1503, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in July 2023, 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 1503, DT 1 Downtown
What is 1503 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,036 sqft
- Floor
- 15th of 16
- Parking
- P1-20
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 17,900 /yr
- Last sold
- AED 1.5M · July 2023
- Building
- DT 1 Downtown
About 1503, DT 1 Downtown
1503 is a one-bedroom apartment of 1,036 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 1,504,418, or AED 1,452 per sqft, 26% below the AED 1,954 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 15 May 2025, is AED 125,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 17,900 a year.
Sales and rents for 1503 over time
1503 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 1503 sits
All 36 1-beds →1503 last sold in July 2023 at AED 1,452 per sqft, 26% below what one-beds in DT 1 Downtown were fetching at the time (AED 1,954). 1503'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 15th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 536 sqft | AED 1.29MAED 1,285,000 · Feb 2025February 2025 | 70,000 /yr | |
| 1502 | 2-bed | 1,527 sqft | AED 2.21MAED 2,210,670 · Jul 2023July 2023 | ||
| 1504 | 1-bed | 993 sqft | AED 1.6MAED 1,601,519 · Feb 2020February 2020 | 135,000 /yr | |
| 1505 | 1-bed | 1,036 sqft | AED 2.01MAED 2,009,828 · Feb 2020February 2020 | 100,000 /yr | |
| 1506 | 2-bed | 1,527 sqft | AED 2.21MAED 2,210,670 · Aug 2023August 2023 | 240,000 /yr | |
| 1507 | Studio | 536 sqft | AED 1.22MAED 1,220,000 · Feb 2022February 2022 | 85,000 /yr | |
| 1508 | 3-bed | 2,536 sqft | AED 4.05MAED 4,050,000 · Apr 2021April 2021 | ||
| 1509 | 2-bed | 1,716 sqft | AED 4.12MAED 4,120,828 · Aug 2022August 2022 | 210,000 /yr | |
| 1510 | 2-bed | 1,707 sqft | AED 2.73MAED 2,727,501 · Feb 2020February 2020 | 191,257 /yr |
1503, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 17 July 2023 for AED 1,504,418, or AED 1,452 per sqft.
- Rented since May 2021 on 5 Ejari contracts, from AED 97,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 17,900 a year (AED 17.30 per sqft).
Source: Dubai Land Department. Updated 15 May 2025.
Questions about 1503, DT 1 Downtown
What did unit 1503 last sell for?
AED 1,504,418 on 17 July 2023, sold by the developer: AED 1,452 per sqft for 1,036 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 125,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2025, was AED 125,000; the unit has been rented since May 2021.
How big is unit 1503?
1,036 sqft (96.2 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2020.
What is unit 1503 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 1503, DT 1 Downtown
Starts from the last sale price (AED 1.5M, 17 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,504,418
- Deposit, UAE resident (20%)
- AED 300,884
- Deposit, non-resident (40%)
- AED 601,767
- Monthly over 25 years at 3.7%
- AED 6,155
Plus AED 68,196 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →