505, 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.
Property timeline for 505, Downtown Views
What is 505 worth today?
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Source: Dubai Land Department. Updated 18 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,189 sqft
- Parking
- P5-134
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 24,500 /yr
- Last sold
- AED 2.05M · July 2016
- Building
- Downtown Views
About 505, Downtown Views
505 is a two-bedroom apartment of 1,189 sqft of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 25 July 2016 for AED 2,047,888, or AED 1,722 per sqft, 8% below the AED 1,868 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 18 June 2025, is AED 170,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 24,500 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Downtown Views, and where 505 sits
All 183 2-beds →505 last sold in July 2016 at AED 1,722 per sqft, 8% below what two-beds in Downtown Views were fetching at the time (AED 1,868). Over the last 12 months two-beds sold for AED 3,400,000 to 3,700,000, around AED 2,633 per sqft, and rent for AED 150,000 to 285,000 a year. 505's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 1,383 sqft | 3,700,000 | 2,675 | ||
| 9 Jan 20269 January 2026 | 1,313 sqft | 3,400,000 | 2,590 | ||
| 31 Jul 202531 July 2025 | 1,218 sqft | 4,800,000 | 3,942 | ||
| 7 Jul 20257 July 2025 | 1,218 sqft | 2,875,000 | 2,361 |
Downtown Views
Building429 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%
505, Downtown Views in numbers
- Sold once: by Emaar on 25 July 2016 for AED 2,047,888, or AED 1,722 per sqft.
- Rented since January 2022 on 4 Ejari contracts, from AED 210,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 24,500 a year (AED 20.64 per sqft).
- Two-beds in Downtown Views sold for AED 3,400,000–3,700,000 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 18 June 2025.
Questions about 505, Downtown Views
What did unit 505 last sell for?
AED 2,047,888 on 25 July 2016, sold by the developer: AED 1,722 per sqft for 1,189 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 170,000 a year on the contract signed on 18 June 2025. The previous contract, from February 2024, was AED 185,000; the unit has been rented since January 2022.
How big is unit 505?
1,189 sqft (110.5 sqm): a two-bedroom apartment of a 59-storey tower completed in 2021.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Downtown Views sold for AED 3,400,000 to 3,700,000 in the last 12 months, around AED 2,633 per sqft.
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Mortgage on 505, Downtown Views
Starts from the last sale price (AED 2.05M, 25 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,047,888
- Deposit, UAE resident (20%)
- AED 409,578
- Deposit, non-resident (40%)
- AED 819,155
- Monthly over 25 years at 3.7%
- AED 8,379
Plus AED 91,022 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →