2-bed · 1,220 sqftDowntown Views, Downtown Dubai · 10th floor · completed 2021

1004, Downtown Views

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 2.51M28 January 2016
Current rentAED 150K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Downtown Views

What is 1004 worth today?

Last sold for AED 2,513,888 in 2016

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1 Feb 2023RentedNew contract
AED 150,000/yr12 months · AED 123 per sqft
1 Dec 2021RentedNew contract
AED 135,000/yr12 months · AED 111 per sqft
28 Jan 2016Sold by developerOff-plan
AED 2,513,888AED 2,060 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
10th of 59
Parking
P4-119
Developer
Emaar
Completed
2021
Service charge
AED 25,200 /yr
Last sold
AED 2.51M · January 2016

About 1004, Downtown Views

1004 is a two-bedroom apartment of 1,220 sqft on the 10th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 28 January 2016 for AED 2,513,888, or AED 2,060 per sqft, 10% above the AED 1,865 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 February 2023, is AED 150,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 25,200 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Downtown Views
3M20152018202120242027Typical sale price by year: 2015 AED 2,457,888; 2016 AED 2,448,888; 2017 AED 2,312,888; 2018 AED 2,305,973; 2019 AED 2,386,888; 2020 AED 2,397,888; 2021 AED 2,579,388; 2022 AED 2,750,000; 2023 AED 3,000,000; 2024 AED 3,250,000; 2025 AED 3,512,500; 2026 AED 3,200,000Sold by developer, January 2016: AED 2,513,888 (AED 2,060 per sqft)

1004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Downtown Views
150K175K2021202320252027Typical rent by year: 2021 AED 150,000; 2022 AED 155,000; 2023 AED 171,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 180,000New contract, December 2021: AED 135,000 a yearNew contract, February 2023: AED 150,000 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, and where 1004 sits

All 187 2-beds →

1004 last sold in January 2016 at AED 2,060 per sqft, 10% above what two-beds in Downtown Views were fetching at the time (AED 1,865). Over the last 12 months two-beds sold for AED 2,800,000 to 3,700,000, around AED 2,430 per sqft, and rent for AED 145,000 to 285,000 a year. 1004's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20263,000,000
29 Oct 20263,100,000
9 Oct 20262,800,000
8 Sep 20263,450,000
10 2-bed sales in the last 12 months

Downtown Views

Building

430 apartments, 1-bed to 4-bed over 59 floors in Downtown Dubai, completed in 2021 by Emaar. 34 sold in the last 12 months.

Typical price per sqft
AED 2,672 Down 0.5%
Typical sale
AED 3.05M
Typical rent
AED 174K /yr
Typical yield
5.3%
Downtown Views, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 430 units in Downtown Views
Value
10011-bedAED 1.48M · Oct 2019
10021-bedAED 1.9M · May 2023
10032-bedAED 2.8M · Oct 2026
10053-bedAED 3.63M · Aug 2015
10063-bedAED 3.65M · Feb 2022
10072-bedAED 2.51M · Jan 2016
10082-bedAED 2.09M · May 2015
1–7 of 9

1004, Downtown Views in numbers

  • Sold once: by Emaar on 28 January 2016 for AED 2,513,888, or AED 2,060 per sqft.
  • Rented since December 2021 on 2 Ejari contracts, from AED 135,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 25,200 a year (AED 20.64 per sqft).
  • Two-beds in Downtown Views sold for AED 2,800,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,672 per sqft.

Source: Dubai Land Department. Updated 1 February 2023.

Questions about 1004, Downtown Views

What did unit 1004 last sell for?

AED 2,513,888 on 28 January 2016, sold by the developer: AED 2,060 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 150,000 a year on the contract signed on 1 February 2023. The previous contract, from December 2021, was AED 135,000.

How big is unit 1004?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 10th floor of a 59-storey tower completed in 2021.

What is unit 1004 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 sold for AED 2,800,000 to 3,700,000 in the last 12 months, around AED 2,430 per sqft.

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Mortgage on 1004, Downtown Views

Starts from the last sale price (AED 2.51M, 28 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,513,888
Deposit, UAE resident (20%)
AED 502,778
Deposit, non-resident (40%)
AED 1,005,555
Monthly over 25 years at 3.7%
AED 10,285

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