502, Burj Lofts Central
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Burj Lofts Central
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,333 sqft
- Floor
- 5th of 26
- Parking
- B1 - 1069
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 28,000 /yr
- Last sold
- AED 2.15M · November 2023
- Building
- Burj Lofts Central
About 502, Burj Lofts Central
502 is a two-bedroom apartment of 1,333 sqft on the 5th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 30 November 2023 for AED 2,150,000, or AED 1,613 per sqft, in line with the AED 1,588 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 113,370 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 28,000 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 72 2-beds →502 last sold in November 2023 at AED 1,613 per sqft, in line with what two-beds in Burj Lofts Central were fetching at the time (AED 1,588). 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. 502's AED 113,370 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202611 September 2026 | 1,564 sqft | 3,200,000 | 2,046 | ||
| 6 Feb 20266 February 2026 | 1,416 sqft | 3,650,000 | 2,577 | ||
| 19 Jan 202619 January 2026 | 1,333 sqft | 2,750,000 | 2,063 | ||
| 15 Dec 202515 December 2025 | 1,753 sqft | 4,350,000 | 2,481 |
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 5th floor
All 321 units in Burj Lofts Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 870 sqft | AED 1.14MAED 1,140,888 · Jun 2010June 2010 | 82,000 /yr | |
| 503 | 2-bed | 1,416 sqft | AED 1.76MAED 1,757,888 · Dec 2011December 2011 | 140,000 /yr | |
| 504 | 1-bed | 1,011 sqft | AED 2MAED 2,000,000 · Jul 2026July 2026 | 111,000 /yr | |
| 505 | 1-bed | 690 sqft | AED 1.44MAED 1,435,000 · Oct 2024October 2024 | 105,000 /yr | |
| 506 | 1-bed | 896 sqft | AED 1.83MAED 1,825,000 · Jun 2025June 2025 | 150,000 /yr |
502, Burj Lofts Central in numbers
- Sold twice: first on 19 May 2010 for AED 2,437,888, last on 30 November 2023 for AED 2,150,000 (AED 1,613 per sqft).
- Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 138,000 to AED 82,000 in 2021 and recovered to AED 113,370 by February 2024.
- At AED 113,370 a year the gross yield on the 2023 price is 5.3%, 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 15 February 2024.
Questions about 502, Burj Lofts Central
What did unit 502 last sell for?
AED 2,150,000 on 30 November 2023: AED 1,613 per sqft for 1,333 sqft. The unit has 2 registered sales; the first was AED 2,437,888 in May 2010.
What is the rent for unit 502?
AED 113,370 a year on the contract renewed on 15 February 2024. The previous contract, from February 2023, was AED 98,900; the unit has been rented since March 2015.
How big is unit 502?
1,333 sqft (123.8 sqm): a two-bedroom apartment on the 5th floor of a 26-storey tower completed in 2009.
What is unit 502 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 502, Burj Lofts Central
Starts from the last sale price (AED 2.15M, 30 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →