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1-bed · 862 sqftDowntown Views, Downtown Dubai · 12th floor · completed 2021

1201, Downtown Views

Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 7 September 2022
Last soldAED 1.49M17 June 2015
Current rentAED 90K /yr7 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Downtown Views

What is 1201 worth today?

Last sold for AED 1,485,888 in 2015

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7 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 104 per sqft
7 Sep 2021RentedNew contract
AED 82,500/yr12 months · AED 96 per sqft
17 Jun 2015Sold by developerOff-plan
AED 1,485,888AED 1,723 per sqft

Source: Dubai Land Department. Updated 7 September 2022.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
12th of 59
Parking
P7-77
Developer
Emaar
Completed
2021
Service charge
AED 17,800 /yr
Last sold
AED 1.49M · June 2015
Building
Downtown Views

About 1201, Downtown Views

1201 is a one-bedroom apartment of 862 sqft on the 12th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 17 June 2015 for AED 1,485,888, or AED 1,723 per sqft, 5% below the AED 1,809 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 7 September 2022, is AED 90,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 17,800 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical one-bed in Downtown Views
1.5M2M2.5M20152018202120242027Typical sale price by year: 2015 AED 1,561,888; 2016 AED 1,540,888; 2017 AED 1,566,888; 2018 AED 1,300,000; 2019 AED 1,550,888; 2020 AED 1,368,444; 2021 AED 1,550,000; 2022 AED 1,650,000; 2023 AED 1,940,000; 2024 AED 2,215,000; 2025 AED 2,325,000; 2026 AED 2,300,000Sold by developer, June 2015: AED 1,485,888 (AED 1,723 per sqft)

1201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, each contractTypical one-bed in Downtown Views
75K100K125K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 95,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 126,500; 2026 AED 132,500New contract, September 2021: AED 82,500 a yearNew contract, September 2022: AED 90,000 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, and where 1201 sits

All 159 1-beds →

1201 last sold in June 2015 at AED 1,723 per sqft, 5% below what one-beds in Downtown Views were fetching at the time (AED 1,809). Over the last 12 months one-beds sold for AED 2,300,000 to 2,370,000, around AED 2,668 per sqft, and rent for AED 104,816 to 155,000 a year. 1201's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20262,370,000
29 Jan 20262,300,000
21 Jan 20262,300,000
24 Dec 20252,325,000
5 1-bed sales in the last 12 months

Downtown Views

Building

429 apartments, 1-bed to 4-bed over 59 floors in Downtown Dubai, completed in 2021 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 2,684 Up 0.1%
Typical sale
AED 3.4M
Typical rent
AED 180K /yr
Typical yield
5.7%
Downtown Views, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 429 units in Downtown Views
Value
12021-bedAED 2.3M · Jan 2026
12032-bedAED 2.45M · Jun 2022
12042-bedAED 3.05M · Dec 2022
12053-bedAED 5.6M · Jan 2025
12063-bedAED 3.65M · Sep 2015
12072-bedAED 2.53M · Jun 2015
12082-bedAED 2.65M · Jul 2023
1–7 of 9

1201, Downtown Views in numbers

  • Sold once: by Emaar on 17 June 2015 for AED 1,485,888, or AED 1,723 per sqft.
  • Rented since September 2021 on 2 Ejari contracts, from AED 82,500 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 17,800 a year (AED 20.64 per sqft).
  • One-beds in Downtown Views sold for AED 2,300,000–2,370,000 in the 12 months to November 2026; the building's median across all types is AED 2,684 per sqft.

Source: Dubai Land Department. Updated 7 September 2022.

Questions about 1201, Downtown Views

What did unit 1201 last sell for?

AED 1,485,888 on 17 June 2015, sold by the developer: AED 1,723 per sqft for 862 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 90,000 a year on the contract signed on 7 September 2022. The previous contract, from September 2021, was AED 82,500.

How big is unit 1201?

862 sqft (80.1 sqm): a one-bedroom apartment on the 12th floor of a 59-storey tower completed in 2021.

What is unit 1201 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 sold for AED 2,300,000 to 2,370,000 in the last 12 months, around AED 2,668 per sqft.

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Mortgage on 1201, Downtown Views

Starts from the last sale price (AED 1.49M, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,485,888
Deposit, UAE resident (20%)
AED 297,178
Deposit, non-resident (40%)
AED 594,355
Monthly over 25 years at 3.7%
AED 6,079

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →