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Ejari leases to 12 Oct 2026

DT1 rents

  • 46 new leases and 22 renewals in 12 months
  • 130 units
  • Downtown Dubai
  • near Business Bay Metro Station

A two-bed here leases for about AED 210,000 a year, 24% above the typical Downtown Dubai two-bed.

2 bed · typical new lease

210,000AEDa year

AED 122/sqft · -9.7% on a year

A month, roughly
AED 17,500
vs Downtown Dubai 2 bed
24% above the median
New leases, 12 months
17
Buying instead? DT1 sale prices →

What should a lease in DT1 cost?A two-bed leases for about AED 210,000 a year

TypeNew leaseRenewalvs Downtown DubaiLeases
Studio100,000187/sqft—40% moretypical 71,50012
1 bed150,000145/sqft135,0009 renewals30% moretypical 115,00015
2 bedmost leased210,000122/sqft—24% moretypical 168,86217
3 bed315,000124/sqft—11% moretypical 285,0002

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Downtown Dubai median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A two-bed here now costs 9.7% less than a year earlier: AED 210,000 against 232,500.

Median annual rent by year, 2 bed, with fainter bars resting on fewer contracts. Too few monthly records in DT1 to draw an honest monthly line.

Chart data, 2 bed: 2021, AED 165,000; latest, 2026, AED 210,000; peak, 2024, AED 235,000.

StartTypeSqftAnnual rentAED/sqftContract
1 Oct 20261 bed1,131AED 160,000141New
21 Mar 20261 bed1,037AED 126,000122Renewal

2 contracts starting on or after 12 Oct 2025.

About DT1A 17-floor tower in Downtown Dubai, a 9-minute drive from DIFC

DT1 is an apartment building completed in 2020 by Ellington Properties in Downtown Dubai. 68 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
Paid by the landlord · AED 21.35/sqft a year
Floors
17
Lifts
3
Parking bays
160
Pools
1
Master developer
Ellington Properties

Drive times · typical

Downtown
8 min · 1.5 km
DXB Airport
17 min · 15 km
DIFC
9 min · 5.7 km
Dubai Marina
21 min · 22 km
Palm Jumeirah
27 min · 26 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Letting a unit in DT1?What letting a two-bed here earns

Short-let instead, two-bed
AED 844
a night on Airbnb; nets 0.7× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? DT1 sale prices →

Comparables in Downtown Dubai

Every Downtown Dubai building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. DT1 places 22nd of 63; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
18Opera GrandAED 219,662148+6.0%-12.1%88
19Imperial AvenueAED 190,000144+3.0%+10.1%169
20–21BURJ VISTA Tower 1, 2one project rent, 2 towersAED 180,000142+1.4%-5.3%170
22DT1 · this buildingAED 153,500140+2.3%46
23–25Blvd Central 1, 2, Podiumone project rent, 3 towersAED 110,000132-5.6%-8.3%114
26Claren PDAED 110,000131-6.2%0.0%87

Rank 1 is the dearest per square foot. Differences are against DT1.

At 2 bed, DT1 ranks 32nd of 56 by rent per square foot and 23rd of 43 by gross yield in Downtown Dubai.

Market context in Downtown Dubai

Registered sales activity

1,759 ready apartment sales in the 12 months to 2026-10-12.

+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.

Explore sales activity

Planned apartment projects

2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 1 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.

Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.

New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.

How these are counted
Find service-charge budget evidence for DT1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

More from Ellington Properties

Nearby in Downtown Dubai

Prices per sq ft around DT1, on the map
Pills show median annual rent, AED. 49 buildings pinned from Google place records and Apple geocoding · DT1 is the inverted pinOpen in Apple Maps

Ask about DT1

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Common questions

What is the registered annual rent for a 2 bedroom in DT1?
The median new annual rent is AED 210,000, from 17 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in DT1 risen or fallen?
The median new annual rent changed -9.7% in the trailing 12 months against the previous 12, using 17 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
How many apartments change hands in DT1?
8 sales were registered with the Dubai Land Department in the last 12 months, alongside 17 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to DT1?
Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
What is the rental yield in DT1?
DT1 returns 5.5% gross: a median new-contract rent of AED 210,000 a year (17 Ejari contracts in 12 months) over a price benchmark of AED 3.84M (median of 8 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.

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DT1 rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
17 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/downtown-dubai/dt1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “DT1 rents and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/downtown-dubai/dt1

Stable dataJSON