2-bed · 1,716 sqftDT 1 Downtown, Downtown Dubai · 5th floor · completed 2020

509, DT 1 Downtown

Sold prices and rental history: no registered sale, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 16 December 2024
Current rentAED 245K /yr16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, DT 1 Downtown

What is 509 worth today?

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16 Dec 2024RentedNew contract
AED 245,000/yr12 months · AED 143 per sqft
5 Mar 2022RentedNew contract
AED 230,000/yr12 months · AED 134 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
1,716 sqft
Floor
5th of 16
Parking
P2-07
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 29,700 /yr
Last sold
No registered sale

About 509, DT 1 Downtown

509 is a two-bedroom apartment of 1,716 sqft on the 5th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 16 December 2024, is AED 245,000 a year, before the service charge of about AED 29,700 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 3,850,000

No registered sale of 509; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, each contractTypical two-bed in DT 1 Downtown
150K200K250K202120232025Typical rent by year: 2021 AED 160,000; 2022 AED 175,000; 2023 AED 195,000; 2024 AED 230,000; 2025 AED 220,000New contract, March 2022: AED 230,000 a yearNew contract, December 2024: AED 245,000 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 509 sits

All 51 2-beds →
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 5th floor

All 130 units in DT 1 Downtown
Value
501StudioAED 1.35M · Jun 2023
5022-bedAED 2.57M · Jun 2021
5031-bedAED 1.87M · Feb 2018
5041-bedAED 2.22M · May 2022
5051-bedAED 2.35M · Feb 2024
5062-bedAED 3.4M · Apr 2023
507StudioAED 1.07M · Mar 2018
1–7 of 9

509, DT 1 Downtown in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2022 on 2 Ejari contracts, from AED 230,000 to AED 245,000 a year.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2024.

Questions about 509, DT 1 Downtown

What is the rent for unit 509?

AED 245,000 a year on the contract signed on 16 December 2024. The previous contract, from March 2022, was AED 230,000.

How big is unit 509?

1,716 sqft (159.4 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2020.

What is unit 509 worth today?

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

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