1-bed · 878 sqftDowntown Views, Downtown Dubai · 16th floor · completed 2021

1602, Downtown Views

Sold prices and rental history: sold once, by the developer in July 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.58M26 July 2015
Current rentAED 110K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Downtown Views

What is 1602 worth today?

Last sold for AED 1,575,888 in 2015

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1 Feb 2025RentedRenewal
AED 110,000/yr12 months · AED 125 per sqft
1 Feb 2024RentedRenewal
AED 110,000/yr12 months · AED 125 per sqft
1 Feb 2022RentedNew contract
AED 100,000/yr12 months · AED 113 per sqft
26 Jul 2015Sold by developerOff-plan
AED 1,575,888AED 1,794 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
16th of 59
Parking
P7-180
Developer
Emaar
Completed
2021
Service charge
AED 18,100 /yr
Last sold
AED 1.58M · July 2015

About 1602, Downtown Views

1602 is a one-bedroom apartment of 878 sqft on the 16th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 26 July 2015 for AED 1,575,888, or AED 1,794 per sqft, in line with the AED 1,796 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 110,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, July 2015: AED 1,575,888 (AED 1,794 per sqft)

1602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Downtown Views
100K125K2021202320252027Typical 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, February 2022: AED 100,000 a yearRenewal, February 2024: AED 110,000 a yearRenewal, February 2025: AED 110,000 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 1602 sits

All 159 1-beds →

1602 last sold in July 2015 at AED 1,794 per sqft, in line with what one-beds in Downtown Views were fetching at the time (AED 1,796). 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. 1602's AED 110,000 is in the lower half 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 16th floor

All 429 units in Downtown Views
Value
16011-bedAED 2.15M · Oct 2023
1603AED 3.3M · Oct 2025
16042-bedAED 2.57M · Jul 2015
16053-bedAED 5.9M · Jan 2026
16063-bedAED 3.75M · Jun 2021
16072-bedAED 2.57M · Jul 2015
16082-bedAED 2.95M · Oct 2023
1–7 of 9

1602, Downtown Views in numbers

  • Sold once: by Emaar on 26 July 2015 for AED 1,575,888, or AED 1,794 per sqft.
  • Rented since February 2022 on 3 Ejari contracts, from AED 100,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 18,100 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 1 February 2025.

Questions about 1602, Downtown Views

What did unit 1602 last sell for?

AED 1,575,888 on 26 July 2015, sold by the developer: AED 1,794 per sqft for 878 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 110,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 110,000; the unit has been rented since February 2022.

How big is unit 1602?

878 sqft (81.6 sqm): a one-bedroom apartment on the 16th floor of a 59-storey tower completed in 2021.

What is unit 1602 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 1602, Downtown Views

Starts from the last sale price (AED 1.58M, 26 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,888
Deposit, UAE resident (20%)
AED 315,178
Deposit, non-resident (40%)
AED 630,355
Monthly over 25 years at 3.7%
AED 6,447

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