1-bed · 835 sqftBurj Lofts Central, Downtown Dubai · 1st floor · completed 2009

L122, Burj Lofts Central

Sold prices and rental history: sold once, by the developer in May 2010, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L122 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 905K19 May 2010
Current rentAED 50K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L122, Burj Lofts Central

What is L122 worth today?

Last sold for AED 904,888 in 2010

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1 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
27 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
26 Jan 2014RentedNew contract
AED 114,692/yr12 months · AED 137 per sqft
19 May 2010Sold by developerReady
AED 904,888AED 1,083 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
1-bed apartment
Size
835 sqft
Floor
1st of 26
Parking
B3 - 3089
Developer
Emaar
Completed
2009
Service charge
AED 17,500 /yr
Last sold
AED 905K · May 2010

About L122, Burj Lofts Central

L122 is a one-bedroom apartment of 835 sqft on the 1st floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 19 May 2010 for AED 904,888, or AED 1,083 per sqft, 10% below the AED 1,204 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 November 2022, is AED 50,000 a year: a gross yield of 5.5% on the 2010 price, before the service charge of about AED 17,500 a year.

Sales and rents for L122 over time

Sales
Unit L122, 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, May 2010: AED 904,888 (AED 1,083 per sqft)

L122 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit L122, each contractTypical one-bed in Burj Lofts Central
50K100K2012201620202024Typical 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, January 2014: AED 114,692 a yearNew contract, September 2018: AED 85,000 a yearNew contract, November 2022: AED 50,000 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 L122 sits

All 233 1-beds →

L122 last sold in May 2010 at AED 1,083 per sqft, 10% below what one-beds in Burj Lofts Central were fetching at the time (AED 1,204). 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. L122's AED 50,000 is at the bottom 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 1st floor

All 321 units in Burj Lofts Central
Value
L1011-bedAED 1.13M · Jul 2012
L1021-bedAED 910K · Aug 2011
L1031-bedAED 2.25M · Jan 2025
L104StudioAED 803K · Dec 2014
L1051-bedAED 1.55M · Jun 2015
L1061-bedAED 1.12M · Jul 2010
L1071-bedAED 1.65M · Jul 2026
1–7 of 56

L122, Burj Lofts Central in numbers

  • Sold once: by Emaar on 19 May 2010 for AED 904,888, or AED 1,083 per sqft.
  • Rented since January 2014 on 3 Ejari contracts, from AED 114,692 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2010 price is 5.5%, before a service charge of about AED 17,500 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 1 November 2022.

Questions about L122, Burj Lofts Central

What did unit L122 last sell for?

AED 904,888 on 19 May 2010, sold by the developer: AED 1,083 per sqft for 835 sqft. It is the only registered sale of the unit.

What is the rent for unit L122?

AED 50,000 a year on the contract signed on 1 November 2022. The previous contract, from September 2018, was AED 85,000; the unit has been rented since January 2014.

How big is unit L122?

835 sqft (77.6 sqm): a one-bedroom apartment on the 1st floor of a 26-storey tower completed in 2009.

What is unit L122 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 L122, Burj Lofts Central

Starts from the last sale price (AED 905K, 19 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 904,888
Deposit, UAE resident (20%)
AED 180,978
Deposit, non-resident (40%)
AED 361,955
Monthly over 25 years at 3.7%
AED 3,702

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