1-bed · 993 sqftDT 1 Downtown, Downtown Dubai · 9th floor · completed 2020

904, DT 1 Downtown

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

Unit 904 · DLD and Ejari recordsUpdated 31 March 2023
Last soldAED 2.24M3 March 2022
Current rentAED 120K /yr31 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, DT 1 Downtown

What is 904 worth today?

Last sold for AED 2,243,828 in 2022

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31 Mar 2023RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
7 Mar 2022RentedRenewal
AED 92,000/yr12 months · AED 93 per sqft
3 Mar 2022Sold by developerReady
AED 2,243,828AED 2,258 per sqft
7 Mar 2021RentedNew contract
AED 92,000/yr12 months · AED 93 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2023.

Key facts

Type
1-bed apartment
Size
993 sqft
Floor
9th of 16
Parking
P2-61
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 17,200 /yr
Last sold
AED 2.24M · March 2022

About 904, DT 1 Downtown

904 is a one-bedroom apartment of 993 sqft on the 9th 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 March 2022 for AED 2,243,828, or AED 2,258 per sqft, 34% above the AED 1,690 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 31 March 2023, is AED 120,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 17,200 a year.

Sales and rents for 904 over time

Sales
Unit 904, each saleTypical one-bed in DT 1 Downtown
2M2.5M20182020202220242026Typical sale price by year: 2018 AED 1,867,828; 2020 AED 1,945,828; 2021 AED 1,751,446; 2022 AED 2,231,828; 2023 AED 2,075,000; 2024 AED 2,300,000; 2025 AED 2,450,000Sold by developer, March 2022: AED 2,243,828 (AED 2,258 per sqft)

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

Rents
Unit 904, each contractTypical one-bed in DT 1 Downtown
100K125K150K202120232025Typical rent by year: 2021 AED 100,000; 2022 AED 104,848; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 144,646New contract, March 2021: AED 92,000 a yearRenewal, March 2022: AED 92,000 a yearNew contract, March 2023: AED 120,000 a year

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 904 sits

All 36 1-beds →

904 last sold in March 2022 at AED 2,258 per sqft, 34% above what one-beds in DT 1 Downtown were fetching at the time (AED 1,690). 904's AED 120,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Jun 20252,600,000
20 May 20252,450,000
25 Feb 20252,300,000
22 Nov 20242,300,000
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 9th floor

All 130 units in DT 1 Downtown
Value
901StudioAED 1.3M · Aug 2024
9022-bedAED 2.67M · Dec 2021
9031-bedAED 2.32M · May 2022
9051-bedAED 2.3M · Jun 2024
9062-bedAED 3.11M · Dec 2021
907StudioAED 905K · Jun 2021
9083-bedAED 4.27M · Oct 2022
1–7 of 9

904, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 3 March 2022 for AED 2,243,828, or AED 2,258 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 92,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 17,200 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2023.

Questions about 904, DT 1 Downtown

What did unit 904 last sell for?

AED 2,243,828 on 3 March 2022, sold by the developer: AED 2,258 per sqft for 993 sqft. It is the only registered sale of the unit.

What is the rent for unit 904?

AED 120,000 a year on the contract signed on 31 March 2023. The previous contract, from March 2022, was AED 92,000; the unit has been rented since March 2021.

How big is unit 904?

993 sqft (92.3 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower completed in 2020.

What is unit 904 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 904, DT 1 Downtown

Starts from the last sale price (AED 2.24M, 3 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,243,828
Deposit, UAE resident (20%)
AED 448,766
Deposit, non-resident (40%)
AED 897,531
Monthly over 25 years at 3.7%
AED 9,180

Plus AED 99,251 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →