502, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, DT 1 Downtown
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,527 sqft
- Floor
- 5th of 16
- Parking
- P2-58
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 26,400 /yr
- Last sold
- AED 2.57M · June 2021
- Building
- DT 1 Downtown
About 502, DT 1 Downtown
502 is a two-bedroom apartment of 1,527 sqft on the 5th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. The developer sold it on 13 June 2021 for AED 2,573,523, or AED 1,685 per sqft, in line with the AED 1,692 two-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 7 September 2025, is AED 225,000 a year: a gross yield of 8.7% on the 2021 price, before the service charge of about AED 26,400 a year.
Sales and rents for 502 over time
502 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 502 sits
All 51 2-beds →502 last sold in June 2021 at AED 1,685 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 1,692).
| 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 5th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 536 sqft | AED 1.35MAED 1,350,000 · Jun 2023June 2023 | 93,000 /yr | |
| 503 | 1-bed | 1,036 sqft | AED 1.87MAED 1,867,828 · Feb 2018February 2018 | ||
| 504 | 1-bed | 993 sqft | AED 2.22MAED 2,219,828 · May 2022May 2022 | 135,000 /yr | |
| 505 | 1-bed | 1,036 sqft | AED 2.35MAED 2,350,000 · Feb 2024February 2024 | 130,000 /yr | |
| 506 | 2-bed | 1,527 sqft | AED 3.4MAED 3,400,000 · Apr 2023April 2023 | 130,000 /yr | |
| 507 | Studio | 536 sqft | AED 1.07MAED 1,071,828 · Mar 2018March 2018 | 59,000 /yr | |
| 508 | 3-bed | 2,536 sqft | AED 5MAED 5,000,000 · Jun 2025June 2025 | 205,000 /yr | |
| 509 | 2-bed | 1,716 sqft | No registered sale | 245,000 /yr | |
| 510 | 2-bed | 1,707 sqft | No registered sale | 230,000 /yr |
502, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 13 June 2021 for AED 2,573,523, or AED 1,685 per sqft.
- Rented since November 2021 on 5 Ejari contracts, from AED 182,000 to AED 225,000 a year.
- At AED 225,000 a year the gross yield on the 2021 price is 8.7%, before a service charge of about AED 26,400 a year (AED 17.30 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2025.
Questions about 502, DT 1 Downtown
What did unit 502 last sell for?
AED 2,573,523 on 13 June 2021, sold by the developer: AED 1,685 per sqft for 1,527 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 225,000 a year on the contract renewed on 7 September 2025. The previous contract, from September 2024, was AED 225,000; the unit has been rented since November 2021.
How big is unit 502?
1,527 sqft (141.9 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2020.
What is unit 502 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 502, DT 1 Downtown
Starts from the last sale price (AED 2.57M, 13 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,573,523
- Deposit, UAE resident (20%)
- AED 514,705
- Deposit, non-resident (40%)
- AED 1,029,409
- Monthly over 25 years at 3.7%
- AED 10,529
Plus AED 113,098 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →