1-bed · 860 sqftBurj Al Nujoom, Downtown Dubai · 3rd floor · completed 2013

304, Burj Al Nujoom

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 854K19 January 2012
Current rentAED 90K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Burj Al Nujoom

What is 304 worth today?

Last sold for AED 853,620 in 2012

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1 Nov 2024RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
10 Jan 2022RentedNew contract
AED 57,000/yr12 months · AED 66 per sqft
1 Oct 2020RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
1 Oct 2019RentedRenewal
AED 60,000/yr12 months · AED 70 per sqft
1 Oct 2018RentedNew contract
AED 64,000/yr12 months · AED 74 per sqft
19 Jan 2012Sold by developerReady
AED 853,620AED 992 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
3rd of 30
Parking
L2-16
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 16,100 /yr
Last sold
AED 854K · January 2012

About 304, Burj Al Nujoom

304 is a one-bedroom apartment of 860 sqft on the 3rd floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. The developer sold it on 19 January 2012 for AED 853,620, or AED 992 per sqft, in line with the AED 989 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 November 2024, is AED 90,000 a year: a gross yield of 10.5% on the 2012 price, before the service charge of about AED 16,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 by developer, January 2012: AED 853,620 (AED 992 per sqft)

304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Burj Al Nujoom
60K80K2014201820222026Typical 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, October 2018: AED 64,000 a yearRenewal, October 2019: AED 60,000 a yearRenewal, October 2020: AED 48,000 a yearNew contract, January 2022: AED 57,000 a yearNew contract, November 2024: AED 90,000 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 304 sits

All 79 1-beds →

304 last sold in January 2012 at AED 992 per sqft, in line with what one-beds in Burj Al Nujoom were fetching at the time (AED 989). 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. 304's AED 90,000 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 3rd floor

All 378 units in Burj Al Nujoom
Value
301StudioAED 462K · Jan 2014
302StudioAED 815K · Oct 2024
303StudioAED 690K · Aug 2017
3051-bedAED 1.13M · Feb 2024
3062-bedAED 1.64M · May 2024
3071-bedAED 1.05M · Jun 2026
308StudioAED 800K · Feb 2024
1–7 of 13

304, Burj Al Nujoom in numbers

  • Sold once: by Althuraya Real Estate Development on 19 January 2012 for AED 853,620, or AED 992 per sqft.
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 64,000 to AED 48,000 in 2020 and recovered to AED 90,000 by November 2024.
  • At AED 90,000 a year the gross yield on the 2012 price is 10.5%, before a service charge of about AED 16,100 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 1 November 2024.

Questions about 304, Burj Al Nujoom

What did unit 304 last sell for?

AED 853,620 on 19 January 2012, sold by the developer: AED 992 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 90,000 a year on the contract signed on 1 November 2024. The previous contract, from January 2022, was AED 57,000; the unit has been rented since October 2018.

How big is unit 304?

860 sqft (79.9 sqm): a one-bedroom apartment on the 3rd floor of a 30-storey tower completed in 2013.

What is unit 304 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 304, Burj Al Nujoom

Starts from the last sale price (AED 854K, 19 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 853,620
Deposit, UAE resident (20%)
AED 170,724
Deposit, non-resident (40%)
AED 341,448
Monthly over 25 years at 3.7%
AED 3,492

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