1508, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in April 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 1508, DT 1 Downtown
What is 1508 worth today?
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Source: Dubai Land Department. Updated 11 April 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 2,536 sqft
- Floor
- 15th of 16
- Parking
- P2-41, P2-40
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 43,900 /yr
- Last sold
- AED 4.05M · April 2021
- Building
- DT 1 Downtown
About 1508, DT 1 Downtown
1508 is a three-bedroom apartment of 2,536 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 11 April 2021 for AED 4,050,000, or AED 1,596 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in DT 1 Downtown, and where 1508 sits
All 15 3-beds →Over the last 12 months three-beds sold for AED 6,250,000, around AED 2,464 per sqft, and rent for AED 282,975 to 365,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 2,536 sqft | 6,250,000 | 2,464 | ||
| 26 Jun 202526 June 2025 | 2,536 sqft | 4,417,785 | 1,741 | ||
| 12 Jun 202512 June 2025 | 2,536 sqft | 5,000,000 | 1,971 | ||
| 10 Jan 202410 January 2024 | 2,536 sqft | 6,800,000 | 2,680 |
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 | |
| 1507 | Studio | 536 sqft | AED 1.22MAED 1,220,000 · Feb 2022February 2022 | 85,000 /yr | |
| 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 |
1508, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 11 April 2021 for AED 4,050,000, or AED 1,596 per sqft.
- Three-beds in DT 1 Downtown sold for AED 6,250,000–6,250,000 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 11 April 2021.
Questions about 1508, DT 1 Downtown
What did unit 1508 last sell for?
AED 4,050,000 on 11 April 2021, sold by the developer: AED 1,596 per sqft for 2,536 sqft. It is the only registered sale of the unit.
How big is unit 1508?
2,536 sqft (235.6 sqm): a three-bedroom apartment on the 15th floor of a 16-storey tower completed in 2020.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in DT 1 Downtown sold for AED 6,250,000 to 6,250,000 in the last 12 months, around AED 2,464 per sqft.
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Mortgage on 1508, DT 1 Downtown
Starts from the last sale price (AED 4.05M, 11 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,050,000
- Deposit, UAE resident (20%)
- AED 810,000
- Deposit, non-resident (40%)
- AED 1,620,000
- Monthly over 25 years at 3.7%
- AED 16,570
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →