2-bed · 1,097 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 4th floor · completed 2022

407, Downtown Views 2 - Tower 2

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 2.8M9 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Downtown Views 2 - Tower 2

What is 407 worth today?

Last sold for AED 2,800,000 in 2024

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9 May 2024SoldReady
AED 2,800,000AED 2,552 per sqft
27 Oct 2021Sold by developerOff-plan
AED 2,452,888AED 2,235 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
2-bed apartment
Size
1,097 sqft
Floor
4th of 57
Parking
P3-263
Developer
Emaar
Completed
2022
Last sold
AED 2.8M · May 2024

About 407, Downtown Views 2 - Tower 2

407 is a two-bedroom apartment of 1,097 sqft on the 4th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 9 May 2024 for AED 2,800,000, or AED 2,552 per sqft, in line with the AED 2,498 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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, October 2021: AED 2,452,888 (AED 2,235 per sqft)Sold, May 2024: AED 2,800,000 (AED 2,552 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Downtown Views 2 - Tower 2
160K180K2024202520262027Typical rent by year: 2024 AED 167,500; 2025 AED 180,000; 2026 AED 156,923

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 407 sits

All 238 2-beds →

407 last sold in May 2024 at AED 2,552 per sqft, in line with what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,498). 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.

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
4022-bedAED 1.91M · Aug 2017
4031-bedAED 1.25M · Oct 2018
4042-bedAED 2.75M · Oct 2026
4053-bedAED 3.45M · Dec 2021
4062-bedAED 3M · Sep 2026
4083-bedAED 3.21M · Mar 2019
1–7 of 8

407, Downtown Views 2 - Tower 2 in numbers

  • Sold twice: first on 27 October 2021 for AED 2,452,888, last on 9 May 2024 for AED 2,800,000 (AED 2,552 per sqft).
  • 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 9 May 2024.

Questions about 407, Downtown Views 2 - Tower 2

What did unit 407 last sell for?

AED 2,800,000 on 9 May 2024: AED 2,552 per sqft for 1,097 sqft. The unit has 2 registered sales; the first was AED 2,452,888 in October 2021.

How big is unit 407?

1,097 sqft (101.9 sqm): a two-bedroom apartment on the 4th floor of a 57-storey tower completed in 2022.

What is unit 407 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 407, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 2.8M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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