501, Burj Al Nujoom
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Burj Al Nujoom
What is 501 worth today?
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Source: Dubai Land Department. Updated 20 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Floor
- 5th of 30
- Parking
- B3-30
- Developer
- Althuraya Real Estate Development
- Completed
- 2013
- Service charge
- AED 8,200 /yr
- Last sold
- AED 750K · October 2023
- Building
- Burj Al Nujoom
About 501, Burj Al Nujoom
501 is a studio of 440 sqft on the 5th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 20 October 2023 for AED 750,000, or AED 1,704 per sqft, 31% above the AED 1,302 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 20 November 2022, is AED 50,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 8,200 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the studio median of each year in the building.
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 501 sits
All 184 studios →501 last sold in October 2023 at AED 1,704 per sqft, 31% above what studios in Burj Al Nujoom were fetching at the time (AED 1,302). 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. 501's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 453 sqft | 740,000 | 1,634 | ||
| 15 Sep 202615 September 2026 | 444 sqft | 740,000 | 1,668 | ||
| 15 Sep 202615 September 2026 | 456 sqft | 707,777 | 1,552 | ||
| 17 Aug 202617 August 2026 | 452 sqft | 900,000 | 1,989 |
Burj Al Nujoom
Building378 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%
Other units on the 5th floor
All 378 units in Burj Al Nujoom| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 444 sqft | AED 550KAED 550,000 · Jun 2018June 2018 | 34,000 /yr | |
| 503 | Studio | 444 sqft | AED 515KAED 515,000 · Mar 2022March 2022 | 48,000 /yr | |
| 504 | 1-bed | 860 sqft | AED 1.35MAED 1,350,000 · Dec 2025December 2025 | 80,000 /yr | |
| 505 | 1-bed | 819 sqft | AED 1.07MAED 1,070,000 · Jan 2025January 2025 | 40,000 /yr | |
| 506 | 2-bed | 1,508 sqft | AED 1.45MAED 1,452,984 · Jan 2012January 2012 | ||
| 507 | 1-bed | 811 sqft | AED 1.35MAED 1,350,000 · Apr 2015April 2015 | 60,000 /yr | |
| 508 | Studio | 453 sqft | AED 1.03MAED 1,025,000 · Apr 2015April 2015 | ||
| 509 | Studio | 452 sqft | AED 690KAED 690,000 · Jun 2013June 2013 | 50,000 /yr | |
| 510 | Studio | 452 sqft | AED 700KAED 700,000 · Jun 2013June 2013 | 64,000 /yr | |
| 511 | Studio | 456 sqft | AED 480KAED 480,188 · Jan 2012January 2012 | 54,000 /yr | |
| 512 | 2-bed | 1,378 sqft | AED 1.1MAED 1,100,000 · Feb 2020February 2020 | 105,000 /yr | |
| 513 | 2-bed | 1,390 sqft | AED 1.8MAED 1,800,000 · Nov 2024November 2024 | 200,000 /yr | |
| 514 | 2-bed | 1,373 sqft | AED 2.32MAED 2,317,225 · Aug 2014August 2014 | 75,000 /yr |
501, Burj Al Nujoom in numbers
- Sold twice: first on 19 January 2012 for AED 469,425, last on 20 October 2023 for AED 750,000 (AED 1,704 per sqft).
- Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 56,000 to AED 33,000 in 2021 and recovered to AED 50,000 by November 2022.
- At AED 50,000 a year the gross yield on the 2023 price is 6.7%, 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 20 October 2023.
Questions about 501, Burj Al Nujoom
What did unit 501 last sell for?
AED 750,000 on 20 October 2023: AED 1,704 per sqft for 440 sqft. The unit has 2 registered sales; the first was AED 469,425 in January 2012.
What is the rent for unit 501?
AED 50,000 a year on the contract signed on 20 November 2022. The previous contract, from October 2021, was AED 33,000; the unit has been rented since May 2017.
How big is unit 501?
440 sqft (40.9 sqm): a studio on the 5th floor of a 30-storey tower completed in 2013.
What is unit 501 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 501, Burj Al Nujoom
Starts from the last sale price (AED 750K, 20 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →