407, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in November 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 407, DT 1 Downtown
What is 407 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 24 November 2021.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 4th of 16
- Parking
- P2-70
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.25M · November 2021
- Building
- DT 1 Downtown
About 407, DT 1 Downtown
407 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 24 November 2021 for AED 1,254,828, or AED 2,343 per sqft, 23% above the AED 1,912 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 407 over time
407 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 407 sits
All 26 studios →407 last sold in November 2021 at AED 2,343 per sqft, 23% above what studios in DT 1 Downtown were fetching at the time (AED 1,912). 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.
| 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 | |||||
|---|---|---|---|---|---|
| 401 | Studio | 536 sqft | AED 1.1MAED 1,100,828 · Dec 2021December 2021 | 84,000 /yr | |
| 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 | |
| 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 |
407, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 24 November 2021 for AED 1,254,828, or AED 2,343 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 24 November 2021.
Questions about 407, DT 1 Downtown
What did unit 407 last sell for?
AED 1,254,828 on 24 November 2021, sold by the developer: AED 2,343 per sqft for 536 sqft. It is the only registered sale of the unit.
How big is unit 407?
536 sqft (49.8 sqm): a studio on the 4th floor of a 16-storey tower completed in 2020.
What is unit 407 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.
Selling 407? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 407, DT 1 Downtown
Starts from the last sale price (AED 1.25M, 24 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,254,828
- Deposit, UAE resident (20%)
- AED 250,966
- Deposit, non-resident (40%)
- AED 501,931
- Monthly over 25 years at 3.7%
- AED 5,134
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →