5508, Downtown Views
Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5508, Downtown Views
What is 5508 worth today?
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Source: Dubai Land Department. Updated 29 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,419 sqft
- Floor
- 55th of 59
- Parking
- P4-120
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 29,300 /yr
- Last sold
- AED 3.3M · May 2023
- Building
- Downtown Views
About 5508, Downtown Views
5508 is a two-bedroom apartment of 1,419 sqft on the 55th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 29 May 2023 for AED 3,300,000, or AED 2,325 per sqft, 9% above the AED 2,130 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5508 over time
5508 has sold twice; 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 5508 sits
All 183 2-beds →5508 last sold in May 2023 at AED 2,325 per sqft, 9% above what two-beds in Downtown Views were fetching at the time (AED 2,130). 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.
| 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%
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 | ||
| 5506 | 3-bed | 1,566 sqft | AED 3.79MAED 3,794,888 · Jul 2016July 2016 | 270,000 /yr | |
| 5507 | 2-bed | 1,238 sqft | AED 2.8MAED 2,800,000 · Nov 2022November 2022 | 150,000 /yr |
5508, Downtown Views in numbers
- Sold twice: first on 25 July 2016 for AED 2,514,888, last on 29 May 2023 for AED 3,300,000 (AED 2,325 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 29 May 2023.
Questions about 5508, Downtown Views
What did unit 5508 last sell for?
AED 3,300,000 on 29 May 2023: AED 2,325 per sqft for 1,419 sqft. The unit has 2 registered sales; the first was AED 2,514,888 in July 2016.
How big is unit 5508?
1,419 sqft (131.8 sqm): a two-bedroom apartment on the 55th floor of a 59-storey tower completed in 2021.
What is unit 5508 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 5508, Downtown Views
Starts from the last sale price (AED 3.3M, 29 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →