1-bed · 1,036 sqftDT 1 Downtown, Downtown Dubai · 12th floor · completed 2020

1203, DT 1 Downtown

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 2.3M22 November 2024
Current rentAED 155K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, DT 1 Downtown

What is 1203 worth today?

Last sold for AED 2,300,000 in 2024

Unlock today's estimate, updated daily, with

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

20 Oct 2025RentedNew contract
AED 155,000/yr12 months · AED 150 per sqft
22 Nov 2024SoldReady
AED 2,300,000AED 2,220 per sqft
1 Nov 2024RentedRenewal
AED 115,000/yr12 months · AED 111 per sqft
1 Nov 2023RentedRenewal
AED 115,000/yr12 months · AED 111 per sqft
1 Nov 2022RentedNew contract
AED 115,000/yr12 months · AED 111 per sqft
1 Nov 2021RentedNew contract
AED 115,000/yr12 months · AED 111 per sqft
14 Jun 2021Sold by developerReady
AED 1,751,355AED 1,690 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2025.

Key facts

Type
1-bed apartment
Size
1,036 sqft
Floor
12th of 16
Parking
P1-29
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 17,900 /yr
Last sold
AED 2.3M · November 2024

About 1203, DT 1 Downtown

1203 is a one-bedroom apartment of 1,036 sqft on the 12th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. It last sold on 22 November 2024 for AED 2,300,000, or AED 2,220 per sqft, in line with the AED 2,220 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 20 October 2025, is AED 155,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in DT 1 Downtown
2M2.5M20182020202220242026Typical sale price by year: 2018 AED 1,867,828; 2020 AED 1,945,828; 2021 AED 1,751,446; 2022 AED 2,231,828; 2023 AED 2,075,000; 2024 AED 2,300,000; 2025 AED 2,450,000Sold by developer, June 2021: AED 1,751,355 (AED 1,690 per sqft)Sold, November 2024: AED 2,300,000 (AED 2,220 per sqft)

1203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in DT 1 Downtown
100K125K150K202120232025Typical rent by year: 2021 AED 100,000; 2022 AED 104,848; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 144,646New contract, November 2021: AED 115,000 a yearNew contract, November 2022: AED 115,000 a yearRenewal, November 2023: AED 115,000 a yearRenewal, November 2024: AED 115,000 a yearNew contract, October 2025: AED 155,000 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 DT 1 Downtown, and where 1203 sits

All 36 1-beds →

1203 last sold in November 2024 at AED 2,220 per sqft, in line with what one-beds in DT 1 Downtown were fetching at the time (AED 2,220). 1203's AED 155,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Jun 20252,600,000
20 May 20252,450,000
25 Feb 20252,300,000
27 Aug 20242,340,000
0 1-bed sales in the last 12 months

DT 1 Downtown

Building

130 apartments, studios to 4-bed over 16 floors in Downtown Dubai, completed in 2020 by Ellington Properties Development. 1 sold in the last 12 months.

Typical price per sqft
AED 25
Typical sale
AED 14K
Typical rent
AED 102K /yr
Typical yield
672.1%
DT 1 Downtown, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 130 units in DT 1 Downtown
Value
1201StudioAED 1.38M · Apr 2025
12022-bedAED 2.21M · Mar 2021
12041-bedAED 2.45M · May 2025
12051-bedAED 2.34M · Aug 2024
12062-bedAED 3.13M · Oct 2021
1207StudioAED 1.22M · Nov 2021
12083-bedAED 4.43M · Apr 2021
1–7 of 9

1203, DT 1 Downtown in numbers

  • Sold twice: first on 14 June 2021 for AED 1,751,355, last on 22 November 2024 for AED 2,300,000 (AED 2,220 per sqft).
  • Rented since November 2021 on 5 Ejari contracts, from AED 115,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 17,900 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2025.

Questions about 1203, DT 1 Downtown

What did unit 1203 last sell for?

AED 2,300,000 on 22 November 2024: AED 2,220 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 1,751,355 in June 2021.

What is the rent for unit 1203?

AED 155,000 a year on the contract signed on 20 October 2025. The previous contract, from November 2024, was AED 115,000; the unit has been rented since November 2021.

How big is unit 1203?

1,036 sqft (96.2 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2020.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1203? 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 1203, DT 1 Downtown

Starts from the last sale price (AED 2.3M, 22 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →