2-bed · 1,168 sqftDowntown Views 2 - Tower 1, Downtown Dubai · 6th floor · completed 2022

604, Downtown Views 2 - Tower 1

Sold prices and rental history: sold once, by the developer in May 2018, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 7 July 2024
Last soldAED 1.86M21 May 2018
Current rentAED 150K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Downtown Views 2 - Tower 1

What is 604 worth today?

Last sold for AED 1,857,888 in 2018

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7 Jul 2024RentedNew contract
AED 150,000/yr12 months · AED 128 per sqft
21 May 2018Sold by developerOff-plan
AED 1,857,888AED 1,590 per sqft

Source: Dubai Land Department. Updated 7 July 2024.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
6th of 62
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.86M · May 2018

About 604, Downtown Views 2 - Tower 1

604 is a two-bedroom apartment of 1,168 sqft on the 6th floor of Downtown Views 2 - Tower 1, a 62-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 21 May 2018 for AED 1,857,888, or AED 1,590 per sqft, 4% below the AED 1,655 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 July 2024. The current contract, signed on 7 July 2024, is AED 150,000 a year: a gross yield of 8.1% on the 2018 price.

Sales and rents for 604 over time

Sales
Unit 604, 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, May 2018: AED 1,857,888 (AED 1,590 per sqft)

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

Rents
Unit 604, each contractTypical two-bed in Downtown Views 2 - Tower 1
160K180K2024202520262027Typical rent by year: 2024 AED 168,750; 2025 AED 175,000; 2026 AED 177,500New contract, July 2024: AED 150,000 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 604 sits

All 247 2-beds →

604 last sold in May 2018 at AED 1,590 per sqft, 4% below what two-beds in Downtown Views 2 - Tower 1 were fetching at the time (AED 1,655). 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. 604's AED 150,000 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 170K /yr
Typical yield
5.6%
Downtown Views 2 - Tower 1, Downtown Dubai: prices, sales and rents →
Value
6012-bedAED 1.63M · Nov 2021
6021-bedAED 1.6M · Jul 2023
6031-bedAED 1.28M · Feb 2017
6053-bedAED 3M · Feb 2022
6062-bedAED 2.26M · Mar 2017
6072-bedAED 3.9M · Oct 2024
6082-bedAED 1.36M · Aug 2023
1–7 of 9

604, Downtown Views 2 - Tower 1 in numbers

  • Sold once: by Emaar on 21 May 2018 for AED 1,857,888, or AED 1,590 per sqft.
  • Rented since July 2024 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2018 price is 8.1%.
  • 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 7 July 2024.

Questions about 604, Downtown Views 2 - Tower 1

What did unit 604 last sell for?

AED 1,857,888 on 21 May 2018, sold by the developer: AED 1,590 per sqft for 1,168 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 150,000 a year on the contract signed on 7 July 2024.

How big is unit 604?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 6th floor of a 62-storey tower completed in 2022.

What is unit 604 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 604, Downtown Views 2 - Tower 1

Starts from the last sale price (AED 1.86M, 21 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,857,888
Deposit, UAE resident (20%)
AED 371,578
Deposit, non-resident (40%)
AED 743,155
Monthly over 25 years at 3.7%
AED 7,601

Plus AED 83,042 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →