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2-bed · 1,508 sqftBurj Al Nujoom, Downtown Dubai · 24th floor · completed 2013

2406, Burj Al Nujoom

Sold prices and rental history: sold twice, last in October 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 23 October 2019
Last soldAED 1.23M23 October 2019
Current rentAED 125K /yr7 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2406, Burj Al Nujoom

What is 2406 worth today?

Last sold for AED 1,230,000 in 2019

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23 Oct 2019SoldReady
AED 1,230,000AED 815 per sqft
7 Mar 2017RentedNew contract
AED 125,000/yr12 months · AED 83 per sqft
15 Mar 2015RentedNew contract
AED 150,000/yr12 months · AED 100 per sqft
29 Jan 2012Sold by developerReady
AED 1,690,208AED 1,121 per sqft

Source: Dubai Land Department. Updated 23 October 2019.

Key facts

Type
2-bed apartment
Size
1,508 sqft
Floor
24th of 30
Parking
L1-30
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 28,200 /yr
Last sold
AED 1.23M · October 2019
Building
Burj Al Nujoom

About 2406, Burj Al Nujoom

2406 is a two-bedroom apartment of 1,508 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 23 October 2019 for AED 1,230,000, or AED 815 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 7 March 2017, is AED 125,000 a year: a gross yield of 10.2% on the 2019 price, before the service charge of about AED 28,200 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, each saleTypical two-bed in Burj Al Nujoom
1M2M2012201620202024Typical sale price by year: 2012 AED 1,495,096; 2013 AED 1,648,269; 2014 AED 1,631,574; 2015 AED 2,000,000; 2016 AED 1,725,000; 2017 AED 1,530,000; 2018 AED 1,350,000; 2020 AED 970,000; 2021 AED 937,500; 2022 AED 1,260,000; 2023 AED 1,450,000; 2024 AED 1,730,000; 2025 AED 1,850,000; 2026 AED 2,056,355Sold by developer, January 2012: AED 1,690,208 (AED 1,121 per sqft)Sold, October 2019: AED 1,230,000 (AED 815 per sqft)

2406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, each contractTypical two-bed in Burj Al Nujoom
100K150K2014201820222026Typical rent by year: 2014 AED 126,000; 2015 AED 125,000; 2016 AED 121,375; 2017 AED 115,000; 2018 AED 90,000; 2019 AED 83,500; 2020 AED 70,000; 2021 AED 71,000; 2022 AED 86,000; 2023 AED 100,000; 2024 AED 125,000; 2025 AED 139,813; 2026 AED 142,000New contract, March 2015: AED 150,000 a yearNew contract, March 2017: AED 125,000 a year

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

2-beds in Burj Al Nujoom, and where 2406 sits

All 109 2-beds →

Over the last 12 months two-beds sold for AED 1,850,000 to 2,250,000, around AED 1,422 per sqft, and rent for AED 105,000 to 250,000 a year. 2406's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Mar 20262,250,000
17 Feb 20262,237,710
12 Jan 20261,850,000
12 Jan 20261,875,000
4 2-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 24th floor

All 378 units in Burj Al Nujoom
Value
2401StudioAED 1M · May 2014
2402StudioAED 830K · Nov 2016
2403StudioAED 865K · May 2024
24041-bedAED 1.4M · Dec 2024
24051-bedAED 927K · Jan 2012
24071-bedAED 1.25M · Jan 2025
2408StudioAED 485K · Jan 2020
1–7 of 13

2406, Burj Al Nujoom in numbers

  • Sold twice: first on 29 January 2012 for AED 1,690,208, last on 23 October 2019 for AED 1,230,000 (AED 815 per sqft).
  • Rented since March 2015 on 2 Ejari contracts, from AED 150,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 10.2%, before a service charge of about AED 28,200 a year (AED 18.68 per sqft).
  • Two-beds in Burj Al Nujoom sold for AED 1,850,000–2,250,000 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 23 October 2019.

Questions about 2406, Burj Al Nujoom

What did unit 2406 last sell for?

AED 1,230,000 on 23 October 2019: AED 815 per sqft for 1,508 sqft. The unit has 2 registered sales; the first was AED 1,690,208 in January 2012.

What is the rent for unit 2406?

AED 125,000 a year on the contract signed on 7 March 2017. The previous contract, from March 2015, was AED 150,000.

How big is unit 2406?

1,508 sqft (140.1 sqm): a two-bedroom apartment on the 24th floor of a 30-storey tower completed in 2013.

What is unit 2406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Al Nujoom sold for AED 1,850,000 to 2,250,000 in the last 12 months, around AED 1,422 per sqft.

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Mortgage on 2406, Burj Al Nujoom

Starts from the last sale price (AED 1.23M, 23 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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