5506, Downtown Views
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5506, Downtown Views
What is 5506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,566 sqft
- Floor
- 55th of 59
- Parking
- P7-87, P7-88
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 32,300 /yr
- Last sold
- AED 3.79M · July 2016
- Building
- Downtown Views
About 5506, Downtown Views
5506 is a three-bedroom apartment of 1,566 sqft on the 55th 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 3,794,888, or AED 2,423 per sqft, 7% above the AED 2,271 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 270,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 32,300 a year.
Sales and rents for 5506 over time
5506 has sold once; the dashed line is the three-bed median of each year in the building.
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 5506 sits
All 118 3-beds →5506 last sold in July 2016 at AED 2,423 per sqft, 7% above what three-beds in Downtown Views were fetching at the time (AED 2,271). 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. 5506's AED 270,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,812 sqft | 6,400,000 | 3,531 | ||
| 13 Oct 202613 October 2026 | 1,566 sqft | 4,900,000 | 3,128 | ||
| 29 Sep 202629 September 2026 | 1,776 sqft | 6,250,000 | 3,519 | ||
| 14 Sep 202614 September 2026 | 1,769 sqft | 6,250,000 | 3,534 |
Downtown Views
Building430 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%
Other units on the 55th floor
All 430 units in Downtown Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 2-bed | 1,419 sqft | AED 3MAED 3,000,000 · Nov 2026November 2026 | 180,973 /yr | |
| 5502 | 2-bed | 1,383 sqft | AED 3.39MAED 3,390,000 · Sep 2024September 2024 | 170,000 /yr | |
| 5503 | 3-bed | 1,566 sqft | AED 5MAED 5,000,000 · Aug 2026August 2026 | ||
| 5504 | 3-bed | 1,812 sqft | AED 4.24MAED 4,243,888 · Jul 2016July 2016 | 330,000 /yr | |
| 5505 | 3-bed | 1,798 sqft | AED 5.9MAED 5,900,000 · May 2024May 2024 | ||
| 5507 | 2-bed | 1,238 sqft | AED 2.8MAED 2,800,000 · Nov 2022November 2022 | 150,000 /yr | |
| 5508 | 2-bed | 1,419 sqft | AED 3.3MAED 3,300,000 · May 2023May 2023 | 165,000 /yr |
5506, Downtown Views in numbers
- Sold once: by Emaar on 24 July 2016 for AED 3,794,888, or AED 2,423 per sqft.
- Rented since April 2022 on 6 Ejari contracts, from AED 230,000 to AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2016 price is 7.1%, 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 3 January 2026.
Questions about 5506, Downtown Views
What did unit 5506 last sell for?
AED 3,794,888 on 24 July 2016, sold by the developer: AED 2,423 per sqft for 1,566 sqft. It is the only registered sale of the unit.
What is the rent for unit 5506?
AED 270,000 a year on the contract renewed on 3 January 2026. The previous contract, from January 2025, was AED 270,000; the unit has been rented since April 2022.
How big is unit 5506?
1,566 sqft (145.5 sqm): a three-bedroom apartment on the 55th floor of a 59-storey tower completed in 2021.
What is unit 5506 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.
Selling 5506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 5506, Downtown Views
Starts from the last sale price (AED 3.79M, 24 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,794,888
- Deposit, UAE resident (20%)
- AED 758,978
- Deposit, non-resident (40%)
- AED 1,517,955
- Monthly over 25 years at 3.7%
- AED 15,526
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →