1-bed · 1,036 sqftDT 1 Downtown, Downtown Dubai · 12th floor · completed 2020

1205, DT 1 Downtown

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 2.34M27 August 2024
Current rentAED 110K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, DT 1 Downtown

What is 1205 worth today?

Last sold for AED 2,340,000 in 2024

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16 Sep 2024RentedRenewal
AED 110,000/yr12 months · AED 106 per sqft
27 Aug 2024SoldReady
AED 2,340,000AED 2,258 per sqft
16 Sep 2023RentedRenewal
AED 110,000/yr12 months · AED 106 per sqft
16 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 106 per sqft
16 Sep 2021RentedNew contract
AED 110,000/yr12 months · AED 106 per sqft
14 Jun 2021Sold by developerReady
AED 1,751,536AED 1,690 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
1-bed apartment
Size
1,036 sqft
Floor
12th of 16
Parking
P1-31
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 17,900 /yr
Last sold
AED 2.34M · August 2024

About 1205, DT 1 Downtown

1205 is a one-bedroom apartment of 1,036 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 27 August 2024 for AED 2,340,000, or AED 2,258 per sqft, in line with the AED 2,219 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 16 September 2024, is AED 110,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical one-bed in DT 1 Downtown
2M2.5M2018202120242027Typical 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 1,751,536 (AED 1,690 per sqft)Sold, August 2024: AED 2,340,000 (AED 2,258 per sqft)

1205 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1205, each contractTypical one-bed in DT 1 Downtown
100K125K150K2021202320252027Typical 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, September 2021: AED 110,000 a yearNew contract, September 2022: AED 110,000 a yearRenewal, September 2023: AED 110,000 a yearRenewal, September 2024: AED 110,000 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 1205 sits

All 36 1-beds →

1205 last sold in August 2024 at AED 2,258 per sqft, in line with what one-beds in DT 1 Downtown were fetching at the time (AED 2,219). 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. 1205's AED 110,000 is in the lower half 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
12041-bedAED 2.45M · May 2025
12062-bedAED 3.13M · Oct 2021
1207StudioAED 1.22M · Nov 2021
12083-bedAED 4.43M · Apr 2021
1–7 of 9

1205, DT 1 Downtown in numbers

  • Sold twice: first on 14 June 2021 for AED 1,751,536, last on 27 August 2024 for AED 2,340,000 (AED 2,258 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.7%, 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 16 September 2024.

Questions about 1205, DT 1 Downtown

What did unit 1205 last sell for?

AED 2,340,000 on 27 August 2024: AED 2,258 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 1,751,536 in June 2021.

What is the rent for unit 1205?

AED 110,000 a year on the contract renewed on 16 September 2024. The previous contract, from September 2023, was AED 110,000; the unit has been rented since September 2021.

How big is unit 1205?

1,036 sqft (96.2 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2020.

What is unit 1205 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 1205, DT 1 Downtown

Starts from the last sale price (AED 2.34M, 27 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,340,000
Deposit, UAE resident (20%)
AED 468,000
Deposit, non-resident (40%)
AED 936,000
Monthly over 25 years at 3.7%
AED 9,574

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