1203, Burj Lofts Central
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Burj Lofts Central
What is 1203 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,416 sqft
- Floor
- 12th of 26
- Parking
- B1 - 1089
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 29,700 /yr
- Last sold
- AED 2.45M · August 2024
- Building
- Burj Lofts Central
About 1203, Burj Lofts Central
1203 is a two-bedroom apartment of 1,416 sqft on the 12th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 29 August 2024 for AED 2,450,000, or AED 1,730 per sqft, in line with the AED 1,730 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 1 October 2024, is AED 82,500 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 29,700 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1203 sits
All 72 2-beds →1203 last sold in August 2024 at AED 1,730 per sqft, in line with what two-beds in Burj Lofts Central were fetching at the time (AED 1,730). 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. 1203's AED 82,500 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202611 September 2026 | 1,564 sqft | 3,200,000 | 2,046 | ||
| 6 Feb 20266 February 2026 | 1,416 sqft | 3,650,000 | 2,577 | ||
| 19 Jan 202619 January 2026 | 1,333 sqft | 2,750,000 | 2,063 | ||
| 15 Dec 202515 December 2025 | 1,753 sqft | 4,350,000 | 2,481 |
Burj Lofts Central
Building321 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%
Other units on the 12th floor
All 321 units in Burj Lofts Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 870 sqft | AED 591KAED 591,444 · Jul 2010July 2010 | 90,000 /yr | |
| 1202 | 2-bed | 1,333 sqft | AED 2.07MAED 2,070,888 · May 2010May 2010 | 150,000 /yr | |
| 1204 | 1-bed | 1,011 sqft | AED 1.34MAED 1,340,000 · Aug 2018August 2018 | 140,000 /yr | |
| 1205 | 1-bed | 690 sqft | AED 1.13MAED 1,125,000 · Nov 2022November 2022 | 100,000 /yr | |
| 1206 | 1-bed | 896 sqft | AED 1.55MAED 1,550,000 · Apr 2023April 2023 | 115,000 /yr |
1203, Burj Lofts Central in numbers
- Sold twice: first on 3 April 2012 for AED 1,725,000, last on 29 August 2024 for AED 2,450,000 (AED 1,730 per sqft).
- Rented since April 2013 on 13 Ejari contracts, from AED 127,000 to AED 82,500 a year.
- At AED 82,500 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 29,700 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 1 October 2024.
Questions about 1203, Burj Lofts Central
What did unit 1203 last sell for?
AED 2,450,000 on 29 August 2024: AED 1,730 per sqft for 1,416 sqft. The unit has 2 registered sales; the first was AED 1,725,000 in April 2012.
What is the rent for unit 1203?
AED 82,500 a year on the contract signed on 1 October 2024. The previous contract, from October 2023, was AED 82,500; the unit has been rented since April 2013.
How big is unit 1203?
1,416 sqft (131.6 sqm): a two-bedroom apartment on the 12th floor of a 26-storey tower completed in 2009.
What is unit 1203 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 1203, Burj Lofts Central
Starts from the last sale price (AED 2.45M, 29 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →