1-bed · 816 sqftBurj Lofts Central, Downtown Dubai · 2nd floor · completed 2009

L242, Burj Lofts Central

Sold prices and rental history: sold 3 times, last in November 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L242 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 1M14 November 2018
Current rentAED 100K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L242, Burj Lofts Central

What is L242 worth today?

Last sold for AED 1,000,000 in 2018

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28 Oct 2025RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
22 Jul 2024RentedRenewal
AED 90,000/yr12 months · AED 110 per sqft
22 Jul 2023RentedRenewal
AED 80,000/yr12 months · AED 98 per sqft
22 Jul 2022RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
22 Jul 2021RentedRenewal
AED 63,000/yr12 months · AED 77 per sqft
22 Jul 2020RentedRenewal
AED 63,000/yr12 months · AED 77 per sqft
22 Jul 2019RentedNew contract
AED 63,000/yr12 months · AED 77 per sqft
14 Nov 2018SoldReady
AED 1,000,000AED 1,224 per sqft

Source: Dubai Land Department. Updated 28 October 2025.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
2nd of 26
Parking
B3 - 3038
Developer
Emaar
Completed
2009
Service charge
AED 17,100 /yr
Last sold
AED 1M · November 2018

About L242, Burj Lofts Central

L242 is a one-bedroom apartment of 816 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 14 November 2018 for AED 1,000,000, or AED 1,224 per sqft, 15% below the AED 1,432 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 28 October 2025, is AED 100,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 17,100 a year.

Sales and rents for L242 over time

Sales
Unit L242, 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, June 2010: AED 842,888 (AED 1,032 per sqft)Sold, March 2014: AED 1,525,000 (AED 1,867 per sqft)Sold, November 2018: AED 1,000,000 (AED 1,224 per sqft)

L242 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit L242, each contractTypical one-bed in Burj Lofts Central
60K80K100K2012201620202024Typical 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, October 2012: AED 96,000 a yearNew contract, October 2013: AED 100,000 a yearNew contract, October 2014: AED 107,000 a yearNew contract, June 2018: AED 80,000 a yearNew contract, July 2019: AED 63,000 a yearRenewal, July 2020: AED 63,000 a yearRenewal, July 2021: AED 63,000 a yearRenewal, July 2022: AED 70,000 a yearRenewal, July 2023: AED 80,000 a yearRenewal, July 2024: AED 90,000 a yearNew contract, October 2025: AED 100,000 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 L242 sits

All 233 1-beds →

L242 last sold in November 2018 at AED 1,224 per sqft, 15% below what one-beds in Burj Lofts Central were fetching at the time (AED 1,432). 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. L242's AED 100,000 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

L242, Burj Lofts Central in numbers

  • Sold 3 times: first on 30 June 2010 for AED 842,888, last on 14 November 2018 for AED 1,000,000 (AED 1,224 per sqft).
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 96,000 to AED 63,000 in 2021 and recovered to AED 100,000 by October 2025.
  • At AED 100,000 a year the gross yield on the 2018 price is 10.0%, 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 28 October 2025.

Questions about L242, Burj Lofts Central

What did unit L242 last sell for?

AED 1,000,000 on 14 November 2018: AED 1,224 per sqft for 816 sqft. The unit has 3 registered sales; the first was AED 842,888 in June 2010.

What is the rent for unit L242?

AED 100,000 a year on the contract signed on 28 October 2025. The previous contract, from July 2024, was AED 90,000; the unit has been rented since October 2012.

How big is unit L242?

816 sqft (75.8 sqm): a one-bedroom apartment on the 2nd floor of a 26-storey tower completed in 2009.

What is unit L242 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 L242, Burj Lofts Central

Starts from the last sale price (AED 1M, 14 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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