2-bed · 1,201 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 54th floor · completed 2022

5409, Downtown Views 2 - Tower 2

Sold prices and rental history: sold 3 times, last in May 2024, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5409 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 2.93M31 May 2024
Current rentAED 175K /yr24 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5409, Downtown Views 2 - Tower 2

What is 5409 worth today?

Last sold for AED 2,930,000 in 2024

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31 May 2024SoldReady
AED 2,930,000AED 2,440 per sqft
24 May 2024RentedNew contract
AED 175,000/yr12 months · AED 145 per sqft
28 Oct 2022SoldOff-plan
AED 2,150,000AED 1,759 per sqft
2 Aug 2018Sold by developerOff-plan
AED 2,102,888AED 1,721 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
54th of 57
Parking
P1-148
Developer
Emaar
Completed
2022
Last sold
AED 2.93M · May 2024

About 5409, Downtown Views 2 - Tower 2

5409 is a two-bedroom apartment of 1,201 sqft on the 54th floor of Downtown Views 2 - Tower 2, a 57-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 31 May 2024 for AED 2,930,000, or AED 2,440 per sqft, in line with the AED 2,503 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 May 2024. The current contract, signed on 24 May 2024, is AED 175,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 5409 over time

Sales
Unit 5409, 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 2018: AED 2,102,888 (AED 1,721 per sqft)Sold, October 2022: AED 2,150,000 (AED 1,759 per sqft)Sold, May 2024: AED 2,930,000 (AED 2,440 per sqft)

5409 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5409, each contractTypical two-bed in Downtown Views 2 - Tower 2
170K180K2024202520262027Typical rent by year: 2024 AED 168,000; 2025 AED 180,000; 2026 AED 185,045New contract, May 2024: AED 175,000 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 2, and where 5409 sits

All 232 2-beds →

5409 last sold in May 2024 at AED 2,440 per sqft, in line with what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 2,503). 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. 5409's AED 175,000 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 54th floor

All 489 units in Downtown Views 2 - Tower 2
Value
54011-bedAED 1.37M · Apr 2022
54022-bedAED 2.8M · Mar 2024
54031-bedAED 1.37M · Mar 2022
5404AED 2.2M · Aug 2025
54053-bedAED 3.72M · Feb 2023
54063-bedAED 3.86M · Oct 2022
54072-bedAED 2.89M · May 2023
1–7 of 8

5409, Downtown Views 2 - Tower 2 in numbers

  • Sold 3 times: first on 2 August 2018 for AED 2,102,888, last on 31 May 2024 for AED 2,930,000 (AED 2,440 per sqft).
  • Rented since May 2024 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2024 price is 6.0%.
  • 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 31 May 2024.

Questions about 5409, Downtown Views 2 - Tower 2

What did unit 5409 last sell for?

AED 2,930,000 on 31 May 2024: AED 2,440 per sqft for 1,201 sqft. The unit has 3 registered sales; the first was AED 2,102,888 in August 2018.

What is the rent for unit 5409?

AED 175,000 a year on the contract signed on 24 May 2024.

How big is unit 5409?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 54th floor of a 57-storey tower completed in 2022.

What is unit 5409 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 5409, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 2.93M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,930,000
Deposit, UAE resident (20%)
AED 586,000
Deposit, non-resident (40%)
AED 1,172,000
Monthly over 25 years at 3.7%
AED 11,988

Plus AED 128,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →