1603, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in May 2022, 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 1603, DT 1 Downtown
What is 1603 worth today?
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Source: Dubai Land Department. Updated 20 May 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 3,253 sqft
- Floor
- 16th of 16
- Parking
- P2-82; P2-83
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 56,300 /yr
- Last sold
- AED 6M · May 2022
- Building
- DT 1 Downtown
About 1603, DT 1 Downtown
1603 is a three-bedroom apartment of 3,253 sqft on the 16th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . The developer sold it on 20 May 2022 for AED 6,000,828, or AED 1,844 per sqft, 4% below the AED 1,927 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
1603 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 1603 sits
All 15 3-beds →1603 last sold in May 2022 at AED 1,844 per sqft, 4% below what three-beds in DT 1 Downtown were fetching at the time (AED 1,927). 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 16th floor
All 130 units in DT 1 Downtown1603, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 20 May 2022 for AED 6,000,828, or AED 1,844 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 20 May 2022.
Questions about 1603, DT 1 Downtown
What did unit 1603 last sell for?
AED 6,000,828 on 20 May 2022, sold by the developer: AED 1,844 per sqft for 3,253 sqft. It is the only registered sale of the unit.
How big is unit 1603?
3,253 sqft (302.2 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2020.
What is unit 1603 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 1603, DT 1 Downtown
Starts from the last sale price (AED 6M, 20 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,828
- Deposit, UAE resident (20%)
- AED 1,200,166
- Deposit, non-resident (40%)
- AED 2,400,331
- Monthly over 25 years at 3.7%
- AED 24,551
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →