Studio · 444 sqftBurj Al Nujoom, Downtown Dubai · 15th floor · completed 2013

1502, Burj Al Nujoom

Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 675K13 December 2016
Current rentAED 53K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Burj Al Nujoom

What is 1502 worth today?

Last sold for AED 675,000 in 2016

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1 Nov 2025RentedNew contract
AED 53,000/yr12 months · AED 119 per sqft
1 Nov 2024RentedRenewal
AED 53,000/yr12 months · AED 120 per sqft
1 Nov 2023RentedRenewal
AED 46,000/yr12 months · AED 104 per sqft
1 Nov 2022RentedRenewal
AED 41,000/yr12 months · AED 93 per sqft
1 Nov 2021RentedNew contract
AED 37,000/yr12 months · AED 84 per sqft
26 Aug 2021RentedRenewal
AED 37,029/yr1 months · AED 84 per sqft
1 Aug 2020RentedRenewal
AED 34,000/yr13 months · AED 77 per sqft
1 Aug 2019RentedRenewal
AED 43,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
444 sqft
Floor
15th of 30
Parking
B2-07
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,300 /yr
Last sold
AED 675K · December 2016

About 1502, Burj Al Nujoom

1502 is a studio of 444 sqft on the 15th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 13 December 2016 for AED 675,000, or AED 1,521 per sqft, 11% below the AED 1,704 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 November 2025, is AED 53,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, February 2012: AED 505,849 (AED 1,140 per sqft)Sold, December 2016: AED 675,000 (AED 1,521 per sqft)

1502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, 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, March 2015: AED 70,000 a yearNew contract, September 2017: AED 60,000 a yearNew contract, August 2018: AED 46,000 a yearRenewal, August 2019: AED 43,000 a yearRenewal, August 2020: AED 34,000 a yearRenewal, August 2021: AED 37,029 a yearNew contract, November 2021: AED 37,000 a yearRenewal, November 2022: AED 41,000 a yearRenewal, November 2023: AED 46,000 a yearRenewal, November 2024: AED 53,000 a yearNew contract, November 2025: AED 53,000 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 1502 sits

All 184 studios →

1502 last sold in December 2016 at AED 1,521 per sqft, 11% below what studios in Burj Al Nujoom were fetching at the time (AED 1,704). 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. 1502's AED 53,000 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 15th floor

All 378 units in Burj Al Nujoom
Value
1501StudioAED 930K · Jul 2014
1503StudioAED 925K · Jul 2014
15041-bedAED 939K · Apr 2014
15051-bedAED 1.05M · Mar 2024
15062-bedAED 2.4M · Oct 2013
15071-bedAED 1.11M · Nov 2024
1508StudioAED 550K · Apr 2022
1–7 of 13

1502, Burj Al Nujoom in numbers

  • Sold twice: first on 21 February 2012 for AED 505,849, last on 13 December 2016 for AED 675,000 (AED 1,521 per sqft).
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 34,000 in 2020 and recovered to AED 53,000 by November 2025.
  • At AED 53,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 8,300 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 1 November 2025.

Questions about 1502, Burj Al Nujoom

What did unit 1502 last sell for?

AED 675,000 on 13 December 2016: AED 1,521 per sqft for 444 sqft. The unit has 2 registered sales; the first was AED 505,849 in February 2012.

What is the rent for unit 1502?

AED 53,000 a year on the contract signed on 1 November 2025. The previous contract, from November 2024, was AED 53,000; the unit has been rented since March 2015.

How big is unit 1502?

444 sqft (41.2 sqm): a studio on the 15th floor of a 30-storey tower completed in 2013.

What is unit 1502 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 1502, Burj Al Nujoom

Starts from the last sale price (AED 675K, 13 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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