304, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in June 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, DT 1 Downtown
What is 304 worth today?
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Source: Dubai Land Department. Updated 11 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 1,131 sqft
- Floor
- 3rd of 16
- Parking
- P2-01
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 19,600 /yr
- Last sold
- AED 1.92M · June 2021
- Building
- DT 1 Downtown
About 304, DT 1 Downtown
304 is a studio of 1,131 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 13 June 2021 for AED 1,920,149, or AED 1,697 per sqft, 9% below the AED 1,868 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 11 January 2025, is AED 105,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 19,600 a year.
Sales and rents for 304 over time
304 has sold once; 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 304 sits
All 26 studios →304 last sold in June 2021 at AED 1,697 per sqft, 9% below what studios in DT 1 Downtown were fetching at the time (AED 1,868). 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. 304's AED 105,000 is in the upper 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 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 | |
| 302 | 2-bed | 2,332 sqft | AED 4.02MAED 4,016,360 · Jun 2021June 2021 | 220,000 /yr | |
| 303 | 2-bed | 3,776 sqft | AED 3.64MAED 3,641,620 · Dec 2019December 2019 | 235,000 /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 |
304, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 13 June 2021 for AED 1,920,149, or AED 1,697 per sqft.
- Rented since October 2023 on 3 Ejari contracts, from AED 100,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 19,600 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 11 January 2025.
Questions about 304, DT 1 Downtown
What did unit 304 last sell for?
AED 1,920,149 on 13 June 2021, sold by the developer: AED 1,697 per sqft for 1,131 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 105,000 a year on the contract signed on 11 January 2025. The previous contract, from January 2025, was AED 105,000; the unit has been rented since October 2023.
How big is unit 304?
1,131 sqft (105.1 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2020.
What is unit 304 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 304, DT 1 Downtown
Starts from the last sale price (AED 1.92M, 13 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,920,149
- Deposit, UAE resident (20%)
- AED 384,030
- Deposit, non-resident (40%)
- AED 768,060
- Monthly over 25 years at 3.7%
- AED 7,856
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →