1502, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in July 2023, 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 1502, DT 1 Downtown
What is 1502 worth today?
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Source: Dubai Land Department. Updated 17 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,527 sqft
- Floor
- 15th of 16
- Parking
- P1-23
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 26,400 /yr
- Last sold
- AED 2.21M · July 2023
- Building
- DT 1 Downtown
About 1502, DT 1 Downtown
1502 is a two-bedroom apartment of 1,527 sqft on the 15th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . The developer sold it on 17 July 2023 for AED 2,210,670, or AED 1,447 per sqft, 32% below the AED 2,136 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1502 over time
1502 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 1502 sits
All 52 2-beds →1502 last sold in July 2023 at AED 1,447 per sqft, 32% below what two-beds in DT 1 Downtown were fetching at the time (AED 2,136). 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.
| 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 15th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 536 sqft | AED 1.29MAED 1,285,000 · Feb 2025February 2025 | 70,000 /yr | |
| 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 |
1502, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 17 July 2023 for AED 2,210,670, or AED 1,447 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 17 July 2023.
Questions about 1502, DT 1 Downtown
What did unit 1502 last sell for?
AED 2,210,670 on 17 July 2023, sold by the developer: AED 1,447 per sqft for 1,527 sqft. It is the only registered sale of the unit.
How big is unit 1502?
1,527 sqft (141.9 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2020.
What is unit 1502 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 1502, DT 1 Downtown
Starts from the last sale price (AED 2.21M, 17 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,210,670
- Deposit, UAE resident (20%)
- AED 442,134
- Deposit, non-resident (40%)
- AED 884,268
- Monthly over 25 years at 3.7%
- AED 9,045
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →