2-bed · 1,373 sqftBurj Al Nujoom, Downtown Dubai · 7th floor · completed 2013

714, Burj Al Nujoom

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 1 January 2021
Last soldAED 1.33M19 January 2012
Current rentAED 70K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Burj Al Nujoom

What is 714 worth today?

Last sold for AED 1,334,522 in 2012

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1 Jan 2021RentedNew contract
AED 70,000/yr12 months · AED 51 per sqft
15 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 62 per sqft
15 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 62 per sqft
28 Jul 2017RentedRenewal
AED 118,000/yr12 months · AED 86 per sqft
28 Jul 2016RentedRenewal
AED 118,000/yr12 months · AED 86 per sqft
28 Jul 2015RentedNew contract
AED 118,000/yr12 months · AED 86 per sqft
19 Jan 2012Sold by developerReady
AED 1,334,522AED 971 per sqft

Source: Dubai Land Department. Updated 1 January 2021.

Key facts

Type
2-bed apartment
Size
1,373 sqft
Floor
7th of 30
Parking
B1-01
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 25,600 /yr
Last sold
AED 1.33M · January 2012

About 714, Burj Al Nujoom

714 is a two-bedroom apartment of 1,373 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 19 January 2012 for AED 1,334,522, or AED 971 per sqft, in line with the AED 955 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 January 2021, is AED 70,000 a year: a gross yield of 5.3% on the 2012 price, before the service charge of about AED 25,600 a year.

Sales and rents for 714 over time

Sales
Unit 714, 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, January 2012: AED 1,334,522 (AED 971 per sqft)

714 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 714, each contractTypical two-bed in Burj Al Nujoom
100K150K2014201820222026Typical 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, July 2015: AED 118,000 a yearRenewal, July 2016: AED 118,000 a yearRenewal, July 2017: AED 118,000 a yearNew contract, September 2018: AED 85,000 a yearRenewal, September 2019: AED 85,000 a yearNew contract, January 2021: AED 70,000 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 714 sits

All 109 2-beds →

714 last sold in January 2012 at AED 971 per sqft, in line with what two-beds in Burj Al Nujoom were fetching at the time (AED 955). 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. 714's AED 70,000 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 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

714, Burj Al Nujoom in numbers

  • Sold once: by Althuraya Real Estate Development on 19 January 2012 for AED 1,334,522, or AED 971 per sqft.
  • Rented since July 2015 on 6 Ejari contracts, from AED 118,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2012 price is 5.3%, 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 1 January 2021.

Questions about 714, Burj Al Nujoom

What did unit 714 last sell for?

AED 1,334,522 on 19 January 2012, sold by the developer: AED 971 per sqft for 1,373 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 70,000 a year on the contract signed on 1 January 2021. The previous contract, from September 2019, was AED 85,000; the unit has been rented since July 2015.

How big is unit 714?

1,373 sqft (127.6 sqm): a two-bedroom apartment on the 7th floor of a 30-storey tower completed in 2013.

What is unit 714 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 714, Burj Al Nujoom

Starts from the last sale price (AED 1.33M, 19 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,334,522
Deposit, UAE resident (20%)
AED 266,904
Deposit, non-resident (40%)
AED 533,809
Monthly over 25 years at 3.7%
AED 5,460

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