302, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, DT 1 Downtown
What is 302 worth today?
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Source: Dubai Land Department. Updated 7 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,332 sqft
- Floor
- 3rd of 16
- Parking
- P2-02
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 40,300 /yr
- Last sold
- AED 4.02M · June 2021
- Building
- DT 1 Downtown
About 302, DT 1 Downtown
302 is a two-bedroom apartment of 2,332 sqft on the 3rd floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. The developer sold it on 10 June 2021 for AED 4,016,360, or AED 1,722 per sqft, in line with the AED 1,763 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 7 March 2025, is AED 260,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 40,300 a year.
Sales and rents for 302 over time
302 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 302 sits
All 51 2-beds →302 last sold in June 2021 at AED 1,722 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 1,763).
| 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 3rd floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 776 sqft | AED 1.32MAED 1,316,559 · Jun 2021June 2021 | 95,000 /yr | |
| 303 | 2-bed | 3,776 sqft | AED 3.64MAED 3,641,620 · Dec 2019December 2019 | 220,000 /yr | |
| 304 | Studio | 1,131 sqft | AED 1.92MAED 1,920,149 · Jun 2021June 2021 | 105,000 /yr | |
| 305 | 3-bed | 6,091 sqft | AED 5.44MAED 5,440,778 · Dec 2019December 2019 | 407,000 /yr | |
| 306 | 2-bed | 3,392 sqft | AED 4.96MAED 4,961,830 · Jul 2025July 2025 | 245,000 /yr | |
| 307 | 2-bed | 4,150 sqft | AED 4.03MAED 4,026,136 · Dec 2019December 2019 | 219,300 /yr |
302, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 10 June 2021 for AED 4,016,360, or AED 1,722 per sqft.
- Rented since October 2021 on 3 Ejari contracts, from AED 210,000 to AED 260,000 a year.
- At AED 260,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 40,300 a year (AED 17.30 per sqft).
Source: Dubai Land Department. Updated 7 March 2025.
Questions about 302, DT 1 Downtown
What did unit 302 last sell for?
AED 4,016,360 on 10 June 2021, sold by the developer: AED 1,722 per sqft for 2,332 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 260,000 a year on the contract signed on 7 March 2025. The previous contract, from February 2024, was AED 210,000; the unit has been rented since October 2021.
How big is unit 302?
2,332 sqft (216.7 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2020.
What is unit 302 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 302, DT 1 Downtown
Starts from the last sale price (AED 4.02M, 10 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,016,360
- Deposit, UAE resident (20%)
- AED 803,272
- Deposit, non-resident (40%)
- AED 1,606,544
- Monthly over 25 years at 3.7%
- AED 16,432
Plus AED 173,697 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →