3-bed · 1,612 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 48th floor · completed 2022

4806, Downtown Views 2 - Tower 1

Sold prices and rental history: sold twice, last in October 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4806 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 4.35M19 October 2023
Current rentAED 275K /yr3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4806, Downtown Views 2 - Tower 1

What is 4806 worth today?

Last sold for AED 4,350,000 in 2023

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3 Oct 2024RentedNew contract
AED 275,000/yr12 months · AED 170 per sqft
19 Oct 2023SoldReady
AED 4,350,000AED 2,698 per sqft
26 Feb 2017Sold by developerOff-plan
AED 3,217,888AED 1,978 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
3-bed apartment
Size
1,612 sqft
Floor
48th of 62
Parking
G-42,G-43
Developer
Emaar
Completed
2022
Last sold
AED 4.35M · October 2023

About 4806, Downtown Views 2 - Tower 1

4806 is a three-bedroom apartment of 1,612 sqft on the 48th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 19 October 2023 for AED 4,350,000, or AED 2,698 per sqft, 22% above the AED 2,215 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 October 2024. The current contract, signed on 3 October 2024, is AED 275,000 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for 4806 over time

Sales
Unit 4806, each saleTypical three-bed in Downtown Views 2 - Tower 1
3M4M5M2017202020232026Typical sale price by year: 2017 AED 3,282,388; 2018 AED 3,259,388; 2019 AED 3,103,888; 2020 AED 4,419,888; 2021 AED 3,965,649; 2022 AED 3,650,000; 2023 AED 4,250,000; 2024 AED 4,750,000; 2025 AED 5,150,000Sold by developer, February 2017: AED 3,217,888 (AED 1,978 per sqft)Sold, October 2023: AED 4,350,000 (AED 2,698 per sqft)

4806 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4806, each contractTypical three-bed in Downtown Views 2 - Tower 1
260K270K2024202520262027Typical rent by year: 2024 AED 265,000; 2025 AED 275,000; 2026 AED 260,000New contract, October 2024: AED 275,000 a year

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 2 - Tower 1, and where 4806 sits

All 156 3-beds →

4806 last sold in October 2023 at AED 2,698 per sqft, 22% above what three-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,215). Over the last 12 months three-beds sold for AED 4,650,000 to 5,900,000, around AED 3,217 per sqft, and rent for AED 83,919 to 368,000 a year. 4806's AED 275,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jul 20265,500,000
12 Mar 20264,900,000
23 Dec 20254,650,000
17 Dec 20255,900,000
5 3-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 →

Other units on the 48th floor

All 575 units in Downtown Views 2 - Tower 1
Value
48011-bedAED 2.1M · Aug 2024
48021-bedAED 1.9M · Apr 2024
48031-bedAED 1.55M · Feb 2023
48041-bedAED 1.26M · Feb 2019
48052-bedAED 2.75M · Apr 2024
48073-bedAED 3.62M · Mar 2017
48083-bedAED 3.65M · Feb 2017
1–7 of 9

4806, Downtown Views 2 - Tower 1 in numbers

  • Sold twice: first on 26 February 2017 for AED 3,217,888, last on 19 October 2023 for AED 4,350,000 (AED 2,698 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2023 price is 6.3%.
  • Three-beds in Downtown Views 2 - Tower 1 sold for AED 4,650,000–5,900,000 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 3 October 2024.

Questions about 4806, Downtown Views 2 - Tower 1

What did unit 4806 last sell for?

AED 4,350,000 on 19 October 2023: AED 2,698 per sqft for 1,612 sqft. The unit has 2 registered sales; the first was AED 3,217,888 in February 2017.

What is the rent for unit 4806?

AED 275,000 a year on the contract signed on 3 October 2024.

How big is unit 4806?

1,612 sqft (149.8 sqm): a three-bedroom apartment on the 48th floor of a 62-storey tower completed in 2022.

What is unit 4806 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 2 - Tower 1 sold for AED 4,650,000 to 5,900,000 in the last 12 months, around AED 3,217 per sqft.

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Mortgage on 4806, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 4.35M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

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