3-bed · 1,566 sqftDowntown Views, Downtown Dubai · 55th floor · completed 2021

5503, Downtown Views

Sold prices and rental history: sold once, by the developer in October 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5503 · DLD and Ejari recordsUpdated 1 October 2020
Last soldAED 3.99M1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5503, Downtown Views

What is 5503 worth today?

Last sold for AED 3,993,888 in 2020

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1 Oct 2020Sold by developerOff-plan
AED 3,993,888AED 2,550 per sqft

Source: Dubai Land Department. Updated 1 October 2020.

Key facts

Type
3-bed apartment
Size
1,566 sqft
Floor
55th of 59
Parking
P3-45, P3-46
Developer
Emaar
Completed
2021
Service charge
AED 32,300 /yr
Last sold
AED 3.99M · October 2020

About 5503, Downtown Views

5503 is a three-bedroom apartment of 1,566 sqft on the 55th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 1 October 2020 for AED 3,993,888, or AED 2,550 per sqft, 14% above the AED 2,236 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5503 over time

Sales
Unit 5503, each saleTypical three-bed in Downtown Views
4M6M20152018202120242027Typical sale price by year: 2015 AED 3,821,388; 2016 AED 3,994,888; 2019 AED 3,679,888; 2020 AED 3,954,888; 2021 AED 3,800,000; 2022 AED 4,225,000; 2023 AED 4,725,000; 2024 AED 5,700,000; 2025 AED 5,600,000; 2026 AED 5,895,000Sold by developer, October 2020: AED 3,993,888 (AED 2,550 per sqft)

5503 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5503, each contractTypical three-bed in Downtown Views
200K250K300K2021202320252027Typical rent by year: 2021 AED 215,000; 2022 AED 240,000; 2023 AED 253,176; 2024 AED 265,243; 2025 AED 280,000; 2026 AED 307,500

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Downtown Views, and where 5503 sits

All 116 3-beds →

5503 last sold in October 2020 at AED 2,550 per sqft, 14% above what three-beds in Downtown Views were fetching at the time (AED 2,236). Over the last 12 months three-beds sold for AED 5,700,000 to 6,275,000, around AED 3,520 per sqft, and rent for AED 270,000 to 360,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Feb 20266,275,000
30 Jan 20265,895,000
21 Jan 20265,700,000
16 Jul 20255,800,000
4 3-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 55th floor

All 429 units in Downtown Views
Value
55012-bedAED 3.15M · Dec 2022
55022-bedAED 3.39M · Sep 2024
55043-bedAED 4.24M · Jul 2016
55053-bedAED 5.9M · May 2024
55063-bedAED 3.79M · Jul 2016
55072-bedAED 2.8M · Nov 2022
55082-bedAED 3.3M · May 2023

5503, Downtown Views in numbers

  • Sold once: by Emaar on 1 October 2020 for AED 3,993,888, or AED 2,550 per sqft.
  • Three-beds in Downtown Views sold for AED 5,700,000–6,275,000 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 October 2020.

Questions about 5503, Downtown Views

What did unit 5503 last sell for?

AED 3,993,888 on 1 October 2020, sold by the developer: AED 2,550 per sqft for 1,566 sqft. It is the only registered sale of the unit.

How big is unit 5503?

1,566 sqft (145.5 sqm): a three-bedroom apartment on the 55th floor of a 59-storey tower completed in 2021.

What is unit 5503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Downtown Views sold for AED 5,700,000 to 6,275,000 in the last 12 months, around AED 3,520 per sqft.

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Mortgage on 5503, Downtown Views

Starts from the last sale price (AED 3.99M, 1 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,993,888
Deposit, UAE resident (20%)
AED 798,778
Deposit, non-resident (40%)
AED 1,597,555
Monthly over 25 years at 3.7%
AED 16,340

Plus AED 172,754 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →