1602, Burj Al Nujoom
Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Burj Al Nujoom
What is 1602 worth today?
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Source: Dubai Land Department. Updated 21 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 444 sqft
- Floor
- 16th of 30
- Parking
- B2-14
- Developer
- Althuraya Real Estate Development
- Completed
- 2013
- Service charge
- AED 8,300 /yr
- Last sold
- AED 700K · June 2013
- Building
- Burj Al Nujoom
About 1602, Burj Al Nujoom
1602 is a studio of 444 sqft on the 16th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 3 June 2013 for AED 700,000, or AED 1,578 per sqft, 35% above the AED 1,170 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 21 October 2025, is AED 70,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 8,300 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the studio median of each year in the building.
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 1602 sits
All 184 studios →1602 last sold in June 2013 at AED 1,578 per sqft, 35% above what studios in Burj Al Nujoom were fetching at the time (AED 1,170). 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. 1602's AED 70,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 453 sqft | 740,000 | 1,634 | ||
| 15 Sep 202615 September 2026 | 444 sqft | 740,000 | 1,668 | ||
| 15 Sep 202615 September 2026 | 456 sqft | 707,777 | 1,552 | ||
| 17 Aug 202617 August 2026 | 452 sqft | 900,000 | 1,989 |
Burj Al Nujoom
Building378 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%
Other units on the 16th floor
All 378 units in Burj Al Nujoom| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 440 sqft | AED 475KAED 475,000 · Apr 2022April 2022 | 60,000 /yr | |
| 1603 | Studio | 444 sqft | AED 450KAED 450,000 · Mar 2021March 2021 | 79,786 /yr | |
| 1604 | 1-bed | 860 sqft | AED 1.4MAED 1,400,000 · Sep 2014September 2014 | 90,000 /yr | |
| 1605 | 1-bed | 819 sqft | AED 1.13MAED 1,125,000 · Dec 2024December 2024 | 100,000 /yr | |
| 1606 | 2-bed | 1,508 sqft | AED 1.45MAED 1,450,000 · Nov 2023November 2023 | 195,000 /yr | |
| 1607 | 1-bed | 811 sqft | AED 1.3MAED 1,300,000 · Nov 2013November 2013 | 100,000 /yr | |
| 1608 | Studio | 453 sqft | AED 740KAED 740,000 · Oct 2026October 2026 | 68,000 /yr | |
| 1609 | Studio | 452 sqft | AED 975KAED 975,000 · May 2014May 2014 | 73,000 /yr | |
| 1610 | Studio | 452 sqft | AED 520KAED 519,731 · Jan 2014January 2014 | 60,000 /yr | |
| 1611 | Studio | 228 sqft | AED 521KAED 521,174 · Feb 2012February 2012 | 60,000 /yr | |
| 1612 | 2-bed | 1,378 sqft | AED 925KAED 925,000 · Mar 2021March 2021 | 90,000 /yr | |
| 1613 | 2-bed | 1,390 sqft | AED 1.45MAED 1,450,000 · Jul 2023July 2023 | 115,000 /yr | |
| 1614 | 2-bed | 1,373 sqft | AED 1.85MAED 1,850,000 · Mar 2025March 2025 | 180,000 /yr |
1602, Burj Al Nujoom in numbers
- Sold twice: first on 24 January 2012 for AED 509,492, last on 3 June 2013 for AED 700,000 (AED 1,578 per sqft).
- Rented since February 2017 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 37,500 in 2020 and recovered to AED 70,000 by October 2025.
- At AED 70,000 a year the gross yield on the 2013 price is 10.0%, 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 21 October 2025.
Questions about 1602, Burj Al Nujoom
What did unit 1602 last sell for?
AED 700,000 on 3 June 2013: AED 1,578 per sqft for 444 sqft. The unit has 2 registered sales; the first was AED 509,492 in January 2012.
What is the rent for unit 1602?
AED 70,000 a year on the contract signed on 21 October 2025. The previous contract, from October 2024, was AED 72,000; the unit has been rented since February 2017.
How big is unit 1602?
444 sqft (41.2 sqm): a studio on the 16th floor of a 30-storey tower completed in 2013.
What is unit 1602 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 1602, Burj Al Nujoom
Starts from the last sale price (AED 700K, 3 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →