2-bed · 1,218 sqftDowntown Views, Downtown Dubai · 24th floor · completed 2021

2404, Downtown Views

Sold prices and rental history: sold twice, last in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 3.1M23 January 2023
Current rentAED 212K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Downtown Views

What is 2404 worth today?

Last sold for AED 3,100,000 in 2023

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10 May 2024RentedRenewal
AED 212,000/yr3 months · AED 174 per sqft
10 May 2024RentedRenewal
AED 212,000/yr3 months · AED 174 per sqft
10 May 2023RentedNew contract
AED 190,000/yr12 months · AED 156 per sqft
23 Jan 2023SoldReady
AED 3,100,000AED 2,545 per sqft
7 Jun 2015Sold by developerOff-plan
AED 2,641,888AED 2,169 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
1,218 sqft
Floor
24th of 59
Parking
P3-18
Developer
Emaar
Completed
2021
Service charge
AED 25,100 /yr
Last sold
AED 3.1M · January 2023

About 2404, Downtown Views

2404 is a two-bedroom apartment of 1,218 sqft on the 24th floor of Downtown Views, a 59-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 23 January 2023 for AED 3,100,000, or AED 2,545 per sqft, 23% above the AED 2,074 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 212,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 25,100 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Downtown Views
2.5M3M3.5M2015201820212024Typical 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 2,641,888 (AED 2,169 per sqft)Sold, January 2023: AED 3,100,000 (AED 2,545 per sqft)

2404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Downtown Views
150K200K2021202320252027Typical 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, May 2023: AED 190,000 a yearRenewal, May 2024: AED 212,000 a yearRenewal, May 2024: AED 212,000 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, and where 2404 sits

All 183 2-beds →

2404 last sold in January 2023 at AED 2,545 per sqft, 23% above what two-beds in Downtown Views were fetching at the time (AED 2,074). 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. 2404's AED 212,000 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 24th floor

All 429 units in Downtown Views
Value
24011-bedAED 1.65M · Jun 2022
24021-bedAED 1.7M · Oct 2022
24032-bedAED 2.6M · Aug 2022
24053-bedAED 2.01M · Sep 2022
24063-bedAED 4M · Sep 2023
24072-bedAED 3M · May 2022
24082-bedAED 2.4M · Jun 2022
1–7 of 9

2404, Downtown Views in numbers

  • Sold twice: first on 7 June 2015 for AED 2,641,888, last on 23 January 2023 for AED 3,100,000 (AED 2,545 per sqft).
  • Rented since May 2023 on 3 Ejari contracts, from AED 190,000 to AED 212,000 a year.
  • At AED 212,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 25,100 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 10 May 2024.

Questions about 2404, Downtown Views

What did unit 2404 last sell for?

AED 3,100,000 on 23 January 2023: AED 2,545 per sqft for 1,218 sqft. The unit has 2 registered sales; the first was AED 2,641,888 in June 2015.

What is the rent for unit 2404?

AED 212,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2024, was AED 212,000; the unit has been rented since May 2023.

How big is unit 2404?

1,218 sqft (113.2 sqm): a two-bedroom apartment on the 24th floor of a 59-storey tower completed in 2021.

What is unit 2404 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.

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Mortgage on 2404, Downtown Views

Starts from the last sale price (AED 3.1M, 23 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →