 230,000 a yearRenewal, June 2024: 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 5306 sits

All 118 3-beds →

5306 last sold in July 2016 at AED 2,407 per sqft, 6% above what three-beds in Downtown Views were fetching at the time (AED 2,280). 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. 5306'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 53rd floor

All 430 units in Downtown Views
Value
53012-bedAED 2.51M · Jul 2016
53022-bedAED 3.8M · Feb 2025
53033-bedAED 5.35M · Sep 2024
53043-bedAED 4.22M · Jul 2016
53053-bedAED 4.18M · Jul 2016
53072-bedAED 2.31M · Jul 2016
53082-bedAED 3.4M · Sep 2023

5306, Downtown Views in numbers

  • Sold once: by Emaar on 27 July 2016 for AED 3,770,888, or AED 2,407 per sqft.
  • Rented since June 2022 on 3 Ejari contracts, from AED 210,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 32,300 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 20 June 2024.

Questions about 5306, Downtown Views

What did unit 5306 last sell for?

AED 3,770,888 on 27 July 2016, sold by the developer: AED 2,407 per sqft for 1,566 sqft. It is the only registered sale of the unit.

What is the rent for unit 5306?

AED 260,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 230,000; the unit has been rented since June 2022.

How big is unit 5306?

1,566 sqft (145.5 sqm): a three-bedroom apartment on the 53rd floor of a 59-storey tower completed in 2021.

What is unit 5306 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 5306, Downtown Views

Starts from the last sale price (AED 3.77M, 27 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,770,888
Deposit, UAE resident (20%)
AED 754,178
Deposit, non-resident (40%)
AED 1,508,355
Monthly over 25 years at 3.7%
AED 15,428

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