1-bed · 993 sqftDT 1 Downtown, Downtown Dubai · 12th floor · completed 2020

1204, DT 1 Downtown

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 17 January 2026
Last soldAED 2.45M20 May 2025
Current rentAED 165K /yr17 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, DT 1 Downtown

What is 1204 worth today?

Last sold for AED 2,450,000 in 2025

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17 Jan 2026RentedNew contract
AED 165,000/yr12 months · AED 167 per sqft
20 May 2025SoldReady
AED 2,450,000AED 2,466 per sqft
27 Oct 2024RentedRenewal
AED 115,000/yr12 months · AED 116 per sqft
27 Oct 2023RentedRenewal
AED 115,000/yr12 months · AED 116 per sqft
27 Oct 2022RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
27 Oct 2021RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
14 Jun 2021Sold by developerReady
AED 1,677,950AED 1,689 per sqft

Source: Dubai Land Department. Updated 17 January 2026.

Key facts

Type
1-bed apartment
Size
993 sqft
Floor
12th of 16
Parking
P1-30
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 17,200 /yr
Last sold
AED 2.45M · May 2025

About 1204, DT 1 Downtown

1204 is a one-bedroom apartment of 993 sqft on the 12th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . It last sold on 20 May 2025 for AED 2,450,000, or AED 2,466 per sqft, 10% above the AED 2,239 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 17 January 2026, is AED 165,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 17,200 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in DT 1 Downtown
1.5M2M2.5M2018202120242027Typical sale price by year: 2018 AED 1,867,828; 2020 AED 1,945,828; 2021 AED 1,751,446; 2022 AED 2,231,828; 2023 AED 2,075,000; 2024 AED 2,300,000; 2025 AED 2,450,000; 2026 AED 2,750,000Sold by developer, June 2021: AED 1,677,950 (AED 1,689 per sqft)Sold, May 2025: AED 2,450,000 (AED 2,466 per sqft)

1204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in DT 1 Downtown
100K150K2021202320252027Typical rent by year: 2021 AED 98,500; 2022 AED 110,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 144,291; 2026 AED 147,500New contract, October 2021: AED 115,000 a yearNew contract, October 2022: AED 115,000 a yearRenewal, October 2023: AED 115,000 a yearRenewal, October 2024: AED 115,000 a yearNew contract, January 2026: AED 165,000 a year

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 1204 sits

All 36 1-beds →

1204 last sold in May 2025 at AED 2,466 per sqft, 10% above what one-beds in DT 1 Downtown were fetching at the time (AED 2,239). 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. 1204's AED 165,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20262,400,000
21 May 20262,800,000
9 Mar 20262,750,000
18 Jun 20252,600,000
3 1-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 . 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%
DT 1 Downtown, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 130 units in DT 1 Downtown
Value
1201StudioAED 1.38M · Apr 2025
12022-bedAED 2.21M · Mar 2021
12031-bedAED 2.3M · Nov 2024
12051-bedAED 2.34M · Aug 2024
12062-bedAED 3.13M · Oct 2021
1207StudioAED 1.22M · Nov 2021
12083-bedAED 4.43M · Apr 2021
1–7 of 9

1204, DT 1 Downtown in numbers

  • Sold twice: first on 14 June 2021 for AED 1,677,950, last on 20 May 2025 for AED 2,450,000 (AED 2,466 per sqft).
  • Rented since October 2021 on 5 Ejari contracts, from AED 115,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2025 price is 6.7%, before a service charge of about AED 17,200 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 17 January 2026.

Questions about 1204, DT 1 Downtown

What did unit 1204 last sell for?

AED 2,450,000 on 20 May 2025: AED 2,466 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 1,677,950 in June 2021.

What is the rent for unit 1204?

AED 165,000 a year on the contract signed on 17 January 2026. The previous contract, from October 2024, was AED 115,000; the unit has been rented since October 2021.

How big is unit 1204?

993 sqft (92.3 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2020.

What is unit 1204 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 1204, DT 1 Downtown

Starts from the last sale price (AED 2.45M, 20 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →