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2-bed · 1,333 sqftBurj Lofts Central, Downtown Dubai · 13th floor · completed 2009

1302, Burj Lofts Central

Sold prices and rental history: sold twice, last in January 2014, and rented once, from March 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 1 March 2019
Last soldAED 3.05M16 January 2014
Current rentAED 115K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1302, Burj Lofts Central

What is 1302 worth today?

Last sold for AED 3,050,000 in 2014

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1 Mar 2019RentedNew contract
AED 115,000/yr12 months · AED 86 per sqft
16 Jan 2014SoldReady
AED 3,050,000AED 2,288 per sqft
15 Mar 2011Sold by developerReady
AED 1,263,444AED 948 per sqft

Source: Dubai Land Department. Updated 1 March 2019.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
13th of 26
Parking
B1 - 1137
Developer
Emaar
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 3.05M · January 2014
Building
Burj Lofts Central

About 1302, Burj Lofts Central

1302 is a two-bedroom apartment of 1,333 sqft on the 13th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 16 January 2014 for AED 3,050,000, or AED 2,288 per sqft, 28% above the AED 1,792 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2019. The current contract, signed on 1 March 2019, is AED 115,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, March 2011: AED 1,263,444 (AED 948 per sqft)Sold, January 2014: AED 3,050,000 (AED 2,288 per sqft)

1302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, 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, March 2019: AED 115,000 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 1302 sits

All 72 2-beds →

1302 last sold in January 2014 at AED 2,288 per sqft, 28% above what two-beds in Burj Lofts Central were fetching at the time (AED 1,792). 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. 1302's AED 115,000 is at the bottom 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 13th floor

All 321 units in Burj Lofts Central
Value
13032-bedAED 2.77M · May 2010
13041-bedAED 1.27M · Jul 2010
13051-bedAED 1.15M · May 2023
13061-bedAED 1.45M · Sep 2023

1302, Burj Lofts Central in numbers

  • Sold twice: first on 15 March 2011 for AED 1,263,444, last on 16 January 2014 for AED 3,050,000 (AED 2,288 per sqft).
  • Rented since March 2019 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2014 price is 3.8%, 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 1 March 2019.

Questions about 1302, Burj Lofts Central

What did unit 1302 last sell for?

AED 3,050,000 on 16 January 2014: AED 2,288 per sqft for 1,333 sqft. The unit has 2 registered sales; the first was AED 1,263,444 in March 2011.

What is the rent for unit 1302?

AED 115,000 a year on the contract signed on 1 March 2019.

How big is unit 1302?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 13th floor of a 26-storey tower completed in 2009.

What is unit 1302 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 1302, Burj Lofts Central

Starts from the last sale price (AED 3.05M, 16 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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