2-bed · 1,238 sqftDowntown Views, Downtown Dubai · 53rd floor · completed 2021

5307, Downtown Views

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

Unit 5307 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 2.31M20 July 2016
Current rentAED 145K /yr4 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5307, Downtown Views

What is 5307 worth today?

Last sold for AED 2,312,888 in 2016

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4 Jul 2024RentedRenewal
AED 144,939/yr10 months · AED 117 per sqft
4 Jul 2022RentedNew contract
AED 145,000/yr24 months · AED 117 per sqft
20 Jul 2016Sold by developerOff-plan
AED 2,312,888AED 1,868 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
2-bed apartment
Size
1,238 sqft
Floor
53rd of 59
Parking
P5-112
Developer
Emaar
Completed
2021
Service charge
AED 25,500 /yr
Last sold
AED 2.31M · July 2016

About 5307, Downtown Views

5307 is a two-bedroom apartment of 1,238 sqft on the 53rd floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 20 July 2016 for AED 2,312,888, or AED 1,868 per sqft, in line with the AED 1,875 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 4 July 2024, is AED 144,939 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 25,500 a year.

Sales and rents for 5307 over time

Sales
Unit 5307, each saleTypical two-bed in Downtown Views
2.5M3M3.5M2015201820212024Typical sale price by year: 2015 AED 2,461,888; 2016 AED 2,475,388; 2017 AED 2,312,888; 2018 AED 2,305,973; 2019 AED 2,386,888; 2020 AED 2,397,888; 2021 AED 2,579,388; 2022 AED 2,775,000; 2023 AED 3,000,000; 2024 AED 3,250,000; 2025 AED 3,325,000Sold by developer, July 2016: AED 2,312,888 (AED 1,868 per sqft)

5307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5307, each contractTypical two-bed in Downtown Views
150K175K200K2021202320252027Typical rent by year: 2021 AED 150,000; 2022 AED 155,000; 2023 AED 172,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 195,000New contract, July 2022: AED 145,000 a yearRenewal, July 2024: AED 144,939 a year

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 5307 sits

All 183 2-beds →

5307 last sold in July 2016 at AED 1,868 per sqft, in line with what two-beds in Downtown Views were fetching at the time (AED 1,875). 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. 5307's AED 144,939 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 20263,700,000
9 Jan 20263,400,000
31 Jul 20254,800,000
7 Jul 20252,875,000
2 2-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 53rd floor

All 429 units in Downtown Views
Value
53012-bedAED 2.51M · Jul 2016
53022-bedAED 3.8M · Feb 2025
53033-bedAED 5.35M · Sep 2024
53043-bedAED 4.22M · Jul 2016
53053-bedAED 4.18M · Jul 2016
53063-bedAED 3.77M · Jul 2016
53082-bedAED 3.4M · Sep 2023

5307, Downtown Views in numbers

  • Sold once: by Emaar on 20 July 2016 for AED 2,312,888, or AED 1,868 per sqft.
  • Rented since July 2022 on 2 Ejari contracts, from AED 145,000 to AED 144,939 a year.
  • At AED 144,939 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 25,500 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 4 July 2024.

Questions about 5307, Downtown Views

What did unit 5307 last sell for?

AED 2,312,888 on 20 July 2016, sold by the developer: AED 1,868 per sqft for 1,238 sqft. It is the only registered sale of the unit.

What is the rent for unit 5307?

AED 144,939 a year on the contract renewed on 4 July 2024. The previous contract, from July 2022, was AED 145,000.

How big is unit 5307?

1,238 sqft (115.0 sqm): a two-bedroom apartment on the 53rd floor of a 59-storey tower completed in 2021.

What is unit 5307 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 5307, Downtown Views

Starts from the last sale price (AED 2.31M, 20 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,312,888
Deposit, UAE resident (20%)
AED 462,578
Deposit, non-resident (40%)
AED 925,155
Monthly over 25 years at 3.7%
AED 9,463

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