2-bed · 1,527 sqftDT 1 Downtown, Downtown Dubai · 14th floor · completed 2020

1402, DT 1 Downtown

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 3M15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, DT 1 Downtown

What is 1402 worth today?

Last sold for AED 3,000,000 in 2024

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15 Apr 2024SoldReady
AED 3,000,000AED 1,964 per sqft
15 Oct 2018Sold by developerOff-plan
AED 2,668,828AED 1,747 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.

Key facts

Type
2-bed apartment
Size
1,527 sqft
Floor
14th of 16
Parking
P1-46
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 26,400 /yr
Last sold
AED 3M · April 2024

About 1402, DT 1 Downtown

1402 is a two-bedroom apartment of 1,527 sqft on the 14th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. It last sold on 15 April 2024 for AED 3,000,000, or AED 1,964 per sqft, 7% below the AED 2,115 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 2018: AED 2,668,828 (AED 1,747 per sqft)Sold, April 2024: AED 3,000,000 (AED 1,964 per sqft)

1402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, 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 220,000

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 1402 sits

All 51 2-beds →

1402 last sold in April 2024 at AED 1,964 per sqft, 7% below what two-beds in DT 1 Downtown were fetching at the time (AED 2,115).

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 14th floor

All 130 units in DT 1 Downtown
Value
1401StudioAED 1M · Mar 2021
14031-bedAED 1.82M · Oct 2018
14041-bedAED 1.68M · Jun 2021
14051-bedAED 1.67M · Dec 2021
14062-bedAED 2.82M · Jun 2018
1407StudioAED 1.22M · Nov 2021
14083-bedAED 6.8M · Jan 2024
1–7 of 9

1402, DT 1 Downtown in numbers

  • Sold twice: first on 15 October 2018 for AED 2,668,828, last on 15 April 2024 for AED 3,000,000 (AED 1,964 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.

Questions about 1402, DT 1 Downtown

What did unit 1402 last sell for?

AED 3,000,000 on 15 April 2024: AED 1,964 per sqft for 1,527 sqft. The unit has 2 registered sales; the first was AED 2,668,828 in October 2018.

How big is unit 1402?

1,527 sqft (141.9 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2020.

What is unit 1402 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 1402, DT 1 Downtown

Starts from the last sale price (AED 3M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →