2-bed · 1,527 sqftDT 1 Downtown, Downtown Dubai · 15th floor · completed 2020

1502, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 2.21M17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, DT 1 Downtown

What is 1502 worth today?

Last sold for AED 2,210,670 in 2023

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17 Jul 2023Sold by developerReady
AED 2,210,670AED 1,447 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2023.

Key facts

Type
2-bed apartment
Size
1,527 sqft
Floor
15th of 16
Parking
P1-23
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 26,400 /yr
Last sold
AED 2.21M · July 2023

About 1502, DT 1 Downtown

1502 is a two-bedroom apartment of 1,527 sqft on the 15th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. The developer sold it on 17 July 2023 for AED 2,210,670, or AED 1,447 per sqft, 32% below the AED 2,136 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in DT 1 Downtown
2M3M4M20182020202220242026Typical 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, July 2023: AED 2,210,670 (AED 1,447 per sqft)

1502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, 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 1502 sits

All 51 2-beds →

1502 last sold in July 2023 at AED 1,447 per sqft, 32% below what two-beds in DT 1 Downtown were fetching at the time (AED 2,136).

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 15th floor

All 130 units in DT 1 Downtown
Value
1501StudioAED 1.29M · Feb 2025
15031-bedAED 1.5M · Jul 2023
15041-bedAED 1.6M · Feb 2020
15051-bedAED 2.01M · Feb 2020
15062-bedAED 2.21M · Aug 2023
1507StudioAED 1.22M · Feb 2022
15083-bedAED 4.05M · Apr 2021
1–7 of 9

1502, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 17 July 2023 for AED 2,210,670, or AED 1,447 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2023.

Questions about 1502, DT 1 Downtown

What did unit 1502 last sell for?

AED 2,210,670 on 17 July 2023, sold by the developer: AED 1,447 per sqft for 1,527 sqft. It is the only registered sale of the unit.

How big is unit 1502?

1,527 sqft (141.9 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2020.

What is unit 1502 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 1502, DT 1 Downtown

Starts from the last sale price (AED 2.21M, 17 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,210,670
Deposit, UAE resident (20%)
AED 442,134
Deposit, non-resident (40%)
AED 884,268
Monthly over 25 years at 3.7%
AED 9,045

Plus AED 97,858 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →