2-bed · 1,188 sqftDowntown Views, Downtown Dubai · 23rd floor · completed 2021

2308, Downtown Views

Sold prices and rental history: sold twice, last in May 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2308 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 1.1M18 May 2020
Current rentAED 165K /yr29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, Downtown Views

What is 2308 worth today?

Last sold for AED 1,100,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Nov 2024RentedRenewal
AED 165,375/yr12 months · AED 140 per sqft
29 Nov 2024RentedRenewal
AED 165,375/yr12 months · AED 140 per sqft
29 Nov 2023RentedRenewal
AED 157,500/yr12 months · AED 133 per sqft
29 Nov 2022RentedRenewal
AED 150,000/yr12 months · AED 127 per sqft
29 Nov 2021RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
18 May 2020SoldOff-plan
AED 1,100,000AED 925 per sqft
29 Jun 2015Sold by developerOff-plan
AED 2,142,888AED 1,803 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
23rd of 59
Parking
P5-126
Developer
Emaar
Completed
2021
Service charge
AED 24,500 /yr
Last sold
AED 1.1M · May 2020

About 2308, Downtown Views

2308 is a two-bedroom apartment of 1,188 sqft on the 23rd floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 18 May 2020 for AED 1,100,000, or AED 925 per sqft, 49% below the AED 1,831 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 29 November 2024, is AED 165,375 a year: a gross yield of 15.0% on the 2020 price, before the service charge of about AED 24,500 a year.

Sales and rents for 2308 over time

Sales
Unit 2308, each saleTypical two-bed in Downtown Views
2M2015201820212024Typical sale price by year: 2015 AED 2,461,888; 2016 AED 2,475,388; 2017 AED 2,312,888; 2018 AED 2,305,973; 2019 AED 2,386,888; 2020 AED 2,397,888; 2021 AED 2,579,388; 2022 AED 2,775,000; 2023 AED 3,000,000; 2024 AED 3,250,000; 2025 AED 3,325,000Sold by developer, June 2015: AED 2,142,888 (AED 1,803 per sqft)Sold, May 2020: AED 1,100,000 (AED 925 per sqft)

2308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2308, each contractTypical two-bed in Downtown Views
150K175K200K2021202320252027Typical rent by year: 2021 AED 150,000; 2022 AED 155,000; 2023 AED 172,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 195,000New contract, November 2021: AED 150,000 a yearRenewal, November 2022: AED 150,000 a yearRenewal, November 2023: AED 157,500 a yearRenewal, November 2024: AED 165,375 a yearRenewal, November 2024: AED 165,375 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, and where 2308 sits

All 183 2-beds →

2308 last sold in May 2020 at AED 925 per sqft, 49% below what two-beds in Downtown Views were fetching at the time (AED 1,831). Over the last 12 months two-beds sold for AED 3,400,000 to 3,700,000, around AED 2,633 per sqft, and rent for AED 150,000 to 285,000 a year. 2308's AED 165,375 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 20263,700,000
9 Jan 20263,400,000
31 Jul 20254,800,000
7 Jul 20252,875,000
2 2-bed sales in the last 12 months

Downtown Views

Building

429 apartments, 1-bed to 4-bed over 59 floors in Downtown Dubai, completed in 2021 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 2,684 Up 0.1%
Typical sale
AED 3.4M
Typical rent
AED 180K /yr
Typical yield
5.7%
Downtown Views, Downtown Dubai: prices, sales and rents →

Other units on the 23rd floor

All 429 units in Downtown Views
Value
2301AED 758K · Feb 2019
23021-bedAED 1.6M · Jun 2015
23032-bedAED 2.58M · Feb 2022
23042-bedAED 2.63M · Jun 2015
23053-bedAED 3.8M · Jun 2015
23063-bedAED 3.8M · Sep 2015
23072-bedAED 2.63M · Jun 2015
1–7 of 9

2308, Downtown Views in numbers

  • Sold twice: first on 29 June 2015 for AED 2,142,888, last on 18 May 2020 for AED 1,100,000 (AED 925 per sqft).
  • Rented since November 2021 on 5 Ejari contracts, from AED 150,000 to AED 165,375 a year.
  • At AED 165,375 a year the gross yield on the 2020 price is 15.0%, before a service charge of about AED 24,500 a year (AED 20.64 per sqft).
  • Two-beds in Downtown Views sold for AED 3,400,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,684 per sqft.

Source: Dubai Land Department. Updated 29 November 2024.

Questions about 2308, Downtown Views

What did unit 2308 last sell for?

AED 1,100,000 on 18 May 2020: AED 925 per sqft for 1,188 sqft. The unit has 2 registered sales; the first was AED 2,142,888 in June 2015.

What is the rent for unit 2308?

AED 165,375 a year on the contract renewed on 29 November 2024. The previous contract, from November 2024, was AED 165,375; the unit has been rented since November 2021.

How big is unit 2308?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 23rd floor of a 59-storey tower completed in 2021.

What is unit 2308 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 sold for AED 3,400,000 to 3,700,000 in the last 12 months, around AED 2,633 per sqft.

Selling 2308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2308, Downtown Views

Starts from the last sale price (AED 1.1M, 18 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →