3-bed · 1,720 sqftDowntown Views 2 - Tower 3, Downtown Dubai · 47th floor · completed 2022

4705, Downtown Views 2 - Tower 3

Sold prices and rental history: sold twice, last in January 2024, 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 16 January 2024
Last soldAED 5.05M16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4705, Downtown Views 2 - Tower 3

What is 4705 worth today?

Last sold for AED 5,050,000 in 2024

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16 Jan 2024SoldReady
AED 5,050,000AED 2,935 per sqft
9 Dec 2018Sold by developerOff-plan
AED 3,312,888AED 1,932 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
3-bed apartment
Size
1,720 sqft
Floor
47th of 49
Parking
P2-428,P2-429
Developer
Emaar
Completed
2022
Last sold
AED 5.05M · January 2024

About 4705, Downtown Views 2 - Tower 3

4705 is a three-bedroom apartment of 1,720 sqft on the 47th floor of Downtown Views 2 - Tower 3, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 16 January 2024 for AED 5,050,000, or AED 2,935 per sqft, 26% above the AED 2,334 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 3
3M4M5M2017202020232026Typical sale price by year: 2017 AED 3,345,388; 2018 AED 3,242,888; 2019 AED 3,232,388; 2020 AED 3,231,888; 2021 AED 3,827,888; 2022 AED 3,625,000; 2023 AED 3,950,000; 2024 AED 4,575,000; 2025 AED 4,900,000; 2026 AED 4,500,000Sold by developer, December 2018: AED 3,312,888 (AED 1,932 per sqft)Sold, January 2024: AED 5,050,000 (AED 2,935 per sqft)

4705 has sold twice; 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 3
260K280K2024202520262027Typical rent by year: 2024 AED 277,500; 2025 AED 285,000; 2026 AED 251,000

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 3, and where 4705 sits

All 109 3-beds →

4705 last sold in January 2024 at AED 2,935 per sqft, 26% above what three-beds in Downtown Views 2 - Tower 3 were fetching at the time (AED 2,334). Over the last 12 months three-beds sold for AED 4,000,000 to 4,950,000, around AED 2,723 per sqft, and rent for AED 100,000 to 370,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,000,000
4 Aug 20264,500,000
27 Apr 20264,650,000
25 Nov 20254,700,000
5 3-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 →

Other units on the 47th floor

All 422 units in Downtown Views 2 - Tower 3
Value
47011-bedAED 1.62M · Aug 2022
47022-bedAED 2.9M · Jul 2023
47031-bedAED 1.61M · Feb 2024
47041-bedAED 1.46M · Feb 2019
47063-bedAED 4.25M · Sep 2023
47072-bedAED 2.34M · Jul 2017
47083-bedAED 3.97M · May 2021
1–7 of 8

4705, Downtown Views 2 - Tower 3 in numbers

  • Sold twice: first on 9 December 2018 for AED 3,312,888, last on 16 January 2024 for AED 5,050,000 (AED 2,935 per sqft).
  • Three-beds in Downtown Views 2 - Tower 3 sold for AED 4,000,000–4,950,000 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 16 January 2024.

Questions about 4705, Downtown Views 2 - Tower 3

What did unit 4705 last sell for?

AED 5,050,000 on 16 January 2024: AED 2,935 per sqft for 1,720 sqft. The unit has 2 registered sales; the first was AED 3,312,888 in December 2018.

How big is unit 4705?

1,720 sqft (159.8 sqm): a three-bedroom apartment on the 47th floor of a 49-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 3 sold for AED 4,000,000 to 4,950,000 in the last 12 months, around AED 2,723 per sqft.

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Mortgage on 4705, Downtown Views 2 - Tower 3

Starts from the last sale price (AED 5.05M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,050,000
Deposit, UAE resident (20%)
AED 1,010,000
Deposit, non-resident (40%)
AED 2,020,000
Monthly over 25 years at 3.7%
AED 20,661

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