1501, DT 1 Downtown
Sold prices and rental history: sold twice, last in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, DT 1 Downtown
What is 1501 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 15th of 16
- Parking
- P2-69
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.29M · February 2025
- Building
- DT 1 Downtown
About 1501, DT 1 Downtown
1501 is a studio of 536 sqft on the 15th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . It last sold on 25 February 2025 for AED 1,285,000, or AED 2,399 per sqft, in line with the AED 2,413 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 29 February 2024, is AED 70,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1501 over time
1501 has sold twice; 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 1501 sits
All 26 studios →1501 last sold in February 2025 at AED 2,399 per sqft, in line with what studios in DT 1 Downtown were fetching at the time (AED 2,413). 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. 1501's AED 70,000 is at the bottom of that range.
| 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 15th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,527 sqft | AED 2.21MAED 2,210,670 · Jul 2023July 2023 | ||
| 1503 | 1-bed | 1,036 sqft | AED 1.5MAED 1,504,418 · Jul 2023July 2023 | 125,000 /yr | |
| 1504 | 1-bed | 993 sqft | AED 1.6MAED 1,601,519 · Feb 2020February 2020 | 135,000 /yr | |
| 1505 | 1-bed | 1,036 sqft | AED 2.01MAED 2,009,828 · Feb 2020February 2020 | 100,000 /yr | |
| 1506 | 2-bed | 1,527 sqft | AED 2.21MAED 2,210,670 · Aug 2023August 2023 | 240,000 /yr | |
| 1507 | Studio | 536 sqft | AED 1.22MAED 1,220,000 · Feb 2022February 2022 | 85,000 /yr | |
| 1508 | 3-bed | 2,536 sqft | AED 4.05MAED 4,050,000 · Apr 2021April 2021 | ||
| 1509 | 2-bed | 1,716 sqft | AED 4.12MAED 4,120,828 · Aug 2022August 2022 | 210,000 /yr | |
| 1510 | 2-bed | 1,707 sqft | AED 2.73MAED 2,727,501 · Feb 2020February 2020 | 190,000 /yr |
1501, DT 1 Downtown in numbers
- Sold twice: first on 28 October 2021 for AED 1,083,828, last on 25 February 2025 for AED 1,285,000 (AED 2,399 per sqft).
- Rented since February 2022 on 3 Ejari contracts, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2025 price is 5.5%, 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 25 February 2025.
Questions about 1501, DT 1 Downtown
What did unit 1501 last sell for?
AED 1,285,000 on 25 February 2025: AED 2,399 per sqft for 536 sqft. The unit has 2 registered sales; the first was AED 1,083,828 in October 2021.
What is the rent for unit 1501?
AED 70,000 a year on the contract signed on 29 February 2024. The previous contract, from February 2023, was AED 70,000; the unit has been rented since February 2022.
How big is unit 1501?
536 sqft (49.8 sqm): a studio on the 15th floor of a 16-storey tower completed in 2020.
What is unit 1501 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 1501, DT 1 Downtown
Starts from the last sale price (AED 1.29M, 25 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,285,000
- Deposit, UAE resident (20%)
- AED 257,000
- Deposit, non-resident (40%)
- AED 514,000
- Monthly over 25 years at 3.7%
- AED 5,257
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →