2-bed · 1,129 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 15th floor · completed 2022

1506, Downtown Views 2 - Tower 2

Sold prices and rental history: sold twice, last in March 2023, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 2.7M21 March 2023
Current rentAED 178K /yr21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Downtown Views 2 - Tower 2

What is 1506 worth today?

Last sold for AED 2,700,000 in 2023

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21 Mar 2024RentedNew contract
AED 178,085/yr24 months · AED 159 per sqft
21 Mar 2023SoldReady
AED 2,700,000AED 2,390 per sqft
14 May 2018Sold by developerOff-plan
AED 2,339,888AED 2,071 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
15th of 57
Parking
P3-172
Developer
Emaar
Completed
2022
Last sold
AED 2.7M · March 2023

About 1506, Downtown Views 2 - Tower 2

1506 is a two-bedroom apartment of 1,129 sqft on the 15th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 21 March 2023 for AED 2,700,000, or AED 2,390 per sqft, 21% above the AED 1,980 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 March 2024. The current contract, signed on 21 March 2024, is AED 178,085 a year: a gross yield of 6.6% on the 2023 price.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical two-bed in Downtown Views 2 - Tower 2
2M3M2017202020232026Typical sale price by year: 2017 AED 1,987,888; 2018 AED 2,194,888; 2019 AED 2,072,388; 2020 AED 2,096,888; 2021 AED 2,213,888; 2022 AED 2,190,888; 2023 AED 2,650,000; 2024 AED 2,950,000; 2025 AED 3,250,000Sold by developer, May 2018: AED 2,339,888 (AED 2,071 per sqft)Sold, March 2023: AED 2,700,000 (AED 2,390 per sqft)

1506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in Downtown Views 2 - Tower 2
170K180K2024202520262027Typical rent by year: 2024 AED 168,000; 2025 AED 180,000; 2026 AED 185,045New contract, March 2024: AED 178,085 a year

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 2, and where 1506 sits

All 232 2-beds →

1506 last sold in March 2023 at AED 2,390 per sqft, 21% above what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,980). Over the last 12 months two-beds sold for AED 2,600,000 to 3,650,000, around AED 2,695 per sqft, and rent for AED 137,500 to 300,000 a year. 1506's AED 178,085 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20263,650,000
6 Jan 20262,600,000
30 Jul 20253,600,000
25 Jul 20253,650,000
2 2-bed sales in the last 12 months

Downtown Views 2 - Tower 2

Building

489 apartments, 1-bed to 4-bed over 57 floors in Downtown Dubai, completed in 2022 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,921
Typical sale
AED 3.13M
Typical rent
AED 167K /yr
Typical yield
5.7%
Downtown Views 2 - Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 489 units in Downtown Views 2 - Tower 2
Value
15011-bedAED 1.98M · Dec 2024
15022-bedAED 2.8M · Dec 2024
15031-bedAED 1.45M · Mar 2022
15042-bedAED 1.92M · Jul 2019
15053-bedAED 4.8M · Jul 2025
15072-bedAED 2.26M · Feb 2019
15083-bedAED 3.1M · Jun 2018
1–7 of 8

1506, Downtown Views 2 - Tower 2 in numbers

  • Sold twice: first on 14 May 2018 for AED 2,339,888, last on 21 March 2023 for AED 2,700,000 (AED 2,390 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 178,085 a year.
  • At AED 178,085 a year the gross yield on the 2023 price is 6.6%.
  • Two-beds in Downtown Views 2 - Tower 2 sold for AED 2,600,000–3,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,921 per sqft.

Source: Dubai Land Department. Updated 21 March 2024.

Questions about 1506, Downtown Views 2 - Tower 2

What did unit 1506 last sell for?

AED 2,700,000 on 21 March 2023: AED 2,390 per sqft for 1,129 sqft. The unit has 2 registered sales; the first was AED 2,339,888 in May 2018.

What is the rent for unit 1506?

AED 178,085 a year on the contract signed on 21 March 2024.

How big is unit 1506?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 15th floor of a 57-storey tower completed in 2022.

What is unit 1506 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 2 sold for AED 2,600,000 to 3,650,000 in the last 12 months, around AED 2,695 per sqft.

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Mortgage on 1506, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 2.7M, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →