2-bed · 1,097 sqftDowntown Views 2 - Tower 3, Downtown Dubai · 4th floor · completed 2022

407, Downtown Views 2 - Tower 3

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 407 · DLD and Ejari recordsUpdated 3 February 2019
Last soldAED 2.15M3 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Downtown Views 2 - Tower 3

What is 407 worth today?

Last sold for AED 2,154,888 in 2019

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3 Feb 2019Sold by developerOff-plan
AED 2,154,888AED 1,965 per sqft

Source: Dubai Land Department. Updated 3 February 2019.

Key facts

Type
2-bed apartment
Size
1,097 sqft
Floor
4th of 49
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 2.15M · February 2019

About 407, Downtown Views 2 - Tower 3

407 is a two-bedroom apartment of 1,097 sqft on the 4th floor of Downtown Views 2 - Tower 3, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 3 February 2019 for AED 2,154,888, or AED 1,965 per sqft, 10% above the AED 1,785 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 3
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 1,993,888; 2018 AED 2,033,888; 2019 AED 2,052,888; 2020 AED 2,133,888; 2021 AED 2,382,888; 2022 AED 2,471,551; 2023 AED 2,700,000; 2024 AED 2,800,000; 2025 AED 3,000,000; 2026 AED 2,925,000Sold by developer, February 2019: AED 2,154,888 (AED 1,965 per sqft)

407 has sold once; 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 3
160K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 160,000; 2025 AED 170,000; 2026 AED 158,536

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 3, and where 407 sits

All 202 2-beds →

407 last sold in February 2019 at AED 1,965 per sqft, 10% above what two-beds in Downtown Views 2 - Tower 3 were fetching at the time (AED 1,785). Over the last 12 months two-beds sold for AED 969,944 to 3,730,000, around AED 2,584 per sqft, and rent for AED 80,000 to 300,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20263,450,000
21 Jul 20263,260,000
22 Jun 20262,925,000
17 Jun 20263,410,000
17 2-bed sales in the last 12 months

Downtown Views 2 - Tower 3

Building

422 apartments, 1-bed to 4-bed over 49 floors in Downtown Dubai, completed in 2022 by Emaar. 29 sold in the last 12 months.

Typical price per sqft
AED 2,685 Down 0.2%
Typical sale
AED 2.93M
Typical rent
AED 155K /yr
Typical yield
5.4%
Downtown Views 2 - Tower 3, Downtown Dubai: prices, sales and rents →
Value
4011-bedAED 1.25M · Jul 2017
4022-bedAED 1.91M · Mar 2019
4031-bedAED 1.51M · Feb 2022
4042-bedAED 2.5M · May 2026
4053-bedAED 4.7M · Dec 2024
4062-bedAED 2.38M · Jul 2017
4083-bedAED 4M · Sep 2026
1–7 of 8

407, Downtown Views 2 - Tower 3 in numbers

  • Sold once: by Emaar on 3 February 2019 for AED 2,154,888, or AED 1,965 per sqft.
  • Two-beds in Downtown Views 2 - Tower 3 sold for AED 969,944–3,730,000 in the 12 months to November 2026; the building's median across all types is AED 2,685 per sqft.

Source: Dubai Land Department. Updated 3 February 2019.

Questions about 407, Downtown Views 2 - Tower 3

What did unit 407 last sell for?

AED 2,154,888 on 3 February 2019, sold by the developer: AED 1,965 per sqft for 1,097 sqft. It is the only registered sale of the unit.

How big is unit 407?

1,097 sqft (101.9 sqm): a two-bedroom apartment on the 4th floor of a 49-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 3 sold for AED 969,944 to 3,730,000 in the last 12 months, around AED 2,584 per sqft.

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Mortgage on 407, Downtown Views 2 - Tower 3

Starts from the last sale price (AED 2.15M, 3 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,154,888
Deposit, UAE resident (20%)
AED 430,978
Deposit, non-resident (40%)
AED 861,955
Monthly over 25 years at 3.7%
AED 8,816

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