1-bed · 860 sqftBurj Al Nujoom, Downtown Dubai · 15th floor · completed 2013

1504, Burj Al Nujoom

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 5 August 2019
Last soldAED 939K23 April 2014
Current rentAED 70K /yr5 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Burj Al Nujoom

What is 1504 worth today?

Last sold for AED 938,539 in 2014

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5 Aug 2019RentedRenewal
AED 70,000/yr12 months · AED 81 per sqft
5 Aug 2018RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
1 Aug 2017RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
21 May 2015RentedRenewal
AED 93,000/yr12 months · AED 108 per sqft
21 May 2014RentedNew contract
AED 93,000/yr12 months · AED 108 per sqft
23 Apr 2014Sold by developerReady
AED 938,539AED 1,091 per sqft

Source: Dubai Land Department. Updated 5 August 2019.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
15th of 30
Parking
L2-28
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 16,100 /yr
Last sold
AED 939K · April 2014

About 1504, Burj Al Nujoom

1504 is a one-bedroom apartment of 860 sqft on the 15th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. The developer sold it on 23 April 2014 for AED 938,539, or AED 1,091 per sqft, in line with the AED 1,124 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 5 August 2019, is AED 70,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 16,100 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical one-bed in Burj Al Nujoom
750K1M1.25M2012201620202024Typical sale price by year: 2012 AED 874,850; 2013 AED 960,173; 2014 AED 880,068; 2015 AED 1,035,000; 2016 AED 1,125,000; 2019 AED 740,000; 2021 AED 685,000; 2022 AED 805,000; 2023 AED 920,000; 2024 AED 1,118,000; 2025 AED 1,170,000; 2026 AED 1,150,000Sold by developer, April 2014: AED 938,539 (AED 1,091 per sqft)

1504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, each contractTypical one-bed in Burj Al Nujoom
60K80K100K2014201820222026Typical rent by year: 2014 AED 90,000; 2015 AED 90,000; 2016 AED 86,000; 2017 AED 82,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 49,933; 2022 AED 60,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 88,000; 2026 AED 88,000New contract, May 2014: AED 93,000 a yearRenewal, May 2015: AED 93,000 a yearNew contract, August 2017: AED 75,000 a yearNew contract, August 2018: AED 70,000 a yearRenewal, August 2019: AED 70,000 a year

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

1-beds in Burj Al Nujoom, and where 1504 sits

All 79 1-beds →

1504 last sold in April 2014 at AED 1,091 per sqft, in line with what one-beds in Burj Al Nujoom were fetching at the time (AED 1,124). Over the last 12 months one-beds sold for AED 1,050,000 to 1,350,000, around AED 1,403 per sqft, and rent for AED 67,000 to 144,000 a year. 1504's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Sep 20261,100,000
12 Aug 20261,150,000
12 Jun 20261,100,000
1 Jun 20261,050,000
8 1-bed 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
1503StudioAED 925K · Jul 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

1504, Burj Al Nujoom in numbers

  • Sold once: by Althuraya Real Estate Development on 23 April 2014 for AED 938,539, or AED 1,091 per sqft.
  • Rented since May 2014 on 5 Ejari contracts, from AED 93,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 16,100 a year (AED 18.68 per sqft).
  • One-beds in Burj Al Nujoom sold for AED 1,050,000–1,350,000 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 5 August 2019.

Questions about 1504, Burj Al Nujoom

What did unit 1504 last sell for?

AED 938,539 on 23 April 2014, sold by the developer: AED 1,091 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 70,000 a year on the contract renewed on 5 August 2019. The previous contract, from August 2018, was AED 70,000; the unit has been rented since May 2014.

How big is unit 1504?

860 sqft (79.9 sqm): a one-bedroom apartment on the 15th floor of a 30-storey tower completed in 2013.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Al Nujoom sold for AED 1,050,000 to 1,350,000 in the last 12 months, around AED 1,403 per sqft.

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Mortgage on 1504, Burj Al Nujoom

Starts from the last sale price (AED 939K, 23 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 938,539
Deposit, UAE resident (20%)
AED 187,708
Deposit, non-resident (40%)
AED 375,416
Monthly over 25 years at 3.7%
AED 3,840

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