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Studio · 558 sqftBurj Lofts Central, Downtown Dubai · 2nd floor · completed 2009

L240, Burj Lofts Central

Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L240 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 1.23M28 August 2025
Current rentAED 84K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L240, Burj Lofts Central

What is L240 worth today?

Last sold for AED 1,225,000 in 2025

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10 Jul 2026RentedNew contract
AED 84,000/yr12 months · AED 150 per sqft
3 Nov 2025RentedNew contract
AED 98,000/yr6 months · AED 176 per sqft
1 Sep 2025RentedNew contract
AED 96,000/yr6 months · AED 172 per sqft
28 Aug 2025SoldReady
AED 1,225,000AED 2,196 per sqft
1 Jun 2021RentedRenewal
AED 60,000/yr13 months · AED 107 per sqft
1 Apr 2020RentedRenewal
AED 55,714/yr14 months · AED 100 per sqft
1 Apr 2019RentedRenewal
AED 80,000/yr12 months · AED 143 per sqft
1 Apr 2018RentedNew contract
AED 87,500/yr12 months · AED 156 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
558 sqft
Floor
2nd of 26
Parking
B3 - 3051
Developer
Emaar
Completed
2009
Service charge
AED 11,700 /yr
Last sold
AED 1.23M · August 2025
Building
Burj Lofts Central

About L240, Burj Lofts Central

L240 is a studio of 558 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 28 August 2025 for AED 1,225,000, or AED 2,196 per sqft.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 10 July 2026, is AED 84,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 11,700 a year.

Sales and rents for L240 over time

Sales
Unit L240, each saleTypical studio in Burj Lofts Central
750K1M1.25M2012201620202024Typical sale price by year: 2012 AED 746,888; 2013 AED 911,444Sold by developer, July 2012: AED 690,888 (AED 1,238 per sqft)Sold, August 2016: AED 1,150,000 (AED 2,061 per sqft)Sold, August 2025: AED 1,225,000 (AED 2,196 per sqft)

L240 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit L240, each contractTypical studio in Burj Lofts Central
50K75K100K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 90,000; 2017 AED 83,000; 2018 AED 78,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 52,500; 2022 AED 60,000; 2023 AED 69,375; 2024 AED 67,500; 2025 AED 80,000; 2026 AED 84,000New contract, September 2017: AED 87,500 a yearNew contract, April 2018: AED 87,500 a yearRenewal, April 2019: AED 80,000 a yearRenewal, April 2020: AED 55,714 a yearRenewal, June 2021: AED 60,000 a yearNew contract, September 2025: AED 96,000 a yearNew contract, November 2025: AED 98,000 a yearNew contract, July 2026: AED 84,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Burj Lofts Central, and where L240 sits

All 8 studios →

L240's AED 84,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Dec 2014802,888
28 Nov 20131,250,000
31 Jul 20131,000,000
14 Mar 2013815,888
0 studio 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

L240, Burj Lofts Central in numbers

  • Sold 3 times: first on 5 July 2012 for AED 690,888, last on 28 August 2025 for AED 1,225,000 (AED 2,196 per sqft).
  • Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 87,500 to AED 55,714 in 2020 and recovered to AED 84,000 by July 2026.
  • At AED 84,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 11,700 a year (AED 21.00 per sqft).

Source: Dubai Land Department. Updated 10 July 2026.

Questions about L240, Burj Lofts Central

What did unit L240 last sell for?

AED 1,225,000 on 28 August 2025: AED 2,196 per sqft for 558 sqft. The unit has 3 registered sales; the first was AED 690,888 in July 2012.

What is the rent for unit L240?

AED 84,000 a year on the contract signed on 10 July 2026. The previous contract, from November 2025, was AED 98,000; the unit has been rented since September 2017.

How big is unit L240?

558 sqft (51.8 sqm): a studio on the 2nd floor of a 26-storey tower completed in 2009.

What is unit L240 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on L240, Burj Lofts Central

Starts from the last sale price (AED 1.23M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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