2-bed · 1,189 sqftDowntown Views, Downtown Dubai · completed 2021

405, Downtown Views

Sold prices and rental history: sold once, by the developer in August 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 31 August 2016
Last soldAED 2.04M31 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Downtown Views

What is 405 worth today?

Last sold for AED 2,043,888 in 2016

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31 Aug 2016Sold by developerOff-plan
AED 2,043,888AED 1,719 per sqft

Source: Dubai Land Department. Updated 31 August 2016.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Parking
P5-135
Developer
Emaar
Completed
2021
Service charge
AED 24,500 /yr
Last sold
AED 2.04M · August 2016

About 405, Downtown Views

405 is a two-bedroom apartment of 1,189 sqft of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 31 August 2016 for AED 2,043,888, or AED 1,719 per sqft, 5% below the AED 1,811 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Downtown Views
2M3M20152018202120242027Typical 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, August 2016: AED 2,043,888 (AED 1,719 per sqft)

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

Rents
Unit 405, 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 180,000

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 405 sits

All 187 2-beds →

405 last sold in August 2016 at AED 1,719 per sqft, 5% below what two-beds in Downtown Views were fetching at the time (AED 1,811). 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.

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 →

405, Downtown Views in numbers

  • Sold once: by Emaar on 31 August 2016 for AED 2,043,888, or AED 1,719 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 31 August 2016.

Questions about 405, Downtown Views

What did unit 405 last sell for?

AED 2,043,888 on 31 August 2016, sold by the developer: AED 1,719 per sqft for 1,189 sqft. It is the only registered sale of the unit.

How big is unit 405?

1,189 sqft (110.5 sqm): a two-bedroom apartment of a 59-storey tower completed in 2021.

What is unit 405 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 405, Downtown Views

Starts from the last sale price (AED 2.04M, 31 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,043,888
Deposit, UAE resident (20%)
AED 408,778
Deposit, non-resident (40%)
AED 817,555
Monthly over 25 years at 3.7%
AED 8,362

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