Studio · 440 sqftBurj Al Nujoom, Downtown Dubai · 4th floor · completed 2013

401, Burj Al Nujoom

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 466K20 January 2014
Current rentAED 65K /yr13 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Burj Al Nujoom

What is 401 worth today?

Last sold for AED 465,782 in 2014

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13 Jun 2024RentedRenewal
AED 65,000/yr12 months · AED 147 per sqft
13 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
1 Mar 2018RentedNew contract
AED 72,000/yr12 months · AED 163 per sqft
1 Mar 2017RentedRenewal
AED 70,000/yr12 months · AED 159 per sqft
1 Mar 2016RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
20 Jan 2014Sold by developerReady
AED 465,782AED 1,058 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
4th of 30
Parking
B3-23
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,200 /yr
Last sold
AED 466K · January 2014

About 401, Burj Al Nujoom

401 is a studio of 440 sqft on the 4th 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 20 January 2014 for AED 465,782, or AED 1,058 per sqft, 14% below the AED 1,231 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 13 June 2024, is AED 65,000 a year: a gross yield of 14.0% on the 2014 price, before the service charge of about AED 8,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, January 2014: AED 465,782 (AED 1,058 per sqft)

401 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 401, 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, March 2016: AED 70,000 a yearRenewal, March 2017: AED 70,000 a yearNew contract, March 2018: AED 72,000 a yearNew contract, June 2023: AED 60,000 a yearRenewal, June 2024: AED 65,000 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 401 sits

All 184 studios →

401 last sold in January 2014 at AED 1,058 per sqft, 14% below what studios in Burj Al Nujoom were fetching at the time (AED 1,231). 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. 401's AED 65,000 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 4th floor

All 378 units in Burj Al Nujoom
Value
402StudioAED 469K · Jan 2012
403StudioAED 490K · Jul 2021
4041-bedAED 1.15M · Aug 2024
4051-bedAED 819K · Jan 2012
4062-bedAED 1.56M · Jan 2012
4071-bedAED 900K · May 2023
408StudioAED 473K · Jan 2012
1–7 of 13

401, Burj Al Nujoom in numbers

  • Sold once: by Althuraya Real Estate Development on 20 January 2014 for AED 465,782, or AED 1,058 per sqft.
  • Rented since March 2016 on 5 Ejari contracts, from AED 70,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2014 price is 14.0%, before a service charge of about AED 8,200 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 13 June 2024.

Questions about 401, Burj Al Nujoom

What did unit 401 last sell for?

AED 465,782 on 20 January 2014, sold by the developer: AED 1,058 per sqft for 440 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 65,000 a year on the contract renewed on 13 June 2024. The previous contract, from June 2023, was AED 60,000; the unit has been rented since March 2016.

How big is unit 401?

440 sqft (40.9 sqm): a studio on the 4th floor of a 30-storey tower completed in 2013.

What is unit 401 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 401, Burj Al Nujoom

Starts from the last sale price (AED 466K, 20 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 465,782
Deposit, UAE resident (20%)
AED 93,156
Deposit, non-resident (40%)
AED 186,313
Monthly over 25 years at 3.7%
AED 1,906

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