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1-bed · 812 sqftBurj Lofts Central, Downtown Dubai · 1st floor · completed 2009

L148, Burj Lofts Central

Sold prices and rental history: sold twice, last in May 2015, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L148 · DLD and Ejari recordsUpdated 12 May 2015
Last soldAED 1.45M12 May 2015
Current rentAED 115K /yr11 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L148, Burj Lofts Central

What is L148 worth today?

Last sold for AED 1,450,000 in 2015

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12 May 2015SoldReady
AED 1,450,000AED 1,785 per sqft
11 Aug 2014RentedNew contract
AED 115,000/yr12 months · AED 142 per sqft
7 Oct 2010Sold by developerReady · flagged as an outlier
AED 423,444AED 521 per sqft

Source: Dubai Land Department. Updated 12 May 2015.

Key facts

Type
1-bed apartment
Size
812 sqft
Floor
1st of 26
Parking
B3 - 3136
Developer
Emaar
Completed
2009
Service charge
AED 17,100 /yr
Last sold
AED 1.45M · May 2015
Building
Burj Lofts Central

About L148, Burj Lofts Central

L148 is a one-bedroom apartment of 812 sqft on the 1st floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 12 May 2015 for AED 1,450,000, or AED 1,785 per sqft, 5% below the AED 1,873 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 August 2014. The current contract, signed on 11 August 2014, is AED 115,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 17,100 a year.

Sales and rents for L148 over time

Sales
Unit L148, 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, May 2015: AED 1,450,000 (AED 1,785 per sqft)

L148 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit L148, each contractTypical one-bed in Burj Lofts Central
75K100K2012201620202024Typical 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, August 2014: AED 115,000 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 L148 sits

All 233 1-beds →

L148 last sold in May 2015 at AED 1,785 per sqft, 5% below what one-beds in Burj Lofts Central were fetching at the time (AED 1,873). 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. L148's AED 115,000 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 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

L148, Burj Lofts Central in numbers

  • Sold twice: first on 7 October 2010 for AED 423,444, last on 12 May 2015 for AED 1,450,000 (AED 1,785 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 17,100 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 12 May 2015.

Questions about L148, Burj Lofts Central

What did unit L148 last sell for?

AED 1,450,000 on 12 May 2015: AED 1,785 per sqft for 812 sqft. The unit has 2 registered sales; the first was AED 423,444 in October 2010.

What is the rent for unit L148?

AED 115,000 a year on the contract signed on 11 August 2014.

How big is unit L148?

812 sqft (75.4 sqm): a one-bedroom apartment on the 1st floor of a 26-storey tower completed in 2009.

What is unit L148 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 L148, Burj Lofts Central

Starts from the last sale price (AED 1.45M, 12 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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