2-bed · 1,508 sqftBurj Al Nujoom, Downtown Dubai · 3rd floor · completed 2013

306, Burj Al Nujoom

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1.64M16 May 2024
Current rentAED 150K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Burj Al Nujoom

What is 306 worth today?

Last sold for AED 1,642,500 in 2024

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5 Aug 2024RentedNew contract
AED 150,000/yr12 months · AED 99 per sqft
16 May 2024SoldReady
AED 1,642,500AED 1,089 per sqft
1 Jun 2023RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
1 Jun 2022RentedRenewal
AED 83,000/yr12 months · AED 55 per sqft
1 Jun 2021RentedNew contract
AED 72,000/yr12 months · AED 48 per sqft
5 May 2020RentedRenewal
AED 76,000/yr12 months · AED 50 per sqft
5 May 2019RentedNew contract
AED 87,000/yr12 months · AED 58 per sqft
15 Jan 2019RentedNew contract
AED 110,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
2-bed apartment
Size
1,508 sqft
Floor
3rd of 30
Parking
L1-09
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 28,200 /yr
Last sold
AED 1.64M · May 2024

About 306, Burj Al Nujoom

306 is a two-bedroom apartment of 1,508 sqft on the 3rd floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 16 May 2024 for AED 1,642,500, or AED 1,089 per sqft, 4% above the AED 1,052 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 5 August 2024, is AED 150,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 28,200 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, September 2013: AED 1,428,015 (AED 947 per sqft)Sold, October 2013: AED 2,000,000 (AED 1,326 per sqft)Sold, January 2018: AED 1,500,000 (AED 994 per sqft)Sold, May 2024: AED 1,642,500 (AED 1,089 per sqft)

306 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, 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, January 2019: AED 110,000 a yearNew contract, May 2019: AED 87,000 a yearRenewal, May 2020: AED 76,000 a yearNew contract, June 2021: AED 72,000 a yearRenewal, June 2022: AED 83,000 a yearRenewal, June 2023: AED 90,000 a yearNew contract, August 2024: AED 150,000 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 306 sits

All 109 2-beds →

306 last sold in May 2024 at AED 1,089 per sqft, 4% above what two-beds in Burj Al Nujoom were fetching at the time (AED 1,052). 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. 306's AED 150,000 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 3rd floor

All 378 units in Burj Al Nujoom
Value
301StudioAED 462K · Jan 2014
302StudioAED 815K · Oct 2024
303StudioAED 690K · Aug 2017
3041-bedAED 854K · Jan 2012
3051-bedAED 1.13M · Feb 2024
3071-bedAED 1.05M · Jun 2026
308StudioAED 800K · Feb 2024
1–7 of 13

306, Burj Al Nujoom in numbers

  • Sold 4 times: first on 15 September 2013 for AED 1,428,015, last on 16 May 2024 for AED 1,642,500 (AED 1,089 per sqft).
  • Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 72,000 in 2021 and recovered to AED 150,000 by August 2024.
  • At AED 150,000 a year the gross yield on the 2024 price is 9.1%, 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 5 August 2024.

Questions about 306, Burj Al Nujoom

What did unit 306 last sell for?

AED 1,642,500 on 16 May 2024: AED 1,089 per sqft for 1,508 sqft. The unit has 4 registered sales; the first was AED 1,428,015 in September 2013.

What is the rent for unit 306?

AED 150,000 a year on the contract signed on 5 August 2024. The previous contract, from June 2023, was AED 90,000; the unit has been rented since January 2019.

How big is unit 306?

1,508 sqft (140.1 sqm): a two-bedroom apartment on the 3rd floor of a 30-storey tower completed in 2013.

What is unit 306 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 306, Burj Al Nujoom

Starts from the last sale price (AED 1.64M, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,642,500
Deposit, UAE resident (20%)
AED 328,500
Deposit, non-resident (40%)
AED 657,000
Monthly over 25 years at 3.7%
AED 6,720

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