5002, Downtown Views 2 - Tower 1
Sold prices and rental history: sold once, by the developer in March 2018, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5002, Downtown Views 2 - Tower 1
What is 5002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 735 sqft
- Floor
- 50th of 62
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.39M · March 2018
- Building
- Downtown Views 2 - Tower 1
About 5002, Downtown Views 2 - Tower 1
5002 is a one-bedroom apartment of 735 sqft on the 50th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 29 March 2018 for AED 1,388,888, or AED 1,889 per sqft, 4% above the AED 1,816 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 6 May 2024. The current contract, signed on 6 May 2024, is AED 120,000 a year: a gross yield of 8.6% on the 2018 price.
Sales and rents for 5002 over time
5002 has sold once; the dashed line is the one-bed median of each year in the building.
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 5002 sits
All 154 1-beds →5002 last sold in March 2018 at AED 1,889 per sqft, 4% above what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,816). 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. 5002's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 738 sqft | 2,100,000 | 2,843 | ||
| 18 Dec 202518 December 2025 | 744 sqft | 2,175,000 | 2,922 | ||
| 17 Dec 202517 December 2025 | 744 sqft | 2,100,000 | 2,822 | ||
| 15 Jul 202515 July 2025 | 741 sqft | 2,000,000 | 2,700 |
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 50th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 1-bed | 692 sqft | AED 1.3MAED 1,300,000 · Feb 2022February 2022 | 125,000 /yr | |
| 5003 | 1-bed | 741 sqft | AED 1.35MAED 1,350,000 · Oct 2022October 2022 | 137,000 /yr | |
| 5004 | 1-bed | 689 sqft | AED 2MAED 2,000,000 · Dec 2023December 2023 | 120,000 /yr | |
| 5005 | 2-bed | 1,304 sqft | AED 2.15MAED 2,154,888 · May 2018May 2018 | 160,000 /yr | |
| 5006 | 3-bed | 1,627 sqft | AED 3.24MAED 3,237,888 · Mar 2019March 2019 | ||
| 5007 | 3-bed | 1,787 sqft | AED 5.25MAED 5,250,000 · Nov 2024November 2024 | ||
| 5008 | 3-bed | 1,807 sqft | AED 4.1MAED 4,097,244 · Jan 2022January 2022 | 295,000 /yr | |
| 5009 | 3-bed | 1,731 sqft | AED 3.84MAED 3,838,888 · Sep 2021September 2021 | ||
| 5010 | 2-bed | 1,252 sqft | AED 2.11MAED 2,109,888 · Feb 2017February 2017 | 210,000 /yr |
5002, Downtown Views 2 - Tower 1 in numbers
- Sold once: by Emaar on 29 March 2018 for AED 1,388,888, or AED 1,889 per sqft.
- Rented since May 2024 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2018 price is 8.6%.
- 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 6 May 2024.
Questions about 5002, Downtown Views 2 - Tower 1
What did unit 5002 last sell for?
AED 1,388,888 on 29 March 2018, sold by the developer: AED 1,889 per sqft for 735 sqft. It is the only registered sale of the unit.
What is the rent for unit 5002?
AED 120,000 a year on the contract signed on 6 May 2024.
How big is unit 5002?
735 sqft (68.3 sqm): a one-bedroom apartment on the 50th floor of a 62-storey tower completed in 2022.
What is unit 5002 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 5002, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 1.39M, 29 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,388,888
- Deposit, UAE resident (20%)
- AED 277,778
- Deposit, non-resident (40%)
- AED 555,555
- Monthly over 25 years at 3.7%
- AED 5,682
Plus AED 63,344 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →