Studio · 536 sqftDT 1 Downtown, Downtown Dubai · 12th floor · completed 2020

1207, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 14 November 2021
Last soldAED 1.22M14 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, DT 1 Downtown

What is 1207 worth today?

Last sold for AED 1,216,828 in 2021

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14 Nov 2021Sold by developerReady
AED 1,216,828AED 2,272 per sqft

Source: Dubai Land Department. Updated 14 November 2021.

Key facts

Type
Studio apartment
Size
536 sqft
Floor
12th of 16
Parking
P2-26
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 1.22M · November 2021

About 1207, DT 1 Downtown

1207 is a studio of 536 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 14 November 2021 for AED 1,216,828, or AED 2,272 per sqft, 20% above the AED 1,898 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical studio in DT 1 Downtown
1M20182020202220242026Typical sale price by year: 2018 AED 1,179,328; 2020 AED 878,338; 2021 AED 1,083,828; 2023 AED 1,302,500; 2024 AED 650,000; 2025 AED 1,370,000Sold by developer, November 2021: AED 1,216,828 (AED 2,272 per sqft)

1207 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1207, each contractTypical studio in DT 1 Downtown
60K80K100K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 87,500; 2023 AED 90,000; 2024 AED 90,000; 2025 AED 93,000; 2026 AED 95,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in DT 1 Downtown, and where 1207 sits

All 26 studios →

1207 last sold in November 2021 at AED 2,272 per sqft, 20% above what studios in DT 1 Downtown were fetching at the time (AED 1,898). Over the last 12 months studios sold for AED 1,280,000, around AED 2,390 per sqft, and rent for AED 72,000 to 120,000 a year.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 20261,280,000
5 Aug 20263,710
5 Jan 202613,911
4 Jul 202522,157
3 studio 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
12051-bedAED 2.34M · Aug 2024
12062-bedAED 3.13M · Oct 2021
12083-bedAED 4.43M · Apr 2021
1–7 of 9

1207, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 14 November 2021 for AED 1,216,828, or AED 2,272 per sqft.
  • Studios in DT 1 Downtown sold for AED 1,280,000–1,280,000 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 14 November 2021.

Questions about 1207, DT 1 Downtown

What did unit 1207 last sell for?

AED 1,216,828 on 14 November 2021, sold by the developer: AED 2,272 per sqft for 536 sqft. It is the only registered sale of the unit.

How big is unit 1207?

536 sqft (49.8 sqm): a studio on the 12th floor of a 16-storey tower completed in 2020.

What is unit 1207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in DT 1 Downtown sold for AED 1,280,000 to 1,280,000 in the last 12 months, around AED 2,390 per sqft.

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Mortgage on 1207, DT 1 Downtown

Starts from the last sale price (AED 1.22M, 14 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,216,828
Deposit, UAE resident (20%)
AED 243,366
Deposit, non-resident (40%)
AED 486,731
Monthly over 25 years at 3.7%
AED 4,978

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