3-bed · 1,817 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 47th floor · completed 2022

4706, Downtown Views 2 - Tower 2

Sold prices and rental history: sold twice, last in August 2023, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4706 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 4.25M9 August 2023
Current rentAED 240K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4706, Downtown Views 2 - Tower 2

What is 4706 worth today?

Last sold for AED 4,250,000 in 2023

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22 Jul 2024RentedNew contract
AED 240,000/yr12 months · AED 132 per sqft
9 Aug 2023SoldReady
AED 4,250,000AED 2,338 per sqft
8 Jan 2018Sold by developerOff-plan
AED 3,734,888AED 2,053 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2024.

Key facts

Type
3-bed apartment
Size
1,817 sqft
Floor
47th of 57
Parking
P2-225,P2-226
Developer
Emaar
Completed
2022
Last sold
AED 4.25M · August 2023

About 4706, Downtown Views 2 - Tower 2

4706 is a three-bedroom apartment of 1,817 sqft on the 47th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 9 August 2023 for AED 4,250,000, or AED 2,338 per sqft, 5% below the AED 2,451 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 July 2024. The current contract, signed on 22 July 2024, is AED 240,000 a year: a gross yield of 5.7% on the 2023 price.

Sales and rents for 4706 over time

Sales
Unit 4706, each saleTypical three-bed in Downtown Views 2 - Tower 2
4M5M2017202020232026Typical 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, January 2018: AED 3,734,888 (AED 2,053 per sqft)Sold, August 2023: AED 4,250,000 (AED 2,338 per sqft)

4706 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4706, each contractTypical three-bed in Downtown Views 2 - Tower 2
240K260K280K2024202520262027Typical rent by year: 2024 AED 257,500; 2025 AED 270,000; 2026 AED 277,500New contract, July 2024: AED 240,000 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 4706 sits

All 123 3-beds →

4706 last sold in August 2023 at AED 2,338 per sqft, 5% below what three-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,451). 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. 4706's AED 240,000 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 →

Other units on the 47th floor

All 489 units in Downtown Views 2 - Tower 2
Value
47011-bedAED 1.35M · May 2018
4702AED 2.09M · Aug 2019
47031-bedAED 1.3M · Jun 2022
47041-bedAED 2M · Dec 2024
47053-bedAED 3.56M · Feb 2019
47072-bedAED 2.52M · May 2018
47083-bedAED 3.71M · Jul 2019
1–7 of 8

4706, Downtown Views 2 - Tower 2 in numbers

  • Sold twice: first on 8 January 2018 for AED 3,734,888, last on 9 August 2023 for AED 4,250,000 (AED 2,338 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2023 price is 5.7%.
  • 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: YallaValue analysis of Dubai Land Department records. Updated 22 July 2024.

Questions about 4706, Downtown Views 2 - Tower 2

What did unit 4706 last sell for?

AED 4,250,000 on 9 August 2023: AED 2,338 per sqft for 1,817 sqft. The unit has 2 registered sales; the first was AED 3,734,888 in January 2018.

What is the rent for unit 4706?

AED 240,000 a year on the contract signed on 22 July 2024.

How big is unit 4706?

1,817 sqft (168.8 sqm): a three-bedroom apartment on the 47th floor of a 57-storey tower completed in 2022.

What is unit 4706 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 4706, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 4.25M, 9 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

Plus AED 183,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →