603, DT 1 Downtown
Sold prices and rental history: sold twice, last in February 2023, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, DT 1 Downtown
What is 603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,036 sqft
- Floor
- 6th of 16
- Parking
- P2-31
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 17,900 /yr
- Last sold
- AED 2M · February 2023
- Building
- DT 1 Downtown
About 603, DT 1 Downtown
603 is a one-bedroom apartment of 1,036 sqft on the 6th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. It last sold on 14 February 2023 for AED 2,000,000, or AED 1,930 per sqft, 9% below the AED 2,123 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 February 2022. The current contract, renewed on 15 February 2022, is AED 95,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 17,900 a year.
Sales and rents for 603 over time
603 has sold twice; the dashed line is the one-bed median of each year in the building.
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 603 sits
All 36 1-beds →603 last sold in February 2023 at AED 1,930 per sqft, 9% below what one-beds in DT 1 Downtown were fetching at the time (AED 2,123). 603's AED 95,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jun 202518 June 2025 | 1,036 sqft | 2,600,000 | 2,509 | ||
| 20 May 202520 May 2025 | 993 sqft | 2,450,000 | 2,466 | ||
| 25 Feb 202525 February 2025 | 993 sqft | 2,300,000 | 2,315 | ||
| 22 Nov 202422 November 2024 | 1,036 sqft | 2,300,000 | 2,220 |
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 6th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 269 sqft | AED 1.17MAED 1,171,828 · Feb 2021February 2021 | ||
| 602 | 2-bed | 1,527 sqft | AED 2.75MAED 2,754,952 · Apr 2021April 2021 | 255,000 /yr | |
| 604 | 1-bed | 993 sqft | AED 2.15MAED 2,150,000 · May 2024May 2024 | 125,000 /yr | |
| 605 | 1-bed | 1,036 sqft | AED 2MAED 2,000,000 · Nov 2023November 2023 | 170,000 /yr | |
| 606 | 2-bed | 1,527 sqft | AED 2.78MAED 2,781,828 · May 2018May 2018 | ||
| 607 | Studio | 536 sqft | AED 650KAED 650,000 · May 2024May 2024 | 94,000 /yr | |
| 608 | 3-bed | 89 sqft | AED 183KAED 182,700 · Mar 2022March 2022 | ||
| 609 | 2-bed | 1,716 sqft | AED 3.18MAED 3,175,000 · Sep 2022September 2022 | 135,000 /yr | |
| 610 | 2-bed | 1,707 sqft | AED 2.87MAED 2,867,686 · Jun 2021June 2021 | 187,000 /yr |
603, DT 1 Downtown in numbers
- Sold twice: first on 9 May 2018 for AED 1,860,652, last on 14 February 2023 for AED 2,000,000 (AED 1,930 per sqft).
- Rented since February 2022 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 17,900 a year (AED 17.30 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2023.
Questions about 603, DT 1 Downtown
What did unit 603 last sell for?
AED 2,000,000 on 14 February 2023: AED 1,930 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 1,860,652 in May 2018.
What is the rent for unit 603?
AED 95,000 a year on the contract renewed on 15 February 2022.
How big is unit 603?
1,036 sqft (96.2 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2020.
What is unit 603 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 603, DT 1 Downtown
Starts from the last sale price (AED 2M, 14 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →