5506, 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 5506, Downtown Views
What is 5506 worth today?
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Source: Dubai Land Department. Updated 3 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,566 sqft
- Floor
- 55th of 59
- Parking
- P7-87, P7-88
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 32,300 /yr
- Last sold
- AED 3.79M · July 2016
- Building
- Downtown Views
About 5506, Downtown Views
5506 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 24 July 2016 for AED 3,794,888, or AED 2,423 per sqft, 7% above the AED 2,272 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 270,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 32,300 a year.
Sales and rents for 5506 over time
5506 has sold once; the dashed line is the three-bed median of each year in the building.
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 5506 sits
All 116 3-beds →5506 last sold in July 2016 at AED 2,423 per sqft, 7% above what three-beds in Downtown Views were fetching at the time (AED 2,272). 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. 5506's AED 270,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 1,775 sqft | 6,275,000 | 3,534 | ||
| 30 Jan 202630 January 2026 | 1,763 sqft | 5,895,000 | 3,343 | ||
| 21 Jan 202621 January 2026 | 1,566 sqft | 5,700,000 | 3,639 | ||
| 16 Jul 202516 July 2025 | 1,566 sqft | 5,800,000 | 3,703 |
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%
Other units on the 55th floor
All 429 units in Downtown Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 2-bed | 1,419 sqft | AED 3.15MAED 3,150,000 · Dec 2022December 2022 | 180,000 /yr | |
| 5502 | 2-bed | 1,383 sqft | AED 3.39MAED 3,390,000 · Sep 2024September 2024 | 180,000 /yr | |
| 5503 | 3-bed | 1,566 sqft | AED 3.99MAED 3,993,888 · Oct 2020October 2020 | ||
| 5504 | 3-bed | 1,812 sqft | AED 4.24MAED 4,243,888 · Jul 2016July 2016 | 330,000 /yr | |
| 5505 | 3-bed | 1,798 sqft | AED 5.9MAED 5,900,000 · May 2024May 2024 | ||
| 5507 | 2-bed | 1,238 sqft | AED 2.8MAED 2,800,000 · Nov 2022November 2022 | 150,000 /yr | |
| 5508 | 2-bed | 1,419 sqft | AED 3.3MAED 3,300,000 · May 2023May 2023 |
5506, Downtown Views in numbers
- Sold once: by Emaar on 24 July 2016 for AED 3,794,888, or AED 2,423 per sqft.
- Rented since April 2022 on 6 Ejari contracts, from AED 230,000 to AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 32,300 a year (AED 20.64 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 3 January 2026.
Questions about 5506, Downtown Views
What did unit 5506 last sell for?
AED 3,794,888 on 24 July 2016, sold by the developer: AED 2,423 per sqft for 1,566 sqft. It is the only registered sale of the unit.
What is the rent for unit 5506?
AED 270,000 a year on the contract renewed on 3 January 2026. The previous contract, from January 2025, was AED 270,000; the unit has been rented since April 2022.
How big is unit 5506?
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 5506 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 5506, Downtown Views
Starts from the last sale price (AED 3.79M, 24 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,794,888
- Deposit, UAE resident (20%)
- AED 758,978
- Deposit, non-resident (40%)
- AED 1,517,955
- Monthly over 25 years at 3.7%
- AED 15,526
Plus AED 164,396 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →