2-bed · 1,190 sqftDowntown Views, Downtown Dubai · completed 2021

905, 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 905 · DLD and Ejari recordsUpdated 11 June 2023
Last soldAED 2.06M27 July 2016
Current rentAED 142K /yr11 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Downtown Views

What is 905 worth today?

Last sold for AED 2,063,888 in 2016

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11 Jun 2023RentedRenewal
AED 141,750/yr12 months · AED 119 per sqft
11 Jun 2022RentedNew contract
AED 135,000/yr12 months · AED 113 per sqft
27 Jul 2016Sold by developerOff-plan
AED 2,063,888AED 1,734 per sqft

Source: Dubai Land Department. Updated 11 June 2023.

Key facts

Type
2-bed apartment
Size
1,190 sqft
Parking
P5-77
Developer
Emaar
Completed
2021
Service charge
AED 24,600 /yr
Last sold
AED 2.06M · July 2016

About 905, Downtown Views

905 is a two-bedroom apartment of 1,190 sqft 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 2,063,888, or AED 1,734 per sqft, 7% below the AED 1,862 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 11 June 2023, is AED 141,750 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 24,600 a year.

Sales and rents for 905 over time

Sales
Unit 905, each saleTypical two-bed in Downtown Views
2M3M20152018202120242027Typical 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 2,063,888 (AED 1,734 per sqft)

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

Rents
Unit 905, each contractTypical two-bed in Downtown Views
150K175K2021202320252027Typical 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 135,000 a yearRenewal, June 2023: AED 141,750 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 905 sits

All 187 2-beds →

905 last sold in July 2016 at AED 1,734 per sqft, 7% below what two-beds in Downtown Views were fetching at the time (AED 1,862). 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. 905's AED 141,750 is at the bottom 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 →

905, Downtown Views in numbers

  • Sold once: by Emaar on 27 July 2016 for AED 2,063,888, or AED 1,734 per sqft.
  • Rented since June 2022 on 2 Ejari contracts, from AED 135,000 to AED 141,750 a year.
  • At AED 141,750 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 24,600 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 11 June 2023.

Questions about 905, Downtown Views

What did unit 905 last sell for?

AED 2,063,888 on 27 July 2016, sold by the developer: AED 1,734 per sqft for 1,190 sqft. It is the only registered sale of the unit.

What is the rent for unit 905?

AED 141,750 a year on the contract renewed on 11 June 2023. The previous contract, from June 2022, was AED 135,000.

How big is unit 905?

1,190 sqft (110.6 sqm): a two-bedroom apartment of a 59-storey tower completed in 2021.

What is unit 905 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 905, Downtown Views

Starts from the last sale price (AED 2.06M, 27 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,063,888
Deposit, UAE resident (20%)
AED 412,778
Deposit, non-resident (40%)
AED 825,555
Monthly over 25 years at 3.7%
AED 8,444

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