2-bed · 1,416 sqftBurj Lofts Central, Downtown Dubai · 20th floor · completed 2009

2003, Burj Lofts Central

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 2.77M30 August 2024
Current rentAED 120K /yr23 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Burj Lofts Central

What is 2003 worth today?

Last sold for AED 2,770,000 in 2024

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30 Aug 2024SoldReady
AED 2,770,000AED 1,956 per sqft
23 Dec 2022RentedRenewal
AED 120,463/yr11 months · AED 85 per sqft
23 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
23 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
23 Dec 2019RentedRenewal
AED 134,000/yr12 months · AED 94 per sqft
23 Dec 2018RentedRenewal
AED 135,000/yr12 months · AED 95 per sqft
23 Dec 2017RentedNew contract
AED 135,000/yr12 months · AED 95 per sqft
10 Oct 2015RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,416 sqft
Floor
20th of 26
Parking
B1 - 1094
Developer
Emaar
Completed
2009
Service charge
AED 29,700 /yr
Last sold
AED 2.77M · August 2024

About 2003, Burj Lofts Central

2003 is a two-bedroom apartment of 1,416 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 30 August 2024 for AED 2,770,000, or AED 1,956 per sqft, 12% above the AED 1,749 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 23 December 2022, is AED 120,463 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 29,700 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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, May 2010: AED 2,896,888 (AED 2,045 per sqft)Sold, August 2024: AED 2,770,000 (AED 1,956 per sqft)

2003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2003, 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, October 2013: AED 150,000 a yearNew contract, October 2014: AED 150,000 a yearRenewal, October 2015: AED 150,000 a yearNew contract, December 2017: AED 135,000 a yearRenewal, December 2018: AED 135,000 a yearRenewal, December 2019: AED 134,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 110,000 a yearRenewal, December 2022: AED 120,463 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 2003 sits

All 72 2-beds →

2003 last sold in August 2024 at AED 1,956 per sqft, 12% above what two-beds in Burj Lofts Central were fetching at the time (AED 1,749). 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. 2003's AED 120,463 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
20022-bedAED 2.27M · Oct 2021
20041-bedAED 655K · Jul 2011
20051-bedAED 1.9M · Jun 2014
20061-bedAED 1.23M · Mar 2011

2003, Burj Lofts Central in numbers

  • Sold twice: first on 30 May 2010 for AED 2,896,888, last on 30 August 2024 for AED 2,770,000 (AED 1,956 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2020 and recovered to AED 120,463 by December 2022.
  • At AED 120,463 a year the gross yield on the 2024 price is 4.3%, 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 30 August 2024.

Questions about 2003, Burj Lofts Central

What did unit 2003 last sell for?

AED 2,770,000 on 30 August 2024: AED 1,956 per sqft for 1,416 sqft. The unit has 2 registered sales; the first was AED 2,896,888 in May 2010.

What is the rent for unit 2003?

AED 120,463 a year on the contract renewed on 23 December 2022. The previous contract, from December 2021, was AED 110,000; the unit has been rented since October 2013.

How big is unit 2003?

1,416 sqft (131.6 sqm): a two-bedroom apartment on the 20th floor of a 26-storey tower completed in 2009.

What is unit 2003 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 2003, Burj Lofts Central

Starts from the last sale price (AED 2.77M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,770,000
Deposit, UAE resident (20%)
AED 554,000
Deposit, non-resident (40%)
AED 1,108,000
Monthly over 25 years at 3.7%
AED 11,333

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