607, DT 1 Downtown
Sold prices and rental history: sold 3 times, last in May 2024, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, DT 1 Downtown
What is 607 worth today?
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Source: Dubai Land Department. Updated 16 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 6th of 16
- Parking
- P2-05
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 650K · May 2024
- Building
- DT 1 Downtown
About 607, DT 1 Downtown
607 is a studio of 536 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 16 May 2024 for AED 650,000, or AED 2,428 per sqft, 4% below the AED 2,520 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 April 2023. The current contract, signed on 5 April 2023, is AED 94,000 a year: a gross yield of 14.5% on the 2024 price, before the service charge of about AED 9,300 a year.
Sales and rents for 607 over time
607 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in DT 1 Downtown, and where 607 sits
All 26 studios →607 last sold in May 2024 at AED 2,428 per sqft, 4% below what studios in DT 1 Downtown were fetching at the time (AED 2,520). Over the last 12 months studios sold for AED 13,911, around AED 25 per sqft, and rent for AED 90,000 to 104,202 a year. 607's AED 94,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 536 sqft | 13,911 | 25 | ||
| 4 Jul 20254 July 2025 | 536 sqft | 22,157 | 41 | ||
| 3 Jun 20253 June 2025 | 536 sqft | 1,365,000 | 2,548 | ||
| 17 Apr 202517 April 2025 | 536 sqft | 1,375,000 | 2,567 |
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 | |
| 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 | ||
| 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 |
607, DT 1 Downtown in numbers
- Sold 3 times: first on 20 May 2018 for AED 1,071,828, last on 16 May 2024 for AED 650,000 (AED 2,428 per sqft).
- Rented since April 2023 on one Ejari contract, at AED 94,000 a year.
- At AED 94,000 a year the gross yield on the 2024 price is 14.5%, before a service charge of about AED 9,300 a year (AED 17.30 per sqft).
- Studios in DT 1 Downtown sold for AED 13,911–13,911 in the 12 months to November 2026; the building's median across all types is AED 25 per sqft.
Source: Dubai Land Department. Updated 16 May 2024.
Questions about 607, DT 1 Downtown
What did unit 607 last sell for?
AED 650,000 on 16 May 2024: AED 2,428 per sqft for 536 sqft. The unit has 3 registered sales; the first was AED 1,071,828 in May 2018.
What is the rent for unit 607?
AED 94,000 a year on the contract signed on 5 April 2023.
How big is unit 607?
536 sqft (49.8 sqm): a studio on the 6th floor of a 16-storey tower completed in 2020.
What is unit 607 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in DT 1 Downtown sold for AED 13,911 to 13,911 in the last 12 months, around AED 25 per sqft.
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Mortgage on 607, DT 1 Downtown
Starts from the last sale price (AED 650K, 16 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →