2-bed · 1,508 sqftBurj Al Nujoom, Downtown Dubai · 4th floor · completed 2013

406, Burj Al Nujoom

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 1.56M19 January 2012
Current rentAED 138K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Burj Al Nujoom

What is 406 worth today?

Last sold for AED 1,555,738 in 2012

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25 Dec 2024RentedRenewal
AED 138,000/yr12 months · AED 92 per sqft
25 Dec 2024RentedRenewal
AED 138,000/yr12 months · AED 92 per sqft
25 Dec 2023RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
24 Sep 2021RentedNew contract
AED 67,500/yr12 months · AED 45 per sqft
5 Jun 2019RentedRenewal
AED 105,000/yr12 months · AED 70 per sqft
5 Jun 2018RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
5 Mar 2017RentedRenewal
AED 110,400/yr15 months · AED 73 per sqft
5 Mar 2016RentedNew contract
AED 138,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
2-bed apartment
Size
1,508 sqft
Floor
4th of 30
Parking
L1-10
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 28,200 /yr
Last sold
AED 1.56M · January 2012

About 406, Burj Al Nujoom

406 is a two-bedroom apartment of 1,508 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 19 January 2012 for AED 1,555,738, or AED 1,031 per sqft, 8% above the AED 955 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 25 December 2024, is AED 138,000 a year: a gross yield of 8.9% on the 2012 price, before the service charge of about AED 28,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 1,555,738 (AED 1,031 per sqft)

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

Rents
Unit 406, 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 2016: AED 138,000 a yearRenewal, March 2017: AED 110,400 a yearRenewal, June 2018: AED 115,000 a yearRenewal, June 2019: AED 105,000 a yearNew contract, September 2021: AED 67,500 a yearNew contract, December 2023: AED 120,000 a yearRenewal, December 2024: AED 138,000 a yearRenewal, December 2024: AED 138,000 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 406 sits

All 109 2-beds →

406 last sold in January 2012 at AED 1,031 per sqft, 8% above what two-beds in Burj Al Nujoom were fetching at the time (AED 955). 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. 406's AED 138,000 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 4th floor

All 378 units in Burj Al Nujoom
Value
401StudioAED 466K · Jan 2014
402StudioAED 469K · Jan 2012
403StudioAED 490K · Jul 2021
4041-bedAED 1.15M · Aug 2024
4051-bedAED 819K · Jan 2012
4071-bedAED 900K · May 2023
408StudioAED 473K · Jan 2012
1–7 of 13

406, Burj Al Nujoom in numbers

  • Sold once: by Althuraya Real Estate Development on 19 January 2012 for AED 1,555,738, or AED 1,031 per sqft.
  • Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 138,000 to AED 67,500 in 2021 and recovered to AED 138,000 by December 2024.
  • At AED 138,000 a year the gross yield on the 2012 price is 8.9%, 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 25 December 2024.

Questions about 406, Burj Al Nujoom

What did unit 406 last sell for?

AED 1,555,738 on 19 January 2012, sold by the developer: AED 1,031 per sqft for 1,508 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 138,000 a year on the contract renewed on 25 December 2024. The previous contract, from December 2024, was AED 138,000; the unit has been rented since March 2016.

How big is unit 406?

1,508 sqft (140.1 sqm): a two-bedroom apartment on the 4th floor of a 30-storey tower completed in 2013.

What is unit 406 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 406, Burj Al Nujoom

Starts from the last sale price (AED 1.56M, 19 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,555,738
Deposit, UAE resident (20%)
AED 311,148
Deposit, non-resident (40%)
AED 622,295
Monthly over 25 years at 3.7%
AED 6,365

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