408, Downtown Views 2 - Tower 1
Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Downtown Views 2 - Tower 1
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 28 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,112 sqft
- Floor
- 4th of 62
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.2M · March 2017
- Building
- Downtown Views 2 - Tower 1
About 408, Downtown Views 2 - Tower 1
408 is a two-bedroom apartment of 1,112 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 22 March 2017 for AED 2,199,888, or AED 1,978 per sqft, in line with the AED 1,960 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 28 August 2026, is AED 150,150 a year: a gross yield of 6.8% on the 2017 price.
Sales and rents for 408 over time
408 has sold once; 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 2 - Tower 1, and where 408 sits
All 256 2-beds →408 last sold in March 2017 at AED 1,978 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,960). 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. 408's AED 150,150 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Sep 202619 September 2026 | 1,167 sqft | 2,520,000 | 2,158 | ||
| 27 Aug 202627 August 2026 | 1,091 sqft | 3,400,000 | 3,117 | ||
| 13 Aug 202613 August 2026 | 1,091 sqft | 2,970,000 | 2,723 | ||
| 21 Jul 202621 July 2026 | 1,168 sqft | 2,875,000 | 2,461 |
Downtown Views 2 - Tower 1
Building575 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%
Other units on the 4th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,168 sqft | AED 1.85MAED 1,850,888 · Mar 2017March 2017 | 155,925 /yr | |
| 402 | 1-bed | 744 sqft | AED 1.27MAED 1,274,888 · Feb 2017February 2017 | 124,000 /yr | |
| 403 | 1-bed | 372 sqft | AED 1.27MAED 1,274,888 · Apr 2017April 2017 | 100,000 /yr | |
| 404 | 2-bed | 1,167 sqft | AED 2.52MAED 2,520,000 · Sep 2026September 2026 | 155,000 /yr | |
| 405 | 3-bed | 1,891 sqft | AED 4.85MAED 4,850,000 · Jan 2025January 2025 | ||
| 406 | 2-bed | 1,155 sqft | AED 2.24MAED 2,238,888 · Mar 2017March 2017 | 150,150 /yr | |
| 407 | 2-bed | 1,094 sqft | AED 2.15MAED 2,152,888 · Apr 2017April 2017 | 150,150 /yr | |
| 409 | 2-bed | 1,202 sqft | AED 2.2MAED 2,201,888 · Mar 2017March 2017 | 160,000 /yr | |
| 410 | 3-bed | 1,828 sqft | AED 4.25MAED 4,250,000 · Jul 2023July 2023 |
408, Downtown Views 2 - Tower 1 in numbers
- Sold once: by Emaar on 22 March 2017 for AED 2,199,888, or AED 1,978 per sqft.
- Rented since August 2024 on 3 Ejari contracts, from AED 143,000 to AED 150,150 a year.
- At AED 150,150 a year the gross yield on the 2017 price is 6.8%.
- 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 28 August 2026.
Questions about 408, Downtown Views 2 - Tower 1
What did unit 408 last sell for?
AED 2,199,888 on 22 March 2017, sold by the developer: AED 1,978 per sqft for 1,112 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 150,150 a year on the contract renewed on 28 August 2026. The previous contract, from August 2025, was AED 150,150; the unit has been rented since August 2024.
How big is unit 408?
1,112 sqft (103.3 sqm): a two-bedroom apartment on the 4th floor of a 62-storey tower completed in 2022.
What is unit 408 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.
Selling 408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 408, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 2.2M, 22 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,199,888
- Deposit, UAE resident (20%)
- AED 439,978
- Deposit, non-resident (40%)
- AED 879,955
- Monthly over 25 years at 3.7%
- AED 9,000
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →