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2-bed · 1,416 sqftBurj Lofts Central, Downtown Dubai · 16th floor · completed 2009

1603, Burj Lofts Central

Sold prices and rental history: sold twice, last in December 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 20 December 2010
Last soldAED 1.56M20 December 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, Burj Lofts Central

What is 1603 worth today?

Last sold for AED 1,560,000 in 2010

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20 Dec 2010SoldReady
AED 1,560,000AED 1,101 per sqft
15 Jun 2010Sold by developerReady
AED 2,608,991AED 1,842 per sqft

Source: Dubai Land Department. Updated 20 December 2010.

Key facts

Type
2-bed apartment
Size
1,416 sqft
Floor
16th of 26
Parking
B1 - 1074
Developer
Emaar
Completed
2009
Service charge
AED 29,700 /yr
Last sold
AED 1.56M · December 2010
Building
Burj Lofts Central

About 1603, Burj Lofts Central

1603 is a two-bedroom apartment of 1,416 sqft on the 16th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 20 December 2010 for AED 1,560,000, or AED 1,101 per sqft, 28% below the AED 1,537 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, June 2010: AED 2,608,991 (AED 1,842 per sqft)Sold, December 2010: AED 1,560,000 (AED 1,101 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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 160,000

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 1603 sits

All 72 2-beds →

1603 last sold in December 2010 at AED 1,101 per sqft, 28% below what two-beds in Burj Lofts Central were fetching at the time (AED 1,537). 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.

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 16th floor

All 321 units in Burj Lofts Central
Value
16011-bedAED 750K · May 2011
16022-bedAED 1.8M · Jul 2010
16041-bedAED 1.3M · May 2018
16051-bedAED 1.63M · Feb 2026
16061-bedAED 900K · Jan 2012

1603, Burj Lofts Central in numbers

  • Sold twice: first on 15 June 2010 for AED 2,608,991, last on 20 December 2010 for AED 1,560,000 (AED 1,101 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 20 December 2010.

Questions about 1603, Burj Lofts Central

What did unit 1603 last sell for?

AED 1,560,000 on 20 December 2010: AED 1,101 per sqft for 1,416 sqft. The unit has 2 registered sales; the first was AED 2,608,991 in June 2010.

How big is unit 1603?

1,416 sqft (131.6 sqm): a two-bedroom apartment on the 16th floor of a 26-storey tower completed in 2009.

What is unit 1603 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 1603, Burj Lofts Central

Starts from the last sale price (AED 1.56M, 20 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,560,000
Deposit, UAE resident (20%)
AED 312,000
Deposit, non-resident (40%)
AED 624,000
Monthly over 25 years at 3.7%
AED 6,382

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