2-bed · 1,716 sqftDT 1 Downtown, Downtown Dubai · 13th floor · completed 2020

1309, DT 1 Downtown

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

Unit 1309 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 2.9M14 June 2021
Current rentAED 230K /yr4 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, DT 1 Downtown

What is 1309 worth today?

Last sold for AED 2,904,570 in 2021

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4 Dec 2024RentedRenewal
AED 230,000/yr12 months · AED 134 per sqft
1 Nov 2022RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
1 Nov 2021RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
14 Jun 2021Sold by developerReady
AED 2,904,570AED 1,692 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 December 2024.

Key facts

Type
2-bed apartment
Size
1,716 sqft
Floor
13th of 16
Parking
P1-55
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 29,700 /yr
Last sold
AED 2.9M · June 2021

About 1309, DT 1 Downtown

1309 is a two-bedroom apartment of 1,716 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 14 June 2021 for AED 2,904,570, or AED 1,692 per sqft, in line with the AED 1,689 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 December 2024, is AED 230,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 29,700 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, 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, June 2021: AED 2,904,570 (AED 1,692 per sqft)

1309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, 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, November 2021: AED 175,000 a yearNew contract, November 2022: AED 175,000 a yearRenewal, December 2024: AED 230,000 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 DT 1 Downtown, and where 1309 sits

All 51 2-beds →

1309 last sold in June 2021 at AED 1,692 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 1,689).

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 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

1309, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 14 June 2021 for AED 2,904,570, or AED 1,692 per sqft.
  • Rented since November 2021 on 3 Ejari contracts, from AED 175,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 29,700 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 December 2024.

Questions about 1309, DT 1 Downtown

What did unit 1309 last sell for?

AED 2,904,570 on 14 June 2021, sold by the developer: AED 1,692 per sqft for 1,716 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 230,000 a year on the contract renewed on 4 December 2024. The previous contract, from November 2022, was AED 175,000; the unit has been rented since November 2021.

How big is unit 1309?

1,716 sqft (159.4 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2020.

What is unit 1309 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 1309, DT 1 Downtown

Starts from the last sale price (AED 2.9M, 14 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,904,570
Deposit, UAE resident (20%)
AED 580,914
Deposit, non-resident (40%)
AED 1,161,828
Monthly over 25 years at 3.7%
AED 11,883

Plus AED 127,002 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →