1406, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, DT 1 Downtown
What is 1406 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,527 sqft
- Floor
- 14th of 16
- Parking
- P1-17
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 26,400 /yr
- Last sold
- AED 2.82M · June 2018
- Building
- DT 1 Downtown
About 1406, DT 1 Downtown
1406 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. The developer sold it on 6 June 2018 for AED 2,820,828, or AED 1,847 per sqft, in line with the AED 1,817 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 30 September 2024, is AED 246,814 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 26,400 a year.
Sales and rents for 1406 over time
1406 has sold once; the dashed line is the two-bed median of each year in the building.
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 1406 sits
All 51 2-beds →1406 last sold in June 2018 at AED 1,847 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 1,817).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20252 July 2025 | 1,716 sqft | 2,495,040 | 1,453 | ||
| 2 Jul 20252 July 2025 | 3,392 sqft | 4,961,830 | 1,462 | ||
| 26 Jun 202526 June 2025 | 1,707 sqft | 2,436,939 | 1,427 | ||
| 11 Apr 202511 April 2025 | 1,527 sqft | 3,850,000 | 2,520 |
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 | |
| 1404 | 1-bed | 993 sqft | AED 1.68MAED 1,677,950 · Jun 2021June 2021 | 125,000 /yr | |
| 1405 | 1-bed | 1,036 sqft | AED 1.67MAED 1,670,000 · Dec 2021December 2021 | 160,000 /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 |
1406, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 6 June 2018 for AED 2,820,828, or AED 1,847 per sqft.
- Rented since September 2023 on 2 Ejari contracts, from AED 255,000 to AED 246,814 a year.
- At AED 246,814 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 26,400 a year (AED 17.30 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.
Questions about 1406, DT 1 Downtown
What did unit 1406 last sell for?
AED 2,820,828 on 6 June 2018, sold by the developer: AED 1,847 per sqft for 1,527 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 246,814 a year on the contract signed on 30 September 2024. The previous contract, from September 2023, was AED 255,000.
How big is unit 1406?
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 1406 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 1406, DT 1 Downtown
Starts from the last sale price (AED 2.82M, 6 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,820,828
- Deposit, UAE resident (20%)
- AED 564,166
- Deposit, non-resident (40%)
- AED 1,128,331
- Monthly over 25 years at 3.7%
- AED 11,541
Plus AED 123,485 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →