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1-bed · 1,036 sqftBurj Lofts Central, Downtown Dubai · 2nd floor · completed 2009

L238, Burj Lofts Central

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L238 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.3M4 January 2015
Current rentAED 90K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L238, Burj Lofts Central

What is L238 worth today?

Last sold for AED 1,300,000 in 2015

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1 Feb 2025RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
1 Feb 2025RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
1 Feb 2024RentedRenewal
AED 78,540/yr12 months · AED 76 per sqft
1 Feb 2023RentedRenewal
AED 74,800/yr12 months · AED 72 per sqft
1 Feb 2022RentedRenewal
AED 74,800/yr12 months · AED 72 per sqft
1 Jan 2021RentedNew contract
AED 68,000/yr13 months · AED 66 per sqft
16 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
1 Feb 2018RentedRenewal
AED 115,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
1,036 sqft
Floor
2nd of 26
Parking
B2 - 2060
Developer
Emaar
Completed
2009
Service charge
AED 21,700 /yr
Last sold
AED 1.3M · January 2015
Building
Burj Lofts Central

About L238, Burj Lofts Central

L238 is a one-bedroom apartment of 1,036 sqft on the 2nd floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 4 January 2015 for AED 1,300,000, or AED 1,255 per sqft, 36% below the AED 1,946 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 90,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 21,700 a year.

Sales and rents for L238 over time

Sales
Unit L238, 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, October 2012: AED 1,207,888 (AED 1,166 per sqft)Sold, January 2015: AED 1,300,000 (AED 1,255 per sqft)

L238 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit L238, each contractTypical one-bed in Burj Lofts Central
75K100K125K2012201620202024Typical 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, March 2013: AED 95,000 a yearNew contract, April 2014: AED 118,000 a yearNew contract, February 2016: AED 117,500 a yearRenewal, February 2017: AED 115,000 a yearRenewal, February 2018: AED 115,000 a yearNew contract, November 2019: AED 80,000 a yearNew contract, January 2021: AED 68,000 a yearRenewal, February 2022: AED 74,800 a yearRenewal, February 2023: AED 74,800 a yearRenewal, February 2024: AED 78,540 a yearRenewal, February 2025: AED 90,000 a yearRenewal, February 2025: AED 90,000 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 L238 sits

All 233 1-beds →

L238 last sold in January 2015 at AED 1,255 per sqft, 36% below what one-beds in Burj Lofts Central were fetching at the time (AED 1,946). 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. L238's AED 90,000 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 2nd floor

All 321 units in Burj Lofts Central
Value
2011-bedAED 1.08M · Nov 2021
2022-bedAED 2M · Sep 2018
2032-bedAED 2.13M · Jan 2013
2041-bedAED 1.13M · May 2010
2051-bedAED 1.21M · Oct 2015
2061-bedAED 1.12M · Jun 2010
L2011-bedAED 539K · Apr 2011
1–7 of 62

L238, Burj Lofts Central in numbers

  • Sold twice: first on 22 October 2012 for AED 1,207,888, last on 4 January 2015 for AED 1,300,000 (AED 1,255 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 68,000 in 2021 and recovered to AED 90,000 by February 2025.
  • At AED 90,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 21,700 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 February 2025.

Questions about L238, Burj Lofts Central

What did unit L238 last sell for?

AED 1,300,000 on 4 January 2015: AED 1,255 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 1,207,888 in October 2012.

What is the rent for unit L238?

AED 90,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 90,000; the unit has been rented since March 2013.

How big is unit L238?

1,036 sqft (96.2 sqm): a one-bedroom apartment on the 2nd floor of a 26-storey tower completed in 2009.

What is unit L238 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 L238, Burj Lofts Central

Starts from the last sale price (AED 1.3M, 4 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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