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2-bed · 1,333 sqftBurj Lofts Central, Downtown Dubai · 12th floor · completed 2009

1202, Burj Lofts Central

Sold prices and rental history: sold once, by the developer in May 2010, and rented once, from January 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 26 January 2018
Last soldAED 2.07M4 May 2010
Current rentAED 150K /yr26 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Burj Lofts Central

What is 1202 worth today?

Last sold for AED 2,070,888 in 2010

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26 Jan 2018RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
4 May 2010Sold by developerReady
AED 2,070,888AED 1,553 per sqft

Source: Dubai Land Department. Updated 26 January 2018.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
12th of 26
Parking
B1 - 1138
Developer
Emaar
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 2.07M · May 2010
Building
Burj Lofts Central

About 1202, Burj Lofts Central

1202 is a two-bedroom apartment of 1,333 sqft on the 12th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 4 May 2010 for AED 2,070,888, or AED 1,553 per sqft, 10% above the AED 1,418 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 January 2018. The current contract, signed on 26 January 2018, is AED 150,000 a year: a gross yield of 7.2% on the 2010 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in Burj Lofts Central
1M2M3M2010201520202025Typical sale price by year: 2010 AED 2,070,888; 2011 AED 1,735,929; 2012 AED 1,850,000; 2013 AED 2,425,000; 2014 AED 3,150,000; 2015 AED 2,797,500; 2019 AED 1,650,000; 2020 AED 1,334,000; 2021 AED 1,600,000; 2022 AED 2,250,000; 2023 AED 2,500,000; 2024 AED 2,590,000; 2025 AED 3,000,000; 2026 AED 3,200,000Sold by developer, May 2010: AED 2,070,888 (AED 1,553 per sqft)

1202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in Burj Lofts Central
100K150K2012201620202024Typical rent by year: 2012 AED 129,000; 2013 AED 140,000; 2014 AED 154,675; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 120,000; 2023 AED 142,409; 2024 AED 150,000; 2025 AED 165,000; 2026 AED 160,000New contract, January 2018: AED 150,000 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 Lofts Central, and where 1202 sits

All 72 2-beds →

1202 last sold in May 2010 at AED 1,553 per sqft, 10% above what two-beds in Burj Lofts Central were fetching at the time (AED 1,418). Over the last 12 months two-beds sold for AED 2,750,000 to 4,350,000, around AED 2,272 per sqft, and rent for AED 121,500 to 276,000 a year. 1202's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 20263,200,000
6 Feb 20263,650,000
19 Jan 20262,750,000
15 Dec 20254,350,000
4 2-bed sales in the last 12 months

Burj Lofts Central

Building

321 apartments, studios to 3-bed over 26 floors in Downtown Dubai, completed in 2009 by Emaar. 18 sold in the last 12 months.

Typical price per sqft
AED 2,030 Up 0.5%
Typical sale
AED 1.73M
Typical rent
AED 105K /yr
Typical yield
5.8%
Burj Lofts Central, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 321 units in Burj Lofts Central
Value
12011-bedAED 591K · Jul 2010
12032-bedAED 2.45M · Aug 2024
12041-bedAED 1.34M · Aug 2018
12051-bedAED 1.13M · Nov 2022
12061-bedAED 1.55M · Apr 2023

1202, Burj Lofts Central in numbers

  • Sold once: by Emaar on 4 May 2010 for AED 2,070,888, or AED 1,553 per sqft.
  • Rented since January 2018 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2010 price is 7.2%, before a service charge of about AED 28,000 a year (AED 21.00 per sqft).
  • Two-beds in Burj Lofts Central sold for AED 2,750,000–4,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,030 per sqft.

Source: Dubai Land Department. Updated 26 January 2018.

Questions about 1202, Burj Lofts Central

What did unit 1202 last sell for?

AED 2,070,888 on 4 May 2010, sold by the developer: AED 1,553 per sqft for 1,333 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 150,000 a year on the contract signed on 26 January 2018.

How big is unit 1202?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 12th floor of a 26-storey tower completed in 2009.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Lofts Central sold for AED 2,750,000 to 4,350,000 in the last 12 months, around AED 2,272 per sqft.

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Mortgage on 1202, Burj Lofts Central

Starts from the last sale price (AED 2.07M, 4 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,070,888
Deposit, UAE resident (20%)
AED 414,178
Deposit, non-resident (40%)
AED 828,355
Monthly over 25 years at 3.7%
AED 8,473

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