2-bed · 1,716 sqftDT 1 Downtown, Downtown Dubai · 9th floor · completed 2020

909, 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 909 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 2.9M4 October 2022
Current rentAED 230K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, DT 1 Downtown

What is 909 worth today?

Last sold for AED 2,904,570 in 2022

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20 Oct 2024RentedRenewal
AED 230,000/yr12 months · AED 134 per sqft
20 Oct 2023RentedNew contract
AED 230,000/yr12 months · AED 134 per sqft
15 Oct 2022RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
4 Oct 2022Sold by developerReady
AED 2,904,570AED 1,692 per sqft
27 Oct 2021RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
27 Oct 2021RentedNew contract · flagged as an outlier
AED 750,000/yr12 months · AED 438 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,716 sqft
Floor
9th of 16
Parking
P1-60
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 29,700 /yr
Last sold
AED 2.9M · October 2022

About 909, DT 1 Downtown

909 is a two-bedroom apartment of 1,716 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 2,904,570, or AED 1,692 per sqft, 14% below the AED 1,972 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 230,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 29,700 a year.

Sales and rents for 909 over time

Sales
Unit 909, each saleTypical two-bed in DT 1 Downtown
3M4M20182020202220242026Typical sale price by year: 2018 AED 2,781,828; 2019 AED 3,641,620; 2020 AED 2,581,076; 2021 AED 2,867,686; 2022 AED 3,350,000; 2023 AED 3,262,500; 2024 AED 3,537,500; 2025 AED 3,850,000Sold by developer, October 2022: AED 2,904,570 (AED 1,692 per sqft)

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

Rents
Unit 909, each contractTypical two-bed in DT 1 Downtown
150K200K202120232025Typical rent by year: 2021 AED 160,000; 2022 AED 175,000; 2023 AED 195,000; 2024 AED 230,000; 2025 AED 220,000New contract, October 2021: AED 175,000 a yearNew contract, October 2022: AED 180,000 a yearNew contract, October 2023: AED 230,000 a yearRenewal, October 2024: AED 230,000 a year

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 909 sits

All 51 2-beds →

909 last sold in October 2022 at AED 1,692 per sqft, 14% below what two-beds in DT 1 Downtown were fetching at the time (AED 1,972).

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20252,495,040
2 Jul 20254,961,830
26 Jun 20252,436,939
11 Apr 20253,850,000
0 2-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

909, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 4 October 2022 for AED 2,904,570, or AED 1,692 per sqft.
  • Rented since October 2021 on 5 Ejari contracts. The rent fell from AED 750,000 to AED 175,000 in 2021 and recovered to AED 230,000 by October 2024.
  • At AED 230,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 29,700 a year (AED 17.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2024.

Questions about 909, DT 1 Downtown

What did unit 909 last sell for?

AED 2,904,570 on 4 October 2022, 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 909?

AED 230,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 230,000; the unit has been rented since October 2021.

How big is unit 909?

1,716 sqft (159.4 sqm): a two-bedroom apartment on the 9th floor of a 16-storey tower completed in 2020.

What is unit 909 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 909, DT 1 Downtown

Starts from the last sale price (AED 2.9M, 4 October 2022). 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 →