2-bed · 1,527 sqftDT 1 Downtown, Downtown Dubai · 8th floor · completed 2020

806, DT 1 Downtown

Sold prices and rental history: sold twice, last in February 2024, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 3.48M1 February 2024
Current rentAED 160K /yr12 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, DT 1 Downtown

What is 806 worth today?

Last sold for AED 3,475,000 in 2024

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1 Feb 2024SoldReady
AED 3,475,000AED 2,275 per sqft
12 Apr 2021RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft
8 Feb 2021Sold by developerReady
AED 2,777,828AED 1,818 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,527 sqft
Floor
8th of 16
Parking
P2-16
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 26,400 /yr
Last sold
AED 3.48M · February 2024

About 806, DT 1 Downtown

806 is a two-bedroom apartment of 1,527 sqft on the 8th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . It last sold on 1 February 2024 for AED 3,475,000, or AED 2,275 per sqft, in line with the AED 2,226 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 April 2021. The current contract, signed on 12 April 2021, is AED 160,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 26,400 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical two-bed in DT 1 Downtown
3M4M2018202120242027Typical sale price by year: 2018 AED 2,781,828; 2019 AED 3,641,620; 2020 AED 2,581,076; 2021 AED 2,867,686; 2022 AED 3,350,000; 2023 AED 3,262,500; 2024 AED 3,537,500; 2025 AED 4,025,000; 2026 AED 3,675,000Sold by developer, February 2021: AED 2,777,828 (AED 1,818 per sqft)Sold, February 2024: AED 3,475,000 (AED 2,275 per sqft)

806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 806, each contractTypical two-bed in DT 1 Downtown
150K200K2021202320252027Typical rent by year: 2021 AED 162,500; 2022 AED 175,000; 2023 AED 202,000; 2024 AED 227,500; 2025 AED 220,000; 2026 AED 217,500New contract, April 2021: AED 160,000 a year

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 806 sits

All 52 2-beds →

806 last sold in February 2024 at AED 2,275 per sqft, in line with what two-beds in DT 1 Downtown were fetching at the time (AED 2,226). 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. 806's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 20264,000,000
11 May 20263,000,000
7 May 20262,926,262
7 May 20262,963,898
8 2-bed 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 8th floor

All 130 units in DT 1 Downtown
Value
801StudioAED 1.18M · Jan 2018
8022-bedAED 3.4M · Jan 2022
8031-bedAED 2.75M · Mar 2026
8041-bedAED 1.96M · Jul 2018
8051-bedAED 1.82M · Jan 2019
807StudioAED 1.35M · Sep 2023
8083-bedAED 6.25M · Jul 2026
1–7 of 9

806, DT 1 Downtown in numbers

  • Sold twice: first on 8 February 2021 for AED 2,777,828, last on 1 February 2024 for AED 3,475,000 (AED 2,275 per sqft).
  • Rented since April 2021 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 26,400 a year (AED 17.30 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 1 February 2024.

Questions about 806, DT 1 Downtown

What did unit 806 last sell for?

AED 3,475,000 on 1 February 2024: AED 2,275 per sqft for 1,527 sqft. The unit has 2 registered sales; the first was AED 2,777,828 in February 2021.

What is the rent for unit 806?

AED 160,000 a year on the contract signed on 12 April 2021.

How big is unit 806?

1,527 sqft (141.9 sqm): a two-bedroom apartment on the 8th floor of a 16-storey tower completed in 2020.

What is unit 806 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.

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Mortgage on 806, DT 1 Downtown

Starts from the last sale price (AED 3.48M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,475,000
Deposit, UAE resident (20%)
AED 695,000
Deposit, non-resident (40%)
AED 1,390,000
Monthly over 25 years at 3.7%
AED 14,217

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