Studio · 536 sqftDT 1 Downtown, Downtown Dubai · 14th floor · completed 2020

1401, DT 1 Downtown

Sold prices and rental history: sold twice, last in March 2021, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 4 February 2026
Last soldAED 1M30 March 2021
Current rentAED 90K /yr4 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, DT 1 Downtown

What is 1401 worth today?

Last sold for AED 1,001,000 in 2021

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4 Feb 2026RentedNew contract
AED 90,000/yr12 months · AED 168 per sqft
30 Mar 2021SoldReady
AED 1,001,000AED 1,868 per sqft
1 Oct 2020Sold by developerOff-plan
AED 1,044,828AED 1,950 per sqft

Source: Dubai Land Department. Updated 4 February 2026.

Key facts

Type
Studio apartment
Size
536 sqft
Floor
14th of 16
Parking
P1-49
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 1M · March 2021

About 1401, DT 1 Downtown

1401 is a studio of 536 sqft on the 14th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . It last sold on 30 March 2021 for AED 1,001,000, or AED 1,868 per sqft, 4% below the AED 1,950 studios in the building were fetching at the time.

One Ejari contract is registered, from 4 February 2026. The current contract, signed on 4 February 2026, is AED 90,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 9,300 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, October 2020: AED 1,044,828 (AED 1,950 per sqft)Sold, March 2021: AED 1,001,000 (AED 1,868 per sqft)

1401 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1401, 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, February 2026: 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 1401 sits

All 26 studios →

1401 last sold in March 2021 at AED 1,868 per sqft, 4% below what studios in DT 1 Downtown were fetching at the time (AED 1,950). 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. 1401'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 14th floor

All 130 units in DT 1 Downtown
Value
14022-bedAED 3M · May 2026
14031-bedAED 1.82M · Oct 2018
14041-bedAED 1.68M · Jun 2021
14051-bedAED 1.67M · Dec 2021
14062-bedAED 2.82M · Jun 2018
1407StudioAED 1.22M · Nov 2021
14083-bedAED 6.8M · Jan 2024
1–7 of 9

1401, DT 1 Downtown in numbers

  • Sold twice: first on 1 October 2020 for AED 1,044,828, last on 30 March 2021 for AED 1,001,000 (AED 1,868 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 9,300 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 4 February 2026.

Questions about 1401, DT 1 Downtown

What did unit 1401 last sell for?

AED 1,001,000 on 30 March 2021: AED 1,868 per sqft for 536 sqft. The unit has 2 registered sales; the first was AED 1,044,828 in October 2020.

What is the rent for unit 1401?

AED 90,000 a year on the contract signed on 4 February 2026.

How big is unit 1401?

536 sqft (49.8 sqm): a studio on the 14th floor of a 16-storey tower completed in 2020.

What is unit 1401 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 1401, DT 1 Downtown

Starts from the last sale price (AED 1M, 30 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,001,000
Deposit, UAE resident (20%)
AED 200,200
Deposit, non-resident (40%)
AED 400,400
Monthly over 25 years at 3.7%
AED 4,095

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