501, Downtown Views 2 - Tower 1
Sold prices and rental history: sold twice, last in April 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Downtown Views 2 - Tower 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 25 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,168 sqft
- Floor
- 5th of 62
- Parking
- G-201
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.3M · April 2023
- Building
- Downtown Views 2 - Tower 1
About 501, Downtown Views 2 - Tower 1
501 is a two-bedroom apartment of 1,168 sqft on the 5th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 4 April 2023 for AED 2,300,000, or AED 1,968 per sqft, in line with the AED 2,023 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 25 May 2025, is AED 165,000 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 501 over time
501 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 2 - Tower 1, and where 501 sits
All 247 2-beds →501 last sold in April 2023 at AED 1,968 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,023). 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. 501's AED 165,000 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 173K /yr
- Typical yield
- 5.6%
Other units on the 5th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 186 sqft | AED 1.28MAED 1,277,888 · Mar 2017March 2017 | 115,000 /yr | |
| 503 | 1-bed | 744 sqft | AED 1.28MAED 1,277,888 · Mar 2017March 2017 | 145,000 /yr | |
| 504 | 2-bed | 1,168 sqft | AED 1.85MAED 1,853,888 · Jul 2017July 2017 | 149,100 /yr | |
| 505 | 3-bed | 1,916 sqft | AED 2.7MAED 2,695,399 · Mar 2022March 2022 | ||
| 506 | 2-bed | 1,155 sqft | AED 2.25MAED 2,247,888 · Feb 2017February 2017 | 190,000 /yr | |
| 507 | 2-bed | 547 sqft | AED 2.16MAED 2,160,888 · Feb 2017February 2017 | 143,152 /yr | |
| 508 | 2-bed | 1,109 sqft | AED 3.3MAED 3,300,000 · Jan 2026January 2026 | 180,000 /yr | |
| 509 | 2-bed | 1,202 sqft | AED 2.21MAED 2,209,888 · Mar 2017March 2017 | ||
| 510 | 3-bed | 1,828 sqft | AED 4.9MAED 4,900,000 · Jul 2025July 2025 | 220,000 /yr |
501, Downtown Views 2 - Tower 1 in numbers
- Sold twice: first on 24 August 2017 for AED 1,891,888, last on 4 April 2023 for AED 2,300,000 (AED 1,968 per sqft).
- Rented since May 2024 on 2 Ejari contracts, from AED 160,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2023 price is 7.2%.
- 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: Dubai Land Department. Updated 25 May 2025.
Questions about 501, Downtown Views 2 - Tower 1
What did unit 501 last sell for?
AED 2,300,000 on 4 April 2023: AED 1,968 per sqft for 1,168 sqft. The unit has 2 registered sales; the first was AED 1,891,888 in August 2017.
What is the rent for unit 501?
AED 165,000 a year on the contract signed on 25 May 2025. The previous contract, from May 2024, was AED 160,000.
How big is unit 501?
1,168 sqft (108.5 sqm): a two-bedroom apartment on the 5th floor of a 62-storey tower completed in 2022.
What is unit 501 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 501, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 2.3M, 4 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →