1407, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, DT 1 Downtown
What is 1407 worth today?
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Source: Dubai Land Department. Updated 14 November 2021.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 14th of 16
- Parking
- P2-42
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.22M · November 2021
- Building
- DT 1 Downtown
About 1407, DT 1 Downtown
1407 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 . The developer sold it on 14 November 2021 for AED 1,216,828, or AED 2,272 per sqft, 20% above the AED 1,898 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1407 over time
1407 has sold once; the dashed line is the studio median of each year in the building.
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 1407 sits
All 26 studios →1407 last sold in November 2021 at AED 2,272 per sqft, 20% above what studios in DT 1 Downtown were fetching at the time (AED 1,898). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 536 sqft | 1,280,000 | 2,390 | ||
| 5 Aug 20265 August 2026 | 536 sqft | 3,710 | 6 | ||
| 5 Jan 20265 January 2026 | 536 sqft | 13,911 | 25 | ||
| 4 Jul 20254 July 2025 | 536 sqft | 22,157 | 41 |
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 | |
| 1406 | 2-bed | 1,527 sqft | AED 2.82MAED 2,820,828 · Jun 2018June 2018 | 220,000 /yr | |
| 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 |
1407, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 14 November 2021 for AED 1,216,828, or AED 2,272 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 14 November 2021.
Questions about 1407, DT 1 Downtown
What did unit 1407 last sell for?
AED 1,216,828 on 14 November 2021, sold by the developer: AED 2,272 per sqft for 536 sqft. It is the only registered sale of the unit.
How big is unit 1407?
536 sqft (49.8 sqm): a studio on the 14th floor of a 16-storey tower completed in 2020.
What is unit 1407 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 1407, DT 1 Downtown
Starts from the last sale price (AED 1.22M, 14 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,216,828
- Deposit, UAE resident (20%)
- AED 243,366
- Deposit, non-resident (40%)
- AED 486,731
- Monthly over 25 years at 3.7%
- AED 4,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →