1202, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in March 2021, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, DT 1 Downtown
What is 1202 worth today?
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Source: Dubai Land Department. Updated 10 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,527 sqft
- Floor
- 12th of 16
- Parking
- P2-68
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 26,400 /yr
- Last sold
- AED 2.21M · March 2021
- Building
- DT 1 Downtown
About 1202, DT 1 Downtown
1202 is a two-bedroom apartment of 1,527 sqft on the 12th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . The developer sold it on 30 March 2021 for AED 2,210,828, or AED 1,447 per sqft, 3% below the AED 1,493 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 August 2025. The current contract, signed on 10 August 2025, is AED 230,000 a year: a gross yield of 10.4% on the 2021 price, before the service charge of about AED 26,400 a year.
Sales and rents for 1202 over time
1202 has sold once; the dashed line is the two-bed median of each year in the building.
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 1202 sits
All 52 2-beds →1202 last sold in March 2021 at AED 1,447 per sqft, 3% below what two-beds in DT 1 Downtown were fetching at the time (AED 1,493). Over the last 12 months two-beds sold for AED 2,926,262 to 4,400,000, around AED 2,241 per sqft, and rent for AED 85,000 to 265,000 a year. 1202's AED 230,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 1,716 sqft | 4,000,000 | 2,330 | ||
| 11 May 202611 May 2026 | 1,527 sqft | 3,000,000 | 1,964 | ||
| 7 May 20267 May 2026 | 1,707 sqft | 2,926,262 | 1,714 | ||
| 7 May 20267 May 2026 | 1,716 sqft | 2,963,898 | 1,727 |
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 12th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 536 sqft | AED 1.38MAED 1,375,000 · Apr 2025April 2025 | 100,000 /yr | |
| 1203 | 1-bed | 1,036 sqft | AED 2.3MAED 2,300,000 · Nov 2024November 2024 | 145,000 /yr | |
| 1204 | 1-bed | 993 sqft | AED 2.45MAED 2,450,000 · May 2025May 2025 | 165,000 /yr | |
| 1205 | 1-bed | 1,036 sqft | AED 2.34MAED 2,340,000 · Aug 2024August 2024 | 110,000 /yr | |
| 1206 | 2-bed | 1,527 sqft | AED 3.13MAED 3,130,979 · Oct 2021October 2021 | 159,571 /yr | |
| 1207 | Studio | 536 sqft | AED 1.22MAED 1,216,828 · Nov 2021November 2021 | ||
| 1208 | 3-bed | 2,536 sqft | AED 4.43MAED 4,428,161 · Apr 2021April 2021 | 350,000 /yr | |
| 1209 | 2-bed | 1,716 sqft | AED 4.2MAED 4,200,000 · Nov 2025November 2025 | 175,000 /yr | |
| 1210 | 2-bed | 1,707 sqft | AED 2.87MAED 2,867,686 · Jun 2021June 2021 | 225,000 /yr |
1202, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 30 March 2021 for AED 2,210,828, or AED 1,447 per sqft.
- Rented since August 2025 on one Ejari contract, at AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2021 price is 10.4%, before a service charge of about AED 26,400 a year (AED 17.30 per sqft).
- Two-beds in DT 1 Downtown sold for AED 2,926,262–4,400,000 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 10 August 2025.
Questions about 1202, DT 1 Downtown
What did unit 1202 last sell for?
AED 2,210,828 on 30 March 2021, sold by the developer: AED 1,447 per sqft for 1,527 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 230,000 a year on the contract signed on 10 August 2025.
How big is unit 1202?
1,527 sqft (141.9 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2020.
What is unit 1202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in DT 1 Downtown sold for AED 2,926,262 to 4,400,000 in the last 12 months, around AED 2,241 per sqft.
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Mortgage on 1202, DT 1 Downtown
Starts from the last sale price (AED 2.21M, 30 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,210,828
- Deposit, UAE resident (20%)
- AED 442,166
- Deposit, non-resident (40%)
- AED 884,331
- Monthly over 25 years at 3.7%
- AED 9,045
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →