1-bed · 735 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 12th floor · completed 2022

1202, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in February 2017, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.29M13 February 2017
Current rentAED 105K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Downtown Views 2 - Tower 1

What is 1202 worth today?

Last sold for AED 1,294,888 in 2017

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15 Aug 2024RentedRenewal
AED 105,000/yr12 months · AED 141 per sqft
13 Feb 2017Sold by developerOff-plan
AED 1,294,888AED 1,761 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
12th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.29M · February 2017

About 1202, Downtown Views 2 - Tower 1

1202 is a one-bedroom apartment of 735 sqft on the 12th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 13 February 2017 for AED 1,294,888, or AED 1,761 per sqft, in line with the AED 1,784 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2024. The current contract, renewed on 15 August 2024, is AED 105,000 a year: a gross yield of 8.1% on the 2017 price.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical one-bed in Downtown Views 2 - Tower 1
1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,301,888; 2018 AED 1,351,888; 2019 AED 1,585,388; 2020 AED 1,531,888; 2021 AED 1,492,389; 2022 AED 1,350,000; 2023 AED 1,627,500; 2024 AED 1,925,000; 2025 AED 2,026,500Sold by developer, February 2017: AED 1,294,888 (AED 1,761 per sqft)

1202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, each contractTypical one-bed in Downtown Views 2 - Tower 1
110K120K20232024202520262027Typical rent by year: 2023 AED 112,500; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 125,000Renewal, August 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Downtown Views 2 - Tower 1, and where 1202 sits

All 154 1-beds →

1202 last sold in February 2017 at AED 1,761 per sqft, in line with what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,784). Over the last 12 months one-beds sold for AED 2,100,000 to 2,175,000, around AED 2,843 per sqft, and rent for AED 108,000 to 150,000 a year. 1202's AED 105,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20262,100,000
18 Dec 20252,175,000
17 Dec 20252,100,000
15 Jul 20252,000,000
3 1-bed sales in the last 12 months

Downtown Views 2 - Tower 1

Building

575 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%
Downtown Views 2 - Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 575 units in Downtown Views 2 - Tower 1
Value
12012-bedAED 2.6M · Mar 2024
12031-bedAED 1.63M · Jan 2023
12042-bedAED 1.88M · Mar 2017
12053-bedAED 4.5M · Oct 2024
12062-bedAED 2.3M · Mar 2017
12072-bedAED 2.22M · Feb 2017
12082-bedAED 2.27M · Jul 2019
1–7 of 9

1202, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 13 February 2017 for AED 1,294,888, or AED 1,761 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2017 price is 8.1%.
  • One-beds in Downtown Views 2 - Tower 1 sold for AED 2,100,000–2,175,000 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 15 August 2024.

Questions about 1202, Downtown Views 2 - Tower 1

What did unit 1202 last sell for?

AED 1,294,888 on 13 February 2017, sold by the developer: AED 1,761 per sqft for 735 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 105,000 a year on the contract renewed on 15 August 2024.

How big is unit 1202?

735 sqft (68.3 sqm): a one-bedroom apartment on the 12th floor of a 62-storey tower completed in 2022.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Downtown Views 2 - Tower 1 sold for AED 2,100,000 to 2,175,000 in the last 12 months, around AED 2,843 per sqft.

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Mortgage on 1202, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.29M, 13 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,294,888
Deposit, UAE resident (20%)
AED 258,978
Deposit, non-resident (40%)
AED 517,955
Monthly over 25 years at 3.7%
AED 5,298

Plus AED 59,396 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →