1503, Burj Lofts Central
Sold prices and rental history: sold twice, last in January 2021, 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 1503, Burj Lofts Central
What is 1503 worth today?
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Source: Dubai Land Department. Updated 5 January 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,416 sqft
- Floor
- 15th of 26
- Parking
- B1 - 1075
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 29,700 /yr
- Last sold
- AED 688K · January 2021
- Building
- Burj Lofts Central
About 1503, Burj Lofts Central
1503 is a two-bedroom apartment of 1,416 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 5 January 2021 for AED 687,500, or AED 485 per sqft, 51% below the AED 982 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 February 2020, is AED 105,000 a year: a gross yield of 15.3% on the 2021 price, before the service charge of about AED 29,700 a year.
Sales and rents for 1503 over time
1503 has sold once; 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 1503 sits
All 72 2-beds →1503 last sold in January 2021 at AED 485 per sqft, 51% below what two-beds in Burj Lofts Central were fetching at the time (AED 982). 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. 1503's AED 105,000 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 15th floor
All 321 units in Burj Lofts Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 870 sqft | AED 1.35MAED 1,350,000 · Feb 2018February 2018 | 100,000 /yr | |
| 1502 | 2-bed | 1,333 sqft | AED 2.58MAED 2,580,000 · May 2024May 2024 | 165,000 /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 |
1503, Burj Lofts Central in numbers
- Sold twice: first on 16 May 2010 for AED 2,798,888, last on 5 January 2021 for AED 687,500 (AED 485 per sqft).
- Rented since October 2013 on 7 Ejari contracts, from AED 142,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2021 price is 15.3%, 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 5 January 2021.
Questions about 1503, Burj Lofts Central
What did unit 1503 last sell for?
AED 687,500 on 5 January 2021: AED 485 per sqft for 1,416 sqft. The unit has 2 registered sales; the first was AED 2,798,888 in May 2010.
What is the rent for unit 1503?
AED 105,000 a year on the contract signed on 15 February 2020. The previous contract, from January 2019, was AED 115,000; the unit has been rented since October 2013.
How big is unit 1503?
1,416 sqft (131.6 sqm): a two-bedroom apartment on the 15th floor of a 26-storey tower completed in 2009.
What is unit 1503 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 1503, Burj Lofts Central
Starts from the last sale price (AED 688K, 5 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 687,500
- Deposit, UAE resident (20%)
- AED 137,500
- Deposit, non-resident (40%)
- AED 275,000
- Monthly over 25 years at 3.7%
- AED 2,813
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →