Studio · 440 sqftBurj Al Nujoom, Downtown Dubai · 7th floor · completed 2013

701, Burj Al Nujoom

Sold prices and rental history: sold twice, last in February 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 6 November 2025
Last soldAED 1.05M8 February 2015
Current rentAED 64K /yr6 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Burj Al Nujoom

What is 701 worth today?

Last sold for AED 1,050,000 in 2015

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6 Nov 2025RentedRenewal
AED 64,000/yr12 months · AED 145 per sqft
6 Nov 2024RentedNew contract
AED 62,000/yr12 months · AED 140 per sqft
1 Nov 2018RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
8 Feb 2015SoldReady
AED 1,050,000AED 2,385 per sqft
22 Jan 2012Sold by developerReady
AED 476,710AED 1,083 per sqft

Source: Dubai Land Department. Updated 6 November 2025.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
7th of 30
Parking
B3-44
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,200 /yr
Last sold
AED 1.05M · February 2015

About 701, Burj Al Nujoom

701 is a studio of 440 sqft on the 7th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 8 February 2015 for AED 1,050,000, or AED 2,385 per sqft, 16% above the AED 2,055 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 6 November 2025, is AED 64,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 8,200 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical studio in Burj Al Nujoom
500K1M2012201620202024Typical 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 2012: AED 476,710 (AED 1,083 per sqft)Sold, February 2015: AED 1,050,000 (AED 2,385 per sqft)

701 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 701, 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, November 2018: AED 50,000 a yearNew contract, November 2024: AED 62,000 a yearRenewal, November 2025: AED 64,000 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 701 sits

All 184 studios →

701 last sold in February 2015 at AED 2,385 per sqft, 16% above what studios in Burj Al Nujoom were fetching at the time (AED 2,055). 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. 701's AED 64,000 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 7th floor

All 378 units in Burj Al Nujoom
Value
702StudioAED 860K · Jan 2025
703StudioAED 475K · Jan 2012
7041-bedAED 882K · Jan 2012
7051-bedAED 900K · Apr 2013
7062-bedAED 1.41M · Oct 2023
7071-bedAED 685K · Nov 2021
708StudioAED 790K · Jul 2024
1–7 of 13

701, Burj Al Nujoom in numbers

  • Sold twice: first on 22 January 2012 for AED 476,710, last on 8 February 2015 for AED 1,050,000 (AED 2,385 per sqft).
  • Rented since November 2018 on 3 Ejari contracts, from AED 50,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2015 price is 6.1%, 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 6 November 2025.

Questions about 701, Burj Al Nujoom

What did unit 701 last sell for?

AED 1,050,000 on 8 February 2015: AED 2,385 per sqft for 440 sqft. The unit has 2 registered sales; the first was AED 476,710 in January 2012.

What is the rent for unit 701?

AED 64,000 a year on the contract renewed on 6 November 2025. The previous contract, from November 2024, was AED 62,000; the unit has been rented since November 2018.

How big is unit 701?

440 sqft (40.9 sqm): a studio on the 7th floor of a 30-storey tower completed in 2013.

What is unit 701 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 701, Burj Al Nujoom

Starts from the last sale price (AED 1.05M, 8 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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