2-bed · 1,218 sqftDowntown Views, Downtown Dubai · 35th floor · completed 2021

3504, Downtown Views

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 2.74M10 February 2020
Current rentAED 180K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, Downtown Views

What is 3504 worth today?

Last sold for AED 2,741,888 in 2020

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1 Mar 2022RentedNew contract
AED 180,000/yr12 months · AED 148 per sqft
10 Feb 2020Sold by developerOff-plan
AED 2,741,888AED 2,251 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
2-bed apartment
Size
1,218 sqft
Floor
35th of 59
Parking
P4-106
Developer
Emaar
Completed
2021
Service charge
AED 25,100 /yr
Last sold
AED 2.74M · February 2020

About 3504, Downtown Views

3504 is a two-bedroom apartment of 1,218 sqft on the 35th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 10 February 2020 for AED 2,741,888, or AED 2,251 per sqft, 22% above the AED 1,843 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2022. The current contract, signed on 1 March 2022, is AED 180,000 a year: a gross yield of 6.6% on the 2020 price, before the service charge of about AED 25,100 a year.

Sales and rents for 3504 over time

Sales
Unit 3504, 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, February 2020: AED 2,741,888 (AED 2,251 per sqft)

3504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3504, each contractTypical two-bed in Downtown Views
160K180K2021202320252027Typical 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, March 2022: AED 180,000 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 3504 sits

All 187 2-beds →

3504 last sold in February 2020 at AED 2,251 per sqft, 22% above what two-beds in Downtown Views were fetching at the time (AED 1,843). 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. 3504's AED 180,000 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 35th floor

All 430 units in Downtown Views
Value
35011-bedAED 1.55M · Aug 2019
35021-bedAED 2.25M · Jan 2024
35032-bedAED 3.19M · Aug 2024
35053-bedAED 3.95M · Jun 2015
35063-bedAED 3.95M · May 2020
35072-bedAED 3.02M · Jun 2015
35082-bedAED 2.19M · Sep 2019
1–7 of 9

3504, Downtown Views in numbers

  • Sold once: by Emaar on 10 February 2020 for AED 2,741,888, or AED 2,251 per sqft.
  • Rented since March 2022 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2020 price is 6.6%, before a service charge of about AED 25,100 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 March 2022.

Questions about 3504, Downtown Views

What did unit 3504 last sell for?

AED 2,741,888 on 10 February 2020, sold by the developer: AED 2,251 per sqft for 1,218 sqft. It is the only registered sale of the unit.

What is the rent for unit 3504?

AED 180,000 a year on the contract signed on 1 March 2022.

How big is unit 3504?

1,218 sqft (113.2 sqm): a two-bedroom apartment on the 35th floor of a 59-storey tower completed in 2021.

What is unit 3504 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 3504, Downtown Views

Starts from the last sale price (AED 2.74M, 10 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,741,888
Deposit, UAE resident (20%)
AED 548,378
Deposit, non-resident (40%)
AED 1,096,755
Monthly over 25 years at 3.7%
AED 11,218

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