Studio · 536 sqftDT 1 Downtown, Downtown Dubai · 9th floor · completed 2020

907, DT 1 Downtown

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

Unit 907 · DLD and Ejari recordsUpdated 9 February 2024
Last soldAED 905K13 June 2021
Current rentAED 92K /yr9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, DT 1 Downtown

What is 907 worth today?

Last sold for AED 904,658 in 2021

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9 Feb 2024RentedNew contract
AED 92,000/yr12 months · AED 172 per sqft
1 Dec 2022RentedNew contract
AED 90,000/yr12 months · AED 168 per sqft
13 Jun 2021Sold by developerReady
AED 904,658AED 1,689 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2024.

Key facts

Type
Studio apartment
Size
536 sqft
Floor
9th of 16
Parking
P1-58
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 905K · June 2021

About 907, DT 1 Downtown

907 is a studio of 536 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 13 June 2021 for AED 904,658, or AED 1,689 per sqft, 10% below the AED 1,868 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 9 February 2024, is AED 92,000 a year: a gross yield of 10.2% on the 2021 price, before the service charge of about AED 9,300 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical studio in DT 1 Downtown
1M20182020202220242026Typical sale price by year: 2018 AED 1,179,328; 2020 AED 878,338; 2021 AED 1,083,828; 2023 AED 1,302,500; 2024 AED 650,000; 2025 AED 1,370,000Sold by developer, June 2021: AED 904,658 (AED 1,689 per sqft)

907 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 907, each contractTypical studio in DT 1 Downtown
60K80K100K2021202320252027Typical rent by year: 2021 AED 65,000; 2022 AED 87,500; 2023 AED 90,000; 2024 AED 90,000; 2025 AED 96,500; 2026 AED 100,000New contract, December 2022: AED 90,000 a yearNew contract, February 2024: AED 92,000 a year

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

Studios in DT 1 Downtown, and where 907 sits

All 26 studios →

907 last sold in June 2021 at AED 1,689 per sqft, 10% below what studios in DT 1 Downtown were fetching at the time (AED 1,868). Over the last 12 months studios sold for AED 13,911, around AED 25 per sqft, and rent for AED 90,000 to 104,202 a year. 907's AED 92,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Jan 202613,911
4 Jul 202522,157
3 Jun 20251,365,000
17 Apr 20251,375,000
1 studio sale 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
9041-bedAED 2.24M · Mar 2022
9051-bedAED 2.3M · Jun 2024
9062-bedAED 3.11M · Dec 2021
9083-bedAED 4.27M · Oct 2022
1–7 of 9

907, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 13 June 2021 for AED 904,658, or AED 1,689 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 90,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2021 price is 10.2%, before a service charge of about AED 9,300 a year (AED 17.30 per sqft).
  • Studios in DT 1 Downtown sold for AED 13,911–13,911 in the 12 months to November 2026; the building's median across all types is AED 25 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2024.

Questions about 907, DT 1 Downtown

What did unit 907 last sell for?

AED 904,658 on 13 June 2021, sold by the developer: AED 1,689 per sqft for 536 sqft. It is the only registered sale of the unit.

What is the rent for unit 907?

AED 92,000 a year on the contract signed on 9 February 2024. The previous contract, from December 2022, was AED 90,000.

How big is unit 907?

536 sqft (49.8 sqm): a studio on the 9th floor of a 16-storey tower completed in 2020.

What is unit 907 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in DT 1 Downtown sold for AED 13,911 to 13,911 in the last 12 months, around AED 25 per sqft.

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Mortgage on 907, DT 1 Downtown

Starts from the last sale price (AED 905K, 13 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 904,658
Deposit, UAE resident (20%)
AED 180,932
Deposit, non-resident (40%)
AED 361,863
Monthly over 25 years at 3.7%
AED 3,701

Plus AED 43,005 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →