508, Downtown Views 2 - Tower 2
Sold prices and rental history: sold 3 times, last in January 2025, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Downtown Views 2 - Tower 2
What is 508 worth today?
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Source: Dubai Land Department. Updated 4 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,700 sqft
- Floor
- 5th of 57
- Parking
- P1-229,P1-230
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 4.7M · January 2025
- Building
- Downtown Views 2 - Tower 2
About 508, Downtown Views 2 - Tower 2
508 is a three-bedroom apartment of 1,700 sqft on the 5th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 27 January 2025 for AED 4,700,000, or AED 2,764 per sqft, in line with the AED 2,821 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 4 April 2025. The current contract, signed on 4 April 2025, is AED 279,845 a year: a gross yield of 5.9% on the 2025 price.
Sales and rents for 508 over time
508 has sold 3 times; 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 508 sits
All 123 3-beds →508 last sold in January 2025 at AED 2,764 per sqft, in line with what three-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,821). 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. 508's AED 279,845 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 | |
| 505 | 3-bed | 1,633 sqft | AED 3.07MAED 3,068,888 · Jan 2019January 2019 | 310,000 /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 | |
| 509 | 2-bed | 1,222 sqft | AED 2.06MAED 2,060,888 · Oct 2020October 2020 | 155,400 /yr |
508, Downtown Views 2 - Tower 2 in numbers
- Sold 3 times: first on 28 January 2019 for AED 3,219,888, last on 27 January 2025 for AED 4,700,000 (AED 2,764 per sqft).
- Rented since April 2025 on one Ejari contract, at AED 279,845 a year.
- At AED 279,845 a year the gross yield on the 2025 price is 5.9%.
- 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 4 April 2025.
Questions about 508, Downtown Views 2 - Tower 2
What did unit 508 last sell for?
AED 4,700,000 on 27 January 2025: AED 2,764 per sqft for 1,700 sqft. The unit has 3 registered sales; the first was AED 3,219,888 in January 2019.
What is the rent for unit 508?
AED 279,845 a year on the contract signed on 4 April 2025.
How big is unit 508?
1,700 sqft (157.9 sqm): a three-bedroom apartment on the 5th floor of a 57-storey tower completed in 2022.
What is unit 508 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 508, Downtown Views 2 - Tower 2
Starts from the last sale price (AED 4.7M, 27 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,700,000
- Deposit, UAE resident (20%)
- AED 940,000
- Deposit, non-resident (40%)
- AED 1,880,000
- Monthly over 25 years at 3.7%
- AED 19,229
Plus AED 202,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →