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
What should a lease in DT1 cost?A two-bed leases for about AED 210,000 a year
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.
Chart data, 2 bed: 2021, AED 165,000; latest, 2026, AED 210,000; peak, 2024, AED 235,000.
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.
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.
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 activityPlanned 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 supplySupply 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 countedDirect 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
Wilton Park Residences I
Sobha Hartland · 115 contracts, 12 months
98,000
AED a year median · 126/sqft
Wilton Park Residences II
Sobha Hartland · 115 contracts, 12 months
98,000
AED a year median · 126/sqft
Belgravia III A
Jumeirah Village Circle · 93 contracts, 12 months
85,000
AED a year median · 98/sqft
Belgravia III B
Jumeirah Village Circle · 93 contracts, 12 months
85,000
AED a year median · 98/sqft
Nearby in Downtown Dubai
Prices per sq ft around DT1, on the mapPrices per sq ft around DT1, on the map
Grande
Downtown Dubai · 319 contracts, 12 months
190,000
AED a year median · 174/sqft
The Address Residences Dubai Opera T2
Downtown Dubai · 291 contracts, 12 months
250,000
AED a year median · 207/sqft
The Address Residences Dubai Opera T1
Downtown Dubai · 291 contracts, 12 months
250,000
AED a year median · 207/sqft
Forte T1
Downtown Dubai · 285 contracts, 12 months
175,000
AED a year median · 153/sqft
Ask about DT1
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
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.
For agents
Send this page to a client as a branded report
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
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