Studio · 456 sqftBurj Al Nujoom, Downtown Dubai · 7th floor · completed 2013

711, Burj Al Nujoom

Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 840K15 August 2024
Current rentAED 72K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Burj Al Nujoom

What is 711 worth today?

Last sold for AED 840,000 in 2024

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15 Aug 2024SoldReady
AED 840,000AED 1,842 per sqft
25 May 2024RentedNew contract
AED 72,000/yr12 months · AED 159 per sqft
3 Feb 2023SoldReady
AED 785,000AED 1,722 per sqft
1 May 2020RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft
1 Apr 2018RentedRenewal
AED 56,000/yr12 months · AED 124 per sqft
1 Apr 2017RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
12 Aug 2014SoldReady
AED 243,820AED 534 per sqft
31 Jan 2012Sold by developerReady
AED 243,820AED 534 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
7th of 30
Parking
B3-49
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 840K · August 2024

About 711, Burj Al Nujoom

711 is a studio of 456 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 15 August 2024 for AED 840,000, or AED 1,842 per sqft, 8% above the AED 1,704 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 25 May 2024, is AED 72,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 8,500 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical studio in Burj Al Nujoom
500K2012201620202024Typical 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 243,820 (AED 534 per sqft)Sold, August 2014: AED 243,820 (AED 534 per sqft)Sold, February 2023: AED 785,000 (AED 1,722 per sqft)Sold, August 2024: AED 840,000 (AED 1,842 per sqft)

711 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 711, 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, April 2017: AED 60,000 a yearRenewal, April 2018: AED 56,000 a yearNew contract, May 2020: AED 35,000 a yearNew contract, May 2024: AED 72,000 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 711 sits

All 184 studios →

711 last sold in August 2024 at AED 1,842 per sqft, 8% above what studios in Burj Al Nujoom were fetching at the time (AED 1,704). 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. 711's AED 72,000 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
701StudioAED 1.05M · Feb 2015
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
1–7 of 13

711, Burj Al Nujoom in numbers

  • Sold 4 times: first on 31 January 2012 for AED 243,820, last on 15 August 2024 for AED 840,000 (AED 1,842 per sqft).
  • Rented since April 2017 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2020 and recovered to AED 72,000 by May 2024.
  • At AED 72,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 8,500 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 15 August 2024.

Questions about 711, Burj Al Nujoom

What did unit 711 last sell for?

AED 840,000 on 15 August 2024: AED 1,842 per sqft for 456 sqft. The unit has 4 registered sales; the first was AED 243,820 in January 2012.

What is the rent for unit 711?

AED 72,000 a year on the contract signed on 25 May 2024. The previous contract, from May 2020, was AED 35,000; the unit has been rented since April 2017.

How big is unit 711?

456 sqft (42.4 sqm): a studio on the 7th floor of a 30-storey tower completed in 2013.

What is unit 711 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 711, Burj Al Nujoom

Starts from the last sale price (AED 840K, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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