3-bed · 6,091 sqftDT 1 Downtown, Downtown Dubai · 3rd floor · completed 2020

305, DT 1 Downtown

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

Unit 305 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 5.44M16 December 2019
Current rentAED 407K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, DT 1 Downtown

What is 305 worth today?

Last sold for AED 5,440,778 in 2019

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15 Oct 2023RentedNew contract
AED 407,000/yr13 months · AED 67 per sqft
15 Oct 2023RentedNew contract
AED 407,000/yr12 months · AED 67 per sqft
1 Oct 2022RentedNew contract
AED 390,000/yr12 months · AED 64 per sqft
1 Sep 2021RentedNew contract
AED 390,000/yr12 months · AED 64 per sqft
16 Dec 2019Sold by developerOff-plan
AED 5,440,778AED 893 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.

Key facts

Type
3-bed apartment
Size
6,091 sqft
Floor
3rd of 16
Parking
P2-80; P2-81
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 105,400 /yr
Last sold
AED 5.44M · December 2019

About 305, DT 1 Downtown

305 is a three-bedroom apartment of 6,091 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 5,440,778, or AED 893 per sqft, 36% below the AED 1,399 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 October 2023, is AED 407,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 105,400 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical three-bed in DT 1 Downtown
4M5M20192020202120222023Typical sale price by year: 2019 AED 3,690,134; 2021 AED 4,340,065; 2022 AED 4,271,277Sold by developer, December 2019: AED 5,440,778 (AED 893 per sqft)

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

Rents
Unit 305, each contractTypical three-bed in DT 1 Downtown
300K400K202120232025Typical rent by year: 2021 AED 240,000; 2022 AED 251,500; 2023 AED 275,000; 2024 AED 259,875; 2025 AED 320,000New contract, September 2021: AED 390,000 a yearNew contract, October 2022: AED 390,000 a yearNew contract, October 2023: AED 407,000 a yearNew contract, October 2023: AED 407,000 a year

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 305 sits

All 15 3-beds →

305 last sold in December 2019 at AED 893 per sqft, 36% below what three-beds in DT 1 Downtown were fetching at the time (AED 1,399).

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 3rd floor

All 130 units in DT 1 Downtown
Value
301StudioAED 1.32M · Jun 2021
3022-bedAED 4.02M · Jun 2021
3032-bedAED 3.64M · Dec 2019
304StudioAED 1.92M · Jun 2021
3062-bedAED 4.96M · Jul 2025
3072-bedAED 4.03M · Dec 2019

305, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 16 December 2019 for AED 5,440,778, or AED 893 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 390,000 to AED 407,000 a year.
  • At AED 407,000 a year the gross yield on the 2019 price is 7.5%, before a service charge of about AED 105,400 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.

Questions about 305, DT 1 Downtown

What did unit 305 last sell for?

AED 5,440,778 on 16 December 2019, sold by the developer: AED 893 per sqft for 6,091 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 407,000 a year on the contract signed on 15 October 2023. The previous contract, from October 2023, was AED 407,000; the unit has been rented since September 2021.

How big is unit 305?

6,091 sqft (565.9 sqm): a three-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2020.

What is unit 305 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 305, DT 1 Downtown

Starts from the last sale price (AED 5.44M, 16 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 5,440,778
Deposit, UAE resident (20%)
AED 1,088,156
Deposit, non-resident (40%)
AED 2,176,311
Monthly over 25 years at 3.7%
AED 22,260

Plus AED 233,523 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →