1404, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2021, 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 1404, DT 1 Downtown
What is 1404 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 14th of 16
- Parking
- P1-19
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.68M · June 2021
- Building
- DT 1 Downtown
About 1404, DT 1 Downtown
1404 is a one-bedroom apartment of 993 sqft on the 14th 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 June 2021 for AED 1,677,950, or AED 1,689 per sqft, in line with the AED 1,690 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 25 September 2026, is AED 145,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 17,200 a year.
Sales and rents for 1404 over time
1404 has sold once; the dashed line is the one-bed median of each year in the building.
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 1404 sits
All 36 1-beds →1404 last sold in June 2021 at AED 1,689 per sqft, in line with what one-beds in DT 1 Downtown were fetching at the time (AED 1,690). 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. 1404's AED 145,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,036 sqft | 2,400,000 | 2,316 | ||
| 21 May 202621 May 2026 | 1,036 sqft | 2,800,000 | 2,702 | ||
| 9 Mar 20269 March 2026 | 1,036 sqft | 2,750,000 | 2,654 | ||
| 18 Jun 202518 June 2025 | 1,036 sqft | 2,600,000 | 2,509 |
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 14th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 536 sqft | AED 1MAED 1,001,000 · Mar 2021March 2021 | 90,000 /yr | |
| 1402 | 2-bed | 1,527 sqft | AED 3MAED 3,000,000 · May 2026May 2026 | ||
| 1403 | 1-bed | 1,036 sqft | AED 1.82MAED 1,815,828 · Oct 2018October 2018 | 165,000 /yr | |
| 1405 | 1-bed | 1,036 sqft | AED 1.67MAED 1,670,000 · Dec 2021December 2021 | 150,000 /yr | |
| 1406 | 2-bed | 1,527 sqft | AED 2.82MAED 2,820,828 · Jun 2018June 2018 | 220,000 /yr | |
| 1407 | Studio | 536 sqft | AED 1.22MAED 1,216,828 · Nov 2021November 2021 | ||
| 1408 | 3-bed | 2,536 sqft | AED 6.8MAED 6,800,000 · Jan 2024January 2024 | 280,000 /yr | |
| 1409 | 2-bed | 1,716 sqft | AED 3.3MAED 3,298,828 · Oct 2021October 2021 | 315,000 /yr | |
| 1410 | 2-bed | 1,707 sqft | AED 3.13MAED 3,125,828 · Sep 2018September 2018 | 181,500 /yr |
1404, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 14 June 2021 for AED 1,677,950, or AED 1,689 per sqft.
- Rented since November 2021 on 6 Ejari contracts, from AED 115,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2021 price is 8.6%, before a service charge of about AED 17,200 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 25 September 2026.
Questions about 1404, DT 1 Downtown
What did unit 1404 last sell for?
AED 1,677,950 on 14 June 2021, sold by the developer: AED 1,689 per sqft for 993 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 145,000 a year on the contract signed on 25 September 2026. The previous contract, from November 2025, was AED 125,000; the unit has been rented since November 2021.
How big is unit 1404?
993 sqft (92.3 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2020.
What is unit 1404 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 1404, DT 1 Downtown
Starts from the last sale price (AED 1.68M, 14 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,677,950
- Deposit, UAE resident (20%)
- AED 335,590
- Deposit, non-resident (40%)
- AED 671,180
- Monthly over 25 years at 3.7%
- AED 6,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →