2-bed · 1,217 sqftDowntown Views 2 - Tower 2, Downtown Dubai · 7th floor · completed 2022

704, Downtown Views 2 - Tower 2

Sold prices and rental history: sold once, by the developer in September 2017, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 1.89M20 September 2017
Current rentAED 180K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Downtown Views 2 - Tower 2

What is 704 worth today?

Last sold for AED 1,890,888 in 2017

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15 Jan 2025RentedNew contract
AED 180,000/yr12 months · AED 150 per sqft
20 Sep 2017Sold by developerOff-plan
AED 1,890,888AED 1,553 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
7th of 57
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.89M · September 2017

About 704, Downtown Views 2 - Tower 2

704 is a two-bedroom apartment of 1,217 sqft on the 7th 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 September 2017 for AED 1,890,888, or AED 1,553 per sqft, 12% below the AED 1,771 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2025. The current contract, signed on 15 January 2025, is AED 180,000 a year: a gross yield of 9.5% on the 2017 price.

Sales and rents for 704 over time

Sales
Unit 704, 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, September 2017: AED 1,890,888 (AED 1,553 per sqft)

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

Rents
Unit 704, 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, January 2025: AED 180,000 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 704 sits

All 232 2-beds →

704 last sold in September 2017 at AED 1,553 per sqft, 12% below what two-beds in Downtown Views 2 - Tower 2 were fetching at the time (AED 1,771). 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. 704's AED 180,000 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 →
Value
7011-bedAED 1.85M · Oct 2023
7022-bedAED 1.92M · Oct 2017
7031-bedAED 1.26M · Aug 2018
7053-bedAED 4.23M · Jan 2024
7062-bedAED 2.27M · May 2018
7072-bedAED 3.7M · May 2024
7083-bedAED 3.24M · Jan 2019
1–7 of 8

704, Downtown Views 2 - Tower 2 in numbers

  • Sold once: by Emaar on 20 September 2017 for AED 1,890,888, or AED 1,553 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2017 price is 9.5%.
  • 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: Dubai Land Department. Updated 15 January 2025.

Questions about 704, Downtown Views 2 - Tower 2

What did unit 704 last sell for?

AED 1,890,888 on 20 September 2017, sold by the developer: AED 1,553 per sqft for 1,217 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 180,000 a year on the contract signed on 15 January 2025.

How big is unit 704?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 7th floor of a 57-storey tower completed in 2022.

What is unit 704 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 704, Downtown Views 2 - Tower 2

Starts from the last sale price (AED 1.89M, 20 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,890,888
Deposit, UAE resident (20%)
AED 378,178
Deposit, non-resident (40%)
AED 756,355
Monthly over 25 years at 3.7%
AED 7,736

Plus AED 84,428 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →