3-bed · 2,536 sqftDT 1 Downtown, Downtown Dubai · 13th floor · completed 2020

1308, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 3.69M16 December 2019
Current rentAED 336K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, DT 1 Downtown

What is 1308 worth today?

Last sold for AED 3,690,134 in 2019

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20 Apr 2026RentedRenewal
AED 336,000/yr12 months · AED 132 per sqft
20 Apr 2025RentedRenewal
AED 320,000/yr12 months · AED 126 per sqft
20 Apr 2024RentedNew contract
AED 320,000/yr12 months · AED 126 per sqft
16 Sep 2023RentedNew contract
AED 300,000/yr12 months · AED 118 per sqft
16 Sep 2022RentedNew contract
AED 300,000/yr12 months · AED 118 per sqft
1 Aug 2021RentedNew contract
AED 225,000/yr12 months · AED 89 per sqft
16 Dec 2019Sold by developerOff-plan
AED 3,690,134AED 1,454 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2026.

Key facts

Type
3-bed apartment
Size
2,536 sqft
Floor
13th of 16
Parking
P2-64; P2-65
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 43,900 /yr
Last sold
AED 3.69M · December 2019

About 1308, DT 1 Downtown

1308 is a three-bedroom apartment of 2,536 sqft on the 13th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. The developer sold it on 16 December 2019 for AED 3,690,134, or AED 1,454 per sqft, 4% above the AED 1,399 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 20 April 2026, is AED 336,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 43,900 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical three-bed in DT 1 Downtown
4M20192020202120222023Typical sale price by year: 2019 AED 3,690,134; 2021 AED 4,340,065; 2022 AED 4,271,277Sold by developer, December 2019: AED 3,690,134 (AED 1,454 per sqft)

1308 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1308, each contractTypical three-bed in DT 1 Downtown
300K202120232025Typical rent by year: 2021 AED 240,000; 2022 AED 251,500; 2023 AED 275,000; 2024 AED 259,875; 2025 AED 320,000New contract, August 2021: AED 225,000 a yearNew contract, September 2022: AED 300,000 a yearNew contract, September 2023: AED 300,000 a yearNew contract, April 2024: AED 320,000 a yearRenewal, April 2025: AED 320,000 a yearRenewal, April 2026: AED 336,000 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 DT 1 Downtown, and where 1308 sits

All 15 3-beds →

1308 last sold in December 2019 at AED 1,454 per sqft, 4% above what three-beds in DT 1 Downtown were fetching at the time (AED 1,399).

Recent 3-bed salesUnit no.Price (AED)Summary
26 Jun 20254,417,785
12 Jun 20255,000,000
10 Jan 20246,800,000
31 May 20237,000,000
0 3-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 13th floor

All 130 units in DT 1 Downtown
Value
1301StudioAED 14K · Jan 2026
13022-bedAED 3.43M · May 2023
13031-bedAED 2.22M · Nov 2023
13041-bedAED 2.15M · Apr 2024
13051-bedAED 2.14M · Feb 2024
13062-bedAED 3.85M · Apr 2025
1307StudioAED 350K · Nov 2024
1–7 of 9

1308, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 16 December 2019 for AED 3,690,134, or AED 1,454 per sqft.
  • Rented since August 2021 on 6 Ejari contracts, from AED 225,000 to AED 336,000 a year.
  • At AED 336,000 a year the gross yield on the 2019 price is 9.1%, before a service charge of about AED 43,900 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2026.

Questions about 1308, DT 1 Downtown

What did unit 1308 last sell for?

AED 3,690,134 on 16 December 2019, sold by the developer: AED 1,454 per sqft for 2,536 sqft. It is the only registered sale of the unit.

What is the rent for unit 1308?

AED 336,000 a year on the contract renewed on 20 April 2026. The previous contract, from April 2025, was AED 320,000; the unit has been rented since August 2021.

How big is unit 1308?

2,536 sqft (235.6 sqm): a three-bedroom apartment on the 13th floor of a 16-storey tower completed in 2020.

What is unit 1308 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 1308, DT 1 Downtown

Starts from the last sale price (AED 3.69M, 16 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,690,134
Deposit, UAE resident (20%)
AED 738,027
Deposit, non-resident (40%)
AED 1,476,054
Monthly over 25 years at 3.7%
AED 15,097

Plus AED 159,995 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →