2-bed · 1,527 sqftDT 1 Downtown, Downtown Dubai · 12th floor · completed 2020

1206, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in October 2021, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 24 October 2021
Last soldAED 3.13M24 October 2021
Current rentAED 160K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, DT 1 Downtown

What is 1206 worth today?

Last sold for AED 3,130,979 in 2021

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24 Oct 2021Sold by developerReady
AED 3,130,979AED 2,050 per sqft
15 Jul 2021RentedNew contract
AED 159,571/yr12 months · AED 104 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2021.

Key facts

Type
2-bed apartment
Size
1,527 sqft
Floor
12th of 16
Parking
P1-22
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 26,400 /yr
Last sold
AED 3.13M · October 2021

About 1206, DT 1 Downtown

1206 is a two-bedroom apartment of 1,527 sqft on the 12th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. The developer sold it on 24 October 2021 for AED 3,130,979, or AED 2,050 per sqft, 21% above the AED 1,692 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2021. The current contract, signed on 15 July 2021, is AED 159,571 a year: a gross yield of 5.1% on the 2021 price, before the service charge of about AED 26,400 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in DT 1 Downtown
3M4M20182020202220242026Typical sale price by year: 2018 AED 2,781,828; 2019 AED 3,641,620; 2020 AED 2,581,076; 2021 AED 2,867,686; 2022 AED 3,350,000; 2023 AED 3,262,500; 2024 AED 3,537,500; 2025 AED 3,850,000Sold by developer, October 2021: AED 3,130,979 (AED 2,050 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in DT 1 Downtown
150K200K202120232025Typical rent by year: 2021 AED 160,000; 2022 AED 175,000; 2023 AED 195,000; 2024 AED 230,000; 2025 AED 220,000New contract, July 2021: AED 159,571 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 DT 1 Downtown, and where 1206 sits

All 51 2-beds →

1206 last sold in October 2021 at AED 2,050 per sqft, 21% above what two-beds in DT 1 Downtown were fetching at the time (AED 1,692).

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20252,495,040
2 Jul 20254,961,830
26 Jun 20252,436,939
11 Apr 20253,850,000
0 2-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
12031-bedAED 2.3M · Nov 2024
12041-bedAED 2.45M · May 2025
12051-bedAED 2.34M · Aug 2024
1207StudioAED 1.22M · Nov 2021
12083-bedAED 4.43M · Apr 2021
1–7 of 9

1206, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 24 October 2021 for AED 3,130,979, or AED 2,050 per sqft.
  • Rented since July 2021 on one Ejari contract, at AED 159,571 a year.
  • At AED 159,571 a year the gross yield on the 2021 price is 5.1%, before a service charge of about AED 26,400 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2021.

Questions about 1206, DT 1 Downtown

What did unit 1206 last sell for?

AED 3,130,979 on 24 October 2021, sold by the developer: AED 2,050 per sqft for 1,527 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 159,571 a year on the contract signed on 15 July 2021.

How big is unit 1206?

1,527 sqft (141.9 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2020.

What is unit 1206 worth today?

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

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Mortgage on 1206, DT 1 Downtown

Starts from the last sale price (AED 3.13M, 24 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,130,979
Deposit, UAE resident (20%)
AED 626,196
Deposit, non-resident (40%)
AED 1,252,392
Monthly over 25 years at 3.7%
AED 12,810

Plus AED 136,511 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →