2-bed · 1,157 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 57th floor · completed 2022

5704, Downtown Views 2 - Tower 1

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5704 · DLD and Ejari recordsUpdated 30 January 2023
Last soldAED 2.58M30 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5704, Downtown Views 2 - Tower 1

What is 5704 worth today?

Last sold for AED 2,580,000 in 2023

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30 Jan 2023SoldReady
AED 2,580,000AED 2,229 per sqft
22 Sep 2021Sold by developerOff-plan
AED 2,292,888AED 1,979 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 January 2023.

Key facts

Type
2-bed apartment
Size
1,157 sqft
Floor
57th of 62
Parking
G-160
Developer
Emaar
Completed
2022
Last sold
AED 2.58M · January 2023

About 5704, Downtown Views 2 - Tower 1

5704 is a two-bedroom apartment of 1,157 sqft on the 57th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 30 January 2023 for AED 2,580,000, or AED 2,229 per sqft, 14% above the AED 1,954 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5704 over time

Sales
Unit 5704, each saleTypical two-bed in Downtown Views 2 - Tower 1
2M2.5M3M2017202020232026Typical 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, September 2021: AED 2,292,888 (AED 1,979 per sqft)Sold, January 2023: AED 2,580,000 (AED 2,229 per sqft)

5704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5704, each contractTypical two-bed in Downtown Views 2 - Tower 1
170K175K2024202520262027Typical rent by year: 2024 AED 168,750; 2025 AED 175,000; 2026 AED 177,500

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 5704 sits

All 247 2-beds →

5704 last sold in January 2023 at AED 2,229 per sqft, 14% above what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,954). 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.

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 170K /yr
Typical yield
5.6%
Downtown Views 2 - Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 57th floor

All 575 units in Downtown Views 2 - Tower 1
Value
57012-bedAED 2.29M · Nov 2019
57021-bedAED 1.59M · Jun 2020
57031-bedAED 2M · Jan 2024
57054-bedAED 5.66M · Dec 2021
57063-bedAED 5.8M · Feb 2025
57073-bedAED 4.42M · Dec 2020
5708AED 10M · Jun 2024

5704, Downtown Views 2 - Tower 1 in numbers

  • Sold twice: first on 22 September 2021 for AED 2,292,888, last on 30 January 2023 for AED 2,580,000 (AED 2,229 per sqft).
  • 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: YallaValue analysis of Dubai Land Department records. Updated 30 January 2023.

Questions about 5704, Downtown Views 2 - Tower 1

What did unit 5704 last sell for?

AED 2,580,000 on 30 January 2023: AED 2,229 per sqft for 1,157 sqft. The unit has 2 registered sales; the first was AED 2,292,888 in September 2021.

How big is unit 5704?

1,157 sqft (107.5 sqm): a two-bedroom apartment on the 57th floor of a 62-storey tower completed in 2022.

What is unit 5704 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 5704, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 2.58M, 30 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,580,000
Deposit, UAE resident (20%)
AED 516,000
Deposit, non-resident (40%)
AED 1,032,000
Monthly over 25 years at 3.7%
AED 10,556

Plus AED 113,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →