1308, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, DT 1 Downtown
What is 1308 worth today?
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Source: Dubai Land Department. Updated 20 April 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,536 sqft
- Floor
- 13th of 16
- Parking
- P2-64; P2-65
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 43,900 /yr
- Last sold
- AED 3.69M · December 2019
- Building
- DT 1 Downtown
About 1308, DT 1 Downtown
1308 is a three-bedroom apartment of 2,536 sqft on the 13th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . The developer sold it on 16 December 2019 for AED 3,690,134, or AED 1,454 per sqft, 4% above the AED 1,399 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 20 April 2026, is AED 336,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 43,900 a year.
Sales and rents for 1308 over time
1308 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in DT 1 Downtown, and where 1308 sits
All 15 3-beds →1308 last sold in December 2019 at AED 1,454 per sqft, 4% above what three-beds in DT 1 Downtown were fetching at the time (AED 1,399). Over the last 12 months three-beds sold for AED 6,250,000, around AED 2,464 per sqft, and rent for AED 282,975 to 365,000 a year. 1308's AED 336,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 2,536 sqft | 6,250,000 | 2,464 | ||
| 26 Jun 202526 June 2025 | 2,536 sqft | 4,417,785 | 1,741 | ||
| 12 Jun 202512 June 2025 | 2,536 sqft | 5,000,000 | 1,971 | ||
| 10 Jan 202410 January 2024 | 2,536 sqft | 6,800,000 | 2,680 |
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 13th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | Studio | 536 sqft | AED 4KAED 3,710 · Aug 2026August 2026 | 72,000 /yr | |
| 1302 | 2-bed | 1,527 sqft | AED 4MAED 4,000,000 · Mar 2026March 2026 | 156,000 /yr | |
| 1303 | 1-bed | 1,036 sqft | AED 2.8MAED 2,800,000 · May 2026May 2026 | 100,000 /yr | |
| 1304 | 1-bed | 993 sqft | AED 2.15MAED 2,150,000 · Apr 2024April 2024 | 158,000 /yr | |
| 1305 | 1-bed | 1,036 sqft | AED 2.14MAED 2,140,000 · Feb 2024February 2024 | 150,000 /yr | |
| 1306 | 2-bed | 1,527 sqft | AED 3.85MAED 3,850,000 · Apr 2025April 2025 | 235,000 /yr | |
| 1307 | Studio | 268 sqft | AED 350KAED 350,000 · Nov 2024November 2024 | 90,000 /yr | |
| 1309 | 2-bed | 1,716 sqft | AED 2.9MAED 2,904,570 · Jun 2021June 2021 | 235,000 /yr | |
| 1310 | 2-bed | 1,707 sqft | AED 3.13MAED 3,125,828 · Sep 2018September 2018 | 230,000 /yr |
1308, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 16 December 2019 for AED 3,690,134, or AED 1,454 per sqft.
- Rented since August 2021 on 7 Ejari contracts, from AED 225,000 to AED 336,000 a year.
- At AED 336,000 a year the gross yield on the 2019 price is 9.1%, before a service charge of about AED 43,900 a year (AED 17.30 per sqft).
- Three-beds in DT 1 Downtown sold for AED 6,250,000–6,250,000 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 20 April 2026.
Questions about 1308, DT 1 Downtown
What did unit 1308 last sell for?
AED 3,690,134 on 16 December 2019, sold by the developer: AED 1,454 per sqft for 2,536 sqft. It is the only registered sale of the unit.
What is the rent for unit 1308?
AED 336,000 a year on the contract renewed on 20 April 2026. The previous contract, from April 2025, was AED 320,000; the unit has been rented since August 2021.
How big is unit 1308?
2,536 sqft (235.6 sqm): a three-bedroom apartment on the 13th floor of a 16-storey tower completed in 2020.
What is unit 1308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in DT 1 Downtown sold for AED 6,250,000 to 6,250,000 in the last 12 months, around AED 2,464 per sqft.
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Mortgage on 1308, DT 1 Downtown
Starts from the last sale price (AED 3.69M, 16 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,690,134
- Deposit, UAE resident (20%)
- AED 738,027
- Deposit, non-resident (40%)
- AED 1,476,054
- Monthly over 25 years at 3.7%
- AED 15,097
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →