1501, Burj Lofts Central
Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Burj Lofts Central
What is 1501 worth today?
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Source: Dubai Land Department. Updated 22 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 15th of 26
- Parking
- B2 - 2111
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 18,300 /yr
- Last sold
- AED 1.35M · February 2018
- Building
- Burj Lofts Central
About 1501, Burj Lofts Central
1501 is a one-bedroom apartment of 870 sqft on the 15th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 20 February 2018 for AED 1,350,000, or AED 1,550 per sqft, in line with the AED 1,524 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 22 November 2023, is AED 100,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 18,300 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Burj Lofts Central, and where 1501 sits
All 233 1-beds →1501 last sold in February 2018 at AED 1,550 per sqft, in line with what one-beds in Burj Lofts Central were fetching at the time (AED 1,524). Over the last 12 months one-beds sold for AED 1,360,000 to 2,300,000, around AED 1,989 per sqft, and rent for AED 59,839 to 230,000 a year. 1501's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 820 sqft | 1,650,000 | 2,013 | ||
| 2 Oct 20262 October 2026 | 870 sqft | 1,740,000 | 1,998 | ||
| 13 Aug 202613 August 2026 | 687 sqft | 1,360,000 | 1,980 | ||
| 7 Aug 20267 August 2026 | 827 sqft | 50,196 | 60 |
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 15th floor
All 321 units in Burj Lofts Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,333 sqft | AED 2.58MAED 2,580,000 · May 2024May 2024 | 165,000 /yr | |
| 1503 | 2-bed | 1,416 sqft | AED 688KAED 687,500 · Jan 2021January 2021 | 105,000 /yr | |
| 1504 | 1-bed | 1,011 sqft | AED 1.28MAED 1,280,888 · Jul 2010July 2010 | 90,000 /yr | |
| 1505 | 1-bed | 690 sqft | AED 860KAED 860,000 · Aug 2021August 2021 | 85,000 /yr | |
| 1506 | 1-bed | 896 sqft | AED 1.43MAED 1,430,000 · May 2023May 2023 | 110,000 /yr |
1501, Burj Lofts Central in numbers
- Sold twice: first on 1 July 2010 for AED 600,444, last on 20 February 2018 for AED 1,350,000 (AED 1,550 per sqft).
- Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2019 and recovered to AED 100,000 by November 2023.
- At AED 100,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 18,300 a year (AED 21.00 per sqft).
- One-beds in Burj Lofts Central sold for AED 1,360,000–2,300,000 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 22 November 2023.
Questions about 1501, Burj Lofts Central
What did unit 1501 last sell for?
AED 1,350,000 on 20 February 2018: AED 1,550 per sqft for 870 sqft. The unit has 2 registered sales; the first was AED 600,444 in July 2010.
What is the rent for unit 1501?
AED 100,000 a year on the contract signed on 22 November 2023. The previous contract, from April 2019, was AED 75,000; the unit has been rented since July 2014.
How big is unit 1501?
870 sqft (80.8 sqm): a one-bedroom apartment on the 15th floor of a 26-storey tower completed in 2009.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Lofts Central sold for AED 1,360,000 to 2,300,000 in the last 12 months, around AED 1,989 per sqft.
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Mortgage on 1501, Burj Lofts Central
Starts from the last sale price (AED 1.35M, 20 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →