PropertyIndex

Dt 1

Completed · Q1 2020|139 units · 1 tower

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Dt 1 is a completed apartment development by ELLINGTON PROPERTIES DEVELOPMENT L.L.C in Downtown Dubai, Burj Khalifa, comprising 139 registered units. 198 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,447 per sqft. At AED 2,447 per sqft, Dt 1 prices 20% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 18.6% YoY
3.42MAED
Typical
2,447AED
PSF
Gross yield
5.9%
PIX© rent ÷ PIX© price
Sale records
198
DLD · all time
Rent contracts
443
Ejari · all time
Dt 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
56 – 6,091 sqft
1393.42M2,44718.6%201K5.9%
Residential
Studio · Apartment
536 – 1,131 sqft
26
1 Bed · Apartment
993 – 1,036 sqft
36
2 Bed · Apartment
1,527 – 4,150 sqft
52
3 Bed · Apartment
2,536 – 6,091 sqft
15
4 Bed · Apartment
5,622 sqft
1
Commercial
Shop
2,843 – 4,700 sqft
3
Store
56 – 185 sqft
6
Sales — Project-Wide198 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
24 Jul 20263 BedFloor 82,5366,250,0002,464+46.3%StandardStandard Sale
11 Jun 20262 BedFloor 101,7164,000,0002,331+37.7%StandardStandard Sale
21 May 20261 BedFloor 131,0362,800,0002,703+26.4%StandardStandard Sale
Rentals — Project-Wide443 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 133 rentals
Floors 3-7 · 41 rentals
Floors 8-16 · 92 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Sep 20261 Bed993155,000156Premiumrenewal
19 Aug 20262 Bed4,150180,00043Standardrenewal
15 Aug 20262 BedFloor 33,392200,00059-19.5%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Dt 1

Answered from Dubai Land Department registered transactions.

How much does a property in Dt 1 cost?

Property in Dt 1 sells at a current PIX© price of AED 2,447 per sqft, or about AED 3,418,962 for a typical unit, based on 198 sales registered with the Dubai Land Department.

Is Dt 1 completed?

Yes. Dt 1 is recorded as completed in the Dubai Land Department project register (completed q1 2020).

Who is the developer of Dt 1?

Dt 1 is developed by ELLINGTON PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Dt 1?

Dt 1 yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 443 registered Ejari contracts.

How many units are in Dt 1?

Dt 1 holds 139 registered units, per the Dubai Land Department unit register.

Have prices in Dt 1 gone up or down?

Price per sqft has risen +18.6% over the last 12 months, to AED 2,447, across 198 registered sales.