1-bed · 1,091 sqftDowntown Views, Downtown Dubai · completed 2021

603, Downtown Views

Sold prices and rental history: sold twice, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 2M15 March 2024
Current rentAED 145K /yr13 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Downtown Views

What is 603 worth today?

Last sold for AED 2,000,000 in 2024

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15 Mar 2024SoldReady
AED 2,000,000AED 1,833 per sqft
13 Feb 2023RentedNew contract
AED 145,000/yr12 months · AED 133 per sqft
20 Jan 2022RentedNew contract
AED 112,000/yr12 months · AED 103 per sqft
17 Jun 2020Sold by developerOff-plan
AED 2,027,888AED 1,858 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
1-bed apartment
Size
1,091 sqft
Parking
P4-52
Developer
Emaar
Completed
2021
Service charge
AED 22,500 /yr
Last sold
AED 2M · March 2024

About 603, Downtown Views

603 is a one-bedroom apartment of 1,091 sqft of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 15 March 2024 for AED 2,000,000, or AED 1,833 per sqft, 19% below the AED 2,266 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 13 February 2023, is AED 145,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 22,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Downtown Views
1.5M2M2.5M20152018202120242027Typical sale price by year: 2015 AED 1,561,888; 2016 AED 1,540,888; 2017 AED 1,566,888; 2018 AED 1,300,000; 2019 AED 1,550,888; 2020 AED 1,368,444; 2021 AED 1,550,000; 2022 AED 1,650,000; 2023 AED 1,940,000; 2024 AED 2,215,000; 2025 AED 2,325,000; 2026 AED 2,300,000Sold by developer, June 2020: AED 2,027,888 (AED 1,858 per sqft)Sold, March 2024: AED 2,000,000 (AED 1,833 per sqft)

603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, each contractTypical one-bed in Downtown Views
100K150K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 95,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 126,500; 2026 AED 132,500New contract, January 2022: AED 112,000 a yearNew contract, February 2023: AED 145,000 a year

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

1-beds in Downtown Views, and where 603 sits

All 159 1-beds →

603 last sold in March 2024 at AED 1,833 per sqft, 19% below what one-beds in Downtown Views were fetching at the time (AED 2,266). Over the last 12 months one-beds sold for AED 2,300,000 to 2,370,000, around AED 2,668 per sqft, and rent for AED 104,816 to 155,000 a year. 603's AED 145,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20262,370,000
29 Jan 20262,300,000
21 Jan 20262,300,000
24 Dec 20252,325,000
5 1-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 →

603, Downtown Views in numbers

  • Sold twice: first on 17 June 2020 for AED 2,027,888, last on 15 March 2024 for AED 2,000,000 (AED 1,833 per sqft).
  • Rented since January 2022 on 2 Ejari contracts, from AED 112,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 22,500 a year (AED 20.64 per sqft).
  • One-beds in Downtown Views sold for AED 2,300,000–2,370,000 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 15 March 2024.

Questions about 603, Downtown Views

What did unit 603 last sell for?

AED 2,000,000 on 15 March 2024: AED 1,833 per sqft for 1,091 sqft. The unit has 2 registered sales; the first was AED 2,027,888 in June 2020.

What is the rent for unit 603?

AED 145,000 a year on the contract signed on 13 February 2023. The previous contract, from January 2022, was AED 112,000.

How big is unit 603?

1,091 sqft (101.4 sqm): a one-bedroom apartment of a 59-storey tower completed in 2021.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Downtown Views sold for AED 2,300,000 to 2,370,000 in the last 12 months, around AED 2,668 per sqft.

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Mortgage on 603, Downtown Views

Starts from the last sale price (AED 2M, 15 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →