1-bed · 1,036 sqftDT 1 Downtown, Downtown Dubai · 14th floor · completed 2020

1405, DT 1 Downtown

Sold prices and rental history: sold twice, last in December 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 11 January 2025
Last soldAED 1.67M20 December 2021
Current rentAED 160K /yr11 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, DT 1 Downtown

What is 1405 worth today?

Last sold for AED 1,670,000 in 2021

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11 Jan 2025RentedRenewal
AED 160,000/yr12 months · AED 155 per sqft
11 Jan 2024RentedRenewal
AED 154,000/yr12 months · AED 149 per sqft
11 Jan 2023RentedRenewal
AED 140,000/yr12 months · AED 135 per sqft
20 Dec 2021SoldReady
AED 1,670,000AED 1,611 per sqft
6 Sep 2018Sold by developerOff-plan
AED 2,000,828AED 1,931 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 January 2025.

Key facts

Type
1-bed apartment
Size
1,036 sqft
Floor
14th of 16
Parking
P1-18
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 17,900 /yr
Last sold
AED 1.67M · December 2021

About 1405, DT 1 Downtown

1405 is a one-bedroom apartment of 1,036 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 20 December 2021 for AED 1,670,000, or AED 1,611 per sqft, 5% below the AED 1,690 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 11 January 2025, is AED 160,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 17,900 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical one-bed in DT 1 Downtown
2M2.5M20182020202220242026Typical sale price by year: 2018 AED 1,867,828; 2020 AED 1,945,828; 2021 AED 1,751,446; 2022 AED 2,231,828; 2023 AED 2,075,000; 2024 AED 2,300,000; 2025 AED 2,450,000Sold by developer, September 2018: AED 2,000,828 (AED 1,931 per sqft)Sold, December 2021: AED 1,670,000 (AED 1,611 per sqft)

1405 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, each contractTypical one-bed in DT 1 Downtown
100K150K202120232025Typical rent by year: 2021 AED 100,000; 2022 AED 104,848; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 144,646Renewal, January 2023: AED 140,000 a yearRenewal, January 2024: AED 154,000 a yearRenewal, January 2025: AED 160,000 a year

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 1405 sits

All 36 1-beds →

1405 last sold in December 2021 at AED 1,611 per sqft, 5% below what one-beds in DT 1 Downtown were fetching at the time (AED 1,690). 1405's AED 160,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Jun 20252,600,000
20 May 20252,450,000
25 Feb 20252,300,000
22 Nov 20242,300,000
0 1-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
14022-bedAED 3M · Apr 2024
14031-bedAED 1.82M · Oct 2018
14041-bedAED 1.68M · Jun 2021
14062-bedAED 2.82M · Jun 2018
1407StudioAED 1.22M · Nov 2021
14083-bedAED 6.8M · Jan 2024
1–7 of 9

1405, DT 1 Downtown in numbers

  • Sold twice: first on 6 September 2018 for AED 2,000,828, last on 20 December 2021 for AED 1,670,000 (AED 1,611 per sqft).
  • Rented since January 2023 on 3 Ejari contracts, from AED 140,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 17,900 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 11 January 2025.

Questions about 1405, DT 1 Downtown

What did unit 1405 last sell for?

AED 1,670,000 on 20 December 2021: AED 1,611 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 2,000,828 in September 2018.

What is the rent for unit 1405?

AED 160,000 a year on the contract renewed on 11 January 2025. The previous contract, from January 2024, was AED 154,000; the unit has been rented since January 2023.

How big is unit 1405?

1,036 sqft (96.2 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2020.

What is unit 1405 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 1405, DT 1 Downtown

Starts from the last sale price (AED 1.67M, 20 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,670,000
Deposit, UAE resident (20%)
AED 334,000
Deposit, non-resident (40%)
AED 668,000
Monthly over 25 years at 3.7%
AED 6,832

Plus AED 75,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →