2-bed · 1,527 sqftDT 1 Downtown, Downtown Dubai · 9th floor · completed 2020

906, DT 1 Downtown

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 5 May 2022
Last soldAED 3.11M14 December 2021
Current rentAED 150K /yr5 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, DT 1 Downtown

What is 906 worth today?

Last sold for AED 3,113,828 in 2021

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5 May 2022RentedRenewal
AED 150,000/yr12 months · AED 99 per sqft
14 Dec 2021Sold by developerReady
AED 3,113,828AED 2,038 per sqft
5 May 2021RentedNew contract
AED 145,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 5 May 2022.

Key facts

Type
2-bed apartment
Size
1,527 sqft
Floor
9th of 16
Parking
P2-77
Developer
Ellington Properties Development
Completed
2020
Service charge
AED 26,400 /yr
Last sold
AED 3.11M · December 2021

About 906, DT 1 Downtown

906 is a two-bedroom apartment of 1,527 sqft on the 9th floor of DT 1 Downtown, a 16-storey tower in Downtown Dubai completed in 2020 by Ellington Properties Development . The developer sold it on 14 December 2021 for AED 3,113,828, or AED 2,038 per sqft, 20% above the AED 1,692 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 5 May 2022, is AED 150,000 a year: a gross yield of 4.8% on the 2021 price, before the service charge of about AED 26,400 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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, December 2021: AED 3,113,828 (AED 2,038 per sqft)

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

Rents
Unit 906, 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, May 2021: AED 145,000 a yearRenewal, May 2022: AED 150,000 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 906 sits

All 52 2-beds →

906 last sold in December 2021 at AED 2,038 per sqft, 20% 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. 906's AED 150,000 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 9th floor

All 130 units in DT 1 Downtown
Value
901StudioAED 1.3M · Aug 2024
9022-bedAED 2.67M · Dec 2021
9031-bedAED 2.32M · May 2022
9041-bedAED 2.24M · Mar 2022
9051-bedAED 2.3M · Jun 2024
907StudioAED 905K · Jun 2021
9083-bedAED 4.27M · Oct 2022
1–7 of 9

906, DT 1 Downtown in numbers

  • Sold once: by Ellington Properties Development on 14 December 2021 for AED 3,113,828, or AED 2,038 per sqft.
  • Rented since May 2021 on 2 Ejari contracts, from AED 145,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 4.8%, 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 5 May 2022.

Questions about 906, DT 1 Downtown

What did unit 906 last sell for?

AED 3,113,828 on 14 December 2021, sold by the developer: AED 2,038 per sqft for 1,527 sqft. It is the only registered sale of the unit.

What is the rent for unit 906?

AED 150,000 a year on the contract renewed on 5 May 2022. The previous contract, from May 2021, was AED 145,000.

How big is unit 906?

1,527 sqft (141.9 sqm): a two-bedroom apartment on the 9th floor of a 16-storey tower completed in 2020.

What is unit 906 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 906, DT 1 Downtown

Starts from the last sale price (AED 3.11M, 14 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,113,828
Deposit, UAE resident (20%)
AED 622,766
Deposit, non-resident (40%)
AED 1,245,531
Monthly over 25 years at 3.7%
AED 12,740

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