5408, Downtown Views 2 - Tower 1
Sold prices and rental history: sold once, by the developer in December 2019, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, Downtown Views 2 - Tower 1
What is 5408 worth today?
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Source: Dubai Land Department. Updated 21 October 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,807 sqft
- Floor
- 54th of 62
- Parking
- 2
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 4.19M · December 2019
- Building
- Downtown Views 2 - Tower 1
About 5408, Downtown Views 2 - Tower 1
5408 is a three-bedroom apartment of 1,807 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 18 December 2019 for AED 4,188,888, or AED 2,317 per sqft, 34% above the AED 1,726 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 21 October 2025. The current contract, signed on 21 October 2025, is AED 310,000 a year: a gross yield of 7.4% on the 2019 price.
Sales and rents for 5408 over time
5408 has sold once; the dashed line is the three-bed median of each year in the building.
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 5408 sits
All 156 3-beds →5408 last sold in December 2019 at AED 2,317 per sqft, 34% above what three-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,726). 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. 5408's AED 310,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 1,709 sqft | 5,500,000 | 3,217 | ||
| 12 Mar 202612 March 2026 | 1,828 sqft | 4,900,000 | 2,680 | ||
| 23 Dec 202523 December 2025 | 1,891 sqft | 4,650,000 | 2,458 | ||
| 17 Dec 202517 December 2025 | 1,805 sqft | 5,900,000 | 3,268 |
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 54th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 1-bed | 701 sqft | AED 2MAED 2,000,000 · Jun 2025June 2025 | 100,000 /yr | |
| 5402 | 1-bed | 741 sqft | AED 2.09MAED 2,089,500 · Jun 2025June 2025 | ||
| 5403 | 1-bed | 743 sqft | AED 1.59MAED 1,589,888 · Dec 2019December 2019 | 100,000 /yr | |
| 5404 | 1-bed | 692 sqft | AED 1.45MAED 1,451,888 · Nov 2020November 2020 | 110,000 /yr | |
| 5405 | 2-bed | 1,335 sqft | AED 2.47MAED 2,467,888 · Nov 2019November 2019 | ||
| 5406 | 3-bed | 1,627 sqft | AED 3.5MAED 3,500,644 · Dec 2019December 2019 | 270,000 /yr | |
| 5407 | 3-bed | 1,767 sqft | AED 4MAED 4,002,211 · Mar 2020March 2020 | ||
| 5409 | 3-bed | 1,709 sqft | AED 5.3MAED 5,300,000 · May 2024May 2024 | ||
| 5410 | 2-bed | 1,284 sqft | AED 2.44MAED 2,438,888 · Nov 2019November 2019 | 220,000 /yr |
5408, Downtown Views 2 - Tower 1 in numbers
- Sold once: by Emaar on 18 December 2019 for AED 4,188,888, or AED 2,317 per sqft.
- Rented since October 2025 on one Ejari contract, at AED 310,000 a year.
- At AED 310,000 a year the gross yield on the 2019 price is 7.4%.
- 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 21 October 2025.
Questions about 5408, Downtown Views 2 - Tower 1
What did unit 5408 last sell for?
AED 4,188,888 on 18 December 2019, sold by the developer: AED 2,317 per sqft for 1,807 sqft. It is the only registered sale of the unit.
What is the rent for unit 5408?
AED 310,000 a year on the contract signed on 21 October 2025.
How big is unit 5408?
1,807 sqft (167.9 sqm): a three-bedroom apartment on the 54th floor of a 62-storey tower completed in 2022.
What is unit 5408 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 5408, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 4.19M, 18 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 4,188,888
- Deposit, UAE resident (20%)
- AED 837,778
- Deposit, non-resident (40%)
- AED 1,675,555
- Monthly over 25 years at 3.7%
- AED 17,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →