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

1503, Burj Al Nujoom

Sold prices and rental history: sold 3 times, last in July 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 11 October 2026
Last soldAED 925K16 July 2014
Current rentAED 55K /yr11 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Burj Al Nujoom

What is 1503 worth today?

Last sold for AED 925,000 in 2014

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11 Oct 2026RentedRenewal
AED 55,000/yr12 months · AED 125 per sqft
11 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
11 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
15 Sep 2023RentedNew contract
AED 58,000/yr12 months · AED 131 per sqft
28 Jun 2021RentedNew contract
AED 36,000/yr12 months · AED 82 per sqft
15 Apr 2019RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
25 Jan 2016RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft
16 Jul 2014SoldReady
AED 925,000AED 2,085 per sqft

Source: Dubai Land Department. Updated 11 October 2026.

Key facts

Type
Studio apartment
Size
444 sqft
Floor
15th of 30
Parking
B2-05
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,300 /yr
Last sold
AED 925K · July 2014

About 1503, Burj Al Nujoom

1503 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 16 July 2014 for AED 925,000, or AED 2,085 per sqft, 37% above the AED 1,520 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 11 October 2026, is AED 55,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical studio in Burj Al Nujoom
500K750K1M2012201620202024Typical 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 2012: AED 504,061 (AED 1,136 per sqft)Sold, March 2014: AED 840,000 (AED 1,893 per sqft)Sold, July 2014: AED 925,000 (AED 2,085 per sqft)

1503 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, 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, January 2016: AED 65,000 a yearNew contract, April 2019: AED 45,000 a yearNew contract, June 2021: AED 36,000 a yearNew contract, September 2023: AED 58,000 a yearNew contract, October 2024: AED 60,000 a yearRenewal, October 2025: AED 60,000 a yearRenewal, October 2026: AED 55,000 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 1503 sits

All 184 studios →

1503 last sold in July 2014 at AED 2,085 per sqft, 37% above what studios in Burj Al Nujoom were fetching at the time (AED 1,520). 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. 1503's AED 55,000 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
1502StudioAED 675K · Dec 2016
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

1503, Burj Al Nujoom in numbers

  • Sold 3 times: first on 24 January 2012 for AED 504,061, last on 16 July 2014 for AED 925,000 (AED 2,085 per sqft).
  • Rented since January 2016 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 36,000 in 2021 and recovered to AED 55,000 by October 2026.
  • At AED 55,000 a year the gross yield on the 2014 price is 5.9%, 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 11 October 2026.

Questions about 1503, Burj Al Nujoom

What did unit 1503 last sell for?

AED 925,000 on 16 July 2014: AED 2,085 per sqft for 444 sqft. The unit has 3 registered sales; the first was AED 504,061 in January 2012.

What is the rent for unit 1503?

AED 55,000 a year on the contract renewed on 11 October 2026. The previous contract, from October 2025, was AED 60,000; the unit has been rented since January 2016.

How big is unit 1503?

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

What is unit 1503 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 1503, Burj Al Nujoom

Starts from the last sale price (AED 925K, 16 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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