2-bed · 1,168 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 7th floor · completed 2022

704, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 5 October 2025
Last soldAED 1.86M15 September 2019
Current rentAED 152K /yr5 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Downtown Views 2 - Tower 1

What is 704 worth today?

Last sold for AED 1,861,888 in 2019

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5 Oct 2025RentedRenewal
AED 152,250/yr12 months · AED 130 per sqft
5 Oct 2024RentedRenewal
AED 152,250/yr12 months · AED 130 per sqft
15 Sep 2019Sold by developerOff-plan
AED 1,861,888AED 1,593 per sqft

Source: Dubai Land Department. Updated 5 October 2025.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
7th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.86M · September 2019

About 704, Downtown Views 2 - Tower 1

704 is a two-bedroom apartment of 1,168 sqft on the 7th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 15 September 2019 for AED 1,861,888, or AED 1,593 per sqft, 6% below the AED 1,697 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 152,250 a year: a gross yield of 8.2% on the 2019 price.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Downtown Views 2 - Tower 1
2M3M2017202020232026Typical sale price by year: 2017 AED 2,201,888; 2018 AED 2,133,799; 2019 AED 2,208,888; 2020 AED 2,312,888; 2021 AED 2,562,616; 2022 AED 2,250,000; 2023 AED 2,500,000; 2024 AED 2,937,500; 2025 AED 3,370,000; 2026 AED 3,135,000Sold by developer, September 2019: AED 1,861,888 (AED 1,593 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Downtown Views 2 - Tower 1
160K2024202520262027Typical rent by year: 2024 AED 170,000; 2025 AED 175,000; 2026 AED 165,000Renewal, October 2024: AED 152,250 a yearRenewal, October 2025: AED 152,250 a year

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 704 sits

All 256 2-beds →

704 last sold in September 2019 at AED 1,593 per sqft, 6% below what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,697). 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. 704's AED 152,250 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Sep 20262,520,000
27 Aug 20263,400,000
13 Aug 20262,970,000
21 Jul 20262,875,000
10 2-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
7031-bedAED 1.03M · May 2021
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

704, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 15 September 2019 for AED 1,861,888, or AED 1,593 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, at AED 152,250 a year.
  • At AED 152,250 a year the gross yield on the 2019 price is 8.2%.
  • 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 5 October 2025.

Questions about 704, Downtown Views 2 - Tower 1

What did unit 704 last sell for?

AED 1,861,888 on 15 September 2019, sold by the developer: AED 1,593 per sqft for 1,168 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 152,250 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 152,250.

How big is unit 704?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 7th floor of a 62-storey tower completed in 2022.

What is unit 704 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.

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Mortgage on 704, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.86M, 15 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,861,888
Deposit, UAE resident (20%)
AED 372,378
Deposit, non-resident (40%)
AED 744,755
Monthly over 25 years at 3.7%
AED 7,618

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