1-bed · 734 sqftDowntown Views 2 - Tower 3, Downtown Dubai · 24th floor · completed 2022

2401, Downtown Views 2 - Tower 3

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

Unit 2401 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 1.3M12 July 2017
Current rentAED 123K /yr4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Downtown Views 2 - Tower 3

What is 2401 worth today?

Last sold for AED 1,303,888 in 2017

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4 Sep 2024RentedNew contract
AED 123,000/yr12 months · AED 168 per sqft
12 Jul 2017Sold by developerOff-plan
AED 1,303,888AED 1,775 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2024.

Key facts

Type
1-bed apartment
Size
734 sqft
Floor
24th of 49
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.3M · July 2017

About 2401, Downtown Views 2 - Tower 3

2401 is a one-bedroom apartment of 734 sqft on the 24th floor of Downtown Views 2 - Tower 3, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 12 July 2017 for AED 1,303,888, or AED 1,775 per sqft, in line with the AED 1,791 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 September 2024. The current contract, signed on 4 September 2024, is AED 123,000 a year: a gross yield of 9.4% on the 2017 price.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical one-bed in Downtown Views 2 - Tower 3
1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,310,888; 2018 AED 1,298,888; 2019 AED 1,415,888; 2020 AED 1,253,944; 2021 AED 1,513,888; 2022 AED 1,417,500; 2023 AED 1,630,000; 2024 AED 1,830,000; 2025 AED 2,012,500; 2026 AED 2,120,000Sold by developer, July 2017: AED 1,303,888 (AED 1,775 per sqft)

2401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2401, each contractTypical one-bed in Downtown Views 2 - Tower 3
100K120K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 120,500New contract, September 2024: AED 123,000 a year

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

1-beds in Downtown Views 2 - Tower 3, and where 2401 sits

All 109 1-beds →

2401 last sold in July 2017 at AED 1,775 per sqft, in line with what one-beds in Downtown Views 2 - Tower 3 were fetching at the time (AED 1,791). Over the last 12 months one-beds sold for AED 2,000,000 to 2,200,000, around AED 2,842 per sqft, and rent for AED 109,000 to 165,000 a year. 2401's AED 123,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20262,000,000
28 Jan 20262,200,000
8 Jan 20262,120,000
16 Jun 20252,000,000
3 1-bed sales in the last 12 months

Downtown Views 2 - Tower 3

Building

422 apartments, 1-bed to 4-bed over 49 floors in Downtown Dubai, completed in 2022 by Emaar. 13 sold in the last 12 months.

Typical price per sqft
AED 2,723 Up 1.4%
Typical sale
AED 2.9M
Typical rent
AED 160K /yr
Typical yield
6.0%
Downtown Views 2 - Tower 3, Downtown Dubai: prices, sales and rents →

Other units on the 24th floor

All 422 units in Downtown Views 2 - Tower 3
Value
24022-bedAED 1.95M · Aug 2017
24031-bedAED 1.3M · Jul 2017
24042-bedAED 1.97M · Jul 2017
2405AED 3.15M · Aug 2017
24062-bedAED 2.47M · Jul 2017
24072-bedAED 2.63M · May 2021
24083-bedAED 3.38M · Feb 2019
1–7 of 8

2401, Downtown Views 2 - Tower 3 in numbers

  • Sold once: by Emaar on 12 July 2017 for AED 1,303,888, or AED 1,775 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 123,000 a year.
  • At AED 123,000 a year the gross yield on the 2017 price is 9.4%.
  • One-beds in Downtown Views 2 - Tower 3 sold for AED 2,000,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,723 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2024.

Questions about 2401, Downtown Views 2 - Tower 3

What did unit 2401 last sell for?

AED 1,303,888 on 12 July 2017, sold by the developer: AED 1,775 per sqft for 734 sqft. It is the only registered sale of the unit.

What is the rent for unit 2401?

AED 123,000 a year on the contract signed on 4 September 2024.

How big is unit 2401?

734 sqft (68.2 sqm): a one-bedroom apartment on the 24th floor of a 49-storey tower completed in 2022.

What is unit 2401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Downtown Views 2 - Tower 3 sold for AED 2,000,000 to 2,200,000 in the last 12 months, around AED 2,842 per sqft.

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Mortgage on 2401, Downtown Views 2 - Tower 3

Starts from the last sale price (AED 1.3M, 12 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,303,888
Deposit, UAE resident (20%)
AED 260,778
Deposit, non-resident (40%)
AED 521,555
Monthly over 25 years at 3.7%
AED 5,335

Plus AED 59,774 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →