1201, Downtown Views 2 - Tower 1
Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Downtown Views 2 - Tower 1
What is 1201 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,168 sqft
- Floor
- 12th of 62
- Parking
- P1-345
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.6M · March 2024
- Building
- Downtown Views 2 - Tower 1
About 1201, Downtown Views 2 - Tower 1
1201 is a two-bedroom apartment of 1,168 sqft on the 12th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 26 March 2024 for AED 2,600,000, or AED 2,225 per sqft, in line with the AED 2,202 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 27 January 2025, is AED 170,000 a year: a gross yield of 6.5% on the 2024 price.
Sales and rents for 1201 over time
1201 has sold 3 times; 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 2 - Tower 1, and where 1201 sits
All 247 2-beds →1201 last sold in March 2024 at AED 2,225 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,202). Over the last 12 months two-beds sold for AED 2,900,000 to 3,300,000, around AED 2,739 per sqft, and rent for AED 155,000 to 210,000 a year. 1201's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,109 sqft | 3,300,000 | 2,975 | ||
| 29 Dec 202529 December 2025 | 1,167 sqft | 2,900,000 | 2,484 | ||
| 28 Jul 202528 July 2025 | 1,156 sqft | 3,150,000 | 2,725 | ||
| 15 Jul 202515 July 2025 | 1,703 sqft | 3,550,000 | 2,084 |
Downtown Views 2 - Tower 1
Building575 apartments, 1-bed to 4-bed over 62 floors in Downtown Dubai, completed in 2022 by Emaar. 9 sold in the last 12 months.
- Typical price per sqft
- AED 2,843
- Typical sale
- AED 3.2M
- Typical rent
- AED 170K /yr
- Typical yield
- 5.6%
Other units on the 12th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 735 sqft | AED 1.29MAED 1,294,888 · Feb 2017February 2017 | 105,000 /yr | |
| 1203 | 1-bed | 744 sqft | AED 1.63MAED 1,630,000 · Jan 2023January 2023 | 130,000 /yr | |
| 1204 | 2-bed | 1,168 sqft | AED 1.88MAED 1,878,888 · Mar 2017March 2017 | 194,884 /yr | |
| 1205 | 3-bed | 1,891 sqft | AED 4.5MAED 4,500,000 · Oct 2024October 2024 | ||
| 1206 | 2-bed | 1,155 sqft | AED 2.3MAED 2,304,888 · Mar 2017March 2017 | ||
| 1207 | 2-bed | 1,094 sqft | AED 2.22MAED 2,215,888 · Feb 2017February 2017 | ||
| 1208 | 2-bed | 1,112 sqft | AED 2.27MAED 2,265,888 · Jul 2019July 2019 | 145,000 /yr | |
| 1209 | 2-bed | 1,202 sqft | AED 2.27MAED 2,265,888 · Mar 2017March 2017 | 170,000 /yr | |
| 1210 | 3-bed | 1,828 sqft | AED 4MAED 4,000,000 · Sep 2023September 2023 | 290,000 /yr |
1201, Downtown Views 2 - Tower 1 in numbers
- Sold 3 times: first on 6 April 2017 for AED 1,878,888, last on 26 March 2024 for AED 2,600,000 (AED 2,225 per sqft).
- Rented since April 2024 on 2 Ejari contracts, from AED 140,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2024 price is 6.5%.
- Two-beds in Downtown Views 2 - Tower 1 sold for AED 2,900,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,843 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 27 January 2025.
Questions about 1201, Downtown Views 2 - Tower 1
What did unit 1201 last sell for?
AED 2,600,000 on 26 March 2024: AED 2,225 per sqft for 1,168 sqft. The unit has 3 registered sales; the first was AED 1,878,888 in April 2017.
What is the rent for unit 1201?
AED 170,000 a year on the contract signed on 27 January 2025. The previous contract, from April 2024, was AED 140,000.
How big is unit 1201?
1,168 sqft (108.5 sqm): a two-bedroom apartment on the 12th floor of a 62-storey tower completed in 2022.
What is unit 1201 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 2 - Tower 1 sold for AED 2,900,000 to 3,300,000 in the last 12 months, around AED 2,739 per sqft.
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Mortgage on 1201, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 2.6M, 26 March 2024). 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 AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →