Studio · 268 sqftDT 1 Downtown, Downtown Dubai · 13th floor · completed 2020

1307, DT 1 Downtown

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 350K11 November 2024
Current rentAED 90K /yr9 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, DT 1 Downtown

What is 1307 worth today?

Last sold for AED 350,000 in 2024

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11 Nov 2024SoldReady
AED 350,000AED 1,307 per sqft
9 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 167 per sqft
26 Sep 2023RentedRenewal
AED 74,672/yr8 months · AED 139 per sqft
6 Jul 2023SoldReady
AED 1,255,000AED 2,343 per sqft
26 Sep 2022RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
28 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
9 May 2018Sold by developerOff-plan
AED 1,179,828AED 2,203 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

Key facts

Type
Studio apartment
Size
268 sqft
Floor
13th of 16
Parking
P1-51
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 4,600 /yr
Last sold
AED 350K · November 2024

About 1307, DT 1 Downtown

1307 is a studio of 268 sqft on the 13th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . It last sold on 11 November 2024 for AED 350,000, or AED 1,307 per sqft, 46% below the AED 2,427 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 9 September 2024, is AED 90,000 a year: a gross yield of 25.7% on the 2024 price, before the service charge of about AED 4,600 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, each saleTypical studio in DT 1 Downtown
500K1M1.5M20182020202220242026Typical 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, May 2018: AED 1,179,828 (AED 2,203 per sqft)Sold, July 2023: AED 1,255,000 (AED 2,343 per sqft)Sold, November 2024: AED 350,000 (AED 1,307 per sqft)

1307 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1307, 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 95,000New contract, July 2021: AED 60,000 a yearNew contract, September 2022: AED 75,000 a yearRenewal, September 2023: AED 74,672 a yearNew contract, September 2024: AED 90,000 a year

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 1307 sits

All 26 studios →

1307 last sold in November 2024 at AED 1,307 per sqft, 46% below what studios in DT 1 Downtown were fetching at the time (AED 2,427). 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. 1307's AED 90,000 is in the lower half of that range.

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 13th floor

All 130 units in DT 1 Downtown
Value
1301StudioAED 4K · Aug 2026
13022-bedAED 4M · Mar 2026
13031-bedAED 2.8M · May 2026
13041-bedAED 2.15M · Apr 2024
13051-bedAED 2.14M · Feb 2024
13062-bedAED 3.85M · Apr 2025
13083-bedAED 3.69M · Dec 2019
1–7 of 9

1307, DT 1 Downtown in numbers

  • Sold 3 times: first on 9 May 2018 for AED 1,179,828, last on 11 November 2024 for AED 350,000 (AED 1,307 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 60,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 25.7%, before a service charge of about AED 4,600 a year (AED 17.30 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 11 November 2024.

Questions about 1307, DT 1 Downtown

What did unit 1307 last sell for?

AED 350,000 on 11 November 2024: AED 1,307 per sqft for 268 sqft. The unit has 3 registered sales; the first was AED 1,179,828 in May 2018.

What is the rent for unit 1307?

AED 90,000 a year on the contract signed on 9 September 2024. The previous contract, from September 2023, was AED 74,672; the unit has been rented since July 2021.

How big is unit 1307?

268 sqft (24.9 sqm): a studio on the 13th floor of a 16-storey tower completed in 2020.

What is unit 1307 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 1307, DT 1 Downtown

Starts from the last sale price (AED 350K, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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