302, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2021, 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 302, DT 1 Downtown
What is 302 worth today?
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Source: Dubai Land Department. Updated 7 November 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,332 sqft
- Floor
- 3rd of 16
- Parking
- P2-02
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 40,300 /yr
- Last sold
- AED 4.02M · June 2021
- Building
- DT 1 Downtown
About 302, DT 1 Downtown
302 is a two-bedroom apartment of 2,332 sqft on the 3rd floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . The developer sold it on 10 June 2021 for AED 4,016,360, or AED 1,722 per sqft, in line with the AED 1,763 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 7 November 2026, is AED 220,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 40,300 a year.
Sales and rents for 302 over time
302 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 302 sits
All 52 2-beds →302 last sold in June 2021 at AED 1,722 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 1,763). 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. 302's AED 220,000 is in the upper half of that range.
| 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 3rd floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 776 sqft | AED 1.32MAED 1,316,559 · Jun 2021June 2021 | 95,000 /yr | |
| 303 | 2-bed | 3,776 sqft | AED 3.64MAED 3,641,620 · Dec 2019December 2019 | 235,000 /yr | |
| 304 | Studio | 1,131 sqft | AED 1.92MAED 1,920,149 · Jun 2021June 2021 | 105,000 /yr | |
| 305 | 3-bed | 6,091 sqft | AED 5.44MAED 5,440,778 · Dec 2019December 2019 | 365,000 /yr | |
| 306 | 2-bed | 3,392 sqft | AED 4.96MAED 4,961,830 · Jul 2025July 2025 | 200,000 /yr | |
| 307 | 2-bed | 4,150 sqft | AED 4.03MAED 4,026,136 · Dec 2019December 2019 | 260,000 /yr |
302, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 10 June 2021 for AED 4,016,360, or AED 1,722 per sqft.
- Rented since October 2021 on 6 Ejari contracts, from AED 210,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 40,300 a year (AED 17.30 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 7 November 2026.
Questions about 302, DT 1 Downtown
What did unit 302 last sell for?
AED 4,016,360 on 10 June 2021, sold by the developer: AED 1,722 per sqft for 2,332 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 220,000 a year on the contract signed on 7 November 2026. The previous contract, from March 2025, was AED 260,000; the unit has been rented since October 2021.
How big is unit 302?
2,332 sqft (216.7 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2020.
What is unit 302 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 302, DT 1 Downtown
Starts from the last sale price (AED 4.02M, 10 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,016,360
- Deposit, UAE resident (20%)
- AED 803,272
- Deposit, non-resident (40%)
- AED 1,606,544
- Monthly over 25 years at 3.7%
- AED 16,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →