3-bed · 1,717 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 47th floor · completed 2022

4705, Downtown Views 2 - Tower 2

Sold prices and rental history: sold once, by the developer in February 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4705 · DLD and Ejari recordsUpdated 4 February 2019
Last soldAED 3.56M4 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4705, Downtown Views 2 - Tower 2

What is 4705 worth today?

Last sold for AED 3,560,888 in 2019

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4 Feb 2019Sold by developerOff-plan
AED 3,560,888AED 2,074 per sqft

Source: Dubai Land Department. Updated 4 February 2019.

Key facts

Type
3-bed apartment
Size
1,717 sqft
Floor
47th of 57
Parking
2
Developer
Emaar
Completed
2022
Last sold
AED 3.56M · February 2019

About 4705, Downtown Views 2 - Tower 2

4705 is a three-bedroom apartment of 1,717 sqft on the 47th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 4 February 2019 for AED 3,560,888, or AED 2,074 per sqft, in line with the AED 2,037 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4705 over time

Sales
Unit 4705, each saleTypical three-bed in Downtown Views 2 - Tower 2
4M5M2017202020232026Typical sale price by year: 2017 AED 3,510,888; 2018 AED 3,618,888; 2019 AED 3,461,888; 2020 AED 3,723,888; 2021 AED 3,671,888; 2022 AED 3,650,000; 2023 AED 4,325,000; 2024 AED 4,725,000; 2025 AED 5,325,000; 2026 AED 4,500,000Sold by developer, February 2019: AED 3,560,888 (AED 2,074 per sqft)

4705 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4705, each contractTypical three-bed in Downtown Views 2 - Tower 2
240K260K2024202520262027Typical rent by year: 2024 AED 257,500; 2025 AED 270,000; 2026 AED 240,000

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 2, and where 4705 sits

All 125 3-beds →

4705 last sold in February 2019 at AED 2,074 per sqft, in line with what three-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,037). Over the last 12 months three-beds sold for AED 4,000,000 to 5,575,000, around AED 2,758 per sqft, and rent for AED 190,000 to 370,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Sep 20264,400,000
9 Sep 20264,000,000
1 Jul 20264,500,000
17 Jun 20264,700,000
7 3-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 →

Other units on the 47th floor

All 489 units in Downtown Views 2 - Tower 2
Value
47011-bedAED 1.35M · May 2018
47022-bedAED 2.09M · Aug 2019
47031-bedAED 1.3M · Jun 2022
47041-bedAED 2M · Dec 2024
47063-bedAED 4.25M · Aug 2023
47072-bedAED 2.52M · May 2018
47083-bedAED 3.71M · Jul 2019
1–7 of 8

4705, Downtown Views 2 - Tower 2 in numbers

  • Sold once: by Emaar on 4 February 2019 for AED 3,560,888, or AED 2,074 per sqft.
  • Three-beds in Downtown Views 2 - Tower 2 sold for AED 4,000,000–5,575,000 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 4 February 2019.

Questions about 4705, Downtown Views 2 - Tower 2

What did unit 4705 last sell for?

AED 3,560,888 on 4 February 2019, sold by the developer: AED 2,074 per sqft for 1,717 sqft. It is the only registered sale of the unit.

How big is unit 4705?

1,717 sqft (159.5 sqm): a three-bedroom apartment on the 47th floor of a 57-storey tower completed in 2022.

What is unit 4705 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 2 sold for AED 4,000,000 to 5,575,000 in the last 12 months, around AED 2,758 per sqft.

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Mortgage on 4705, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 3.56M, 4 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,560,888
Deposit, UAE resident (20%)
AED 712,178
Deposit, non-resident (40%)
AED 1,424,355
Monthly over 25 years at 3.7%
AED 14,569

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