Studio · 444 sqftBurj Al Nujoom, Downtown Dubai · 16th floor · completed 2013

1603, Burj Al Nujoom

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 450K17 March 2021
Current rentAED 80K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Burj Al Nujoom

What is 1603 worth today?

Last sold for AED 450,000 in 2021

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1 Jul 2026RentedNew contract
AED 79,786/yr12 months · AED 181 per sqft
11 Mar 2025RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft
21 May 2024RentedNew contract
AED 77,000/yr12 months · AED 174 per sqft
17 Mar 2021SoldReady
AED 450,000AED 1,014 per sqft
31 Jul 2020RentedRenewal
AED 37,898/yr12 months · AED 85 per sqft
1 Aug 2019RentedNew contract
AED 40,108/yr12 months · AED 90 per sqft
20 Jun 2018RentedNew contract
AED 55,000/yr12 months · AED 124 per sqft
28 Apr 2017RentedNew contract
AED 60,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
444 sqft
Floor
16th of 30
Parking
B2-12
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,300 /yr
Last sold
AED 450K · March 2021

About 1603, Burj Al Nujoom

1603 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 17 March 2021 for AED 450,000, or AED 1,014 per sqft, in line with the AED 1,031 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 July 2026, is AED 79,786 a year: a gross yield of 17.7% on the 2021 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical studio in Burj Al Nujoom
400K600K800K2012201620202024Typical 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 507,690 (AED 1,144 per sqft)Sold, March 2021: AED 450,000 (AED 1,014 per sqft)

1603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, each contractTypical studio in Burj Al Nujoom
50K75K2013201720212025Typical 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, April 2017: AED 60,000 a yearNew contract, June 2018: AED 55,000 a yearNew contract, August 2019: AED 40,108 a yearRenewal, July 2020: AED 37,898 a yearNew contract, May 2024: AED 77,000 a yearNew contract, March 2025: AED 75,000 a yearNew contract, July 2026: AED 79,786 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 1603 sits

All 184 studios →

1603 last sold in March 2021 at AED 1,014 per sqft, in line with what studios in Burj Al Nujoom were fetching at the time (AED 1,031). 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. 1603's AED 79,786 is in the upper 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 16th floor

All 378 units in Burj Al Nujoom
Value
1601StudioAED 475K · Apr 2022
1602StudioAED 700K · Jun 2013
16041-bedAED 1.4M · Sep 2014
16051-bedAED 1.13M · Dec 2024
16062-bedAED 1.45M · Nov 2023
16071-bedAED 1.3M · Nov 2013
1608StudioAED 740K · Oct 2026
1–7 of 13

1603, Burj Al Nujoom in numbers

  • Sold twice: first on 15 February 2012 for AED 507,690, last on 17 March 2021 for AED 450,000 (AED 1,014 per sqft).
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 37,898 in 2020 and recovered to AED 79,786 by July 2026.
  • At AED 79,786 a year the gross yield on the 2021 price is 17.7%, 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 July 2026.

Questions about 1603, Burj Al Nujoom

What did unit 1603 last sell for?

AED 450,000 on 17 March 2021: AED 1,014 per sqft for 444 sqft. The unit has 2 registered sales; the first was AED 507,690 in February 2012.

What is the rent for unit 1603?

AED 79,786 a year on the contract signed on 1 July 2026. The previous contract, from March 2025, was AED 75,000; the unit has been rented since April 2017.

How big is unit 1603?

444 sqft (41.2 sqm): a studio on the 16th floor of a 30-storey tower completed in 2013.

What is unit 1603 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 1603, Burj Al Nujoom

Starts from the last sale price (AED 450K, 17 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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