3-bed · 2,536 sqftDT 1 Downtown, Downtown Dubai · 8th floor · completed 2020

808, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 4.27M3 October 2022
Current rentAED 252K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, DT 1 Downtown

What is 808 worth today?

Last sold for AED 4,271,277 in 2022

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1 Jan 2025RentedRenewal
AED 252,000/yr12 months · AED 99 per sqft
1 Nov 2023RentedRenewal
AED 240,000/yr2 months · AED 95 per sqft
1 Nov 2022RentedNew contract
AED 240,000/yr12 months · AED 95 per sqft
3 Oct 2022Sold by developerReady
AED 4,271,277AED 1,683 per sqft
1 Nov 2021RentedNew contract
AED 240,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
3-bed apartment
Size
2,536 sqft
Floor
8th of 16
Parking
P1-66; P1-67
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 43,900 /yr
Last sold
AED 4.27M · October 2022

About 808, DT 1 Downtown

808 is a three-bedroom apartment of 2,536 sqft on the 8th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development. The developer sold it on 3 October 2022 for AED 4,271,277, or AED 1,683 per sqft, 14% below the AED 1,951 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 252,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 43,900 a year.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical three-bed in DT 1 Downtown
4M201920212023Typical sale price by year: 2019 AED 3,690,134; 2021 AED 4,340,065; 2022 AED 4,271,277Sold by developer, October 2022: AED 4,271,277 (AED 1,683 per sqft)

808 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 808, each contractTypical three-bed in DT 1 Downtown
250K300K202120232025Typical rent by year: 2021 AED 240,000; 2022 AED 251,500; 2023 AED 275,000; 2024 AED 259,875; 2025 AED 320,000New contract, November 2021: AED 240,000 a yearNew contract, November 2022: AED 240,000 a yearRenewal, November 2023: AED 240,000 a yearRenewal, January 2025: AED 252,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in DT 1 Downtown, and where 808 sits

All 15 3-beds →

808 last sold in October 2022 at AED 1,683 per sqft, 14% below what three-beds in DT 1 Downtown were fetching at the time (AED 1,951).

Recent 3-bed salesUnit no.Price (AED)Summary
26 Jun 20254,417,785
12 Jun 20255,000,000
10 Jan 20246,800,000
31 May 20237,000,000
0 3-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 8th floor

All 130 units in DT 1 Downtown
Value
801StudioAED 1.18M · Jan 2018
8022-bedAED 3.4M · Jan 2022
8031-bedAED 2.08M · Jul 2023
8041-bedAED 1.96M · Jul 2018
8051-bedAED 1.82M · Jan 2019
8062-bedAED 3.48M · Feb 2024
807StudioAED 1.35M · Sep 2023
1–7 of 9

808, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 3 October 2022 for AED 4,271,277, or AED 1,683 per sqft.
  • Rented since November 2021 on 4 Ejari contracts, from AED 240,000 to AED 252,000 a year.
  • At AED 252,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 43,900 a year (AED 17.30 per sqft).

Source: Dubai Land Department. Updated 1 January 2025.

Questions about 808, DT 1 Downtown

What did unit 808 last sell for?

AED 4,271,277 on 3 October 2022, sold by the developer: AED 1,683 per sqft for 2,536 sqft. It is the only registered sale of the unit.

What is the rent for unit 808?

AED 252,000 a year on the contract renewed on 1 January 2025. The previous contract, from November 2023, was AED 240,000; the unit has been rented since November 2021.

How big is unit 808?

2,536 sqft (235.6 sqm): a three-bedroom apartment on the 8th floor of a 16-storey tower completed in 2020.

What is unit 808 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 808, DT 1 Downtown

Starts from the last sale price (AED 4.27M, 3 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,271,277
Deposit, UAE resident (20%)
AED 854,255
Deposit, non-resident (40%)
AED 1,708,511
Monthly over 25 years at 3.7%
AED 17,475

Plus AED 184,404 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →