Studio · 536 sqftDT 1 Downtown, Downtown Dubai · 6th floor · completed 2020

601, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 7 February 2021
Last soldAED 1.17M7 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, DT 1 Downtown

What is 601 worth today?

Last sold for AED 1,171,828 in 2021

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7 Feb 2021Sold by developerReady
AED 1,171,828AED 2,187 per sqft

Source: Dubai Land Department. Updated 7 February 2021.

Key facts

Type
Studio apartment
Size
536 sqft
Floor
6th of 16
Parking
P2-09
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 1.17M · February 2021

About 601, DT 1 Downtown

601 is a studio of 536 sqft on the 6th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . The developer sold it on 7 February 2021 for AED 1,171,828, or AED 2,187 per sqft, 27% above the AED 1,722 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical studio in DT 1 Downtown
1M20182020202220242026Typical sale price by year: 2018 AED 1,179,328; 2020 AED 878,338; 2021 AED 1,083,828; 2023 AED 1,302,500; 2024 AED 650,000; 2025 AED 1,370,000Sold by developer, February 2021: AED 1,171,828 (AED 2,187 per sqft)

601 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 601, each contractTypical studio in DT 1 Downtown
60K80K100K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 87,500; 2023 AED 90,000; 2024 AED 90,000; 2025 AED 93,000; 2026 AED 95,000

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 601 sits

All 26 studios →

601 last sold in February 2021 at AED 2,187 per sqft, 27% above what studios in DT 1 Downtown were fetching at the time (AED 1,722). 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 salesUnit no.Price (AED)Summary
18 Sep 20261,280,000
5 Aug 20263,710
5 Jan 202613,911
4 Jul 202522,157
3 studio sales in the last 12 months

DT 1 Downtown

Building

130 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%
DT 1 Downtown, Downtown Dubai: prices, sales and rents →

Other units on the 6th floor

All 130 units in DT 1 Downtown
Value
6022-bedAED 2.75M · Apr 2021
6031-bedAED 2M · Feb 2023
6041-bedAED 2.15M · May 2024
6051-bedAED 2.4M · Oct 2026
6062-bedAED 2.78M · May 2018
607StudioAED 1.28M · Sep 2026
6083-bedAED 183K · Mar 2022
1–7 of 9

601, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 7 February 2021 for AED 1,171,828, or AED 2,187 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 7 February 2021.

Questions about 601, DT 1 Downtown

What did unit 601 last sell for?

AED 1,171,828 on 7 February 2021, sold by the developer: AED 2,187 per sqft for 536 sqft. It is the only registered sale of the unit.

How big is unit 601?

536 sqft (49.8 sqm): a studio on the 6th floor of a 16-storey tower completed in 2020.

What is unit 601 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 601, DT 1 Downtown

Starts from the last sale price (AED 1.17M, 7 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,171,828
Deposit, UAE resident (20%)
AED 234,366
Deposit, non-resident (40%)
AED 468,731
Monthly over 25 years at 3.7%
AED 4,794

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →