1-bed · 1,036 sqftDT 1 Downtown, Downtown Dubai · 7th floor · completed 2020

705, DT 1 Downtown

Sold prices and rental history: sold twice, last in September 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 6 September 2022

Last soldAED 1.8M6 September 2022

Current rentAED 100K /yr1 July 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 705, DT 1 Downtown

Today

What is 705 worth today?

Last sold for AED 1,800,000 in 2022

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6 Sep 2022

6 Sep 2022SoldReady

AED 1,800,000AED 1,737 per sqft

1 Jul 2022

1 Jul 2022RentedRenewal

AED 100,000/yr12 months · AED 97 per sqft

16 Jun 2021

16 Jun 2021RentedNew contract

AED 100,000/yr12 months · AED 97 per sqft

31 May 2021

31 May 2021Sold by developerReady

AED 1,885,828AED 1,820 per sqft

Source: Dubai Land Department. Updated 6 September 2022.

Key facts

Type: 1-bed apartment
Size: 1,036 sqft
Floor: 7th of 16
Parking: P1-36
Developer: Ellington Properties Development
Completed: 2020
Service charge: AED 17,900 /yr
Last sold: AED 1.8M · September 2022
Building: DT 1 Downtown

About 705, DT 1 Downtown

705 is a one-bedroom apartment of 1,036 sqft on the 7th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. It last sold on 6 September 2022 for AED 1,800,000, or AED 1,737 per sqft, 19% below the AED 2,133 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 100,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 17,900 a year.

Sales and rents for 705 over time

Sales

Unit 705, each saleTypical one-bed in DT 1 Downtown

705 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 705, each contractTypical one-bed in DT 1 Downtown

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 705 sits

All 36 1-beds →

DT 1 Downtown · all types25 /sqft

705 last sold in September 2022 at AED 1,737 per sqft, 19% below what one-beds in DT 1 Downtown were fetching at the time (AED 2,133). 705's AED 100,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

0 1-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 7th floor

All 130 units in DT 1 Downtown


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
704	1-bed	993 sqft	AED 1.74MAED 1,739,828 · Dec 2018December 2018
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

1–7 of 9

705, DT 1 Downtown in numbers

Sold twice: first on 31 May 2021 for AED 1,885,828, last on 6 September 2022 for AED 1,800,000 (AED 1,737 per sqft).
Rented since June 2021 on 2 Ejari contracts, at AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 17,900 a year (AED 17.30 per sqft).

Source: Dubai Land Department. Updated 6 September 2022.

Questions about 705, DT 1 Downtown

What did unit 705 last sell for?

AED 1,800,000 on 6 September 2022: AED 1,737 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 1,885,828 in May 2021.

What is the rent for unit 705?

AED 100,000 a year on the contract renewed on 1 July 2022. The previous contract, from June 2021, was AED 100,000.

How big is unit 705?

1,036 sqft (96.2 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2020.

What is unit 705 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 705, DT 1 Downtown

Starts from the last sale price (AED 1.8M, 6 September 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,800,000
Deposit, UAE resident (20%): AED 360,000
Deposit, non-resident (40%): AED 720,000
Monthly over 25 years at 3.7%: AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →