1404, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, DT 1 Downtown
What is 1404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 14th of 16
- Parking
- P1-19
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.68M · June 2021
- Building
- DT 1 Downtown
About 1404, DT 1 Downtown
1404 is a one-bedroom apartment of 993 sqft on the 14th 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 1,677,950, or AED 1,689 per sqft, in line with the AED 1,690 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 125,000 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 17,200 a year.
Sales and rents for 1404 over time
1404 has sold once; the dashed line is the one-bed median of each year in the building.
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 1404 sits
All 36 1-beds →1404 last sold in June 2021 at AED 1,689 per sqft, in line with what one-beds in DT 1 Downtown were fetching at the time (AED 1,690). 1404's AED 125,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jun 202518 June 2025 | 1,036 sqft | 2,600,000 | 2,509 | ||
| 20 May 202520 May 2025 | 993 sqft | 2,450,000 | 2,466 | ||
| 25 Feb 202525 February 2025 | 993 sqft | 2,300,000 | 2,315 | ||
| 22 Nov 202422 November 2024 | 1,036 sqft | 2,300,000 | 2,220 |
DT 1 Downtown
Building130 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%
Other units on the 14th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 536 sqft | AED 1MAED 1,001,000 · Mar 2021March 2021 | 90,000 /yr | |
| 1402 | 2-bed | 1,527 sqft | AED 3MAED 3,000,000 · Apr 2024April 2024 | ||
| 1403 | 1-bed | 1,036 sqft | AED 1.82MAED 1,815,828 · Oct 2018October 2018 | 165,000 /yr | |
| 1405 | 1-bed | 1,036 sqft | AED 1.67MAED 1,670,000 · Dec 2021December 2021 | 160,000 /yr | |
| 1406 | 2-bed | 1,527 sqft | AED 2.82MAED 2,820,828 · Jun 2018June 2018 | 246,814 /yr | |
| 1407 | Studio | 536 sqft | AED 1.22MAED 1,216,828 · Nov 2021November 2021 | ||
| 1408 | 3-bed | 2,536 sqft | AED 6.8MAED 6,800,000 · Jan 2024January 2024 | 280,000 /yr | |
| 1409 | 2-bed | 1,716 sqft | AED 3.3MAED 3,298,828 · Oct 2021October 2021 | 315,000 /yr | |
| 1410 | 2-bed | 1,707 sqft | AED 3.13MAED 3,125,828 · Sep 2018September 2018 | 181,500 /yr |
1404, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 14 June 2021 for AED 1,677,950, or AED 1,689 per sqft.
- Rented since November 2021 on 5 Ejari contracts, from AED 115,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2021 price is 7.4%, before a service charge of about AED 17,200 a year (AED 17.30 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2025.
Questions about 1404, DT 1 Downtown
What did unit 1404 last sell for?
AED 1,677,950 on 14 June 2021, sold by the developer: AED 1,689 per sqft for 993 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 125,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 115,000; the unit has been rented since November 2021.
How big is unit 1404?
993 sqft (92.3 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2020.
What is unit 1404 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 1404, DT 1 Downtown
Starts from the last sale price (AED 1.68M, 14 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,677,950
- Deposit, UAE resident (20%)
- AED 335,590
- Deposit, non-resident (40%)
- AED 671,180
- Monthly over 25 years at 3.7%
- AED 6,865
Plus AED 75,484 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →