401, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, DT 1 Downtown
What is 401 worth today?
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Source: Dubai Land Department. Updated 22 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 4th of 16
- Parking
- P2-21
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.1M · December 2021
- Building
- DT 1 Downtown
About 401, DT 1 Downtown
401 is a studio of 536 sqft on the 4th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . The developer sold it on 26 December 2021 for AED 1,100,828, or AED 2,055 per sqft, 7% above the AED 1,926 studios in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 22 May 2026, is AED 84,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 9,300 a year.
Sales and rents for 401 over time
401 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 401 sits
All 26 studios →401 last sold in December 2021 at AED 2,055 per sqft, 7% above what studios in DT 1 Downtown were fetching at the time (AED 1,926). 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. 401's AED 84,000 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 4th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,527 sqft | AED 3.06MAED 3,060,000 · Jul 2023July 2023 | ||
| 403 | 1-bed | 1,036 sqft | AED 1.87MAED 1,867,828 · Aug 2018August 2018 | 150,000 /yr | |
| 404 | 1-bed | 993 sqft | AED 2.18MAED 2,175,000 · May 2024May 2024 | 140,757 /yr | |
| 405 | 1-bed | 1,036 sqft | AED 2.3MAED 2,300,000 · Aug 2024August 2024 | 140,000 /yr | |
| 406 | 2-bed | 1,527 sqft | AED 3.8MAED 3,800,000 · Jun 2024June 2024 | 42,000 /yr | |
| 407 | Studio | 536 sqft | AED 1.25MAED 1,254,828 · Nov 2021November 2021 | ||
| 408 | 3-bed | 2,536 sqft | AED 4.27MAED 4,271,277 · Jun 2021June 2021 | 282,975 /yr | |
| 409 | 2-bed | 1,716 sqft | AED 2.5MAED 2,495,040 · Jul 2025July 2025 | 181,500 /yr | |
| 410 | 2-bed | 1,707 sqft | AED 2.87MAED 2,867,686 · Jun 2021June 2021 | 220,000 /yr |
401, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 26 December 2021 for AED 1,100,828, or AED 2,055 per sqft.
- Rented since January 2026 on 2 Ejari contracts, from AED 100,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2021 price is 7.6%, 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 22 May 2026.
Questions about 401, DT 1 Downtown
What did unit 401 last sell for?
AED 1,100,828 on 26 December 2021, sold by the developer: AED 2,055 per sqft for 536 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 84,000 a year on the contract signed on 22 May 2026. The previous contract, from January 2026, was AED 100,000.
How big is unit 401?
536 sqft (49.8 sqm): a studio on the 4th floor of a 16-storey tower completed in 2020.
What is unit 401 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 401, DT 1 Downtown
Starts from the last sale price (AED 1.1M, 26 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,828
- Deposit, UAE resident (20%)
- AED 220,166
- Deposit, non-resident (40%)
- AED 440,331
- Monthly over 25 years at 3.7%
- AED 4,504
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →