3-bed · 1,707 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 4th floor · completed 2022

408, Downtown Views 2 - Tower 2

Sold prices and rental history: sold once, by the developer in March 2019, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 16 August 2025
Last soldAED 3.21M20 March 2019
Current rentAED 254K /yr16 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Downtown Views 2 - Tower 2

What is 408 worth today?

Last sold for AED 3,207,888 in 2019

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16 Aug 2025RentedNew contract
AED 254,316/yr12 months · AED 150 per sqft
20 Mar 2019Sold by developerOff-plan
AED 3,207,888AED 1,879 per sqft

Source: Dubai Land Department. Updated 16 August 2025.

Key facts

Type
3-bed apartment
Size
1,707 sqft
Floor
4th of 57
Parking
2
Developer
Emaar
Completed
2022
Last sold
AED 3.21M · March 2019

About 408, Downtown Views 2 - Tower 2

408 is a three-bedroom apartment of 1,707 sqft on the 4th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 20 March 2019 for AED 3,207,888, or AED 1,879 per sqft, 8% below the AED 2,034 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 August 2025. The current contract, signed on 16 August 2025, is AED 254,316 a year: a gross yield of 7.9% on the 2019 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical three-bed in Downtown Views 2 - Tower 2
3M4M5M2017202020232026Typical sale price by year: 2017 AED 3,510,888; 2018 AED 3,618,888; 2019 AED 3,461,388; 2020 AED 3,723,888; 2021 AED 3,707,388; 2022 AED 3,650,000; 2023 AED 4,337,500; 2024 AED 4,725,000; 2025 AED 5,250,000Sold by developer, March 2019: AED 3,207,888 (AED 1,879 per sqft)

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

Rents
Unit 408, each contractTypical three-bed in Downtown Views 2 - Tower 2
260K280K2024202520262027Typical rent by year: 2024 AED 257,500; 2025 AED 270,000; 2026 AED 277,500New contract, August 2025: AED 254,316 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Downtown Views 2 - Tower 2, and where 408 sits

All 123 3-beds →

408 last sold in March 2019 at AED 1,879 per sqft, 8% below what three-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,034). Over the last 12 months three-beds sold for AED 4,800,000, around AED 2,823 per sqft, and rent for AED 210,000 to 315,000 a year. 408's AED 254,316 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Jan 20264,800,000
17 Jul 20254,800,000
27 May 20255,250,000
23 May 20255,500,000
1 3-bed sale 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 →
Value
401AED 2.05M · Oct 2025
4022-bedAED 1.91M · Aug 2017
4031-bedAED 1.25M · Oct 2018
4042-bedAED 1.88M · Jul 2017
4053-bedAED 3.45M · Dec 2021
4062-bedAED 2.65M · Nov 2023
4072-bedAED 2.8M · May 2024
1–7 of 8

408, Downtown Views 2 - Tower 2 in numbers

  • Sold once: by Emaar on 20 March 2019 for AED 3,207,888, or AED 1,879 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 254,316 a year.
  • At AED 254,316 a year the gross yield on the 2019 price is 7.9%.
  • Three-beds in Downtown Views 2 - Tower 2 sold for AED 4,800,000–4,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,921 per sqft.

Source: Dubai Land Department. Updated 16 August 2025.

Questions about 408, Downtown Views 2 - Tower 2

What did unit 408 last sell for?

AED 3,207,888 on 20 March 2019, sold by the developer: AED 1,879 per sqft for 1,707 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 254,316 a year on the contract signed on 16 August 2025.

How big is unit 408?

1,707 sqft (158.6 sqm): a three-bedroom apartment on the 4th floor of a 57-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. Three-beds in Downtown Views 2 - Tower 2 sold for AED 4,800,000 to 4,800,000 in the last 12 months, around AED 2,823 per sqft.

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Mortgage on 408, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 3.21M, 20 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,207,888
Deposit, UAE resident (20%)
AED 641,578
Deposit, non-resident (40%)
AED 1,283,155
Monthly over 25 years at 3.7%
AED 13,124

Plus AED 139,742 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →