2-bed · 1,333 sqftBurj Lofts Central, Downtown Dubai · 9th floor · completed 2009

902, Burj Lofts Central

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 6 May 2024
Last soldAED 2.6M6 May 2024
Current rentAED 114K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Burj Lofts Central

What is 902 worth today?

Last sold for AED 2,600,000 in 2024

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6 May 2024SoldReady
AED 2,600,000AED 1,950 per sqft
1 Oct 2023RentedRenewal
AED 114,000/yr12 months · AED 85 per sqft
1 Oct 2022RentedRenewal
AED 99,750/yr12 months · AED 75 per sqft
1 Oct 2021RentedNew contract
AED 95,000/yr12 months · AED 71 per sqft
9 Oct 2020RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft
2 Apr 2019SoldReady
AED 1,800,000AED 1,350 per sqft
31 Oct 2016RentedRenewal
AED 170,000/yr12 months · AED 127 per sqft
31 Oct 2015RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 6 May 2024.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
9th of 26
Parking
B1 - 1065
Developer
Emaar
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 2.6M · May 2024

About 902, Burj Lofts Central

902 is a two-bedroom apartment of 1,333 sqft on the 9th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 6 May 2024 for AED 2,600,000, or AED 1,950 per sqft, 15% above the AED 1,698 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 114,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 28,000 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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, February 2012: AED 2,363,888 (AED 1,773 per sqft)Sold, September 2012: AED 1,850,000 (AED 1,388 per sqft)Sold, January 2013: AED 2,175,000 (AED 1,632 per sqft)Sold, April 2019: AED 1,800,000 (AED 1,350 per sqft)Sold, May 2024: AED 2,600,000 (AED 1,950 per sqft)

902 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 902, 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, March 2013: AED 138,000 a yearNew contract, March 2014: AED 155,000 a yearNew contract, October 2015: AED 170,000 a yearRenewal, October 2016: AED 170,000 a yearNew contract, October 2020: AED 85,000 a yearNew contract, October 2021: AED 95,000 a yearRenewal, October 2022: AED 99,750 a yearRenewal, October 2023: AED 114,000 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 902 sits

All 72 2-beds →

902 last sold in May 2024 at AED 1,950 per sqft, 15% above what two-beds in Burj Lofts Central were fetching at the time (AED 1,698). 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. 902's AED 114,000 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 9th floor

All 321 units in Burj Lofts Central
Value
9011-bedAED 1.4M · Jun 2023
9032-bedAED 2.52M · Mar 2024
9041-bedAED 1.85M · Aug 2024
9051-bedAED 1.04M · Jun 2022
9061-bedAED 1.16M · Jun 2010

902, Burj Lofts Central in numbers

  • Sold 5 times: first on 6 February 2012 for AED 2,363,888, last on 6 May 2024 for AED 2,600,000 (AED 1,950 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 138,000 to AED 85,000 in 2020 and recovered to AED 114,000 by October 2023.
  • At AED 114,000 a year the gross yield on the 2024 price is 4.4%, 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 6 May 2024.

Questions about 902, Burj Lofts Central

What did unit 902 last sell for?

AED 2,600,000 on 6 May 2024: AED 1,950 per sqft for 1,333 sqft. The unit has 5 registered sales; the first was AED 2,363,888 in February 2012.

What is the rent for unit 902?

AED 114,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 99,750; the unit has been rented since March 2013.

How big is unit 902?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 9th floor of a 26-storey tower completed in 2009.

What is unit 902 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 902, Burj Lofts Central

Starts from the last sale price (AED 2.6M, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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