604, DT 1 Downtown
Sold prices and rental history: sold twice, last in May 2024, 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 604, DT 1 Downtown
What is 604 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 6th of 16
- Parking
- P1-59
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 17,200 /yr
- Last sold
- AED 2.15M · May 2024
- Building
- DT 1 Downtown
About 604, DT 1 Downtown
604 is a one-bedroom apartment of 993 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 10 May 2024 for AED 2,150,000, or AED 2,164 per sqft, in line with the AED 2,151 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 November 2024, is AED 125,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 17,200 a year.
Sales and rents for 604 over time
604 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 604 sits
All 36 1-beds →604 last sold in May 2024 at AED 2,164 per sqft, in line with what one-beds in DT 1 Downtown were fetching at the time (AED 2,151). 604's AED 125,000 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 | |
| 603 | 1-bed | 1,036 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | 95,000 /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 |
604, DT 1 Downtown in numbers
- Sold twice: first on 13 June 2021 for AED 1,677,950, last on 10 May 2024 for AED 2,150,000 (AED 2,164 per sqft).
- Rented since November 2021 on 4 Ejari contracts, from AED 115,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 17,200 a year (AED 17.30 per sqft).
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 604, DT 1 Downtown
What did unit 604 last sell for?
AED 2,150,000 on 10 May 2024: AED 2,164 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 1,677,950 in June 2021.
What is the rent for unit 604?
AED 125,000 a year on the contract signed on 1 November 2024. The previous contract, from November 2023, was AED 125,000; the unit has been rented since November 2021.
How big is unit 604?
993 sqft (92.3 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2020.
What is unit 604 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 604, DT 1 Downtown
Starts from the last sale price (AED 2.15M, 10 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →