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3-bed · 1,812 sqftDowntown Views, Downtown Dubai · 45th floor · completed 2021

4504, Downtown Views

Sold prices and rental history: sold 4 times, last in May 2023, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4504 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 5.25M9 May 2023
Current rentAED 250K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4504, Downtown Views

What is 4504 worth today?

Last sold for AED 5,250,000 in 2023

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9 May 2023SoldReady
AED 5,250,000AED 2,896 per sqft
1 Jun 2022RentedNew contract
AED 250,000/yr12 months · AED 138 per sqft
16 Mar 2022SoldReady
AED 4,200,000AED 2,317 per sqft
30 Jun 2020SoldOff-plan
AED 2,650,000AED 1,462 per sqft
10 Jun 2015Sold by developerOff-plan
AED 4,086,888AED 2,254 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
3-bed apartment
Size
1,812 sqft
Floor
45th of 59
Parking
P4-64, P4-65
Developer
Emaar
Completed
2021
Service charge
AED 37,400 /yr
Last sold
AED 5.25M · May 2023
Building
Downtown Views

About 4504, Downtown Views

4504 is a three-bedroom apartment of 1,812 sqft on the 45th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 9 May 2023 for AED 5,250,000, or AED 2,896 per sqft, 11% above the AED 2,617 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2022. The current contract, signed on 1 June 2022, is AED 250,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 37,400 a year.

Sales and rents for 4504 over time

Sales
Unit 4504, each saleTypical three-bed in Downtown Views
4M6M20152018202120242027Typical sale price by year: 2015 AED 3,823,888; 2016 AED 3,994,888; 2019 AED 3,679,888; 2020 AED 3,954,888; 2021 AED 3,800,000; 2022 AED 4,200,000; 2023 AED 4,725,000; 2024 AED 5,800,000; 2025 AED 5,800,000; 2026 AED 6,200,000Sold by developer, June 2015: AED 4,086,888 (AED 2,254 per sqft)Sold, June 2020: AED 2,650,000 (AED 1,462 per sqft)Sold, March 2022: AED 4,200,000 (AED 2,317 per sqft)Sold, May 2023: AED 5,250,000 (AED 2,896 per sqft)

4504 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4504, each contractTypical three-bed in Downtown Views
250K2021202320252027Typical rent by year: 2021 AED 215,000; 2022 AED 240,000; 2023 AED 255,000; 2024 AED 270,000; 2025 AED 280,000; 2026 AED 270,000New contract, June 2022: AED 250,000 a year

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

3-beds in Downtown Views, and where 4504 sits

All 118 3-beds →

4504 last sold in May 2023 at AED 2,896 per sqft, 11% above what three-beds in Downtown Views were fetching at the time (AED 2,617). Over the last 12 months three-beds sold for AED 4,900,000 to 6,500,000, around AED 3,519 per sqft, and rent for AED 175,000 to 360,000 a year. 4504's AED 250,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Oct 20266,400,000
13 Oct 20264,900,000
29 Sep 20266,250,000
14 Sep 20266,250,000
11 3-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 45th floor

All 430 units in Downtown Views
Value
45012-bedAED 3.27M · Mar 2023
45022-bedAED 3.7M · Apr 2026
45033-bedAED 4.45M · Jan 2023
45053-bedAED 4.4M · Feb 2022
45063-bedAED 3.27M · Jun 2021
45072-bedAED 3.1M · Oct 2026
45082-bedAED 2.44M · Aug 2015

4504, Downtown Views in numbers

  • Sold 4 times: first on 10 June 2015 for AED 4,086,888, last on 9 May 2023 for AED 5,250,000 (AED 2,896 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 37,400 a year (AED 20.64 per sqft).
  • Three-beds in Downtown Views sold for AED 4,900,000–6,500,000 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 9 May 2023.

Questions about 4504, Downtown Views

What did unit 4504 last sell for?

AED 5,250,000 on 9 May 2023: AED 2,896 per sqft for 1,812 sqft. The unit has 4 registered sales; the first was AED 4,086,888 in June 2015.

What is the rent for unit 4504?

AED 250,000 a year on the contract signed on 1 June 2022.

How big is unit 4504?

1,812 sqft (168.3 sqm): a three-bedroom apartment on the 45th floor of a 59-storey tower completed in 2021.

What is unit 4504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Downtown Views sold for AED 4,900,000 to 6,500,000 in the last 12 months, around AED 3,519 per sqft.

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Mortgage on 4504, Downtown Views

Starts from the last sale price (AED 5.25M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,250,000
Deposit, UAE resident (20%)
AED 1,050,000
Deposit, non-resident (40%)
AED 2,100,000
Monthly over 25 years at 3.7%
AED 21,479

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