1406, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, DT 1 Downtown
What is 1406 worth today?
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Source: Dubai Land Department. Updated 27 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,527 sqft
- Floor
- 14th of 16
- Parking
- P1-17
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 26,400 /yr
- Last sold
- AED 2.82M · June 2018
- Building
- DT 1 Downtown
About 1406, DT 1 Downtown
1406 is a two-bedroom apartment of 1,527 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 6 June 2018 for AED 2,820,828, or AED 1,847 per sqft, in line with the AED 1,817 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 27 April 2026, is AED 220,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 26,400 a year.
Sales and rents for 1406 over time
1406 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in DT 1 Downtown, and where 1406 sits
All 52 2-beds →1406 last sold in June 2018 at AED 1,847 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 1,817). Over the last 12 months two-beds sold for AED 2,926,262 to 4,400,000, around AED 2,241 per sqft, and rent for AED 85,000 to 265,000 a year. 1406's AED 220,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 1,716 sqft | 4,000,000 | 2,330 | ||
| 11 May 202611 May 2026 | 1,527 sqft | 3,000,000 | 1,964 | ||
| 7 May 20267 May 2026 | 1,707 sqft | 2,926,262 | 1,714 | ||
| 7 May 20267 May 2026 | 1,716 sqft | 2,963,898 | 1,727 |
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 | |
| 1404 | 1-bed | 993 sqft | AED 1.68MAED 1,677,950 · Jun 2021June 2021 | 145,000 /yr | |
| 1405 | 1-bed | 1,036 sqft | AED 1.67MAED 1,670,000 · Dec 2021December 2021 | 150,000 /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 |
1406, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 6 June 2018 for AED 2,820,828, or AED 1,847 per sqft.
- Rented since September 2023 on 4 Ejari contracts, from AED 255,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 26,400 a year (AED 17.30 per sqft).
- Two-beds in DT 1 Downtown sold for AED 2,926,262–4,400,000 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 27 April 2026.
Questions about 1406, DT 1 Downtown
What did unit 1406 last sell for?
AED 2,820,828 on 6 June 2018, sold by the developer: AED 1,847 per sqft for 1,527 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 220,000 a year on the contract signed on 27 April 2026. The previous contract, from October 2025, was AED 235,000; the unit has been rented since September 2023.
How big is unit 1406?
1,527 sqft (141.9 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2020.
What is unit 1406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in DT 1 Downtown sold for AED 2,926,262 to 4,400,000 in the last 12 months, around AED 2,241 per sqft.
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Mortgage on 1406, DT 1 Downtown
Starts from the last sale price (AED 2.82M, 6 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,820,828
- Deposit, UAE resident (20%)
- AED 564,166
- Deposit, non-resident (40%)
- AED 1,128,331
- Monthly over 25 years at 3.7%
- AED 11,541
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →