1-bed · 917 sqftDowntown Views, Downtown Dubai · completed 2021

504, Downtown Views

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 1.73M21 July 2016
Current rentAED 160K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Downtown Views

What is 504 worth today?

Last sold for AED 1,732,888 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Dec 2023RentedRenewal
AED 160,000/yr12 months · AED 175 per sqft
15 Dec 2023RentedRenewal
AED 160,000/yr12 months · AED 175 per sqft
15 Dec 2023RentedRenewal
AED 160,000/yr12 months · AED 175 per sqft
15 Dec 2022RentedNew contract
AED 160,000/yr12 months · AED 175 per sqft
21 Jul 2016Sold by developerOff-plan
AED 1,732,888AED 1,889 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
1-bed apartment
Size
917 sqft
Parking
P5-145
Developer
Emaar
Completed
2021
Service charge
AED 18,900 /yr
Last sold
AED 1.73M · July 2016

About 504, Downtown Views

504 is a one-bedroom apartment of 917 sqft of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 21 July 2016 for AED 1,732,888, or AED 1,889 per sqft, 5% above the AED 1,797 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 160,000 a year: a gross yield of 9.2% on the 2016 price, before the service charge of about AED 18,900 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 2016: AED 1,732,888 (AED 1,889 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Downtown Views
100K150K2021202320252027Typical 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, December 2022: AED 160,000 a yearRenewal, December 2023: AED 160,000 a yearRenewal, December 2023: AED 160,000 a yearRenewal, December 2023: AED 160,000 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 504 sits

All 159 1-beds →

504 last sold in July 2016 at AED 1,889 per sqft, 5% above what one-beds in Downtown Views were fetching at the time (AED 1,797). 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. 504's AED 160,000 is at the top 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 →

504, Downtown Views in numbers

  • Sold once: by Emaar on 21 July 2016 for AED 1,732,888, or AED 1,889 per sqft.
  • Rented since December 2022 on 4 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2016 price is 9.2%, before a service charge of about AED 18,900 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 15 December 2023.

Questions about 504, Downtown Views

What did unit 504 last sell for?

AED 1,732,888 on 21 July 2016, sold by the developer: AED 1,889 per sqft for 917 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 160,000 a year on the contract renewed on 15 December 2023. The previous contract, from December 2023, was AED 160,000; the unit has been rented since December 2022.

How big is unit 504?

917 sqft (85.2 sqm): a one-bedroom apartment of a 59-storey tower completed in 2021.

What is unit 504 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.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, Downtown Views

Starts from the last sale price (AED 1.73M, 21 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,732,888
Deposit, UAE resident (20%)
AED 346,578
Deposit, non-resident (40%)
AED 693,155
Monthly over 25 years at 3.7%
AED 7,090

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