505, Downtown Views 2 - Tower 2
Sold prices and rental history: sold once, by the developer in January 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Downtown Views 2 - Tower 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 14 October 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,633 sqft
- Floor
- 5th of 57
- Parking
- 2
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 3.07M · January 2019
- Building
- Downtown Views 2 - Tower 2
About 505, Downtown Views 2 - Tower 2
505 is a three-bedroom apartment of 1,633 sqft on the 5th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 30 January 2019 for AED 3,068,888, or AED 1,879 per sqft, 7% below the AED 2,015 three-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 14 October 2025, is AED 310,000 a year: a gross yield of 10.1% on the 2019 price.
Sales and rents for 505 over time
505 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Downtown Views 2 - Tower 2, and where 505 sits
All 123 3-beds →505 last sold in January 2019 at AED 1,879 per sqft, 7% below what three-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,015). Over the last 12 months three-beds sold for AED 4,800,000, around AED 2,823 per sqft, and rent for AED 210,000 to 315,000 a year. 505's AED 310,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 1,700 sqft | 4,800,000 | 2,823 | ||
| 17 Jul 202517 July 2025 | 1,631 sqft | 4,800,000 | 2,942 | ||
| 27 May 202527 May 2025 | 1,700 sqft | 5,250,000 | 3,088 | ||
| 23 May 202523 May 2025 | 1,710 sqft | 5,500,000 | 3,215 |
Downtown Views 2 - Tower 2
Building489 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%
Other units on the 5th floor
All 489 units in Downtown Views 2 - Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 729 sqft | AED 1.26MAED 1,258,888 · Dec 2018December 2018 | 145,000 /yr | |
| 502 | 1,086 sqft | AED 3.07MAED 3,065,000 · Nov 2025November 2025 | |||
| 503 | 1-bed | 719 sqft | AED 1.26MAED 1,256,888 · Dec 2018December 2018 | 145,000 /yr | |
| 504 | 2-bed | 1,204 sqft | AED 2.8MAED 2,800,000 · Jan 2025January 2025 | 170,000 /yr | |
| 506 | 2-bed | 1,129 sqft | AED 3.45MAED 3,450,000 · Nov 2024November 2024 | ||
| 507 | 2-bed | 1,097 sqft | AED 2.18MAED 2,178,888 · Aug 2017August 2017 | 180,000 /yr | |
| 508 | 3-bed | 1,700 sqft | AED 4.7MAED 4,700,000 · Jan 2025January 2025 | 279,845 /yr | |
| 509 | 2-bed | 1,222 sqft | AED 2.06MAED 2,060,888 · Oct 2020October 2020 | 155,400 /yr |
505, Downtown Views 2 - Tower 2 in numbers
- Sold once: by Emaar on 30 January 2019 for AED 3,068,888, or AED 1,879 per sqft.
- Rented since October 2024 on 2 Ejari contracts, at AED 310,000 a year.
- At AED 310,000 a year the gross yield on the 2019 price is 10.1%.
- Three-beds in Downtown Views 2 - Tower 2 sold for AED 4,800,000–4,800,000 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 14 October 2025.
Questions about 505, Downtown Views 2 - Tower 2
What did unit 505 last sell for?
AED 3,068,888 on 30 January 2019, sold by the developer: AED 1,879 per sqft for 1,633 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 310,000 a year on the contract renewed on 14 October 2025. The previous contract, from October 2024, was AED 310,000.
How big is unit 505?
1,633 sqft (151.7 sqm): a three-bedroom apartment on the 5th floor of a 57-storey tower completed in 2022.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Downtown Views 2 - Tower 2 sold for AED 4,800,000 to 4,800,000 in the last 12 months, around AED 2,823 per sqft.
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Mortgage on 505, Downtown Views 2 - Tower 2
Starts from the last sale price (AED 3.07M, 30 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,068,888
- Deposit, UAE resident (20%)
- AED 613,778
- Deposit, non-resident (40%)
- AED 1,227,555
- Monthly over 25 years at 3.7%
- AED 12,556
Plus AED 133,904 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →