704, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in December 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, DT 1 Downtown
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 December 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 7th of 16
- Parking
- P2-29
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.74M · December 2018
- Building
- DT 1 Downtown
About 704, DT 1 Downtown
704 is a one-bedroom apartment of 993 sqft on the 7th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. The developer sold it on 19 December 2018 for AED 1,739,828, or AED 1,751 per sqft, in line with the AED 1,802 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 704 over time
704 has sold once; 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 704 sits
All 36 1-beds →704 last sold in December 2018 at AED 1,751 per sqft, in line with what one-beds in DT 1 Downtown were fetching at the time (AED 1,802).
| 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 7th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 536 sqft | AED 1.23MAED 1,230,000 · May 2023May 2023 | ||
| 702 | 2-bed | 1,527 sqft | AED 2.75MAED 2,750,000 · Aug 2021August 2021 | ||
| 703 | 1-bed | 1,036 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | 111,933 /yr | |
| 705 | 1-bed | 1,036 sqft | AED 1.8MAED 1,800,000 · Sep 2022September 2022 | 100,000 /yr | |
| 706 | 2-bed | 1,527 sqft | AED 3.43MAED 3,425,000 · Jun 2023June 2023 | 154,000 /yr | |
| 707 | Studio | 536 sqft | AED 1.06MAED 1,058,828 · Mar 2021March 2021 | 98,000 /yr | |
| 708 | 3-bed | 2,536 sqft | AED 4.27MAED 4,271,277 · Jun 2021June 2021 | 245,000 /yr | |
| 709 | 2-bed | 1,716 sqft | AED 2.9MAED 2,904,570 · Jun 2021June 2021 | 230,000 /yr | |
| 710 | 2-bed | 1,707 sqft | AED 2.44MAED 2,436,939 · Jun 2025June 2025 | 230,000 /yr |
704, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 19 December 2018 for AED 1,739,828, or AED 1,751 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 19 December 2018.
Questions about 704, DT 1 Downtown
What did unit 704 last sell for?
AED 1,739,828 on 19 December 2018, sold by the developer: AED 1,751 per sqft for 993 sqft. It is the only registered sale of the unit.
How big is unit 704?
993 sqft (92.3 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2020.
What is unit 704 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 704, DT 1 Downtown
Starts from the last sale price (AED 1.74M, 19 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,739,828
- Deposit, UAE resident (20%)
- AED 347,966
- Deposit, non-resident (40%)
- AED 695,931
- Monthly over 25 years at 3.7%
- AED 7,118
Plus AED 78,083 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →