5508, Downtown Views 2 - Tower 2
Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5508, Downtown Views 2 - Tower 2
What is 5508 worth today?
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Source: Dubai Land Department. Updated 5 February 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 855 sqft
- Floor
- 55th of 57
- Parking
- P2-201,P2-202
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 4.14M · February 2020
- Building
- Downtown Views 2 - Tower 2
About 5508, Downtown Views 2 - Tower 2
5508 is a three-bedroom apartment of 855 sqft on the 55th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 5 February 2020 for AED 4,142,888, or AED 2,392 per sqft, 18% above the AED 2,035 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5508 over time
5508 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 5508 sits
All 123 3-beds →5508 last sold in February 2020 at AED 2,392 per sqft, 18% above what three-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,035). 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.
| 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 55th floor
All 489 units in Downtown Views 2 - Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 1-bed | 742 sqft | AED 1.51MAED 1,508,888 · Sep 2021September 2021 | 125,000 /yr | |
| 5502 | 2-bed | 1,082 sqft | AED 2.38MAED 2,375,000 · Aug 2022August 2022 | ||
| 5503 | 1-bed | 732 sqft | AED 1.49MAED 1,493,888 · Oct 2019October 2019 | ||
| 5504 | 1-bed | 774 sqft | AED 2.05MAED 2,050,000 · Mar 2024March 2024 | ||
| 5505 | 3-bed | 1,735 sqft | AED 6.05MAED 6,050,000 · May 2024May 2024 | ||
| 5506 | 3-bed | 1,817 sqft | AED 5MAED 5,000,000 · May 2024May 2024 | 305,000 /yr | |
| 5507 | 2-bed | 1,091 sqft | AED 3.4MAED 3,400,000 · Mar 2024March 2024 | 200,000 /yr | |
| 5509 | 2-bed | 1,222 sqft | AED 2MAED 2,000,000 · Apr 2022April 2022 |
5508, Downtown Views 2 - Tower 2 in numbers
- Sold once: by Emaar on 5 February 2020 for AED 4,142,888, or AED 2,392 per sqft.
- 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 5 February 2020.
Questions about 5508, Downtown Views 2 - Tower 2
What did unit 5508 last sell for?
AED 4,142,888 on 5 February 2020, sold by the developer: AED 2,392 per sqft for 855 sqft. It is the only registered sale of the unit.
How big is unit 5508?
855 sqft (79.4 sqm): a three-bedroom apartment on the 55th floor of a 57-storey tower completed in 2022.
What is unit 5508 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 5508, Downtown Views 2 - Tower 2
Starts from the last sale price (AED 4.14M, 5 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 4,142,888
- Deposit, UAE resident (20%)
- AED 828,578
- Deposit, non-resident (40%)
- AED 1,657,155
- Monthly over 25 years at 3.7%
- AED 16,950
Plus AED 179,012 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →