1-bed · 811 sqftBurj Al Nujoom, Downtown Dubai · 15th floor · completed 2013

1507, Burj Al Nujoom

Sold prices and rental history: sold 5 times, last in November 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 1.11M25 November 2024
Current rentAED 80K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Burj Al Nujoom

What is 1507 worth today?

Last sold for AED 1,111,000 in 2024

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25 Nov 2024SoldReady
AED 1,111,000AED 1,370 per sqft
25 May 2024RentedRenewal
AED 80,000/yr12 months · AED 99 per sqft
25 May 2023RentedNew contract
AED 74,000/yr12 months · AED 92 per sqft
5 May 2022RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
5 May 2021RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
20 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
1 Feb 2018RentedNew contract
AED 78,000/yr12 months · AED 97 per sqft
15 Feb 2016SoldReady
AED 1,220,000AED 1,504 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
15th of 30
Parking
L3-22
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 15,100 /yr
Last sold
AED 1.11M · November 2024

About 1507, Burj Al Nujoom

1507 is a one-bedroom apartment of 811 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 25 November 2024 for AED 1,111,000, or AED 1,370 per sqft, in line with the AED 1,340 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 25 May 2024, is AED 80,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 15,100 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, August 2013: AED 1,050,000 (AED 1,295 per sqft)Sold by developer, August 2013: AED 887,038 (AED 1,094 per sqft)Sold, October 2015: AED 1,050,000 (AED 1,295 per sqft)Sold, February 2016: AED 1,220,000 (AED 1,504 per sqft)Sold, November 2024: AED 1,111,000 (AED 1,370 per sqft)

1507 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in Burj Al Nujoom
50K100K2014201820222026Typical 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, March 2015: AED 102,410 a yearNew contract, February 2018: AED 78,000 a yearNew contract, February 2019: AED 65,000 a yearNew contract, May 2021: AED 45,000 a yearNew contract, May 2022: AED 50,000 a yearNew contract, May 2023: AED 74,000 a yearRenewal, May 2024: AED 80,000 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 1507 sits

All 79 1-beds →

1507 last sold in November 2024 at AED 1,370 per sqft, in line with what one-beds in Burj Al Nujoom were fetching at the time (AED 1,340). 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. 1507's AED 80,000 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
15041-bedAED 939K · Apr 2014
15051-bedAED 1.05M · Mar 2024
15062-bedAED 2.4M · Oct 2013
1508StudioAED 550K · Apr 2022
1–7 of 13

1507, Burj Al Nujoom in numbers

  • Sold 5 times: first on 13 August 2013 for AED 887,038, last on 25 November 2024 for AED 1,111,000 (AED 1,370 per sqft).
  • Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 102,410 to AED 45,000 in 2021 and recovered to AED 80,000 by May 2024.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 15,100 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 25 November 2024.

Questions about 1507, Burj Al Nujoom

What did unit 1507 last sell for?

AED 1,111,000 on 25 November 2024: AED 1,370 per sqft for 811 sqft. The unit has 5 registered sales; the first was AED 887,038 in August 2013.

What is the rent for unit 1507?

AED 80,000 a year on the contract renewed on 25 May 2024. The previous contract, from May 2023, was AED 74,000; the unit has been rented since March 2015.

How big is unit 1507?

811 sqft (75.3 sqm): a one-bedroom apartment on the 15th floor of a 30-storey tower completed in 2013.

What is unit 1507 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 1507, Burj Al Nujoom

Starts from the last sale price (AED 1.11M, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,111,000
Deposit, UAE resident (20%)
AED 222,200
Deposit, non-resident (40%)
AED 444,400
Monthly over 25 years at 3.7%
AED 4,545

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