3-bed · 1,767 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 54th floor · completed 2022

5407, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5407 · DLD and Ejari recordsUpdated 19 March 2020
Last soldAED 4M19 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5407, Downtown Views 2 - Tower 1

What is 5407 worth today?

Last sold for AED 4,002,211 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Mar 2020Sold by developerOff-plan
AED 4,002,211AED 2,264 per sqft

Source: Dubai Land Department. Updated 19 March 2020.

Key facts

Type
3-bed apartment
Size
1,767 sqft
Floor
54th of 62
Parking
2
Developer
Emaar
Completed
2022
Last sold
AED 4M · March 2020

About 5407, Downtown Views 2 - Tower 1

5407 is a three-bedroom apartment of 1,767 sqft on the 54th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 19 March 2020 for AED 4,002,211, or AED 2,264 per sqft, 10% above the AED 2,059 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5407 over time

Sales
Unit 5407, 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, March 2020: AED 4,002,211 (AED 2,264 per sqft)

5407 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5407, each contractTypical three-bed in Downtown Views 2 - Tower 1
260K270K2024202520262027Typical rent by year: 2024 AED 265,000; 2025 AED 275,000; 2026 AED 260,000

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 5407 sits

All 156 3-beds →

5407 last sold in March 2020 at AED 2,264 per sqft, 10% above what three-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,059). 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.

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 54th floor

All 575 units in Downtown Views 2 - Tower 1
Value
54011-bedAED 2M · Jun 2025
54021-bedAED 2.09M · Jun 2025
54031-bedAED 1.59M · Dec 2019
54041-bedAED 1.45M · Nov 2020
54052-bedAED 2.47M · Nov 2019
54063-bedAED 3.5M · Dec 2019
54083-bedAED 4.19M · Dec 2019
1–7 of 9

5407, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 19 March 2020 for AED 4,002,211, or AED 2,264 per sqft.
  • 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 19 March 2020.

Questions about 5407, Downtown Views 2 - Tower 1

What did unit 5407 last sell for?

AED 4,002,211 on 19 March 2020, sold by the developer: AED 2,264 per sqft for 1,767 sqft. It is the only registered sale of the unit.

How big is unit 5407?

1,767 sqft (164.2 sqm): a three-bedroom apartment on the 54th floor of a 62-storey tower completed in 2022.

What is unit 5407 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.

Selling 5407? 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.

How OpenOffers works

Mortgage on 5407, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 4M, 19 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,002,211
Deposit, UAE resident (20%)
AED 800,442
Deposit, non-resident (40%)
AED 1,600,884
Monthly over 25 years at 3.7%
AED 16,374

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