1-bed · 1,011 sqftBurj Lofts Central, Downtown Dubai · 4th floor · completed 2009

404, Burj Lofts Central

Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 1.21M13 December 2010
Current rentAED 99K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Burj Lofts Central

What is 404 worth today?

Last sold for AED 1,213,888 in 2010

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20 Mar 2023RentedNew contract
AED 99,000/yr12 months · AED 98 per sqft
7 Mar 2022RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
1 Dec 2020RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
2 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 89 per sqft
2 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
13 Dec 2010Sold by developerReady
AED 1,213,888AED 1,200 per sqft

Source: Dubai Land Department. Updated 20 March 2023.

Key facts

Type
1-bed apartment
Size
1,011 sqft
Floor
4th of 26
Parking
B1 - 1050
Developer
Emaar
Completed
2009
Service charge
AED 21,200 /yr
Last sold
AED 1.21M · December 2010

About 404, Burj Lofts Central

404 is a one-bedroom apartment of 1,011 sqft on the 4th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 13 December 2010 for AED 1,213,888, or AED 1,200 per sqft, in line with the AED 1,194 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 20 March 2023, is AED 99,000 a year: a gross yield of 8.2% on the 2010 price, before the service charge of about AED 21,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Burj Lofts Central
1M1.5M2010201520202025Typical sale price by year: 2010 AED 1,037,888; 2011 AED 853,944; 2012 AED 1,029,500; 2013 AED 1,285,000; 2014 AED 1,600,000; 2015 AED 1,475,000; 2016 AED 1,377,500; 2017 AED 1,287,453; 2018 AED 1,300,000; 2019 AED 1,062,500; 2020 AED 760,000; 2021 AED 922,500; 2022 AED 1,330,000; 2023 AED 1,350,000; 2024 AED 1,612,500; 2025 AED 1,715,000; 2026 AED 1,650,000Sold by developer, December 2010: AED 1,213,888 (AED 1,200 per sqft)

404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in Burj Lofts Central
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 84,500; 2014 AED 97,000; 2015 AED 100,000; 2016 AED 105,000; 2017 AED 97,610; 2018 AED 89,751; 2019 AED 78,000; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 87,500; 2024 AED 105,000; 2025 AED 105,000; 2026 AED 100,000New contract, November 2018: AED 90,000 a yearRenewal, November 2019: AED 90,000 a yearNew contract, December 2020: AED 65,000 a yearNew contract, March 2022: AED 90,000 a yearNew contract, March 2023: AED 99,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Burj Lofts Central, and where 404 sits

All 233 1-beds →

404 last sold in December 2010 at AED 1,200 per sqft, in line with what one-beds in Burj Lofts Central were fetching at the time (AED 1,194). Over the last 12 months one-beds sold for AED 1,360,000 to 2,300,000, around AED 1,989 per sqft, and rent for AED 59,839 to 230,000 a year. 404's AED 99,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20261,650,000
2 Oct 20261,740,000
13 Aug 20261,360,000
7 Aug 202650,196
14 1-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 4th floor

All 321 units in Burj Lofts Central
Value
4011-bedAED 1.19M · Nov 2021
4022-bedAED 2.5M · Dec 2015
4032-bedAED 3.1M · Feb 2014
4051-bedAED 1.3M · Jun 2010
4061-bedAED 566K · Oct 2010
L4011-bedAED 1.45M · Jul 2024
L4021-bedAED 1.5M · Nov 2022
1–7 of 11

404, Burj Lofts Central in numbers

  • Sold once: by Emaar on 13 December 2010 for AED 1,213,888, or AED 1,200 per sqft.
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2020 and recovered to AED 99,000 by March 2023.
  • At AED 99,000 a year the gross yield on the 2010 price is 8.2%, before a service charge of about AED 21,200 a year (AED 21.00 per sqft).
  • One-beds in Burj Lofts Central sold for AED 1,360,000–2,300,000 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 March 2023.

Questions about 404, Burj Lofts Central

What did unit 404 last sell for?

AED 1,213,888 on 13 December 2010, sold by the developer: AED 1,200 per sqft for 1,011 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 99,000 a year on the contract signed on 20 March 2023. The previous contract, from March 2022, was AED 90,000; the unit has been rented since November 2018.

How big is unit 404?

1,011 sqft (93.9 sqm): a one-bedroom apartment on the 4th floor of a 26-storey tower completed in 2009.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Lofts Central sold for AED 1,360,000 to 2,300,000 in the last 12 months, around AED 1,989 per sqft.

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Mortgage on 404, Burj Lofts Central

Starts from the last sale price (AED 1.21M, 13 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,213,888
Deposit, UAE resident (20%)
AED 242,778
Deposit, non-resident (40%)
AED 485,555
Monthly over 25 years at 3.7%
AED 4,966

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