709, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2021, 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 709, DT 1 Downtown
What is 709 worth today?
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Source: Dubai Land Department. Updated 19 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,716 sqft
- Floor
- 7th of 16
- Parking
- P1-27
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 29,700 /yr
- Last sold
- AED 2.9M · June 2021
- Building
- DT 1 Downtown
About 709, DT 1 Downtown
709 is a two-bedroom apartment of 1,716 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 13 June 2021 for AED 2,904,570, or AED 1,692 per sqft, in line with the AED 1,692 two-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 19 September 2025, is AED 230,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 29,700 a year.
Sales and rents for 709 over time
709 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in DT 1 Downtown, and where 709 sits
All 51 2-beds →709 last sold in June 2021 at AED 1,692 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 1,692).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20252 July 2025 | 1,716 sqft | 2,495,040 | 1,453 | ||
| 2 Jul 20252 July 2025 | 3,392 sqft | 4,961,830 | 1,462 | ||
| 26 Jun 202526 June 2025 | 1,707 sqft | 2,436,939 | 1,427 | ||
| 11 Apr 202511 April 2025 | 1,527 sqft | 3,850,000 | 2,520 |
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 | |
| 704 | 1-bed | 993 sqft | AED 1.74MAED 1,739,828 · Dec 2018December 2018 | ||
| 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 | |
| 710 | 2-bed | 1,707 sqft | AED 2.44MAED 2,436,939 · Jun 2025June 2025 | 230,000 /yr |
709, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 13 June 2021 for AED 2,904,570, or AED 1,692 per sqft.
- Rented since December 2021 on 4 Ejari contracts, from AED 175,000 to AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 29,700 a year (AED 17.30 per sqft).
Source: Dubai Land Department. Updated 19 September 2025.
Questions about 709, DT 1 Downtown
What did unit 709 last sell for?
AED 2,904,570 on 13 June 2021, sold by the developer: AED 1,692 per sqft for 1,716 sqft. It is the only registered sale of the unit.
What is the rent for unit 709?
AED 230,000 a year on the contract signed on 19 September 2025. The previous contract, from August 2024, was AED 230,000; the unit has been rented since December 2021.
How big is unit 709?
1,716 sqft (159.4 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2020.
What is unit 709 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 709, DT 1 Downtown
Starts from the last sale price (AED 2.9M, 13 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,904,570
- Deposit, UAE resident (20%)
- AED 580,914
- Deposit, non-resident (40%)
- AED 1,161,828
- Monthly over 25 years at 3.7%
- AED 11,883
Plus AED 127,002 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →