1003, DT 1 Downtown
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, DT 1 Downtown
What is 1003 worth today?
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Source: Dubai Land Department. Updated 2 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,036 sqft
- Floor
- 10th of 16
- Parking
- P2-86
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 17,900 /yr
- Last sold
- AED 2.3M · July 2024
- Building
- DT 1 Downtown
About 1003, DT 1 Downtown
1003 is a one-bedroom apartment of 1,036 sqft on the 10th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . It last sold on 2 July 2024 for AED 2,300,000, or AED 2,220 per sqft, in line with the AED 2,164 one-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 10 April 2024, is AED 125,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 17,900 a year.
Sales and rents for 1003 over time
1003 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1003 sits
All 36 1-beds →1003 last sold in July 2024 at AED 2,220 per sqft, in line with what one-beds in DT 1 Downtown were fetching at the time (AED 2,164). Over the last 12 months one-beds sold for AED 2,400,000 to 2,800,000, around AED 2,654 per sqft, and rent for AED 100,000 to 165,000 a year. 1003's AED 125,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,036 sqft | 2,400,000 | 2,316 | ||
| 21 May 202621 May 2026 | 1,036 sqft | 2,800,000 | 2,702 | ||
| 9 Mar 20269 March 2026 | 1,036 sqft | 2,750,000 | 2,654 | ||
| 18 Jun 202518 June 2025 | 1,036 sqft | 2,600,000 | 2,509 |
DT 1 Downtown
Building130 apartments, studios to 4-bed over 16 floors in Downtown Dubai, completed in 2020 by Ellington Properties Development . 15 sold in the last 12 months.
- Typical price per sqft
- AED 2,390 Up 1.4%
- Typical sale
- AED 3M
- Typical rent
- AED 156K /yr
- Typical yield
- 5.7%
Other units on the 10th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 536 sqft | AED 1.15MAED 1,150,828 · Mar 2022March 2022 | 90,000 /yr | |
| 1002 | 2-bed | 1,527 sqft | AED 2.57MAED 2,573,523 · Jun 2021June 2021 | 230,000 /yr | |
| 1004 | 1-bed | 993 sqft | AED 2.3MAED 2,300,000 · Feb 2025February 2025 | 155,000 /yr | |
| 1005 | 1-bed | 1,036 sqft | AED 2.35MAED 2,350,000 · Aug 2024August 2024 | 100,000 /yr | |
| 1006 | 2-bed | 1,527 sqft | AED 2.21MAED 2,210,670 · Jul 2023July 2023 | 185,000 /yr | |
| 1007 | Studio | 536 sqft | AED 1.37MAED 1,365,000 · Jun 2025June 2025 | 100,000 /yr | |
| 1008 | 3-bed | 2,536 sqft | AED 3.55MAED 3,549,557 · Dec 2019December 2019 | 288,750 /yr | |
| 1009 | 2-bed | 1,716 sqft | AED 4MAED 4,000,000 · Jun 2026June 2026 | 204,989 /yr | |
| 1010 | 2-bed | 1,707 sqft | AED 2.87MAED 2,867,686 · Jun 2021June 2021 | 185,000 /yr |
1003, DT 1 Downtown in numbers
- Sold twice: first on 13 June 2021 for AED 1,751,355, last on 2 July 2024 for AED 2,300,000 (AED 2,220 per sqft).
- Rented since October 2021 on 4 Ejari contracts, from AED 115,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 17,900 a year (AED 17.30 per sqft).
- One-beds in DT 1 Downtown sold for AED 2,400,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,390 per sqft.
Source: Dubai Land Department. Updated 2 July 2024.
Questions about 1003, DT 1 Downtown
What did unit 1003 last sell for?
AED 2,300,000 on 2 July 2024: AED 2,220 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 1,751,355 in June 2021.
What is the rent for unit 1003?
AED 125,000 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 125,000; the unit has been rented since October 2021.
How big is unit 1003?
1,036 sqft (96.2 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2020.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in DT 1 Downtown sold for AED 2,400,000 to 2,800,000 in the last 12 months, around AED 2,654 per sqft.
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Mortgage on 1003, DT 1 Downtown
Starts from the last sale price (AED 2.3M, 2 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →