707, DT 1 Downtown
Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, DT 1 Downtown
What is 707 worth today?
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Source: Dubai Land Department. Updated 16 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 7th of 16
- Parking
- P2-19
- Developer
- Ellington Properties Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.06M · March 2021
- Building
- DT 1 Downtown
About 707, DT 1 Downtown
707 is a studio of 536 sqft on the 7th 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 March 2021 for AED 1,058,828, or AED 1,977 per sqft, in line with the AED 1,964 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 16 November 2025, is AED 98,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 9,300 a year.
Sales and rents for 707 over time
707 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 707 sits
All 26 studios →707 last sold in March 2021 at AED 1,977 per sqft, in line with what studios in DT 1 Downtown were fetching at the time (AED 1,964). 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. 707's AED 98,000 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 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 | ||
| 702 | 2-bed | 1,527 sqft | AED 2.75MAED 2,750,000 · Aug 2021August 2021 | ||
| 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 | |
| 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 |
707, DT 1 Downtown in numbers
- Sold once: by Ellington Properties Development on 24 March 2021 for AED 1,058,828, or AED 1,977 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 95,531 to AED 98,000 a year.
- At AED 98,000 a year the gross yield on the 2021 price is 9.3%, 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 16 November 2025.
Questions about 707, DT 1 Downtown
What did unit 707 last sell for?
AED 1,058,828 on 24 March 2021, sold by the developer: AED 1,977 per sqft for 536 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 98,000 a year on the contract renewed on 16 November 2025. The previous contract, from November 2024, was AED 98,000; the unit has been rented since October 2022.
How big is unit 707?
536 sqft (49.8 sqm): a studio on the 7th floor of a 16-storey tower completed in 2020.
What is unit 707 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 707, DT 1 Downtown
Starts from the last sale price (AED 1.06M, 24 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,058,828
- Deposit, UAE resident (20%)
- AED 211,766
- Deposit, non-resident (40%)
- AED 423,531
- Monthly over 25 years at 3.7%
- AED 4,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →