5602, Downtown Views
Sold prices and rental history: sold twice, last in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5602, Downtown Views
What is 5602 worth today?
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Source: Dubai Land Department. Updated 20 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,383 sqft
- Floor
- 56th of 59
- Parking
- P3-86
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 28,500 /yr
- Last sold
- AED 2.6M · January 2023
- Building
- Downtown Views
About 5602, Downtown Views
5602 is a two-bedroom apartment of 1,383 sqft on the 56th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 5 January 2023 for AED 2,600,000, or AED 1,880 per sqft, 8% below the AED 2,034 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 200,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 28,500 a year.
Sales and rents for 5602 over time
5602 has sold twice; the dashed line is the two-bed median of each year in the building.
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 5602 sits
All 187 2-beds →5602 last sold in January 2023 at AED 1,880 per sqft, 8% below what two-beds in Downtown Views were fetching at the time (AED 2,034). 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. 5602's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,419 sqft | 3,000,000 | 2,114 | ||
| 29 Oct 202629 October 2026 | 1,238 sqft | 3,100,000 | 2,504 | ||
| 9 Oct 20269 October 2026 | 1,314 sqft | 2,800,000 | 2,130 | ||
| 8 Sep 20268 September 2026 | 1,313 sqft | 3,450,000 | 2,628 |
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 56th floor
All 430 units in Downtown Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5601 | 2-bed | 1,419 sqft | AED 2.52MAED 2,518,888 · Jul 2016July 2016 | 165,000 /yr | |
| 5603 | 3-bed | 1,566 sqft | AED 5.8MAED 5,800,000 · Jul 2025July 2025 | 260,000 /yr | |
| 5604 | 3-bed | 1,812 sqft | AED 4.26MAED 4,256,888 · Jul 2016July 2016 | 310,000 /yr | |
| 5605 | 3-bed | 1,798 sqft | AED 4.22MAED 4,218,888 · Jul 2016July 2016 | 248,311 /yr | |
| 5606 | 3-bed | 1,566 sqft | AED 3.81MAED 3,805,888 · Jul 2016July 2016 | 275,000 /yr | |
| 5607 | 2-bed | 619 sqft | AED 2.33MAED 2,325,888 · Jul 2016July 2016 | 150,000 /yr | |
| 5608 | 2-bed | 946 sqft | AED 2.52MAED 2,518,888 · Jul 2016July 2016 | 220,000 /yr |
5602, Downtown Views in numbers
- Sold twice: first on 27 July 2016 for AED 2,613,888, last on 5 January 2023 for AED 2,600,000 (AED 1,880 per sqft).
- Rented since February 2023 on 2 Ejari contracts, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 28,500 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 20 February 2024.
Questions about 5602, Downtown Views
What did unit 5602 last sell for?
AED 2,600,000 on 5 January 2023: AED 1,880 per sqft for 1,383 sqft. The unit has 2 registered sales; the first was AED 2,613,888 in July 2016.
What is the rent for unit 5602?
AED 200,000 a year on the contract renewed on 20 February 2024. The previous contract, from February 2023, was AED 200,000.
How big is unit 5602?
1,383 sqft (128.5 sqm): a two-bedroom apartment on the 56th floor of a 59-storey tower completed in 2021.
What is unit 5602 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 5602, Downtown Views
Starts from the last sale price (AED 2.6M, 5 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →