702, DT 1 Downtown
Sold prices and rental history: sold twice, last in August 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 702, DT 1 Downtown
What is 702 worth today?
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Source: Dubai Land Department. Updated 4 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,527 sqft
- Floor
- 7th of 16
- Parking
- P2-25
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 26,400 /yr
- Last sold
- AED 2.75M · August 2021
- Building
- DT 1 Downtown
About 702, DT 1 Downtown
702 is a two-bedroom apartment of 1,527 sqft on the 7th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . It last sold on 4 August 2021 for AED 2,750,000, or AED 1,800 per sqft, 6% above the AED 1,692 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 702 over time
702 has sold twice; 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 702 sits
All 52 2-beds →702 last sold in August 2021 at AED 1,800 per sqft, 6% above what two-beds in DT 1 Downtown were fetching at the time (AED 1,692). 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.
| 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 7th floor
All 130 units in DT 1 Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 536 sqft | AED 1.23MAED 1,230,000 · May 2023May 2023 | ||
| 703 | 1-bed | 1,036 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | 111,933 /yr | |
| 704 | 1-bed | 993 sqft | AED 1.74MAED 1,739,828 · Dec 2018December 2018 | ||
| 705 | 1-bed | 1,036 sqft | AED 1.8MAED 1,800,000 · Sep 2022September 2022 | 100,000 /yr | |
| 706 | 2-bed | 1,527 sqft | AED 3.43MAED 3,425,000 · Jun 2023June 2023 | 154,000 /yr | |
| 707 | Studio | 536 sqft | AED 1.06MAED 1,058,828 · Mar 2021March 2021 | 98,000 /yr | |
| 708 | 3-bed | 2,536 sqft | AED 4.27MAED 4,271,277 · Jun 2021June 2021 | 245,000 /yr | |
| 709 | 2-bed | 1,716 sqft | AED 2.9MAED 2,904,570 · Jun 2021June 2021 | 230,000 /yr | |
| 710 | 2-bed | 1,707 sqft | AED 2.44MAED 2,436,939 · Jun 2025June 2025 | 230,000 /yr |
702, DT 1 Downtown in numbers
- Sold twice: first on 30 September 2019 for AED 2,477,473, last on 4 August 2021 for AED 2,750,000 (AED 1,800 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 4 August 2021.
Questions about 702, DT 1 Downtown
What did unit 702 last sell for?
AED 2,750,000 on 4 August 2021: AED 1,800 per sqft for 1,527 sqft. The unit has 2 registered sales; the first was AED 2,477,473 in September 2019.
How big is unit 702?
1,527 sqft (141.9 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2020.
What is unit 702 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.
Selling 702? Put it on the OpenOffers board
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Mortgage on 702, DT 1 Downtown
Starts from the last sale price (AED 2.75M, 4 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →