3-bed · 2,536 sqftDT 1 Downtown, Downtown Dubai · 15th floor · completed 2020

1508, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in April 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 11 April 2021
Last soldAED 4.05M11 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, DT 1 Downtown

What is 1508 worth today?

Last sold for AED 4,050,000 in 2021

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11 Apr 2021Sold by developerReady
AED 4,050,000AED 1,596 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 April 2021.

Key facts

Type
3-bed apartment
Size
2,536 sqft
Floor
15th of 16
Parking
P2-41, P2-40
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 43,900 /yr
Last sold
AED 4.05M · April 2021

About 1508, DT 1 Downtown

1508 is a three-bedroom apartment of 2,536 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 11 April 2021 for AED 4,050,000, or AED 1,596 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical three-bed in DT 1 Downtown
4M20192020202120222023Typical sale price by year: 2019 AED 3,690,134; 2021 AED 4,340,065; 2022 AED 4,271,277Sold by developer, April 2021: AED 4,050,000 (AED 1,596 per sqft)

1508 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1508, each contractTypical three-bed in DT 1 Downtown
250K300K202120232025Typical rent by year: 2021 AED 240,000; 2022 AED 251,500; 2023 AED 275,000; 2024 AED 259,875; 2025 AED 320,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in DT 1 Downtown, and where 1508 sits

All 15 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
26 Jun 20254,417,785
12 Jun 20255,000,000
10 Jan 20246,800,000
31 May 20237,000,000
0 3-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
15022-bedAED 2.21M · Jul 2023
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
1–7 of 9

1508, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 11 April 2021 for AED 4,050,000, or AED 1,596 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 April 2021.

Questions about 1508, DT 1 Downtown

What did unit 1508 last sell for?

AED 4,050,000 on 11 April 2021, sold by the developer: AED 1,596 per sqft for 2,536 sqft. It is the only registered sale of the unit.

How big is unit 1508?

2,536 sqft (235.6 sqm): a three-bedroom apartment on the 15th floor of a 16-storey tower completed in 2020.

What is unit 1508 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 1508, DT 1 Downtown

Starts from the last sale price (AED 4.05M, 11 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

Plus AED 175,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →