1-bed · 735 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 40th floor · completed 2022

4002, Downtown Views 2 - Tower 1

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

Unit 4002 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 1.36M15 February 2017
Current rentAED 110K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Downtown Views 2 - Tower 1

What is 4002 worth today?

Last sold for AED 1,363,888 in 2017

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12 Jul 2024RentedNew contract
AED 110,000/yr12 months · AED 150 per sqft
15 Feb 2017Sold by developerOff-plan
AED 1,363,888AED 1,855 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2024.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
40th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.36M · February 2017

About 4002, Downtown Views 2 - Tower 1

4002 is a one-bedroom apartment of 735 sqft on the 40th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 15 February 2017 for AED 1,363,888, or AED 1,855 per sqft, in line with the AED 1,813 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 July 2024. The current contract, signed on 12 July 2024, is AED 110,000 a year: a gross yield of 8.1% on the 2017 price.

Sales and rents for 4002 over time

Sales
Unit 4002, 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, February 2017: AED 1,363,888 (AED 1,855 per sqft)

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

Rents
Unit 4002, 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, July 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 4002 sits

All 154 1-beds →

4002 last sold in February 2017 at AED 1,855 per sqft, in line with what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,813). 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. 4002'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 40th floor

All 575 units in Downtown Views 2 - Tower 1
Value
40011-bedAED 1.24M · Feb 2017
4003AED 1.82M · Nov 2025
40041-bedAED 1.24M · Feb 2017
40052-bedAED 3.3M · Dec 2024
4006AED 5.2M · Dec 2025
40073-bedAED 3.67M · Aug 2022
40083-bedAED 3.56M · Feb 2017
1–7 of 9

4002, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 15 February 2017 for AED 1,363,888, or AED 1,855 per sqft.
  • Rented since July 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 12 July 2024.

Questions about 4002, Downtown Views 2 - Tower 1

What did unit 4002 last sell for?

AED 1,363,888 on 15 February 2017, sold by the developer: AED 1,855 per sqft for 735 sqft. It is the only registered sale of the unit.

What is the rent for unit 4002?

AED 110,000 a year on the contract signed on 12 July 2024.

How big is unit 4002?

735 sqft (68.3 sqm): a one-bedroom apartment on the 40th floor of a 62-storey tower completed in 2022.

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 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 4002, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.36M, 15 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,363,888
Deposit, UAE resident (20%)
AED 272,778
Deposit, non-resident (40%)
AED 545,555
Monthly over 25 years at 3.7%
AED 5,580

Plus AED 62,294 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →