2-bed · 1,217 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 14th floor · completed 2022

1404, Downtown Views 2 - Tower 2

Sold prices and rental history: sold once, by the developer in August 2017, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.92M30 August 2017
Current rentAED 163K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Downtown Views 2 - Tower 2

What is 1404 worth today?

Last sold for AED 1,915,888 in 2017

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15 Oct 2024RentedRenewal
AED 162,750/yr12 months · AED 136 per sqft
30 Aug 2017Sold by developerOff-plan
AED 1,915,888AED 1,573 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
14th of 57
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.92M · August 2017

About 1404, Downtown Views 2 - Tower 2

1404 is a two-bedroom apartment of 1,217 sqft on the 14th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 30 August 2017 for AED 1,915,888, or AED 1,573 per sqft, 8% below the AED 1,710 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2024. The current contract, renewed on 15 October 2024, is AED 162,750 a year: a gross yield of 8.5% on the 2017 price.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical two-bed in Downtown Views 2 - Tower 2
2M3M2017202020232026Typical sale price by year: 2017 AED 1,987,888; 2018 AED 2,194,888; 2019 AED 2,072,388; 2020 AED 2,096,888; 2021 AED 2,213,888; 2022 AED 2,190,888; 2023 AED 2,650,000; 2024 AED 2,950,000; 2025 AED 3,250,000Sold by developer, August 2017: AED 1,915,888 (AED 1,573 per sqft)

1404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, each contractTypical two-bed in Downtown Views 2 - Tower 2
160K180K2024202520262027Typical rent by year: 2024 AED 168,000; 2025 AED 180,000; 2026 AED 185,045Renewal, October 2024: AED 162,750 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 2, and where 1404 sits

All 232 2-beds →

1404 last sold in August 2017 at AED 1,573 per sqft, 8% below what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,710). Over the last 12 months two-beds sold for AED 2,600,000 to 3,650,000, around AED 2,695 per sqft, and rent for AED 137,500 to 300,000 a year. 1404's AED 162,750 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20263,650,000
6 Jan 20262,600,000
30 Jul 20253,600,000
25 Jul 20253,650,000
2 2-bed sales in the last 12 months

Downtown Views 2 - Tower 2

Building

489 apartments, 1-bed to 4-bed over 57 floors in Downtown Dubai, completed in 2022 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,921
Typical sale
AED 3.13M
Typical rent
AED 167K /yr
Typical yield
5.7%
Downtown Views 2 - Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 489 units in Downtown Views 2 - Tower 2
Value
14011-bedAED 1.28M · Jul 2019
14022-bedAED 1.91M · Oct 2019
14031-bedAED 1.28M · Jul 2019
14053-bedAED 4.1M · Feb 2024
14062-bedAED 2.75M · Sep 2023
14072-bedAED 2.25M · Mar 2018
14083-bedAED 4.8M · Jan 2026
1–7 of 8

1404, Downtown Views 2 - Tower 2 in numbers

  • Sold once: by Emaar on 30 August 2017 for AED 1,915,888, or AED 1,573 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 162,750 a year.
  • At AED 162,750 a year the gross yield on the 2017 price is 8.5%.
  • Two-beds in Downtown Views 2 - Tower 2 sold for AED 2,600,000–3,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,921 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2024.

Questions about 1404, Downtown Views 2 - Tower 2

What did unit 1404 last sell for?

AED 1,915,888 on 30 August 2017, sold by the developer: AED 1,573 per sqft for 1,217 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 162,750 a year on the contract renewed on 15 October 2024.

How big is unit 1404?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 14th floor of a 57-storey tower completed in 2022.

What is unit 1404 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 2 sold for AED 2,600,000 to 3,650,000 in the last 12 months, around AED 2,695 per sqft.

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Mortgage on 1404, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 1.92M, 30 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,915,888
Deposit, UAE resident (20%)
AED 383,178
Deposit, non-resident (40%)
AED 766,355
Monthly over 25 years at 3.7%
AED 7,838

Plus AED 85,478 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →