3-bed · 1,566 sqftDowntown Views, Downtown Dubai · 54th floor · completed 2021

5403, Downtown Views

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

Unit 5403 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 4.95M30 May 2023
Current rentAED 260K /yr14 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5403, Downtown Views

What is 5403 worth today?

Last sold for AED 4,950,000 in 2023

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30 May 2023SoldReady
AED 4,950,000AED 3,160 per sqft
14 Apr 2022RentedNew contract
AED 260,000/yr12 months · AED 167 per sqft
20 Jul 2016Sold by developerOff-plan
AED 3,780,888AED 2,414 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
3-bed apartment
Size
1,566 sqft
Floor
54th of 59
Parking
P5-58, P5-59
Developer
Emaar
Completed
2021
Service charge
AED 32,300 /yr
Last sold
AED 4.95M · May 2023

About 5403, Downtown Views

5403 is a three-bedroom apartment of 1,566 sqft on the 54th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 30 May 2023 for AED 4,950,000, or AED 3,160 per sqft, 21% above the AED 2,617 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 April 2022. The current contract, signed on 14 April 2022, is AED 260,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 32,300 a year.

Sales and rents for 5403 over time

Sales
Unit 5403, 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 3,780,888 (AED 2,414 per sqft)Sold, May 2023: AED 4,950,000 (AED 3,160 per sqft)

5403 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5403, 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 5403 sits

All 118 3-beds →

5403 last sold in May 2023 at AED 3,160 per sqft, 21% above what three-beds in Downtown Views were fetching at the time (AED 2,617). 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. 5403'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 54th floor

All 430 units in Downtown Views
Value
54012-bedAED 2.51M · Jul 2016
54022-bedAED 2.75M · Dec 2022
54043-bedAED 4.23M · Jul 2016
54053-bedAED 4.19M · Jul 2016
54063-bedAED 3.78M · Jul 2016
54072-bedAED 2.85M · Jul 2023
54082-bedAED 2.51M · Jul 2016

5403, Downtown Views in numbers

  • Sold twice: first on 20 July 2016 for AED 3,780,888, last on 30 May 2023 for AED 4,950,000 (AED 3,160 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 2023 price is 5.3%, 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 30 May 2023.

Questions about 5403, Downtown Views

What did unit 5403 last sell for?

AED 4,950,000 on 30 May 2023: AED 3,160 per sqft for 1,566 sqft. The unit has 2 registered sales; the first was AED 3,780,888 in July 2016.

What is the rent for unit 5403?

AED 260,000 a year on the contract signed on 14 April 2022.

How big is unit 5403?

1,566 sqft (145.5 sqm): a three-bedroom apartment on the 54th floor of a 59-storey tower completed in 2021.

What is unit 5403 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 5403, Downtown Views

Starts from the last sale price (AED 4.95M, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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