2-bed · 1,222 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 4th floor · completed 2022

409, Downtown Views 2 - Tower 2

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

Unit 409 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.95M18 December 2017
Current rentAED 145K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Downtown Views 2 - Tower 2

What is 409 worth today?

Last sold for AED 1,951,888 in 2017

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1 Sep 2024RentedNew contract
AED 145,000/yr12 months · AED 120 per sqft
18 Dec 2017Sold by developerOff-plan
AED 1,951,888AED 1,596 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,222 sqft
Floor
4th of 57
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.95M · December 2017

About 409, Downtown Views 2 - Tower 2

409 is a two-bedroom apartment of 1,222 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 18 December 2017 for AED 1,951,888, or AED 1,596 per sqft, 9% below the AED 1,762 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 145,000 a year: a gross yield of 7.4% on the 2017 price.

Sales and rents for 409 over time

Sales
Unit 409, 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, December 2017: AED 1,951,888 (AED 1,596 per sqft)

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

Rents
Unit 409, each contractTypical two-bed in Downtown Views 2 - Tower 2
140K160K180K2024202520262027Typical rent by year: 2024 AED 167,500; 2025 AED 180,000; 2026 AED 156,923New contract, September 2024: AED 145,000 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 409 sits

All 238 2-beds →

409 last sold in December 2017 at AED 1,596 per sqft, 9% below what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,762). 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. 409's AED 145,000 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
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
4072-bedAED 2.8M · May 2024
1–7 of 8

409, Downtown Views 2 - Tower 2 in numbers

  • Sold once: by Emaar on 18 December 2017 for AED 1,951,888, or AED 1,596 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2017 price is 7.4%.
  • 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 1 September 2024.

Questions about 409, Downtown Views 2 - Tower 2

What did unit 409 last sell for?

AED 1,951,888 on 18 December 2017, sold by the developer: AED 1,596 per sqft for 1,222 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 145,000 a year on the contract signed on 1 September 2024.

How big is unit 409?

1,222 sqft (113.5 sqm): a two-bedroom apartment on the 4th floor of a 57-storey tower completed in 2022.

What is unit 409 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 409, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 1.95M, 18 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,951,888
Deposit, UAE resident (20%)
AED 390,378
Deposit, non-resident (40%)
AED 780,755
Monthly over 25 years at 3.7%
AED 7,986

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