2-bed · 1,373 sqftBurj Al Nujoom, Downtown Dubai · 5th floor · completed 2013

514, Burj Al Nujoom

Sold prices and rental history: sold 3 times, last in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 8 January 2019
Last soldAED 2.32M3 August 2014
Current rentAED 75K /yr8 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Burj Al Nujoom

What is 514 worth today?

Last sold for AED 2,317,225 in 2014

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8 Jan 2019RentedRenewal
AED 75,000/yr36 months · AED 54 per sqft
23 Nov 2017RentedRenewal
AED 90,000/yr13 months · AED 65 per sqft
23 Nov 2016RentedRenewal
AED 100,000/yr12 months · AED 73 per sqft
23 Nov 2015RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
29 Dec 2014RentedNew contract
AED 190,000/yr12 months · AED 138 per sqft
3 Aug 2014SoldReady
AED 2,317,225AED 1,687 per sqft
20 Mar 2014SoldReady
AED 1,900,000AED 1,383 per sqft
18 Feb 2014Sold by developerReady
AED 1,311,975AED 955 per sqft

Source: Dubai Land Department. Updated 8 January 2019.

Key facts

Type
2-bed apartment
Size
1,373 sqft
Floor
5th of 30
Parking
L2-46
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 25,600 /yr
Last sold
AED 2.32M · August 2014

About 514, Burj Al Nujoom

514 is a two-bedroom apartment of 1,373 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 3 August 2014 for AED 2,317,225, or AED 1,687 per sqft, 49% above the AED 1,133 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 8 January 2019, is AED 75,000 a year: a gross yield of 3.2% on the 2014 price, before the service charge of about AED 25,600 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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, February 2014: AED 1,311,975 (AED 955 per sqft)Sold, March 2014: AED 1,900,000 (AED 1,383 per sqft)Sold, August 2014: AED 2,317,225 (AED 1,687 per sqft)

514 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 514, each contractTypical two-bed in Burj Al Nujoom
100K200K2014201820222026Typical 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, December 2014: AED 190,000 a yearNew contract, November 2015: AED 100,000 a yearRenewal, November 2016: AED 100,000 a yearRenewal, November 2017: AED 90,000 a yearRenewal, January 2019: AED 75,000 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 514 sits

All 109 2-beds →

514 last sold in August 2014 at AED 1,687 per sqft, 49% above what two-beds in Burj Al Nujoom were fetching at the time (AED 1,133). 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. 514's AED 75,000 is at the bottom 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 5th floor

All 378 units in Burj Al Nujoom
Value
501StudioAED 750K · Oct 2023
502StudioAED 550K · Jun 2018
503StudioAED 515K · Mar 2022
5041-bedAED 1.35M · Dec 2025
5051-bedAED 1.07M · Jan 2025
5062-bedAED 1.45M · Jan 2012
5071-bedAED 1.35M · Apr 2015
1–7 of 13

514, Burj Al Nujoom in numbers

  • Sold 3 times: first on 18 February 2014 for AED 1,311,975, last on 3 August 2014 for AED 2,317,225 (AED 1,687 per sqft).
  • Rented since December 2014 on 5 Ejari contracts, from AED 190,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 3.2%, before a service charge of about AED 25,600 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 8 January 2019.

Questions about 514, Burj Al Nujoom

What did unit 514 last sell for?

AED 2,317,225 on 3 August 2014: AED 1,687 per sqft for 1,373 sqft. The unit has 3 registered sales; the first was AED 1,311,975 in February 2014.

What is the rent for unit 514?

AED 75,000 a year on the contract renewed on 8 January 2019. The previous contract, from November 2017, was AED 90,000; the unit has been rented since December 2014.

How big is unit 514?

1,373 sqft (127.6 sqm): a two-bedroom apartment on the 5th floor of a 30-storey tower completed in 2013.

What is unit 514 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 514, Burj Al Nujoom

Starts from the last sale price (AED 2.32M, 3 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,317,225
Deposit, UAE resident (20%)
AED 463,445
Deposit, non-resident (40%)
AED 926,890
Monthly over 25 years at 3.7%
AED 9,480

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