1-bed · 692 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 47th floor · completed 2022

4704, Downtown Views 2 - Tower 1

Sold prices and rental history: sold twice, last in November 2022, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4704 · DLD and Ejari recordsUpdated 24 May 2025
Last soldAED 1.5M16 November 2022
Current rentAED 118K /yr24 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4704, Downtown Views 2 - Tower 1

What is 4704 worth today?

Last sold for AED 1,500,000 in 2022

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24 May 2025RentedRenewal
AED 118,000/yr12 months · AED 171 per sqft
16 Nov 2022SoldOff-plan
AED 1,500,000AED 2,166 per sqft
14 Feb 2017Sold by developerOff-plan
AED 1,257,888AED 1,845 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2025.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
47th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.5M · November 2022

About 4704, Downtown Views 2 - Tower 1

4704 is a one-bedroom apartment of 692 sqft on the 47th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 16 November 2022 for AED 1,500,000, or AED 2,166 per sqft, in line with the AED 2,106 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 May 2025. The current contract, renewed on 24 May 2025, is AED 118,000 a year: a gross yield of 7.9% on the 2022 price.

Sales and rents for 4704 over time

Sales
Unit 4704, 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 1,257,888 (AED 1,845 per sqft)Sold, November 2022: AED 1,500,000 (AED 2,166 per sqft)

4704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4704, 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 125,000Renewal, May 2025: AED 118,000 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 4704 sits

All 154 1-beds →

4704 last sold in November 2022 at AED 2,166 per sqft, in line with what one-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 2,106). 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. 4704's AED 118,000 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 47th floor

All 575 units in Downtown Views 2 - Tower 1
Value
47011-bedAED 1.26M · Feb 2017
47021-bedAED 2M · Jul 2025
47031-bedAED 1.38M · Mar 2017
47052-bedAED 2.6M · May 2023
4706AED 5M · Sep 2025
4707AED 5.2M · Oct 2025
47083-bedAED 4.3M · Sep 2023
1–7 of 9

4704, Downtown Views 2 - Tower 1 in numbers

  • Sold twice: first on 14 February 2017 for AED 1,257,888, last on 16 November 2022 for AED 1,500,000 (AED 2,166 per sqft).
  • Rented since May 2025 on one Ejari contract, at AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2022 price is 7.9%.
  • 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 24 May 2025.

Questions about 4704, Downtown Views 2 - Tower 1

What did unit 4704 last sell for?

AED 1,500,000 on 16 November 2022: AED 2,166 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 1,257,888 in February 2017.

What is the rent for unit 4704?

AED 118,000 a year on the contract renewed on 24 May 2025.

How big is unit 4704?

692 sqft (64.3 sqm): a one-bedroom apartment on the 47th floor of a 62-storey tower completed in 2022.

What is unit 4704 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 4704, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.5M, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →