2602, Burj Lofts Central
Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2602, Burj Lofts Central
What is 2602 worth today?
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Source: Dubai Land Department. Updated 15 April 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,318 sqft
- Floor
- 26th of 26
- Parking
- P - 24 & P - 25
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 48,700 /yr
- Last sold
- AED 4.5M · February 2018
- Building
- Burj Lofts Central
About 2602, Burj Lofts Central
2602 is a three-bedroom apartment of 2,318 sqft on the 26th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 15 February 2018 for AED 4,500,000, or AED 1,941 per sqft.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 April 2022, is AED 125,000 a year: a gross yield of 2.8% on the 2018 price, before the service charge of about AED 48,700 a year.
Sales and rents for 2602 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Burj Lofts Central, and where 2602 sits
All 6 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Aug 202020 August 2020 | 3,748 sqft | 2,650,000 | 707 | ||
| 11 Feb 201411 February 2014 | 2,300 sqft | 3,900,000 | 1,695 | ||
| 3 Oct 20133 October 2013 | 3,748 sqft | 2,595,888 | 692 | ||
| 10 Jul 201310 July 2013 | 3,744 sqft | 2,551,888 | 681 |
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 26th floor
All 321 units in Burj Lofts Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 1-bed | 860 sqft | AED 850KAED 850,000 · Apr 2016April 2016 | 100,000 /yr | |
| 2603 | 1-bed | 1,299 sqft | AED 2.04MAED 2,035,000 · Jul 2024July 2024 | 130,000 /yr | |
| 2604 | 1-bed | 689 sqft | AED 1.55MAED 1,550,000 · Jul 2026July 2026 | 125,000 /yr | |
| 2605 | 1-bed | 896 sqft | AED 1.34MAED 1,340,000 · Sep 2018September 2018 | 101,000 /yr |
2602, Burj Lofts Central in numbers
- Sold twice: first on 17 May 2011 for AED 2,883,888, last on 15 February 2018 for AED 4,500,000 (AED 1,941 per sqft).
- Rented since March 2017 on 4 Ejari contracts, from AED 245,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2018 price is 2.8%, before a service charge of about AED 48,700 a year (AED 21.00 per sqft).
Source: Dubai Land Department. Updated 15 April 2022.
Questions about 2602, Burj Lofts Central
What did unit 2602 last sell for?
AED 4,500,000 on 15 February 2018: AED 1,941 per sqft for 2,318 sqft. The unit has 2 registered sales; the first was AED 2,883,888 in May 2011.
What is the rent for unit 2602?
AED 125,000 a year on the contract signed on 15 April 2022. The previous contract, from April 2021, was AED 125,000; the unit has been rented since March 2017.
How big is unit 2602?
2,318 sqft (215.3 sqm): a three-bedroom apartment on the 26th floor of a 26-storey tower completed in 2009.
What is unit 2602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2602, Burj Lofts Central
Starts from the last sale price (AED 4.5M, 15 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →