1-bed · 1,036 sqftDT 1 Downtown, Downtown Dubai · 4th floor · completed 2020

403, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in August 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.87M8 August 2018
Current rentAED 160K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, DT 1 Downtown

What is 403 worth today?

Last sold for AED 1,867,828 in 2018

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15 Mar 2025RentedRenewal
AED 160,000/yr12 months · AED 154 per sqft
15 Mar 2024RentedNew contract
AED 160,000/yr12 months · AED 154 per sqft
1 Nov 2022RentedRenewal
AED 109,695/yr12 months · AED 106 per sqft
1 Nov 2021RentedNew contract
AED 110,000/yr12 months · AED 106 per sqft
17 Feb 2021RentedNew contract
AED 95,000/yr12 months · AED 92 per sqft
8 Aug 2018Sold by developerOff-plan
AED 1,867,828AED 1,802 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
1,036 sqft
Floor
4th of 16
Parking
P2-03
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 17,900 /yr
Last sold
AED 1.87M · August 2018

About 403, DT 1 Downtown

403 is a one-bedroom apartment of 1,036 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 8 August 2018 for AED 1,867,828, or AED 1,802 per sqft, in line with the AED 1,852 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 160,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 17,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in DT 1 Downtown
2M2.5M20182020202220242026Typical sale price by year: 2018 AED 1,867,828; 2020 AED 1,945,828; 2021 AED 1,751,446; 2022 AED 2,231,828; 2023 AED 2,075,000; 2024 AED 2,300,000; 2025 AED 2,450,000Sold by developer, August 2018: AED 1,867,828 (AED 1,802 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in DT 1 Downtown
100K150K202120232025Typical rent by year: 2021 AED 100,000; 2022 AED 104,848; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 144,646New contract, February 2021: AED 95,000 a yearNew contract, November 2021: AED 110,000 a yearRenewal, November 2022: AED 109,695 a yearNew contract, March 2024: AED 160,000 a yearRenewal, March 2025: AED 160,000 a year

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

1-beds in DT 1 Downtown, and where 403 sits

All 36 1-beds →

403 last sold in August 2018 at AED 1,802 per sqft, in line with what one-beds in DT 1 Downtown were fetching at the time (AED 1,852). 403's AED 160,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Jun 20252,600,000
20 May 20252,450,000
25 Feb 20252,300,000
22 Nov 20242,300,000
0 1-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 4th floor

All 130 units in DT 1 Downtown
Value
401StudioAED 1.1M · Dec 2021
4022-bedAED 3.06M · Jul 2023
4041-bedAED 2.18M · May 2024
4051-bedAED 2.3M · Aug 2024
4062-bedAED 3.8M · Jun 2024
407StudioAED 1.25M · Nov 2021
4083-bedAED 4.27M · Jun 2021
1–7 of 9

403, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 8 August 2018 for AED 1,867,828, or AED 1,802 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 95,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 17,900 a year (AED 17.30 per sqft).

Source: Dubai Land Department. Updated 15 March 2025.

Questions about 403, DT 1 Downtown

What did unit 403 last sell for?

AED 1,867,828 on 8 August 2018, sold by the developer: AED 1,802 per sqft for 1,036 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 160,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 160,000; the unit has been rented since February 2021.

How big is unit 403?

1,036 sqft (96.2 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2020.

What is unit 403 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 403, DT 1 Downtown

Starts from the last sale price (AED 1.87M, 8 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,867,828
Deposit, UAE resident (20%)
AED 373,566
Deposit, non-resident (40%)
AED 747,131
Monthly over 25 years at 3.7%
AED 7,642

Plus AED 83,459 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →