2-bed · 3,776 sqftDT 1 Downtown, Downtown Dubai · 3rd floor · completed 2020

303, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 3.64M16 December 2019
Current rentAED 220K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, DT 1 Downtown

What is 303 worth today?

Last sold for AED 3,641,620 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2024RentedRenewal
AED 220,000/yr12 months · AED 58 per sqft
1 Nov 2022RentedNew contract
AED 220,000/yr12 months · AED 58 per sqft
1 Nov 2021RentedNew contract
AED 230,000/yr12 months · AED 61 per sqft
16 Dec 2019Sold by developerOff-plan
AED 3,641,620AED 964 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
3,776 sqft
Floor
3rd of 16
Parking
P2-59
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 65,300 /yr
Last sold
AED 3.64M · December 2019

About 303, DT 1 Downtown

303 is a two-bedroom apartment of 3,776 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 16 December 2019 for AED 3,641,620, or AED 964 per sqft, in line with the AED 970 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 220,000 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 65,300 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in DT 1 Downtown
3M4M20182020202220242026Typical 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, December 2019: AED 3,641,620 (AED 964 per sqft)

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

Rents
Unit 303, 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 220,000New contract, November 2021: AED 230,000 a yearNew contract, November 2022: AED 220,000 a yearRenewal, November 2024: AED 220,000 a year

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 303 sits

All 51 2-beds →

303 last sold in December 2019 at AED 964 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 970).

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 3rd floor

All 130 units in DT 1 Downtown
Value
301StudioAED 1.32M · Jun 2021
3022-bedAED 4.02M · Jun 2021
304StudioAED 1.92M · Jun 2021
3053-bedAED 5.44M · Dec 2019
3062-bedAED 4.96M · Jul 2025
3072-bedAED 4.03M · Dec 2019

303, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 16 December 2019 for AED 3,641,620, or AED 964 per sqft.
  • Rented since November 2021 on 3 Ejari contracts, from AED 230,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2019 price is 6.0%, before a service charge of about AED 65,300 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Questions about 303, DT 1 Downtown

What did unit 303 last sell for?

AED 3,641,620 on 16 December 2019, sold by the developer: AED 964 per sqft for 3,776 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 220,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2022, was AED 220,000; the unit has been rented since November 2021.

How big is unit 303?

3,776 sqft (350.8 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2020.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 303? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 303, DT 1 Downtown

Starts from the last sale price (AED 3.64M, 16 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,641,620
Deposit, UAE resident (20%)
AED 728,324
Deposit, non-resident (40%)
AED 1,456,648
Monthly over 25 years at 3.7%
AED 14,899

Plus AED 157,958 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →