2-bed · 1,205 sqftDowntown Views 2 - Tower 3, Downtown Dubai · 4th floor · completed 2022

409, Downtown Views 2 - Tower 3

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 2.5M31 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Downtown Views 2 - Tower 3

What is 409 worth today?

Last sold for AED 2,500,000 in 2023

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31 May 2023SoldReady
AED 2,500,000AED 2,075 per sqft
29 Nov 2017Sold by developerOff-plan
AED 1,948,888AED 1,593 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2023.

Key facts

Type
2-bed apartment
Size
1,205 sqft
Floor
4th of 49
Parking
P3-430
Developer
Emaar
Completed
2022
Last sold
AED 2.5M · May 2023

About 409, Downtown Views 2 - Tower 3

409 is a two-bedroom apartment of 1,205 sqft on the 4th floor of Downtown Views 2 - Tower 3, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 31 May 2023 for AED 2,500,000, or AED 2,075 per sqft, 4% below the AED 2,165 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Downtown Views 2 - Tower 3
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,000,388; 2018 AED 2,035,888; 2019 AED 2,101,888; 2020 AED 2,116,388; 2021 AED 2,434,453; 2022 AED 2,471,551; 2023 AED 2,700,000; 2024 AED 2,800,000; 2025 AED 3,000,000; 2026 AED 2,900,000Sold by developer, November 2017: AED 1,948,888 (AED 1,593 per sqft)Sold, May 2023: AED 2,500,000 (AED 2,075 per sqft)

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

Rents
Unit 409, each contractTypical two-bed in Downtown Views 2 - Tower 3
140K160K180K20232024202520262027Typical rent by year: 2023 AED 140,000; 2024 AED 160,000; 2025 AED 170,750; 2026 AED 179,000

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 3, and where 409 sits

All 191 2-beds →

409 last sold in May 2023 at AED 2,075 per sqft, 4% below what two-beds in Downtown Views 2 - Tower 3 were fetching at the time (AED 2,165). Over the last 12 months two-beds sold for AED 969,944 to 3,730,000, around AED 2,685 per sqft, and rent for AED 150,000 to 300,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20263,400,000
3 Feb 20262,900,000
3 Feb 20262,875,000
30 Dec 20253,730,000
8 2-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 →
Value
4011-bedAED 1.25M · Jul 2017
4022-bedAED 1.91M · Mar 2019
4031-bedAED 1.51M · Feb 2022
4042-bedAED 1.94M · Oct 2017
4053-bedAED 4.7M · Dec 2024
4062-bedAED 2.38M · Jul 2017
4072-bedAED 2.15M · Feb 2019
1–7 of 8

409, Downtown Views 2 - Tower 3 in numbers

  • Sold twice: first on 29 November 2017 for AED 1,948,888, last on 31 May 2023 for AED 2,500,000 (AED 2,075 per sqft).
  • Two-beds in Downtown Views 2 - Tower 3 sold for AED 969,944–3,730,000 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 31 May 2023.

Questions about 409, Downtown Views 2 - Tower 3

What did unit 409 last sell for?

AED 2,500,000 on 31 May 2023: AED 2,075 per sqft for 1,205 sqft. The unit has 2 registered sales; the first was AED 1,948,888 in November 2017.

How big is unit 409?

1,205 sqft (111.9 sqm): a two-bedroom apartment on the 4th floor of a 49-storey tower completed in 2022.

What is unit 409 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 3 sold for AED 969,944 to 3,730,000 in the last 12 months, around AED 2,685 per sqft.

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Mortgage on 409, Downtown Views 2 - Tower 3

Starts from the last sale price (AED 2.5M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →