401, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, DT 1 Downtown
What is 401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 4th of 16
- Parking
- P2-21
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.1M · December 2021
- Building
- DT 1 Downtown
About 401, DT 1 Downtown
401 is a studio of 536 sqft on the 4th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. The developer sold it on 26 December 2021 for AED 1,100,828, or AED 2,055 per sqft, 7% above the AED 1,926 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 January 2026. The current contract, signed on 15 January 2026, is AED 100,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 9,300 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in DT 1 Downtown, and where 401 sits
All 26 studios →401 last sold in December 2021 at AED 2,055 per sqft, 7% above what studios in DT 1 Downtown were fetching at the time (AED 1,926). Over the last 12 months studios sold for AED 13,911, around AED 25 per sqft, and rent for AED 90,000 to 104,202 a year. 401's AED 100,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 536 sqft | 13,911 | 25 | ||
| 4 Jul 20254 July 2025 | 536 sqft | 22,157 | 41 | ||
| 3 Jun 20253 June 2025 | 536 sqft | 1,365,000 | 2,548 | ||
| 17 Apr 202517 April 2025 | 536 sqft | 1,375,000 | 2,567 |
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 4th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,527 sqft | AED 3.06MAED 3,060,000 · Jul 2023July 2023 | ||
| 403 | 1-bed | 1,036 sqft | AED 1.87MAED 1,867,828 · Aug 2018August 2018 | 160,000 /yr | |
| 404 | 1-bed | 993 sqft | AED 2.18MAED 2,175,000 · May 2024May 2024 | 140,757 /yr | |
| 405 | 1-bed | 1,036 sqft | AED 2.3MAED 2,300,000 · Aug 2024August 2024 | 140,000 /yr | |
| 406 | 2-bed | 1,527 sqft | AED 3.8MAED 3,800,000 · Jun 2024June 2024 | 265,000 /yr | |
| 407 | Studio | 536 sqft | AED 1.25MAED 1,254,828 · Nov 2021November 2021 | ||
| 408 | 3-bed | 2,536 sqft | AED 4.27MAED 4,271,277 · Jun 2021June 2021 | 257,250 /yr | |
| 409 | 2-bed | 1,716 sqft | AED 2.5MAED 2,495,040 · Jul 2025July 2025 | 165,000 /yr | |
| 410 | 2-bed | 1,707 sqft | AED 2.87MAED 2,867,686 · Jun 2021June 2021 | 180,065 /yr |
401, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 26 December 2021 for AED 1,100,828, or AED 2,055 per sqft.
- Rented since January 2026 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2021 price is 9.1%, before a service charge of about AED 9,300 a year (AED 17.30 per sqft).
- Studios in DT 1 Downtown sold for AED 13,911–13,911 in the 12 months to November 2026; the building's median across all types is AED 25 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2026.
Questions about 401, DT 1 Downtown
What did unit 401 last sell for?
AED 1,100,828 on 26 December 2021, sold by the developer: AED 2,055 per sqft for 536 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 100,000 a year on the contract signed on 15 January 2026.
How big is unit 401?
536 sqft (49.8 sqm): a studio on the 4th floor of a 16-storey tower completed in 2020.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in DT 1 Downtown sold for AED 13,911 to 13,911 in the last 12 months, around AED 25 per sqft.
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Mortgage on 401, DT 1 Downtown
Starts from the last sale price (AED 1.1M, 26 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,828
- Deposit, UAE resident (20%)
- AED 220,166
- Deposit, non-resident (40%)
- AED 440,331
- Monthly over 25 years at 3.7%
- AED 4,504
Plus AED 51,245 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →