703, Burj Al Nujoom
Sold prices and rental history: sold once, by the developer in January 2012, 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 703, Burj Al Nujoom
What is 703 worth today?
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Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 444 sqft
- Floor
- 7th of 30
- Parking
- B3-43
- Developer
- Althuraya Real Estate Development
- Completed
- 2013
- Service charge
- AED 8,300 /yr
- Last sold
- AED 475K · January 2012
- Building
- Burj Al Nujoom
About 703, Burj Al Nujoom
703 is a studio of 444 sqft on the 7th 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 22 January 2012 for AED 475,024, or AED 1,070 per sqft, in line with the AED 1,054 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 55,000 a year: a gross yield of 11.6% on the 2012 price, before the service charge of about AED 8,300 a year.
Sales and rents for 703 over time
703 has sold once; 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 703 sits
All 184 studios →703 last sold in January 2012 at AED 1,070 per sqft, in line with what studios in Burj Al Nujoom were fetching at the time (AED 1,054). 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. 703's AED 55,000 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 7th floor
All 378 units in Burj Al Nujoom| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 440 sqft | AED 1.05MAED 1,050,000 · Feb 2015February 2015 | 64,000 /yr | |
| 702 | Studio | 444 sqft | AED 860KAED 860,000 · Jan 2025January 2025 | 50,000 /yr | |
| 704 | 1-bed | 860 sqft | AED 882KAED 881,926 · Jan 2012January 2012 | 90,000 /yr | |
| 705 | 1-bed | 819 sqft | AED 900KAED 900,000 · Apr 2013April 2013 | 95,000 /yr | |
| 706 | 2-bed | 1,508 sqft | AED 1.41MAED 1,412,372 · Oct 2023October 2023 | 85,000 /yr | |
| 707 | 1-bed | 811 sqft | AED 685KAED 685,000 · Nov 2021November 2021 | 90,000 /yr | |
| 708 | Studio | 453 sqft | AED 790KAED 790,000 · Jul 2024July 2024 | 68,500 /yr | |
| 709 | Studio | 452 sqft | AED 935KAED 935,000 · Apr 2025April 2025 | 70,000 /yr | |
| 710 | Studio | 452 sqft | AED 850KAED 850,000 · Feb 2024February 2024 | 36,000 /yr | |
| 711 | Studio | 456 sqft | AED 840KAED 840,000 · Aug 2024August 2024 | 72,000 /yr | |
| 712 | 2-bed | 1,378 sqft | AED 1.8MAED 1,800,000 · Jun 2014June 2014 | 100,000 /yr | |
| 713 | 2-bed | 1,390 sqft | AED 1.56MAED 1,560,000 · Jan 2024January 2024 | 92,000 /yr | |
| 714 | 2-bed | 1,373 sqft | AED 1.33MAED 1,334,522 · Jan 2012January 2012 | 70,000 /yr |
703, Burj Al Nujoom in numbers
- Sold once: by Althuraya Real Estate Development on 22 January 2012 for AED 475,024, or AED 1,070 per sqft.
- Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 43,000 in 2021 and recovered to AED 55,000 by December 2024.
- At AED 55,000 a year the gross yield on the 2012 price is 11.6%, before a service charge of about AED 8,300 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 10 December 2024.
Questions about 703, Burj Al Nujoom
What did unit 703 last sell for?
AED 475,024 on 22 January 2012, sold by the developer: AED 1,070 per sqft for 444 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 55,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 55,000; the unit has been rented since September 2017.
How big is unit 703?
444 sqft (41.2 sqm): a studio on the 7th floor of a 30-storey tower completed in 2013.
What is unit 703 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 703, Burj Al Nujoom
Starts from the last sale price (AED 475K, 22 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 475,024
- Deposit, UAE resident (20%)
- AED 95,005
- Deposit, non-resident (40%)
- AED 190,010
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →