2-bed · 1,333 sqftBurj Lofts Central, Downtown Dubai · 20th floor · completed 2009

2002, Burj Lofts Central

Sold prices and rental history: sold 4 times, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 6 October 2021
Last soldAED 2.27M6 October 2021
Current rentAED 100K /yr3 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Burj Lofts Central

What is 2002 worth today?

Last sold for AED 2,265,000 in 2021

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6 Oct 2021SoldReady
AED 2,265,000AED 1,699 per sqft
3 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
13 Apr 2020SoldReady
AED 1,400,000AED 1,050 per sqft
22 Dec 2019RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
22 Dec 2018RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
22 Dec 2017RentedNew contract
AED 157,500/yr12 months · AED 118 per sqft
15 May 2017RentedRenewal
AED 165,000/yr12 months · AED 124 per sqft
15 May 2016RentedRenewal
AED 165,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 6 October 2021.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
20th of 26
Parking
B1 - 1152
Developer
Emaar
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 2.27M · October 2021

About 2002, Burj Lofts Central

2002 is a two-bedroom apartment of 1,333 sqft on the 20th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 6 October 2021 for AED 2,265,000, or AED 1,699 per sqft, 68% above the AED 1,012 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 3 January 2021, is AED 100,000 a year: a gross yield of 4.4% on the 2021 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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, October 2011: AED 2,359,888 (AED 1,770 per sqft)Sold, October 2012: AED 2,100,000 (AED 1,575 per sqft)Sold, April 2020: AED 1,400,000 (AED 1,050 per sqft)Sold, October 2021: AED 2,265,000 (AED 1,699 per sqft)

2002 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2002, 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, May 2014: AED 165,000 a yearNew contract, May 2015: AED 165,000 a yearRenewal, May 2016: AED 165,000 a yearRenewal, May 2017: AED 165,000 a yearNew contract, December 2017: AED 157,500 a yearRenewal, December 2018: AED 130,000 a yearRenewal, December 2019: AED 115,000 a yearNew contract, January 2021: AED 100,000 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 2002 sits

All 72 2-beds →

2002 last sold in October 2021 at AED 1,699 per sqft, 68% above what two-beds in Burj Lofts Central were fetching at the time (AED 1,012). 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. 2002's AED 100,000 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 20th floor

All 321 units in Burj Lofts Central
Value
20011-bedAED 1.8M · May 2015
20032-bedAED 2.77M · Aug 2024
20041-bedAED 655K · Jul 2011
20051-bedAED 1.9M · Jun 2014
20061-bedAED 1.23M · Mar 2011

2002, Burj Lofts Central in numbers

  • Sold 4 times: first on 23 October 2011 for AED 2,359,888, last on 6 October 2021 for AED 2,265,000 (AED 1,699 per sqft).
  • Rented since May 2014 on 8 Ejari contracts, from AED 165,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 4.4%, 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 6 October 2021.

Questions about 2002, Burj Lofts Central

What did unit 2002 last sell for?

AED 2,265,000 on 6 October 2021: AED 1,699 per sqft for 1,333 sqft. The unit has 4 registered sales; the first was AED 2,359,888 in October 2011.

What is the rent for unit 2002?

AED 100,000 a year on the contract signed on 3 January 2021. The previous contract, from December 2019, was AED 115,000; the unit has been rented since May 2014.

How big is unit 2002?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 20th floor of a 26-storey tower completed in 2009.

What is unit 2002 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 2002, Burj Lofts Central

Starts from the last sale price (AED 2.27M, 6 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,265,000
Deposit, UAE resident (20%)
AED 453,000
Deposit, non-resident (40%)
AED 906,000
Monthly over 25 years at 3.7%
AED 9,267

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