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1-bed · 1,123 sqftBurj Lofts Central, Downtown Dubai · 2nd floor · completed 2009

L253, Burj Lofts Central

Sold prices and rental history: sold twice, last in November 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L253 · DLD and Ejari recordsUpdated 27 November 2014
Last soldAED 2.15M27 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L253, Burj Lofts Central

What is L253 worth today?

Last sold for AED 2,150,000 in 2014

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27 Nov 2014SoldReady
AED 2,150,000AED 1,913 per sqft
8 Aug 2010Sold by developerReady · flagged as an outlier
AED 599,944AED 534 per sqft

Source: Dubai Land Department. Updated 27 November 2014.

Key facts

Type
1-bed apartment
Size
1,123 sqft
Floor
2nd of 26
Parking
B1 - 1120
Developer
Emaar
Completed
2009
Service charge
AED 23,600 /yr
Last sold
AED 2.15M · November 2014
Building
Burj Lofts Central

About L253, Burj Lofts Central

L253 is a one-bedroom apartment of 1,123 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 27 November 2014 for AED 2,150,000, or AED 1,913 per sqft, in line with the AED 1,901 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for L253 over time

Sales
Unit L253, each saleTypical one-bed in Burj Lofts Central
1M2M2010201520202025Typical 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, November 2014: AED 2,150,000 (AED 1,913 per sqft)

L253 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit L253, 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 100,000

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 L253 sits

All 233 1-beds →

L253 last sold in November 2014 at AED 1,913 per sqft, in line with what one-beds in Burj Lofts Central were fetching at the time (AED 1,901). 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.

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

L253, Burj Lofts Central in numbers

  • Sold twice: first on 8 August 2010 for AED 599,944, last on 27 November 2014 for AED 2,150,000 (AED 1,913 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 27 November 2014.

Questions about L253, Burj Lofts Central

What did unit L253 last sell for?

AED 2,150,000 on 27 November 2014: AED 1,913 per sqft for 1,123 sqft. The unit has 2 registered sales; the first was AED 599,944 in August 2010.

How big is unit L253?

1,123 sqft (104.3 sqm): a one-bedroom apartment on the 2nd floor of a 26-storey tower completed in 2009.

What is unit L253 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 L253, Burj Lofts Central

Starts from the last sale price (AED 2.15M, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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