2-bed · 1,086 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 4th floor · completed 2022

402, Downtown Views 2 - Tower 2

Sold prices and rental history: sold once, by the developer in August 2017, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 1.91M24 August 2017
Current rentAED 147K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Downtown Views 2 - Tower 2

What is 402 worth today?

Last sold for AED 1,913,888 in 2017

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25 Nov 2024RentedRenewal
AED 147,000/yr12 months · AED 135 per sqft
24 Aug 2017Sold by developerOff-plan
AED 1,913,888AED 1,762 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
2-bed apartment
Size
1,086 sqft
Floor
4th of 57
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.91M · August 2017

About 402, Downtown Views 2 - Tower 2

402 is a two-bedroom apartment of 1,086 sqft on the 4th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 24 August 2017 for AED 1,913,888, or AED 1,762 per sqft, in line with the AED 1,712 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 November 2024. The current contract, renewed on 25 November 2024, is AED 147,000 a year: a gross yield of 7.7% on the 2017 price.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Downtown Views 2 - Tower 2
2M3M2017202020232026Typical sale price by year: 2017 AED 1,984,888; 2018 AED 2,151,888; 2019 AED 2,072,388; 2020 AED 2,096,888; 2021 AED 2,213,888; 2022 AED 2,195,444; 2023 AED 2,650,000; 2024 AED 2,940,000; 2025 AED 3,175,000; 2026 AED 3,050,000Sold by developer, August 2017: AED 1,913,888 (AED 1,762 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Downtown Views 2 - Tower 2
160K180K2024202520262027Typical rent by year: 2024 AED 167,500; 2025 AED 180,000; 2026 AED 156,923Renewal, November 2024: AED 147,000 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 2, and where 402 sits

All 238 2-beds →

402 last sold in August 2017 at AED 1,762 per sqft, in line with what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,712). Over the last 12 months two-beds sold for AED 2,600,000 to 3,700,000, around AED 2,615 per sqft, and rent for AED 120,000 to 300,000 a year. 402's AED 147,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20262,850,000
12 Oct 20262,750,000
23 Sep 20263,110,000
2 Sep 20263,000,000
12 2-bed sales in the last 12 months

Downtown Views 2 - Tower 2

Building

489 apartments, 1-bed to 4-bed over 57 floors in Downtown Dubai, completed in 2022 by Emaar. 25 sold in the last 12 months.

Typical price per sqft
AED 2,656 Down 6.3%
Typical sale
AED 3.11M
Typical rent
AED 155K /yr
Typical yield
5.5%
Downtown Views 2 - Tower 2, Downtown Dubai: prices, sales and rents →
Value
4011-bedAED 2.05M · Oct 2025
4031-bedAED 1.25M · Oct 2018
4042-bedAED 2.75M · Oct 2026
4053-bedAED 3.45M · Dec 2021
4062-bedAED 3M · Sep 2026
4072-bedAED 2.8M · May 2024
4083-bedAED 3.21M · Mar 2019
1–7 of 8

402, Downtown Views 2 - Tower 2 in numbers

  • Sold once: by Emaar on 24 August 2017 for AED 1,913,888, or AED 1,762 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 147,000 a year.
  • At AED 147,000 a year the gross yield on the 2017 price is 7.7%.
  • Two-beds in Downtown Views 2 - Tower 2 sold for AED 2,600,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,656 per sqft.

Source: Dubai Land Department. Updated 25 November 2024.

Questions about 402, Downtown Views 2 - Tower 2

What did unit 402 last sell for?

AED 1,913,888 on 24 August 2017, sold by the developer: AED 1,762 per sqft for 1,086 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 147,000 a year on the contract renewed on 25 November 2024.

How big is unit 402?

1,086 sqft (100.9 sqm): a two-bedroom apartment on the 4th floor of a 57-storey tower completed in 2022.

What is unit 402 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 2 sold for AED 2,600,000 to 3,700,000 in the last 12 months, around AED 2,615 per sqft.

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Mortgage on 402, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 1.91M, 24 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,913,888
Deposit, UAE resident (20%)
AED 382,778
Deposit, non-resident (40%)
AED 765,555
Monthly over 25 years at 3.7%
AED 7,830

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