1-bed · 884 sqftDowntown Views, Downtown Dubai · 40th floor · completed 2021

4002, Downtown Views

Sold prices and rental history: sold twice, last in January 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 22 January 2024
Last soldAED 2.4M22 January 2024
Current rentAED 100K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Downtown Views

What is 4002 worth today?

Last sold for AED 2,400,000 in 2024

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22 Jan 2024SoldReady
AED 2,400,000AED 2,716 per sqft
1 Apr 2023RentedRenewal
AED 100,000/yr12 months · AED 113 per sqft
1 Apr 2022RentedNew contract
AED 100,000/yr12 months · AED 113 per sqft
18 Jun 2015Sold by developerOff-plan
AED 1,647,888AED 1,865 per sqft

Source: Dubai Land Department. Updated 22 January 2024.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
40th of 59
Parking
P5-150
Developer
Emaar
Completed
2021
Service charge
AED 18,200 /yr
Last sold
AED 2.4M · January 2024

About 4002, Downtown Views

4002 is a one-bedroom apartment of 884 sqft on the 40th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 22 January 2024 for AED 2,400,000, or AED 2,716 per sqft, 23% above the AED 2,209 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 100,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 18,200 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, each saleTypical one-bed in Downtown Views
1.5M2M2.5M20152018202120242027Typical sale price by year: 2015 AED 1,561,888; 2016 AED 1,539,888; 2017 AED 1,566,888; 2018 AED 1,300,000; 2019 AED 1,539,388; 2020 AED 1,368,444; 2021 AED 1,550,000; 2022 AED 1,650,000; 2023 AED 1,920,000; 2024 AED 2,215,000; 2025 AED 2,322,500; 2026 AED 2,300,000Sold by developer, June 2015: AED 1,647,888 (AED 1,865 per sqft)Sold, January 2024: AED 2,400,000 (AED 2,716 per sqft)

4002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4002, each contractTypical one-bed in Downtown Views
80K100K120K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 96,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, April 2022: AED 100,000 a yearRenewal, April 2023: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Downtown Views, and where 4002 sits

All 165 1-beds →

4002 last sold in January 2024 at AED 2,716 per sqft, 23% above what one-beds in Downtown Views were fetching at the time (AED 2,209). Over the last 12 months one-beds sold for AED 2,000,000 to 2,500,000, around AED 2,656 per sqft, and rent for AED 90,000 to 155,000 a year. 4002's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20262,435,000
24 Sep 20262,200,000
16 Sep 20262,500,000
2 Jul 20262,000,000
13 1-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 40th floor

All 430 units in Downtown Views
Value
40011-bedAED 1.65M · Sep 2022
40032-bedAED 2.67M · Dec 2022
40042-bedAED 2.79M · Jan 2017
40053-bedAED 4.02M · Jun 2015
40063-bedAED 4.02M · Aug 2015
40072-bedAED 3.58M · Sep 2021
40082-bedAED 1.65M · Jul 2020
1–7 of 9

4002, Downtown Views in numbers

  • Sold twice: first on 18 June 2015 for AED 1,647,888, last on 22 January 2024 for AED 2,400,000 (AED 2,716 per sqft).
  • Rented since April 2022 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 18,200 a year (AED 20.64 per sqft).
  • One-beds in Downtown Views sold for AED 2,000,000–2,500,000 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 22 January 2024.

Questions about 4002, Downtown Views

What did unit 4002 last sell for?

AED 2,400,000 on 22 January 2024: AED 2,716 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 1,647,888 in June 2015.

What is the rent for unit 4002?

AED 100,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 100,000.

How big is unit 4002?

884 sqft (82.1 sqm): a one-bedroom apartment on the 40th floor of a 59-storey tower completed in 2021.

What is unit 4002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Downtown Views sold for AED 2,000,000 to 2,500,000 in the last 12 months, around AED 2,656 per sqft.

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Mortgage on 4002, Downtown Views

Starts from the last sale price (AED 2.4M, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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