Studio · 444 sqftBurj Al Nujoom, Downtown Dubai · 24th floor · completed 2013

2403, Burj Al Nujoom

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

Unit 2403 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 865K21 May 2024
Current rentAED 63K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Burj Al Nujoom

What is 2403 worth today?

Last sold for AED 864,999 in 2024

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10 Jun 2024RentedNew contract
AED 63,000/yr12 months · AED 143 per sqft
21 May 2024SoldReady
AED 864,999AED 1,950 per sqft
1 Mar 2023RentedRenewal
AED 50,400/yr12 months · AED 114 per sqft
1 Mar 2022RentedRenewal
AED 42,000/yr12 months · AED 95 per sqft
1 Mar 2021RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft
16 Dec 2017RentedRenewal
AED 67,636/yr12 months · AED 153 per sqft
16 Dec 2017RentedNew contract
AED 66,144/yr12 months · AED 150 per sqft
20 Dec 2016RentedRenewal
AED 68,764/yr12 months · AED 156 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
Studio apartment
Size
444 sqft
Floor
24th of 30
Parking
B2-68
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,300 /yr
Last sold
AED 865K · May 2024

About 2403, Burj Al Nujoom

2403 is a studio of 444 sqft on the 24th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 21 May 2024 for AED 864,999, or AED 1,950 per sqft, 15% above the AED 1,696 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 10 June 2024, is AED 63,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 8,300 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical studio in Burj Al Nujoom
600K800K2012201620202024Typical 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 536,727 (AED 1,209 per sqft)Sold, May 2024: AED 864,999 (AED 1,950 per sqft)

2403 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2403, 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, December 2015: AED 68,000 a yearRenewal, December 2016: AED 68,764 a yearRenewal, December 2017: AED 67,636 a yearNew contract, December 2017: AED 66,144 a yearNew contract, March 2021: AED 35,000 a yearRenewal, March 2022: AED 42,000 a yearRenewal, March 2023: AED 50,400 a yearNew contract, June 2024: AED 63,000 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 2403 sits

All 184 studios →

2403 last sold in May 2024 at AED 1,950 per sqft, 15% above what studios in Burj Al Nujoom were fetching at the time (AED 1,696). 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. 2403's AED 63,000 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 24th floor

All 378 units in Burj Al Nujoom
Value
2401StudioAED 1M · May 2014
2402StudioAED 830K · Nov 2016
24041-bedAED 1.4M · Dec 2024
24051-bedAED 927K · Jan 2012
24062-bedAED 1.23M · Oct 2019
24071-bedAED 1.25M · Jan 2025
2408StudioAED 485K · Jan 2020
1–7 of 13

2403, Burj Al Nujoom in numbers

  • Sold twice: first on 29 January 2012 for AED 536,727, last on 21 May 2024 for AED 864,999 (AED 1,950 per sqft).
  • Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 68,000 to AED 35,000 in 2021 and recovered to AED 63,000 by June 2024.
  • At AED 63,000 a year the gross yield on the 2024 price is 7.3%, 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 10 June 2024.

Questions about 2403, Burj Al Nujoom

What did unit 2403 last sell for?

AED 864,999 on 21 May 2024: AED 1,950 per sqft for 444 sqft. The unit has 2 registered sales; the first was AED 536,727 in January 2012.

What is the rent for unit 2403?

AED 63,000 a year on the contract signed on 10 June 2024. The previous contract, from March 2023, was AED 50,400; the unit has been rented since December 2015.

How big is unit 2403?

444 sqft (41.2 sqm): a studio on the 24th floor of a 30-storey tower completed in 2013.

What is unit 2403 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 2403, Burj Al Nujoom

Starts from the last sale price (AED 865K, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 864,999
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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