1-bed · 735 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 37th floor · completed 2022

3703, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in March 2017, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3703 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 1.36M8 March 2017
Current rentAED 110K /yr26 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3703, Downtown Views 2 - Tower 1

What is 3703 worth today?

Last sold for AED 1,356,888 in 2017

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26 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 149 per sqft
8 Mar 2017Sold by developerOff-plan
AED 1,356,888AED 1,845 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2024.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
37th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.36M · March 2017

About 3703, Downtown Views 2 - Tower 1

3703 is a one-bedroom apartment of 735 sqft on the 37th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 8 March 2017 for AED 1,356,888, or AED 1,845 per sqft, in line with the AED 1,814 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 April 2024. The current contract, signed on 26 April 2024, is AED 110,000 a year: a gross yield of 8.1% on the 2017 price.

Sales and rents for 3703 over time

Sales
Unit 3703, each saleTypical one-bed in Downtown Views 2 - Tower 1
1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,301,888; 2018 AED 1,351,888; 2019 AED 1,585,388; 2020 AED 1,531,888; 2021 AED 1,492,389; 2022 AED 1,350,000; 2023 AED 1,627,500; 2024 AED 1,925,000; 2025 AED 2,026,500Sold by developer, March 2017: AED 1,356,888 (AED 1,845 per sqft)

3703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3703, each contractTypical one-bed in Downtown Views 2 - Tower 1
110K120K20232024202520262027Typical rent by year: 2023 AED 112,500; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 125,000New contract, April 2024: AED 110,000 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 2 - Tower 1, and where 3703 sits

All 154 1-beds →

3703 last sold in March 2017 at AED 1,845 per sqft, in line with what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,814). Over the last 12 months one-beds sold for AED 2,100,000 to 2,175,000, around AED 2,843 per sqft, and rent for AED 108,000 to 150,000 a year. 3703's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20262,100,000
18 Dec 20252,175,000
17 Dec 20252,100,000
15 Jul 20252,000,000
3 1-bed sales in the last 12 months

Downtown Views 2 - Tower 1

Building

575 apartments, 1-bed to 4-bed over 62 floors in Downtown Dubai, completed in 2022 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,843
Typical sale
AED 3.2M
Typical rent
AED 170K /yr
Typical yield
5.6%
Downtown Views 2 - Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 37th floor

All 575 units in Downtown Views 2 - Tower 1
Value
37011-bedAED 1.83M · Jan 2024
37021-bedAED 1.36M · Mar 2017
37041-bedAED 1.24M · Mar 2017
37052-bedAED 2.11M · Mar 2017
37063-bedAED 4.18M · Jan 2024
37073-bedAED 3.49M · Feb 2017
37083-bedAED 3.53M · Mar 2017
1–7 of 9

3703, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 8 March 2017 for AED 1,356,888, or AED 1,845 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2017 price is 8.1%.
  • One-beds in Downtown Views 2 - Tower 1 sold for AED 2,100,000–2,175,000 in the 12 months to November 2026; the building's median across all types is AED 2,843 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2024.

Questions about 3703, Downtown Views 2 - Tower 1

What did unit 3703 last sell for?

AED 1,356,888 on 8 March 2017, sold by the developer: AED 1,845 per sqft for 735 sqft. It is the only registered sale of the unit.

What is the rent for unit 3703?

AED 110,000 a year on the contract signed on 26 April 2024.

How big is unit 3703?

735 sqft (68.3 sqm): a one-bedroom apartment on the 37th floor of a 62-storey tower completed in 2022.

What is unit 3703 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 2 - Tower 1 sold for AED 2,100,000 to 2,175,000 in the last 12 months, around AED 2,843 per sqft.

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Mortgage on 3703, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.36M, 8 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,356,888
Deposit, UAE resident (20%)
AED 271,378
Deposit, non-resident (40%)
AED 542,755
Monthly over 25 years at 3.7%
AED 5,551

Plus AED 62,000 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →