1-bed · 373 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 7th floor · completed 2022

703, Downtown Views 2 - Tower 1

Sold prices and rental history: sold twice, last in May 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 25 May 2021
Last soldAED 1.03M25 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Downtown Views 2 - Tower 1

What is 703 worth today?

Last sold for AED 1,025,000 in 2021

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25 May 2021SoldOff-plan
AED 1,025,000AED 1,373 per sqft
14 Feb 2017Sold by developerOff-plan
AED 1,282,888AED 1,745 per sqft

Source: Dubai Land Department. Updated 25 May 2021.

Key facts

Type
1-bed apartment
Size
373 sqft
Floor
7th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.03M · May 2021

About 703, Downtown Views 2 - Tower 1

703 is a one-bedroom apartment of 373 sqft on the 7th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 25 May 2021 for AED 1,025,000, or AED 1,373 per sqft, 29% below the AED 1,937 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Downtown Views 2 - Tower 1
1M1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,304,388; 2018 AED 1,351,888; 2019 AED 1,585,388; 2020 AED 1,531,888; 2021 AED 1,499,888; 2022 AED 1,350,000; 2023 AED 1,640,000; 2024 AED 1,925,000; 2025 AED 2,050,000; 2026 AED 2,020,000Sold by developer, February 2017: AED 1,282,888 (AED 1,745 per sqft)Sold, May 2021: AED 1,025,000 (AED 1,373 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Downtown Views 2 - Tower 1
110K115K120K20232024202520262027Typical rent by year: 2023 AED 112,500; 2024 AED 110,125; 2025 AED 120,000; 2026 AED 110,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Downtown Views 2 - Tower 1, and where 703 sits

All 157 1-beds →

703 last sold in May 2021 at AED 1,373 per sqft, 29% below what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,937). Over the last 12 months one-beds sold for AED 1,586,888 to 2,175,000, around AED 2,795 per sqft, and rent for AED 86,000 to 150,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Oct 20261,725,000
11 Aug 20262,020,000
7 Aug 20262,080,000
6 May 20261,586,888
7 1-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
7012-bedAED 2.55M · Jan 2025
7021-bedAED 940K · Jan 2021
7042-bedAED 1.86M · Sep 2019
7053-bedAED 3.15M · Jun 2023
7062-bedAED 2.26M · Mar 2017
7072-bedAED 2.39M · Nov 2023
7082-bedAED 2.22M · Feb 2017
1–7 of 9

703, Downtown Views 2 - Tower 1 in numbers

  • Sold twice: first on 14 February 2017 for AED 1,282,888, last on 25 May 2021 for AED 1,025,000 (AED 1,373 per sqft).
  • One-beds in Downtown Views 2 - Tower 1 sold for AED 1,586,888–2,175,000 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 25 May 2021.

Questions about 703, Downtown Views 2 - Tower 1

What did unit 703 last sell for?

AED 1,025,000 on 25 May 2021: AED 1,373 per sqft for 373 sqft. The unit has 2 registered sales; the first was AED 1,282,888 in February 2017.

How big is unit 703?

373 sqft (34.7 sqm): a one-bedroom apartment on the 7th floor of a 62-storey tower completed in 2022.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Downtown Views 2 - Tower 1 sold for AED 1,586,888 to 2,175,000 in the last 12 months, around AED 2,795 per sqft.

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Mortgage on 703, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.03M, 25 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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