2-bed · 1,167 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 4th floor · completed 2022

404, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in July 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 1.85M24 July 2023
Current rentAED 155K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Downtown Views 2 - Tower 1

What is 404 worth today?

Last sold for AED 1,850,888 in 2023

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2 May 2025RentedNew contract
AED 155,000/yr12 months · AED 133 per sqft
28 Oct 2024RentedNew contract
AED 145,000/yr12 months · AED 125 per sqft
24 Jul 2023Sold by developerReady
AED 1,850,888AED 1,585 per sqft

Source: Dubai Land Department. Updated 2 May 2025.

Key facts

Type
2-bed apartment
Size
1,167 sqft
Floor
4th of 62
Parking
G-252
Developer
Emaar
Completed
2022
Last sold
AED 1.85M · July 2023

About 404, Downtown Views 2 - Tower 1

404 is a two-bedroom apartment of 1,167 sqft on the 4th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 24 July 2023 for AED 1,850,888, or AED 1,585 per sqft, 22% below the AED 2,039 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 2 May 2025, is AED 155,000 a year: a gross yield of 8.4% on the 2023 price.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Downtown Views 2 - Tower 1
2M3M2017202020232026Typical sale price by year: 2017 AED 2,209,888; 2018 AED 2,133,799; 2019 AED 2,137,888; 2020 AED 2,310,388; 2021 AED 2,568,888; 2022 AED 2,250,000; 2023 AED 2,500,000; 2024 AED 2,912,500; 2025 AED 3,210,000Sold by developer, July 2023: AED 1,850,888 (AED 1,585 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Downtown Views 2 - Tower 1
140K160K180K2024202520262027Typical rent by year: 2024 AED 168,750; 2025 AED 175,000; 2026 AED 177,500New contract, October 2024: AED 145,000 a yearNew contract, May 2025: AED 155,000 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 2 - Tower 1, and where 404 sits

All 247 2-beds →

404 last sold in July 2023 at AED 1,585 per sqft, 22% below what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,039). Over the last 12 months two-beds sold for AED 2,900,000 to 3,300,000, around AED 2,739 per sqft, and rent for AED 155,000 to 210,000 a year. 404's AED 155,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20263,300,000
29 Dec 20252,900,000
28 Jul 20253,150,000
15 Jul 20253,550,000
3 2-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 173K /yr
Typical yield
5.6%
Downtown Views 2 - Tower 1, Downtown Dubai: prices, sales and rents →
Value
4012-bedAED 1.85M · Mar 2017
4021-bedAED 1.27M · Feb 2017
4031-bedAED 1.27M · Apr 2017
4053-bedAED 4.85M · Jan 2025
4062-bedAED 2.24M · Mar 2017
4072-bedAED 2.15M · Apr 2017
4082-bedAED 2.2M · Mar 2017
1–7 of 9

404, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 24 July 2023 for AED 1,850,888, or AED 1,585 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 145,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 8.4%.
  • Two-beds in Downtown Views 2 - Tower 1 sold for AED 2,900,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,843 per sqft.

Source: Dubai Land Department. Updated 2 May 2025.

Questions about 404, Downtown Views 2 - Tower 1

What did unit 404 last sell for?

AED 1,850,888 on 24 July 2023, sold by the developer: AED 1,585 per sqft for 1,167 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 155,000 a year on the contract signed on 2 May 2025. The previous contract, from October 2024, was AED 145,000.

How big is unit 404?

1,167 sqft (108.4 sqm): a two-bedroom apartment on the 4th floor of a 62-storey tower completed in 2022.

What is unit 404 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 2 - Tower 1 sold for AED 2,900,000 to 3,300,000 in the last 12 months, around AED 2,739 per sqft.

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Mortgage on 404, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.85M, 24 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,888
Deposit, UAE resident (20%)
AED 370,178
Deposit, non-resident (40%)
AED 740,355
Monthly over 25 years at 3.7%
AED 7,573

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