3-bed · 1,703 sqftDowntown Views 2 - Tower 3, Downtown Dubai · 44th floor · completed 2022

4408, Downtown Views 2 - Tower 3

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

Unit 4408 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 3.43M18 July 2017
Current rentAED 225K /yr16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4408, Downtown Views 2 - Tower 3

What is 4408 worth today?

Last sold for AED 3,430,888 in 2017

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16 May 2024RentedNew contract
AED 225,000/yr12 months · AED 131 per sqft
18 Jul 2017Sold by developerOff-plan
AED 3,430,888AED 2,014 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 May 2024.

Key facts

Type
3-bed apartment
Size
1,703 sqft
Floor
44th of 49
Parking
2
Developer
Emaar
Completed
2022
Last sold
AED 3.43M · July 2017

About 4408, Downtown Views 2 - Tower 3

4408 is a three-bedroom apartment of 1,703 sqft on the 44th floor of Downtown Views 2 - Tower 3, a 49-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 18 July 2017 for AED 3,430,888, or AED 2,014 per sqft, 4% above the AED 1,945 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 May 2024. The current contract, signed on 16 May 2024, is AED 225,000 a year: a gross yield of 6.6% on the 2017 price.

Sales and rents for 4408 over time

Sales
Unit 4408, each saleTypical three-bed in Downtown Views 2 - Tower 3
3M4M5M2017202020232026Typical sale price by year: 2017 AED 3,345,388; 2018 AED 3,264,888; 2019 AED 3,230,888; 2020 AED 3,231,888; 2021 AED 3,837,888; 2022 AED 3,625,000; 2023 AED 3,950,000; 2024 AED 4,550,000; 2025 AED 4,825,000Sold by developer, July 2017: AED 3,430,888 (AED 2,014 per sqft)

4408 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4408, each contractTypical three-bed in Downtown Views 2 - Tower 3
250K300K2024202520262027Typical rent by year: 2024 AED 280,000; 2025 AED 290,000; 2026 AED 261,000New contract, May 2024: AED 225,000 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 3, and where 4408 sits

All 102 3-beds →

4408 last sold in July 2017 at AED 2,014 per sqft, 4% above what three-beds in Downtown Views 2 - Tower 3 were fetching at the time (AED 1,945). Over the last 12 months three-beds sold for AED 4,700,000 to 4,950,000, around AED 2,805 per sqft, and rent for AED 100,000 to 324,762 a year. 4408's AED 225,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 20254,700,000
14 Jul 20254,750,000
2 Jul 20254,900,000
25 Jun 20254,900,000
2 3-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 44th floor

All 422 units in Downtown Views 2 - Tower 3
Value
44011-bedAED 1.9M · Jul 2024
44022-bedAED 2.85M · Oct 2024
44031-bedAED 1.44M · Nov 2022
44041-bedAED 1.45M · Jul 2017
44053-bedAED 3.3M · Dec 2017
44063-bedAED 4.61M · Jan 2025
44072-bedAED 3.25M · Mar 2024
1–7 of 8

4408, Downtown Views 2 - Tower 3 in numbers

  • Sold once: by Emaar on 18 July 2017 for AED 3,430,888, or AED 2,014 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2017 price is 6.6%.
  • Three-beds in Downtown Views 2 - Tower 3 sold for AED 4,700,000–4,950,000 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 16 May 2024.

Questions about 4408, Downtown Views 2 - Tower 3

What did unit 4408 last sell for?

AED 3,430,888 on 18 July 2017, sold by the developer: AED 2,014 per sqft for 1,703 sqft. It is the only registered sale of the unit.

What is the rent for unit 4408?

AED 225,000 a year on the contract signed on 16 May 2024.

How big is unit 4408?

1,703 sqft (158.2 sqm): a three-bedroom apartment on the 44th floor of a 49-storey tower completed in 2022.

What is unit 4408 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 3 sold for AED 4,700,000 to 4,950,000 in the last 12 months, around AED 2,805 per sqft.

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Mortgage on 4408, Downtown Views 2 - Tower 3

Starts from the last sale price (AED 3.43M, 18 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,430,888
Deposit, UAE resident (20%)
AED 686,178
Deposit, non-resident (40%)
AED 1,372,355
Monthly over 25 years at 3.7%
AED 14,037

Plus AED 149,108 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →