2-bed · 1,094 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 4th floor · completed 2022

407, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in April 2017, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 2.15M4 April 2017
Current rentAED 150K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Downtown Views 2 - Tower 1

What is 407 worth today?

Last sold for AED 2,152,888 in 2017

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10 Sep 2025RentedRenewal
AED 150,150/yr12 months · AED 138 per sqft
4 Apr 2017Sold by developerOff-plan
AED 2,152,888AED 1,967 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
2-bed apartment
Size
1,094 sqft
Floor
4th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 2.15M · April 2017

About 407, Downtown Views 2 - Tower 1

407 is a two-bedroom apartment of 1,094 sqft on the 4th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 4 April 2017 for AED 2,152,888, or AED 1,967 per sqft, in line with the AED 1,944 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 September 2025. The current contract, renewed on 10 September 2025, is AED 150,150 a year: a gross yield of 7.0% on the 2017 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Downtown Views 2 - Tower 1
2M3M2017202020232026Typical sale price by year: 2017 AED 2,201,888; 2018 AED 2,133,799; 2019 AED 2,208,888; 2020 AED 2,312,888; 2021 AED 2,562,616; 2022 AED 2,250,000; 2023 AED 2,500,000; 2024 AED 2,937,500; 2025 AED 3,370,000; 2026 AED 3,135,000Sold by developer, April 2017: AED 2,152,888 (AED 1,967 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Downtown Views 2 - Tower 1
160K2024202520262027Typical rent by year: 2024 AED 170,000; 2025 AED 175,000; 2026 AED 165,000Renewal, September 2025: AED 150,150 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 2 - Tower 1, and where 407 sits

All 256 2-beds →

407 last sold in April 2017 at AED 1,967 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,944). Over the last 12 months two-beds sold for AED 2,400,000 to 3,750,000, around AED 2,731 per sqft, and rent for AED 125,000 to 230,000 a year. 407's AED 150,150 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Sep 20262,520,000
27 Aug 20263,400,000
13 Aug 20262,970,000
21 Jul 20262,875,000
10 2-bed sales in the last 12 months

Downtown Views 2 - Tower 1

Building

575 apartments, 1-bed to 4-bed over 62 floors in Downtown Dubai, completed in 2022 by Emaar. 22 sold in the last 12 months.

Typical price per sqft
AED 2,767 Down 1.9%
Typical sale
AED 2.94M
Typical rent
AED 155K /yr
Typical yield
5.3%
Downtown Views 2 - Tower 1, Downtown Dubai: prices, sales and rents →
Value
4012-bedAED 1.85M · Mar 2017
4021-bedAED 1.27M · Feb 2017
4031-bedAED 1.27M · Apr 2017
4042-bedAED 2.52M · Sep 2026
4053-bedAED 4.85M · Jan 2025
4062-bedAED 2.24M · Mar 2017
4082-bedAED 2.2M · Mar 2017
1–7 of 9

407, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 4 April 2017 for AED 2,152,888, or AED 1,967 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 150,150 a year.
  • At AED 150,150 a year the gross yield on the 2017 price is 7.0%.
  • Two-beds in Downtown Views 2 - Tower 1 sold for AED 2,400,000–3,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,767 per sqft.

Source: Dubai Land Department. Updated 10 September 2025.

Questions about 407, Downtown Views 2 - Tower 1

What did unit 407 last sell for?

AED 2,152,888 on 4 April 2017, sold by the developer: AED 1,967 per sqft for 1,094 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 150,150 a year on the contract renewed on 10 September 2025.

How big is unit 407?

1,094 sqft (101.6 sqm): a two-bedroom apartment on the 4th floor of a 62-storey tower completed in 2022.

What is unit 407 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 2 - Tower 1 sold for AED 2,400,000 to 3,750,000 in the last 12 months, around AED 2,731 per sqft.

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Mortgage on 407, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 2.15M, 4 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,152,888
Deposit, UAE resident (20%)
AED 430,578
Deposit, non-resident (40%)
AED 861,155
Monthly over 25 years at 3.7%
AED 8,808

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