705, Downtown Views 2 - Tower 1
Sold prices and rental history: sold twice, last in June 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Downtown Views 2 - Tower 1
What is 705 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,891 sqft
- Floor
- 7th of 62
- Parking
- G-158,G-159
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 3.15M · June 2023
- Building
- Downtown Views 2 - Tower 1
About 705, Downtown Views 2 - Tower 1
705 is a three-bedroom apartment of 1,891 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 12 June 2023 for AED 3,150,000, or AED 1,665 per sqft, 20% below the AED 2,074 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2024. The current contract, signed on 15 October 2024, is AED 265,000 a year: a gross yield of 8.4% on the 2023 price.
Sales and rents for 705 over time
705 has sold twice; 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 705 sits
All 156 3-beds →705 last sold in June 2023 at AED 1,665 per sqft, 20% below what three-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,074). 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. 705's AED 265,000 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 7th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,168 sqft | AED 2.55MAED 2,550,000 · Jan 2025January 2025 | 165,000 /yr | |
| 702 | 1-bed | 746 sqft | AED 940KAED 940,000 · Jan 2021January 2021 | 95,000 /yr | |
| 703 | 1-bed | 373 sqft | AED 1.03MAED 1,025,000 · May 2021May 2021 | ||
| 704 | 2-bed | 1,168 sqft | AED 1.86MAED 1,861,888 · Sep 2019September 2019 | 152,250 /yr | |
| 706 | 2-bed | 1,154 sqft | AED 2.26MAED 2,263,888 · Mar 2017March 2017 | 160,000 /yr | |
| 707 | 2-bed | 1,091 sqft | AED 2.39MAED 2,387,170 · Nov 2023November 2023 | ||
| 708 | 2-bed | 1,112 sqft | AED 2.22MAED 2,224,888 · Feb 2017February 2017 | 175,000 /yr | |
| 709 | 2-bed | 1,264 sqft | AED 3.15MAED 3,150,000 · Aug 2024August 2024 | 185,000 /yr | |
| 710 | 3-bed | 1,828 sqft | AED 4.9MAED 4,900,000 · Mar 2026March 2026 | 240,000 /yr |
705, Downtown Views 2 - Tower 1 in numbers
- Sold twice: first on 19 December 2018 for AED 3,015,888, last on 12 June 2023 for AED 3,150,000 (AED 1,665 per sqft).
- Rented since October 2024 on one Ejari contract, at AED 265,000 a year.
- At AED 265,000 a year the gross yield on the 2023 price is 8.4%.
- 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 15 October 2024.
Questions about 705, Downtown Views 2 - Tower 1
What did unit 705 last sell for?
AED 3,150,000 on 12 June 2023: AED 1,665 per sqft for 1,891 sqft. The unit has 2 registered sales; the first was AED 3,015,888 in December 2018.
What is the rent for unit 705?
AED 265,000 a year on the contract signed on 15 October 2024.
How big is unit 705?
1,891 sqft (175.7 sqm): a three-bedroom apartment on the 7th floor of a 62-storey tower completed in 2022.
What is unit 705 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 705, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 3.15M, 12 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →