1507, DT 1 Downtown
Sold prices and rental history: sold twice, last in February 2022, 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 1507, DT 1 Downtown
What is 1507 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 15th of 16
- Parking
- P1-69
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.22M · February 2022
- Building
- DT 1 Downtown
About 1507, DT 1 Downtown
1507 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 7 February 2022 for AED 1,220,000, or AED 2,278 per sqft, 15% above the AED 1,977 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 85,000 a year: a gross yield of 7.0% on the 2022 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1507 over time
1507 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 1507 sits
All 26 studios →1507 last sold in February 2022 at AED 2,278 per sqft, 15% above what studios in DT 1 Downtown were fetching at the time (AED 1,977). 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. 1507's AED 85,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 536 sqft | AED 1.29MAED 1,285,000 · Feb 2025February 2025 | 70,000 /yr | |
| 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 | |
| 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 |
1507, DT 1 Downtown in numbers
- Sold twice: first on 18 May 2021 for AED 1,016,828, last on 7 February 2022 for AED 1,220,000 (AED 2,278 per sqft).
- Rented since July 2021 on 6 Ejari contracts, from AED 58,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 7.0%, 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 1 August 2026.
Questions about 1507, DT 1 Downtown
What did unit 1507 last sell for?
AED 1,220,000 on 7 February 2022: AED 2,278 per sqft for 536 sqft. The unit has 2 registered sales; the first was AED 1,016,828 in May 2021.
What is the rent for unit 1507?
AED 85,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 85,000; the unit has been rented since July 2021.
How big is unit 1507?
536 sqft (49.8 sqm): a studio on the 15th floor of a 16-storey tower completed in 2020.
What is unit 1507 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 1507, DT 1 Downtown
Starts from the last sale price (AED 1.22M, 7 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,220,000
- Deposit, UAE resident (20%)
- AED 244,000
- Deposit, non-resident (40%)
- AED 488,000
- Monthly over 25 years at 3.7%
- AED 4,991
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →