706, Downtown Views 2 - Tower 1
Sold prices and rental history: sold once, by the developer in March 2017, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Downtown Views 2 - Tower 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 23 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,154 sqft
- Floor
- 7th of 62
- Parking
- P2-76
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.26M · March 2017
- Building
- Downtown Views 2 - Tower 1
About 706, Downtown Views 2 - Tower 1
706 is a two-bedroom apartment of 1,154 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 6 March 2017 for AED 2,263,888, or AED 1,960 per sqft, in line with the AED 1,967 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 April 2024. The current contract, signed on 23 April 2024, is AED 160,000 a year: a gross yield of 7.1% on the 2017 price.
Sales and rents for 706 over time
706 has sold once; the dashed line is the two-bed median of each year in the building.
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 706 sits
All 256 2-beds →706 last sold in March 2017 at AED 1,960 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,967). 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. 706's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Sep 202619 September 2026 | 1,167 sqft | 2,520,000 | 2,158 | ||
| 27 Aug 202627 August 2026 | 1,091 sqft | 3,400,000 | 3,117 | ||
| 13 Aug 202613 August 2026 | 1,091 sqft | 2,970,000 | 2,723 | ||
| 21 Jul 202621 July 2026 | 1,168 sqft | 2,875,000 | 2,461 |
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 | |
| 705 | 3-bed | 1,891 sqft | AED 3.15MAED 3,150,000 · Jun 2023June 2023 | 265,000 /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 |
706, Downtown Views 2 - Tower 1 in numbers
- Sold once: by Emaar on 6 March 2017 for AED 2,263,888, or AED 1,960 per sqft.
- Rented since April 2024 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2017 price is 7.1%.
- 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 23 April 2024.
Questions about 706, Downtown Views 2 - Tower 1
What did unit 706 last sell for?
AED 2,263,888 on 6 March 2017, sold by the developer: AED 1,960 per sqft for 1,154 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 160,000 a year on the contract signed on 23 April 2024.
How big is unit 706?
1,154 sqft (107.2 sqm): a two-bedroom apartment on the 7th floor of a 62-storey tower completed in 2022.
What is unit 706 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 706, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 2.26M, 6 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,263,888
- Deposit, UAE resident (20%)
- AED 452,778
- Deposit, non-resident (40%)
- AED 905,555
- Monthly over 25 years at 3.7%
- AED 9,262
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →