2-bed · 1,313 sqftDowntown Views, Downtown Dubai · 40th floor · completed 2021

4003, Downtown Views

Sold prices and rental history: sold twice, last in December 2022, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 2.67M15 December 2022
Current rentAED 140K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, Downtown Views

What is 4003 worth today?

Last sold for AED 2,670,000 in 2022

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15 Dec 2022SoldReady
AED 2,670,000AED 2,034 per sqft
5 Dec 2021RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
10 Jun 2015Sold by developerOff-plan
AED 2,444,888AED 1,862 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
2-bed apartment
Size
1,313 sqft
Floor
40th of 59
Parking
P4-107
Developer
Emaar
Completed
2021
Service charge
AED 27,100 /yr
Last sold
AED 2.67M · December 2022

About 4003, Downtown Views

4003 is a two-bedroom apartment of 1,313 sqft on the 40th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 15 December 2022 for AED 2,670,000, or AED 2,034 per sqft, in line with the AED 2,034 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 December 2021. The current contract, signed on 5 December 2021, is AED 140,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 27,100 a year.

Sales and rents for 4003 over time

Sales
Unit 4003, 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, June 2015: AED 2,444,888 (AED 1,862 per sqft)Sold, December 2022: AED 2,670,000 (AED 2,034 per sqft)

4003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4003, 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 140,000 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 4003 sits

All 187 2-beds →

4003 last sold in December 2022 at AED 2,034 per sqft, in line with what two-beds in Downtown Views were fetching at the time (AED 2,034). 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. 4003's AED 140,000 is at the bottom 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 40th floor

All 430 units in Downtown Views
Value
40011-bedAED 1.65M · Sep 2022
40021-bedAED 2.4M · Jan 2024
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

4003, Downtown Views in numbers

  • Sold twice: first on 10 June 2015 for AED 2,444,888, last on 15 December 2022 for AED 2,670,000 (AED 2,034 per sqft).
  • Rented since December 2021 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 27,100 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 15 December 2022.

Questions about 4003, Downtown Views

What did unit 4003 last sell for?

AED 2,670,000 on 15 December 2022: AED 2,034 per sqft for 1,313 sqft. The unit has 2 registered sales; the first was AED 2,444,888 in June 2015.

What is the rent for unit 4003?

AED 140,000 a year on the contract signed on 5 December 2021.

How big is unit 4003?

1,313 sqft (122.0 sqm): a two-bedroom apartment on the 40th floor of a 59-storey tower completed in 2021.

What is unit 4003 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 4003, Downtown Views

Starts from the last sale price (AED 2.67M, 15 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,670,000
Deposit, UAE resident (20%)
AED 534,000
Deposit, non-resident (40%)
AED 1,068,000
Monthly over 25 years at 3.7%
AED 10,924

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