DT1 is an upcoming residential project being developed in Downtown Dubai by Ellington Properties, featuring one, two, three bedroom apartments and penthouses. Expected completion is in June 2019.

Property Types Available: Apartments
Status: Under Construction
Year Launched: 2017
Estimated Completion Date: June 2019
Developer: Ellington Properties
Title Type: Freehold
Quality Classification: High-end
Height Classification: High-rise
Special Classification: Residential Building

Investment Feasibility & Decision Drivers

Snapshot summary for investing in DT1

Investment Score

Value for Money
80%
Project Uniqueness
75%
Location & Connectivity
85%
Rental Yield Expectation
65%
Capital Growth Expectation
75%
More information on investment scores

Total Score

Synopsis

Sale Status: Partially sold out. Units available.

Payment Plan: Average payment-plan

Ideal for: End-Users & Investors

Price Range: AED 1,870 PSF - AED 2,220 PSF

Unit Types Available: Apartment

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What Our Experts Think

A high-end tower in Downtown Dubai featuring studios, one, two, three bedroom apartment and penthouses. Expected completion in June 2019.

This project is one of the last few remaining developments in Downtown. Minutes away from Dubai Mall and Downtown Dubai attractions. A good buying opportunity as there are still some units available from the developer.

DT1 - A Contemporary Residential Development in Downtown Dubai

1, 2, 3 bedroom apartment and penthouses in Downtown. Delivery expected Q2-2019. Payment Plans of 50:50 available. Show apartment ready to view. Contact for more information.

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About DT1

General Guide

- DT1 is a contemporary and high-end residential tower being developed in Downtown Dubai by Ellington Properties. The project is located next to Emaar's existing development, 8 Boulevard Walk.

- This residential building features studios, one, two, and three bedroom apartments, as well as penthouses.

- Anticipated completion is in June 2019.

- A show apartment is ready for viewing by appointment.

- Units will have views of Downtown and the Business Bay Park.

Sizes

- Studios range from 535 sq. ft. to 779 sq. ft.

- One bedrooms range from 994 sq. ft. to 1,037 sq. ft.

- Two Bedrooms range from 1,524 sq. ft. to 1,720 sq. ft.

- Three Bedrooms are 2,530 sq. ft.

- Penthouses range from 3,200 sq. ft. to 5,600 sq. ft.

Prices

Prices range from AED 1,870 per square foot to AED 2,220. Available units are currently starting from AED 1,189,828.

Payment Plan

- 10% Down Payment

- 5% 60 Days After Reservation Date

- 5% 120 Days After Reservation Date

- 5% On Completion of 20% Construction of Project

- 5% On Completion of 30% Construction of Project

- 5% On Completion of 40% Construction of Project

- 5% On Completion of 50% Construction of Project

- 5% On Completion of 60% Construction of Project

- 5% On Completion of 70% Construction of Project

- 50% On Completion

Project Completion Status (as per DLD): 4 % (as of July 05, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 445

Project Number: 1797

Real Estate Developer: Emaar Properties

Trust Account Number: 022000786075

Account Trustee Name: ALHILAL BANK

RERA Permit No:: 15128

Brokerage Firm: Taktical Realty Group LLC

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