5602, Downtown Views 2 - Tower 1
Sold prices and rental history: sold twice, last in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5602, Downtown Views 2 - Tower 1
What is 5602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 738 sqft
- Floor
- 56th of 62
- Parking
- G-171
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.73M · March 2023
- Building
- Downtown Views 2 - Tower 1
About 5602, Downtown Views 2 - Tower 1
5602 is a one-bedroom apartment of 738 sqft on the 56th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 27 March 2023 for AED 1,730,000, or AED 2,342 per sqft, 12% above the AED 2,088 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 120,000 a year: a gross yield of 6.9% on the 2023 price.
Sales and rents for 5602 over time
5602 has sold twice; 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 5602 sits
All 154 1-beds →5602 last sold in March 2023 at AED 2,342 per sqft, 12% above what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,088). 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. 5602'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 56th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5601 | 2-bed | 1,159 sqft | AED 2.28MAED 2,284,888 · Oct 2019October 2019 | 205,000 /yr | |
| 5603 | 1-bed | 738 sqft | AED 1.59MAED 1,590,888 · Mar 2023March 2023 | ||
| 5604 | 2-bed | 1,158 sqft | AED 2.28MAED 2,282,888 · Dec 2019December 2019 | 185,000 /yr | |
| 5605 | 4-bed | 2,609 sqft | AED 7.6MAED 7,600,000 · Jun 2024June 2024 | ||
| 5606 | 3-bed | 1,780 sqft | AED 5.8MAED 5,800,000 · Feb 2025February 2025 | 310,000 /yr | |
| 5607 | 3-bed | 1,805 sqft | AED 5.25MAED 5,250,000 · Sep 2023September 2023 | 285,000 /yr | |
| 5608 | 4-bed | 2,707 sqft | AED 7.3MAED 7,300,000 · Apr 2023April 2023 |
5602, Downtown Views 2 - Tower 1 in numbers
- Sold twice: first on 25 November 2019 for AED 1,586,888, last on 27 March 2023 for AED 1,730,000 (AED 2,342 per sqft).
- Rented since May 2025 on 2 Ejari contracts, from AED 140,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 6.9%.
- 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 10 May 2025.
Questions about 5602, Downtown Views 2 - Tower 1
What did unit 5602 last sell for?
AED 1,730,000 on 27 March 2023: AED 2,342 per sqft for 738 sqft. The unit has 2 registered sales; the first was AED 1,586,888 in November 2019.
What is the rent for unit 5602?
AED 120,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2025, was AED 140,000.
How big is unit 5602?
738 sqft (68.6 sqm): a one-bedroom apartment on the 56th floor of a 62-storey tower completed in 2022.
What is unit 5602 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 5602, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 1.73M, 27 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,730,000
- Deposit, UAE resident (20%)
- AED 346,000
- Deposit, non-resident (40%)
- AED 692,000
- Monthly over 25 years at 3.7%
- AED 7,078
Plus AED 77,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →