2-bed · 1,333 sqftBurj Lofts Central, Downtown Dubai · 8th floor · completed 2009

802, Burj Lofts Central

Sold prices and rental history: sold 4 times, last in July 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 27 July 2021
Last soldAED 1.83M27 July 2021
Current rentAED 92K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Burj Lofts Central

What is 802 worth today?

Last sold for AED 1,825,000 in 2021

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27 Jul 2021SoldReady
AED 1,825,000AED 1,369 per sqft
15 Sep 2020RentedNew contract
AED 92,000/yr12 months · AED 69 per sqft
23 Dec 2019SoldReady
AED 1,375,000AED 1,031 per sqft
22 Oct 2018RentedRenewal
AED 118,000/yr12 months · AED 88 per sqft
22 Oct 2017RentedRenewal
AED 146,000/yr12 months · AED 109 per sqft
22 Oct 2016RentedNew contract
AED 154,000/yr12 months · AED 115 per sqft
1 Jun 2015RentedNew contract
AED 199,500/yr12 months · AED 149 per sqft
9 Jun 2014SoldReady
AED 3,200,000AED 2,401 per sqft

Source: Dubai Land Department. Updated 27 July 2021.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
8th of 26
Parking
B1 - 1066
Developer
Emaar
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 1.83M · July 2021

About 802, Burj Lofts Central

802 is a two-bedroom apartment of 1,333 sqft on the 8th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 27 July 2021 for AED 1,825,000, or AED 1,369 per sqft, 52% above the AED 899 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 15 September 2020, is AED 92,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 28,000 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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 2,352,888 (AED 1,765 per sqft)Sold, June 2014: AED 3,200,000 (AED 2,401 per sqft)Sold, December 2019: AED 1,375,000 (AED 1,031 per sqft)Sold, July 2021: AED 1,825,000 (AED 1,369 per sqft)

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

Rents
Unit 802, each contractTypical two-bed in Burj Lofts Central
100K150K200K2012201620202024Typical 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, June 2015: AED 199,500 a yearNew contract, October 2016: AED 154,000 a yearRenewal, October 2017: AED 146,000 a yearRenewal, October 2018: AED 118,000 a yearNew contract, September 2020: AED 92,000 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 802 sits

All 72 2-beds →

802 last sold in July 2021 at AED 1,369 per sqft, 52% above what two-beds in Burj Lofts Central were fetching at the time (AED 899). 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. 802's AED 92,000 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 8th floor

All 321 units in Burj Lofts Central
Value
8011-bedAED 1.16M · Jun 2010
8032-bedAED 2.71M · Jan 2011
8041-bedAED 1.24M · Mar 2010
8051-bedAED 1.55M · Oct 2014
8061-bedAED 1.32M · Apr 2018

802, Burj Lofts Central in numbers

  • Sold 4 times: first on 5 May 2010 for AED 2,352,888, last on 27 July 2021 for AED 1,825,000 (AED 1,369 per sqft).
  • Rented since June 2015 on 5 Ejari contracts, from AED 199,500 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2021 price is 5.0%, 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 27 July 2021.

Questions about 802, Burj Lofts Central

What did unit 802 last sell for?

AED 1,825,000 on 27 July 2021: AED 1,369 per sqft for 1,333 sqft. The unit has 4 registered sales; the first was AED 2,352,888 in May 2010.

What is the rent for unit 802?

AED 92,000 a year on the contract signed on 15 September 2020. The previous contract, from October 2018, was AED 118,000; the unit has been rented since June 2015.

How big is unit 802?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 8th floor of a 26-storey tower completed in 2009.

What is unit 802 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 802, Burj Lofts Central

Starts from the last sale price (AED 1.83M, 27 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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