Studio · 453 sqftBurj Al Nujoom, Downtown Dubai · 14th floor · completed 2013

1408, Burj Al Nujoom

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 10 October 2022
Last soldAED 43K10 October 2022
Current rentAED 50K /yr1 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Burj Al Nujoom

What is 1408 worth today?

Last sold for AED 42,606 in 2022

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10 Oct 2022SoldReady · flagged as an outlier
AED 42,606AED 94 per sqft
1 Jul 2021SoldReady
AED 480,000AED 1,060 per sqft
1 Apr 2019RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
1 Nov 2018RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
15 Feb 2018RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
15 Jan 2014Sold by developerReady
AED 510,281AED 1,127 per sqft

Source: Dubai Land Department. Updated 10 October 2022.

Key facts

Type
Studio apartment
Size
453 sqft
Floor
14th of 30
Parking
B2-01
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 43K · October 2022

About 1408, Burj Al Nujoom

1408 is a studio of 453 sqft on the 14th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 10 October 2022 for AED 42,606, or AED 94 per sqft, 92% below the AED 1,161 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 April 2019, is AED 50,000 a year: a gross yield of 117.3% on the 2022 price, before the service charge of about AED 8,500 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical studio in Burj Al Nujoom
600K800K2012201620202024Typical sale price by year: 2012 AED 498,818; 2013 AED 600,000; 2014 AED 553,206; 2015 AED 747,500; 2016 AED 750,000; 2017 AED 770,000; 2018 AED 620,000; 2019 AED 475,000; 2020 AED 475,750; 2021 AED 485,000; 2022 AED 550,000; 2023 AED 640,000; 2024 AED 800,000; 2025 AED 875,000; 2026 AED 740,000Sold by developer, January 2014: AED 510,281 (AED 1,127 per sqft)Sold, July 2021: AED 480,000 (AED 1,060 per sqft)

1408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Burj Al Nujoom
40K60K2013201720212025Typical rent by year: 2013 AED 63,000; 2014 AED 68,000; 2015 AED 69,812; 2016 AED 63,000; 2017 AED 60,000; 2018 AED 53,000; 2019 AED 46,000; 2020 AED 36,000; 2021 AED 35,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 62,000; 2025 AED 63,800; 2026 AED 55,000New contract, February 2018: AED 60,000 a yearNew contract, November 2018: AED 50,000 a yearNew contract, April 2019: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Burj Al Nujoom, and where 1408 sits

All 184 studios →

1408 last sold in October 2022 at AED 94 per sqft, 92% below what studios in Burj Al Nujoom were fetching at the time (AED 1,161). Over the last 12 months studios sold for AED 707,777 to 900,000, around AED 1,668 per sqft, and rent for AED 36,923 to 82,000 a year. 1408's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026740,000
15 Sep 2026740,000
15 Sep 2026707,777
17 Aug 2026900,000
8 studio sales in the last 12 months

Burj Al Nujoom

Building

378 apartments, studios to 3-bed over 30 floors in Downtown Dubai, completed in 2013 by Althuraya Real Estate Development. 20 sold in the last 12 months.

Typical price per sqft
AED 1,515 Down 1.8%
Typical sale
AED 1.1M
Typical rent
AED 67K /yr
Typical yield
7.7%
Burj Al Nujoom, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 378 units in Burj Al Nujoom
Value
1401StudioAED 46K · Jul 2023
1402StudioAED 502K · Jan 2012
1403StudioAED 850K · Feb 2025
14041-bedAED 931K · Jan 2012
14051-bedAED 1.17M · Jun 2025
14062-bedAED 1.88M · Jun 2024
1409StudioAED 512K · Sep 2013
1–7 of 12

1408, Burj Al Nujoom in numbers

  • Sold 3 times: first on 15 January 2014 for AED 510,281, last on 10 October 2022 for AED 42,606 (AED 94 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 117.3%, before a service charge of about AED 8,500 a year (AED 18.68 per sqft).
  • Studios in Burj Al Nujoom sold for AED 707,777–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,515 per sqft.

Source: Dubai Land Department. Updated 10 October 2022.

Questions about 1408, Burj Al Nujoom

What did unit 1408 last sell for?

AED 42,606 on 10 October 2022: AED 94 per sqft for 453 sqft. The unit has 3 registered sales; the first was AED 510,281 in January 2014.

What is the rent for unit 1408?

AED 50,000 a year on the contract signed on 1 April 2019. The previous contract, from November 2018, was AED 50,000; the unit has been rented since February 2018.

How big is unit 1408?

453 sqft (42.1 sqm): a studio on the 14th floor of a 30-storey tower completed in 2013.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Burj Al Nujoom sold for AED 707,777 to 900,000 in the last 12 months, around AED 1,668 per sqft.

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Mortgage on 1408, Burj Al Nujoom

Starts from the last sale price (AED 43K, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 42,606
Deposit, UAE resident (20%)
AED 8,521
Deposit, non-resident (40%)
AED 17,042
Monthly over 25 years at 3.7%
AED 174

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