3-bed · 2,536 sqftDT 1 Downtown, Downtown Dubai · 9th floor · completed 2020

908, DT 1 Downtown

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

Unit 908 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 4.27M4 October 2022
Current rentAED 263K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, DT 1 Downtown

What is 908 worth today?

Last sold for AED 4,271,277 in 2022

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15 Oct 2024RentedRenewal
AED 262,500/yr12 months · AED 103 per sqft
15 Oct 2023RentedRenewal
AED 250,000/yr12 months · AED 99 per sqft
4 Oct 2022Sold by developerReady
AED 4,271,277AED 1,683 per sqft
15 Oct 2021RentedNew contract
AED 250,000/yr12 months · AED 98 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2024.

Key facts

Type
3-bed apartment
Size
2,536 sqft
Floor
9th of 16
Parking
P1-12; P1-13
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 43,900 /yr
Last sold
AED 4.27M · October 2022

About 908, DT 1 Downtown

908 is a three-bedroom apartment of 2,536 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 4 October 2022 for AED 4,271,277, or AED 1,683 per sqft, 9% below the AED 1,844 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 262,500 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 43,900 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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)

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

Rents
Unit 908, 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, October 2021: AED 250,000 a yearRenewal, October 2023: AED 250,000 a yearRenewal, October 2024: AED 262,500 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 908 sits

All 15 3-beds →

908 last sold in October 2022 at AED 1,683 per sqft, 9% below what three-beds in DT 1 Downtown were fetching at the time (AED 1,844).

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 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
907StudioAED 905K · Jun 2021
1–7 of 9

908, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 4 October 2022 for AED 4,271,277, or AED 1,683 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 250,000 to AED 262,500 a year.
  • At AED 262,500 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 43,900 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2024.

Questions about 908, DT 1 Downtown

What did unit 908 last sell for?

AED 4,271,277 on 4 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 908?

AED 262,500 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 250,000; the unit has been rented since October 2021.

How big is unit 908?

2,536 sqft (235.6 sqm): a three-bedroom apartment on the 9th floor of a 16-storey tower completed in 2020.

What is unit 908 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 908, DT 1 Downtown

Starts from the last sale price (AED 4.27M, 4 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 →