1-bed · 757 sqftDowntown Views 2 - Tower 2, Downtown Dubai · completed 2022

P201, Downtown Views 2 - Tower 2

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P201 · DLD and Ejari recordsUpdated 7 April 2024
Last soldAED 1.53M13 February 2020
Current rentAED 125K /yr7 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P201, Downtown Views 2 - Tower 2

What is P201 worth today?

Last sold for AED 1,530,888 in 2020

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7 Apr 2024RentedNew contract
AED 125,000/yr12 months · AED 166 per sqft
13 Feb 2020Sold by developerOff-plan
AED 1,530,888AED 2,021 per sqft

Source: Dubai Land Department. Updated 7 April 2024.

Key facts

Type
1-bed apartment
Size
757 sqft
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.53M · February 2020

About P201, Downtown Views 2 - Tower 2

P201 is a one-bedroom apartment of 757 sqft of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 13 February 2020 for AED 1,530,888, or AED 2,021 per sqft, 10% above the AED 1,838 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 April 2024. The current contract, signed on 7 April 2024, is AED 125,000 a year: a gross yield of 8.2% on the 2020 price.

Sales and rents for P201 over time

Sales
Unit P201, each saleTypical one-bed in Downtown Views 2 - Tower 2
1M2M2017202020232026Typical sale price by year: 2017 AED 1,326,388; 2018 AED 1,320,888; 2019 AED 1,327,888; 2020 AED 1,020,000; 2021 AED 1,451,388; 2022 AED 1,366,888; 2023 AED 1,707,500; 2024 AED 1,912,500; 2025 AED 2,150,000Sold by developer, February 2020: AED 1,530,888 (AED 2,021 per sqft)

P201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit P201, each contractTypical one-bed in Downtown Views 2 - Tower 2
110K120K20232024202520262027Typical rent by year: 2023 AED 110,000; 2024 AED 120,000; 2025 AED 123,500; 2026 AED 125,000New contract, April 2024: AED 125,000 a year

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 2, and where P201 sits

All 125 1-beds →

P201 last sold in February 2020 at AED 2,021 per sqft, 10% above what one-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,838). Over the last 12 months one-beds sold for AED 2,200,000, around AED 3,018 per sqft, and rent for AED 100,000 to 145,000 a year. P201's AED 125,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20262,200,000
8 Jan 202695,355
23 Jul 20252,100,000
14 Jul 202538,072
2 1-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 →

P201, Downtown Views 2 - Tower 2 in numbers

  • Sold once: by Emaar on 13 February 2020 for AED 1,530,888, or AED 2,021 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 8.2%.
  • One-beds in Downtown Views 2 - Tower 2 sold for AED 2,200,000–2,200,000 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 7 April 2024.

Questions about P201, Downtown Views 2 - Tower 2

What did unit P201 last sell for?

AED 1,530,888 on 13 February 2020, sold by the developer: AED 2,021 per sqft for 757 sqft. It is the only registered sale of the unit.

What is the rent for unit P201?

AED 125,000 a year on the contract signed on 7 April 2024.

How big is unit P201?

757 sqft (70.3 sqm): a one-bedroom apartment of a 57-storey tower completed in 2022.

What is unit P201 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 2 sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 3,018 per sqft.

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Mortgage on P201, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 1.53M, 13 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,888
Deposit, UAE resident (20%)
AED 306,178
Deposit, non-resident (40%)
AED 612,355
Monthly over 25 years at 3.7%
AED 6,263

Plus AED 69,308 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →