408, Downtown Views 2 - Tower 1
Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Downtown Views 2 - Tower 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 28 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,112 sqft
- Floor
- 4th of 62
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.2M · March 2017
- Building
- Downtown Views 2 - Tower 1
About 408, Downtown Views 2 - Tower 1
408 is a two-bedroom apartment of 1,112 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 22 March 2017 for AED 2,199,888, or AED 1,978 per sqft, in line with the AED 1,960 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 28 August 2025, is AED 150,150 a year: a gross yield of 6.8% on the 2017 price.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 247 2-beds →408 last sold in March 2017 at AED 1,978 per sqft, in line with what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,960). 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. 408's AED 150,150 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,109 sqft | 3,300,000 | 2,975 | ||
| 29 Dec 202529 December 2025 | 1,167 sqft | 2,900,000 | 2,484 | ||
| 28 Jul 202528 July 2025 | 1,156 sqft | 3,150,000 | 2,725 | ||
| 15 Jul 202515 July 2025 | 1,703 sqft | 3,550,000 | 2,084 |
Downtown Views 2 - Tower 1
Building575 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%
Other units on the 4th floor
All 575 units in Downtown Views 2 - Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,168 sqft | AED 1.85MAED 1,850,888 · Mar 2017March 2017 | 155,925 /yr | |
| 402 | 1-bed | 744 sqft | AED 1.27MAED 1,274,888 · Feb 2017February 2017 | 120,000 /yr | |
| 403 | 1-bed | 372 sqft | AED 1.27MAED 1,274,888 · Apr 2017April 2017 | 120,000 /yr | |
| 404 | 2-bed | 1,167 sqft | AED 1.85MAED 1,850,888 · Jul 2023July 2023 | 155,000 /yr | |
| 405 | 3-bed | 1,891 sqft | AED 4.85MAED 4,850,000 · Jan 2025January 2025 | ||
| 406 | 2-bed | 1,155 sqft | AED 2.24MAED 2,238,888 · Mar 2017March 2017 | 150,150 /yr | |
| 407 | 2-bed | 1,094 sqft | AED 2.15MAED 2,152,888 · Apr 2017April 2017 | 150,150 /yr | |
| 409 | 2-bed | 1,202 sqft | AED 2.2MAED 2,201,888 · Mar 2017March 2017 | 160,000 /yr | |
| 410 | 3-bed | 1,828 sqft | AED 4.25MAED 4,250,000 · Jul 2023July 2023 |
408, Downtown Views 2 - Tower 1 in numbers
- Sold once: by Emaar on 22 March 2017 for AED 2,199,888, or AED 1,978 per sqft.
- Rented since August 2024 on 2 Ejari contracts, from AED 143,000 to AED 150,150 a year.
- At AED 150,150 a year the gross yield on the 2017 price is 6.8%.
- 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 28 August 2025.
Questions about 408, Downtown Views 2 - Tower 1
What did unit 408 last sell for?
AED 2,199,888 on 22 March 2017, sold by the developer: AED 1,978 per sqft for 1,112 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 150,150 a year on the contract renewed on 28 August 2025. The previous contract, from August 2024, was AED 143,000.
How big is unit 408?
1,112 sqft (103.3 sqm): a two-bedroom apartment on the 4th floor of a 62-storey tower completed in 2022.
What is unit 408 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 408, Downtown Views 2 - Tower 1
Starts from the last sale price (AED 2.2M, 22 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,199,888
- Deposit, UAE resident (20%)
- AED 439,978
- Deposit, non-resident (40%)
- AED 879,955
- Monthly over 25 years at 3.7%
- AED 9,000
Plus AED 97,406 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →